$ABQQ still very much in play,..I'll explain, First, talk about transparency!!!,.. Deng must of known todays news wouldn't go over to well BUT, he sent it anyway, this is a stand up guy move.
Now lets get into the tweet,..
"Unfortunately, so far they don’t accept the terms of repurchase shares to be cancelled." First off, "SO FAR",..nuff said.
"the terms of repurchase shares to be cancelled." The repurchase of shares is STILL a thing, it's just the cancellation, the terms of that need ironed out ie, SO FAR.
"The long term shareholders", that sure in hell ain't da-hub, twits,twats etc he's talking about for sure. To spell it out better, his inside investors.
"believe holding the shares is smart option" Catch the key word there?? So while the repurchased shares aren't "officially" canceled off the OS, they might as well be,.... for Deng IS NOT going to dilute his own shares & equity. My thinking is the investors want them in a safe hold for better leverage in the future.
"Unless they receive more equity inhttp://ABQQ.tv" Seems ABQQ.tv is the golden ring & ABQQ is a big part of it,... & we ride with them;-)
Now a number of peeps, (I included) are a little pissed off since the MASIVE reduction of the OS was/still is the play here for the most part. That alone would be the holy grail of OTC YET, the repurchase of shares IS still in play AND,
"These shareholders were ready to reach an agreement to cancel 300 million shares, but it has not yet been completed." to cancel 300 million shares, but it has not yet been completed Reduction of the OS is still very much on the table.
And don't get into the "were" word, ("still are" is a better phrasing), we all know his tweets can be confusing at times and, but it has not yet been completed answers that.