Lee brought in Kevin Landis, CIO of Firsthand Technology Funds, who said Facebook accounts for 5% of its portfolio. He said he hopes to increase his position. Landis said investors need to go beyond the number crunching from Facebook's filing and look at what it is becoming. He said Facebook has more members than any other site, visitors linger longer and Facebook knows more about them. CNBC tech reporter Jon Fortt noted that Zuckerberg will maintain voting control of the company, with that control passing upon his death to a designated successor. On the revenue side, Fortt said Facebook saw both an increase in the number of ads and pricing for ads. He also noted Facebook's lease obligations were considerable. Tausche said Facebook said in its filing that it will continue to evaluate whether to enter China. He said Facebook hasn't come up with a mutually agreeable approach to the legal and regulatory complexities operate in that huge market. According to Tausche, mobile products and increase mobile usage are key company priorities. She also said Facebook doesn't forsee paying a dividend in foreseeable future. Tausche noted the fair value of common class B stock was $29.73 . She said there's a provision in the filing that allows Zuckerberg to buy 120 million shares at 6 cents a share and his father to get 2 million shares. One person who recently sold off Facebook shares was Michael Roth, chairman and CEO of Interpublic Group. He said his firm invested $5 million in Facebook in 2006 and sold half of the stake in August for $133 millon. Roth said they had invested in the company as a strategic opportunity to learn more about Facebook for its clients. Boorstin said in addition to the ad revenue, Facebook sees additional opportunities in the payments business, an area in which it saw revenues increase five times between 2010 and 2011 in the virtual gaming area. She said Facebook is considering expanding the payments business into other areas such shared retail shopping experiences. Lee noted the SEC's Website had crashed because of the large numbers of people wanting to read the filing. Pot, ashland, gpn, huntsman.