OllieB, A JV with Union Pay doesn't get any bigger. Union Pay is the PBOC, it means everything is fast tracked with no regulation issues. this is massive. A JV with Union Pay is bigger than with alibaba or JD or tencent.
Also so many people worry about the escrow shares, i have been told not a single share will come out until after the NASDAQ listing. Investorlink the lead broker holds all of the escrowed stock.
Australians just don't get this story, it will enjoy a massive PE expansion in the US. This company has connections with the banks that the other B2C players can only dream of.
NNW Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held