B. From yesterday's 8-K, QMA "will be registered." Huh? Was it established in February 2016 (as the above document indicates) or September 2016 (as the press release says) or is it some future date (as the 8-K implies)? Maybe "established" just means something else.
C. If there was $14.4MM initially invested, why wasn't 50% of it (or the new 25%) shown as an asset in the last 10-Q?
D. China Government Guidance Fund is investing in GTG andQMA? So, how is the $21.8MM being split between GTG and the JV?