And in the back of my mind I kept telling myself, he wouldn't do that, he wouldn't, there's no way, but here it is, he has. His 2nd R/S in 10 years. Not sure of the reasons or why especially seeing that they own 65% of the total shares. Why R/S your own shares? There's more to this story we haven't seen yet.
I'm thinking 2014 will show us what the heck Wang has going on behind closed doors.
GLTA!
$$STOA$$
Name and Address of
Beneficial Owner
Position
Amount and Nature of
Beneficial Ownership
Percent of
Common Stock(1)
Soconison Ventures
c/o Room 4304, 43/F China Resources Building, 26 Harbour Road, Wan Chai, Hong Kong
Shareholder
2,500,000,000
61.4%
James Wang
c/o Room 4304, 43/F China Resources Building, 26 Harbour Road, Wan Chai, Hong Kong
President, CEO and Director
40,000,000
1.0%
Philip Ka
c/o Room 4304, 43/F China Resources Building, 26 Harbour Road, Wan Chai, Hong Kong
Director
50,000,000
1.2%
Directors and Officers as a group (3 persons)
90,000,000
2%