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(i) 29 June 2018, 54,469 Series A convertible redeemable preferred shares for USD20 million; and
(ii) November 15, 2018, 34,043 Series B convertible redeemable preferred shares for USD25 million.
Con jobs are not exclusively Chinese ...forgot about Enron, Worldcom, Lehman Brothers. AIG could have joined this gang if not for the US government bailout.