I don't post here much at all...My thoughts are...Yes Im disappointed in the R/S..but really...all along I was questioning myself as to how WANG would be able to acquire anything or pay for anything going forward. We all knew that he held around 1.2 B shares after preferred were converted. OS was already 800 million and that left him very little felxibility to make any deals moving forward or leverage anyone to invest into JBZY. How was he to propel us to the NASDAQ like that. I really didn't see a way. Of course everyone was sitting back thinking he would APO and all of a sudden we would be on easy street..but for that to happen it would take major outside investment..How would he compensate the investors? There was no way to do it. After the 1:100 R/S Wang will hold all the cards and be able to do any deals he wishes. But I know he would be extremely stupid to dilute now..if he did there would be no investment interest and it would result in a downward spiral. We must remember his long term goals as seen in the DD..The stock lists...the plates.....the employees....his associations with the Government and meetings with Jack Ma and the like. Its not easy to see our share number decrease by a factor of 100 but it is necessary in my opinion. I think that Wang has been straight and will continue to be so. We must think long term. Wang understands the stock market...he understands where he wants this Co to go..and if we are patient and hang on and continue to accumulate as I plan to do..We will reap the reward of a HUGE EV CHINESE CO that has Many Many things going for it. I continue to be a LONG.
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