Tong Hu is willing to sell 30% of the shares to foreign alumni from the Swiss Federal Institute of Technology Zurich, which indicates that his funding chain has encountered problems, requiring capital infusion to resolve the former students' refund issues.
Third, Wanyou Education and Laurie Murphy's M&B Investment Company have jointly set up a financial investment company, with Wanyou Education holding 70% of the shares and M&B Company holding 30%.
This financial investment company does not invest in any other companies or projects, but simply loans the tuition fees collected by Wanyou Education Group to M&B Investment Company, with an agreed annual interest rate of 10%.
At first glance, it seems like there is no issue; it's just an investment with a 10% annual interest rate.
But once M&B Investment Company runs away with the money, Wanyou Education Group will face trouble.
What can Wanyou Education Group do to a company registered in the United States that runs with the money?
