itsonlymuni - I might be reaching here but maybe those consultants and employees, if they are mainland China citizens, HAD to sell their shares. The PRC may disallow holding US stock as some kind of currency control which is tightly regulated by them. I've been looking to verify that. Maybe its just easier to sell than deal with the red tape of owning US stock. COOP - You work in Financial Services, what's your take on that theory?
Either way, if I'm compensated in stock by the best or the hottest of companies I'm selling large blocks. Most people need liquid cash. Most people should diversify.
Nobody has a crystal ball, but this company checks out okay. Would I fall over in shock if this company were a dud, no, but I think its worth the risk here.
Heptikus - I'm betting we aren't seeing a PR as Mr. Mak is weary of SEC scrutiny. If I were him, after making multiple amendments, I wouldn't release any PRs either until I get some tangible verifiable news. Some of the earlier PRs were ill conceived. For now he's speaking to us in the filings. Its a difficult environment in this post SOX era. Accountants, CEOs, and CFOs are incredibly cautious.
Ultra - Are you in?
CMAMAN2029
