my fd, the ave price from two stock offering is: 3.02 dollar/share. as u know, warrant has no meaning, last time, nvfy just gave free shares... the problem is that the Chinese fund and the American funds might make deal under table. let's say they buyback all shares at: 2.5, what can u do?that is the question you should ask. NVFY is the ONLY stock going down during the buyback news, what we can do to protect our interest is to write to the IR, and let our voice be heard. we may be small investors, but that doesn't give them the right to screw us. This is USA, we can protect our interest if we united together, imagine if everybody sending IR emails, i don't think the management can ingore our voice. to be honest, i am Chinese, but I am ashame of what those Chinese companies have been done so far, they offer buyback price way lower then what they should be.
Remember, everybody, if we remains quite, they will screw us anyway they want to. Moreover, NVFY's president, Tawny once said the company stock should worth 30 dollar, we should be like small investors from Dangdang.com, let our voice be heard. quote -- " 不过在这股回归潮背后，陆续有声音指出，一些中概股公司的要约收购价格过低，实际形成了一股低价私有化风潮，对美国中概股的投资者不利，甚至可能会令整体中概股企业的声誉遭到质疑。:"
I will send my email to IR, Julie, and post it online later. Let our voice be heard is Only way to protect Your MONEY!!!!