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Jharty

08/09/21 6:29 PM

#215989 RE: Saving Grace #215986

Professor Li will stay on as the Company’s Chairman.

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Dell_Griffith

08/09/21 7:04 PM

#215991 RE: Saving Grace #215986

It's actually true. He can't come in to the U.S.

https://www.cdc.gov/coronavirus/2019-ncov/travelers/from-other-countries.html

He's been CEO since 2016, so I'm not sure that 5-1/2 years as CEO would be an abrupt departure.

He wasn't taking a salary either, so I don't see the drain on Company funds, other than clearly an indisputable lack of profitability that maybe he thought he'd give someone else a chance.

TC does like to sell shares at a premium. Most people like to, but if he can flip the switch in 6 months or so, I don’t think a shareholder will complain. He's got 6 months.