looks like the threat of delisting and pressure from chinese regulator has cause the MD clean up his act.
when this stock trade again.
it will either tank to 2 cents, because everyone rush for the exit at the same time or explode to 10 cents, because Jiameng now realises the regulator is watching and he needs to do the right things. Else he could end up in jail..
Best scenario... the company make an offer to buy back all the shares and take it private again...
XPD Price at posting:
3.3¢ Sentiment: None Disclosure: Held