So are you also claiming that
FHH Sino is buying the shares of INBG without filing the appropriate paperwork with the SEC?
Why, exactly, would FHH want to buy worthless non voting shares of a penny stock in the US if they are actually an entity of the Chinese Government? It couldn't be to raise money to build a few tanks. The Chinese Government could sell a US T Bill and pay for that.
And why, exactly, would the Chinese Government want to enrich a bunch of penny pusher INBG shareholders when they would have no legal or Chinese moral reason to do so? The common shares have ZERO control of the company. Even owning 100% of the OS would not give anyone controlling interest in the company.
Control of the company rests in KY's super-voting preferred shares.
Why, exactly, would FHH Sino want to pay a fortune for the shell of INBG, enriching all the common shareholders, and then, as it is required in the LOI, keep KY as CEO?
Again, fluff and stuff doesn't answer the basic questions.