OTCPK:JENGQ - Post by User
Comment by
truestaron Dec 23, 2014 1:23pm
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Post# 23260239
RE:RE:RE:RE:RE:RE:JP buys over 1.5 million shares
RE:RE:RE:RE:RE:RE:JP buys over 1.5 million sharesThe move would take place so Management can turn the company around without public scrutiny, much of which is contrived by shorters. The other reason is that as a private entity and the backing of JP, the debt could be taken out a much lower rate, and the company made much more profitable, and with a far lower EBITDA to Debt ratio. I think most shareholders would accept this after the roller coaster we have been on