I suspect we were just stiffing them with returning the money. They eventually decided to take the gamble and just buy the offered shares. Drop in the bucket for Longtai.
I'm happy Longtai has invested, but it leaves a still further bad feeling about the clown-show that Titan once was under JH and crew.
Maybe McNally came in and told Randall to hold off Longtai and he could keep his job. Randall probably just kept telling them he didn't know where the checkbook was, and they could believe it.
Randall is still there; not good; let's replace.
How about spending a little of that 2 mill for some PR?
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