Ann: Company update, page-8

• 234,904,834 shares were released from voluntary escrow on 21 November 2016 in favour of Chou Qin;

Following is the bit I like.

• On the same date Chou Qin executed a loan agreement whereby a significant number of these shares were pledged as part of a loan security;

If I had known that I wouldn't have bought shares.

As Barclays had a legal obligation to disclose their interest, which they didn't do, the market was not properly informed so it seems Barclays may have a case to answer.

Hopefully they will have some real money in the bank if all goes badly.

N.B. the shares were trading at 10c when the loan agreement was made.

Defies logic why the founders wouldn't have handled the margin calls as the share price dropped by paying a dividend.

Why they would destroy the share price and deny themselves access to cash when they obviously needed it. is the elephant in the room.