Softbank Venture 11,928,935 UTStarcom, Inc. 11,928,935 PZW Family LLC 18,556,209 Peter Wang 2,319,517 Kin Shing Lee 2,982,216 Hangzhou Joray 1,325,469 Electronics 3,976,336 Pacific Century 15,481,112 Guoying Wei 119,306 Charles Xue 543,464 Guifeng Zheng 576,513 Daofeng Shi 1,557,385 Ailian Wu 662,699
This filing in Nov 2006...Shows most of the original holders never sold a single share. It also shows Sinoquest Ltd owns 3,000,000 shares. Which wasnt one part of the original holders.
Assuming that all the original holders still own 72,000,000 + 3,000,000 = 75,000,000
85.5 - 75.0 = 10.5 Million share available to the public
These guys didn't even think about selling a single share when the stock was much higher.
So if there is 10.5 share owned by joe Q public... This stock will fly when the Q1 financials come out.
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.