RE: RE: Jiasen.net27 Jul 2015 08:50
The footwear companys name is Naibu. Google something like Naibu scam read and make your own mind up.Naibu Always announced amazing results but share price continually fell. In a nutshell they decided to build a new factory just like Jiasen is doing. Then suddenly they announced excessive costs, cfo resigns and company is delisted. You need to hold 70% in order to delist without putting it to a shareholder vote. Currently one of the directors holds 48% and who knows what people around hold. If delisted yes you will still own your stake in the company but it wont be tradeable and I fear that the dividends will never be seen.Do your own research and make your own mind up....but I would tread very carefully with this one!