We did not know this about $CELH. Until we rea
Post# of 679
Until we read the interview with CEO, Gerry David & CFO John Fieldly in the latest issue of The Wall Street Transcript.
Madam Wang — Wang Rui — is part of the investment group which put $15.95 million into CELH last April. She built Red Bull in China to over $5 billion in annual revenues, and will be leading with Celsius as part of her new company's distribution network in China.
http://www.chinabeverage.org/cbst_en/ShowPage.aspx?id=2
This may account for the heavy volume we saw on Friday. Someone bought a boatload of shares, while sitting on the bid, at $1.70.