Toro Investment Partners

[kevinh]

Does Toro actually own 7.6M ADRs or 7.6M common shares. 7.6M common shares does not put them at the 5% level while 7.6M ADRs does.

And the 13-G filed shows them owning ADRs, not common shares, which would make their entire NQ position ~$100M. See below:

http://archive.fast-edgar.com/20131112/A...-yNFG-q-1/

"American Depositary Shares each representing five Class A Ordinary Shares, par value $0.0001 per share
(Title of Class of Securities)"