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iateclube

02/08/25 11:39 AM

#234277 RE: bobroo #234276

How much money have the four LLC's actually put into this? Says a lot.
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Boilingman

02/08/25 11:44 AM

#234279 RE: bobroo #234276

So please explain your understanding of the recently filed S-1 and LL being able to sell his shares on the open market...at some point. I figure he wouldn't do it until the stock price is way north of where it is now.
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PatentGuy1

02/08/25 8:16 PM

#234290 RE: bobroo #234276

IMHO, I think there is an excellent chance that the purported buyers a “straw men.” THEORY: Li couldn’t sell the shares to the real recipient without public disclosure. So, the straw men engage in the sham transaction (keeping individual share amounts to less than 5%), and then they transfer their shares to the intended real recipient without any SEC reporting requirements.
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Almosthere

02/08/25 9:24 PM

#234292 RE: bobroo #234276

Why 0.16 rather than 0.04? Who in the US would try transfer them too?