Why all these needless bureaucratic hoops that waste everybody's time and energy? Upfront companies don't create obstructionary mazes and red tape like this in the matter of share structure. A simple call to T/A suffices with upfront companies. Apparently, Wen wants to make it more onerous (and shareholders less inclined) to learn O/S and float. Why? Is this strangely complicated policy timed to new blocks of shares that pay for the promotional campaign? This is not a helpful development if the company wishes to cast itself as transparent. They shot themselves in the foot again.
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