reality is that this is a massive scam - we have been directly involved in several take private deals. reality is that this is not one of them. the point in talking BUYOUT is that the "freemium" here is supposedly $500,000,000.00 "assets value" vs $10,000,000.00 "market value" so there's a FREEBIE of "only" $490,000,000.00 making this the second coming of christ. this is "the rapture" for buyout funds. sadly - out direct conversation with several such china side funds ended in heavy consumption of alcohol and uncontrollable bouts of laughter after the "private CEO meetings" and related scam-pitches with all of this wacky accounting and weak third party paid attestations of "value" which went in circles until we all felt dizzy. there's literally no value here at all. given the huge "audited statements" of value - the shareholders will sue for that IS NOT THERE and was used to scam them into buying the stock.
the liability to "the company" is around (-$490,000,000.00) and that's before they begin paying lawyers to defend the lawsuits..... which they will lose......
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