I’m sure they’ll clawback and cancel whatever shares and proceeds they can find — mostly in VPOR. As you know that’s where they did most of the looting and they hadn’t started heavy here yet.
I’m frankly surprised CNCC is still trading. This all happened so quickly that it might still be getting caught up with the SEC. This might end up with a chill once the FBI fully briefs regulators, or there’s other investigations running parallel that are currently under seal that may delay any actions — tough to say at this point.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.