American Lorain Corporation (ALN)

[kmx_swing]

I think I have found it. Needs some digging. There is a mess with preffered stock issued and having more than 400x bigger voting power than outstanding commom stock. They are stating that in the case of liquidation these stocks will be of equal value as common stock. But table below says it clearly. if we should consider pps price 0,30 in correspondence with with over 800M shares, than the market cap is cca 255M which makes the sense. considering there is 10M shares o/s only, I have thought the price would go up to 30 dollars as the Market Cap should be cca 300M. Interesting information there is about the option valid for 7 years, where some chinese is is granted to buy over 600K shares for price over 66 dollars. Seems like buying now is in long term not bad investment but there will be maybe mess with Reverse merger. They also clearly declared that They will dilute. So my own conlusion is to wait.....:) (but myabe I am wrong and doing terrible mistake)

There is also questin in the air I have found no answer yet. WHEN new name, new Cusip and the transaction below will happen......

Anyhow, according to my calculations after split the price 0,3 will be equal to 9.60 usd and market cap cca 240M

SEE THE TABLE HERE: