“with its shareholder of Xiamen Shengruihao Technology Co., Ltd. ”
So if I find a shareholder of any company I can sign a memorandum of understanding with the shareholder to buy the company. It makes no sense unless it is an attempt to prevent the gap fill at .59, the company can sell shares all the way to .59 to afford the 50 million dollar a year acquisition that likely will be cancelled, then they will take their money and live large.
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