Many got burned doing business in China. If this management team had really shafted investors then they wouldn't be in business now.
What old tricks? They have a responsibility to create shareholder value. So far they are doing a good job. Of all the companies that end up on the gray market I think more than 99% end up dead. But not this one.
They are still not doing all they can. Perhaps they want to issue stock to employees first. Let's not be naive.
I have no idea where this one is going. It'll be interesting to watch. But I don't have a problem buying this stock for a P/E of 2. LOL.