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Re: Ecomike post# 1763

Sunday, 08/19/2012 5:33:00 PM

Sunday, August 19, 2012 5:33:00 PM

Post# of 2470
This explains the 17,500,000 shares double listed with a foot note in the report:

(1)

This includes 9,500,000 shares owned by Mr. Bin Wang and 8,000,000 shares owned by Ms. Zhi Li, Mr. Bin Wang’s spouse.



http://www.sec.gov/Archives/edgar/data/1298195/000101376208000526/form14c.htm

Jiao Wang does seem to no longer be listed as an insider with 8 million shares between the the 2008 Form 14c filed and the 2011 10-K filing, so the question is did that person sell, or cease to be an insider, or ......both? Jiao was listed in 2008, and is not listed in the 2011 10-K

And the joint Wang holding of 17.5 million dropped to 17 million.

One more thought, perhaps non-officer, employees are not considered insiders with respect to filing a form 3 or 4. I only mention this with respect to the employee stock awards I found in the latest 10-K.

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

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