On the S3 web site it still states that S3 has a 100% equity stake in Redwood. The recent news on the pink sheets web site says this:
S3 Investment Company, Inc. (PINKSHEETS: SIVC), the majority owner of Redwood Capital, which assists private Chinese companies in accessing the U.S. capital markets through reverse mergers into U.S. public companies, today announced that chairman and chief executive officer Jim Bickel is preparing to travel to China for meetings with existing Redwood Capital clients and to support the expansion of Redwood's pipeline of prospective clients.
Majority holder pf Redwood capital???? Does this mean that they don't own 100% Who sold out.....Mr. Bickel?????