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Replies to #5100 on China Unlimited

axion-nl

08/06/15 5:53 AM

#5101 RE: RealDutch #5100

What is the avg price that Richard Fearon bought his shares for? He's not in the green I guess..


On June 23, 2014 the company's Chief Executive Officer, Ms. Lianyuin Han, sold 300,000 of her shares to Accretive Capital Partners, LLC ("Accretive Capital"). The price was a previously negotiated $1.40 per share. All the shares are restricted for six months. This is similar to the original transaction of December 26, 2013 when Ms. Han sold 700,000 of her shares to Accretive Capital. Accretive Capital is a highly successful activist investor, targeting small undervalued public companies that are often take-private candidates.