A recent RMB 800 million payment, so far as we know only reported in China, is a substantial milestone event for AMCN and we believe the probability that AMCN will complete its go-private deal has substantially increased. We are optimistic […]
Cautious investing is the latest theme surrounding recent AirMedia (AMCN) news. Yesterday, Richard Pearson of Mox Reports issued a report questioning a recent “sham” transaction that sent AMCN shares soaring in the last week. This morning AMCN issued a response […]
AirMedia Group Inc.’s (AMCN) stock performance over the last few days is not without reason. News out of China pointed to AMCN receiving an investment from a China A share listed company that ostensibly valued the company at over $8 […]