it's impossible. with shares at 2% of fake, claimed book value, if they bought stock with said balance sheet cash it's a 50X ROI to the shareholders and to the company. they would get sued for not repurchasing shares if they had the cash. they have nothing. this scam is simple: it's a prolific "atm ie "at the market" stock sales machine for their non equity CJV scamming partners" and they get splitsville on all of the share sales proceeds. they cut debt deals with everyone, post signage, pump and run, update quarterly. oldest game on the planet. in china this is the rule and not the exception.
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