WBAI [500.com] 424B4: (Original Filing)
[Page PROSPECTUS SUMMARY 1 RISK FACTORS 14 46 USE OF PROCEEDS 47 DIVIDEND POLICY 48 CAPITALIZATION 49 DILUTION 50 EXCHANGE RATE INFORMATION 52 ENFORCEMENT OF CIVIL LIABILITIES 53 OUR HISTORY AND CORPORATE STRUCTURE 55 SELECTED CONSOLIDATED FINANCIAL AND OPERATING DATA 60 MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 64 INDUSTRY BACKGROUND 90 OUR BUSINESS 97 REGULATIONS]