I agree! I have had similar thoughts. Since most of the major shareholders are currently European or Asian, it appears to me that this company is being used as a tax shelter or something similar to that (being American, I do not know their tax system/structure for companies). However, what really angers me is the fact that as far as penny stocks go, this company is the perfect candidate for big price gains. But, it just seems as you stated, the majority owners do not care about the pps...???
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