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Friday, February 05, 2021 1:53:05 PM
Years ago there was actually some pretty convincing dd that this shell was going to be used by Jinbo Group in China to access the market, and that they are a VERY substantial, well-connected company/group.
It all came to a screeching halt when Dequn Wang got into legal trouble.
Now that he has been replaced, many of the long term holders are hopeful that the execution of the original plan will now be executed, recognizing that some changes to that plan have undoubtedly been made with the passage of time.
Dequn Wang was comparing the future of this to Baidu and other Chinese stocks that made the big time.
Time will tell. It could open one day at $10 or more, and it could just do nothing.
Roll the dice
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