$NISN - Nisun - 2026
The question of whether Bodang Liu intends to tunnel the company is a legitimate concern for retail investors, especially given the history of some small-cap firms with Chinese backgrounds, but several key facts suggest a different motivation. The strongest argument against the tunneling theory is Liu’s own financial involvement; in August 2024, he made a massive purchase of shares at around 9.73 dollars per share, bringing his ownership to nearly 22 percent. With the current price hovering around 1.35 dollars, he has personally lost millions of dollars on paper, which contradicts the typical tunneling scenario where insiders dump shares before a collapse or secretly siphon off cash. What the market currently interprets as a red flag—the frequent strategic shifts from finance to agricultural systems and now to artificial intelligence—can be seen as a sign of extreme agility or even desperation rather than criminal intent, although it certainly creates a sense of instability that scares...