InvestorsHub Logo
Followers 5
Posts 133
Boards Moderated 0
Alias Born 01/19/2006

Re: brute_force post# 274443

Sunday, 12/30/2007 4:16:53 PM

Sunday, December 30, 2007 4:16:53 PM

Post# of 279080
you always short-change mr. fan...don't give him enough credit...

Fan owns 53% of the QBID o/s

...actually somewhat more than that...
remember the "investment team" ?
it was reported at the time that mr. fan and his "investment team" were 'major' shareholders before fan's annointment as ceo...

...has been said that stake was in the 10b share (or more) range beginning feb '06...
...approximately 10% (or more) BEFORE the 2/07/06 250 billion share increase in a/s...

lloyd fan..."185,500,000,000 were issued to me and my investment team on March 7, 2006"

...the 2/07/06 a/s increase had to be done to cover fat frank's 53% in preparation of the new ownership position.....

...or so i've heard.........;)

Join the InvestorsHub Community

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.