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CGLO revoked:
https://www.sec.gov/litigation/admin/2016/34-78688.pdf
CGLO SEC Suspension for Financials / Filings delinquencies:
https://www.sec.gov/litigation/suspensions/2016/34-77867.pdf
Order:
https://www.sec.gov/litigation/suspensions/2016/34-77867-o.pdf
Admin Proceeding:
https://www.sec.gov/litigation/admin/2016/34-77866.pdf
CGLO is severely delinquent in filing their Financials and corporate filing obligations to the SEC. On Feb. 20, 2015 the SEC suspended 7 stocks from the Delinquent SEC Filers list, and it is likely that more delinquent Filers will be suspended.
Since Jan 1st, 2010 the SEC has suspended over 1290 stocks for Financials delinquencies. All of those Suspended stocks had their stock registrations revoked.
Shareholders should contact the company and pressure the Mgmt to file their delinquent Financials because ALL shareholders would be wiped out IF the SEC suspends the stock.
CGLO is on the list of delinquent filers:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110680509
CGLO quick DD facts! MUST READ! Their chinese webpage is alive! and lots of activity going on !!
49,785,700 Shares of Common Stock as of June 30, 2013 and as of August 17, 2013.
Total assets $49,189,620
Total liabilities 22,041,752
NET ASSET $27M
Annual revenue: ~$60M
NO OUTSTANDING CONVERTIBLE NOTES
link for last Q: aug 2013;
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9468142
Company news:
http://www.bwi.net.cn/news_list/&newsCategoryId=14.html
management team
http://www.bwi.net.cn/aboutus/&FrontColumns_navigation01-1366245508419FirstColumnId=43&&columnsId=44&FrontColumns_navigation01-1350453628284FirstColumnId=43&FrontColumns_navigation01-1350453628284SecondColumnId=44.html
CGLO weibo page
http://www.weibo.com/p/1006062090548974/home?from=page_100606&mod=TAB#place
CEO resume
http://baike.baidu.com/subview/785713/8494016.htm
CGLO seems huge undervalued and undiscovered gem here
Quick facts from CGLO last Q: $49M asset; $22M liability
Assets
Current assets:
Cash and cash equivalents $ 1,670,652 $ 5,581,867
Accounts receivable, net of allowance for doubtful accounts of $1,015,930
and $995,235 at June 30, 2013 and December 31, 2012, respectively 14,211,362 13,332,861
Advance payments, net 19,636,330 19,486,219
Loans receivable, net 1,071,196 1,144,595
Due from related parties 1,019,760 1,782,738
Bank loan security deposit 544,320 533,232
Other current assets 1,658,964 761,047
Total current assets 39,812,584 42,622,559
Property and equipment, net 2,897,036 2,928,299
Intangible assets, net 6,480,000 -
Advance payment for long-term investment - 2,587,984
Total assets $49,189,620 $48,138,842
Liabilities
Current liabilities:
Accounts payable and accrued expenses $ 1,086,131 $ 2,114,957
Short-term bank loans 5,670,000 5,078,400
Due to related party 1,688,752 -
Advances from customers 1,354,475 4,813,291
Income taxes payable 8,297,069 7,734,001
Other taxes payable 2,996,730 2,984,311
Due to shareholders 198,866 198,889
Other current liabilities 218,821 419,738
Total current liabilities 21,510,844 23,343,587
Warrants liability 530,908 525,921
Total liabilities 22,041,752 23,869,508
CGLO company is well alive. check out their company webpage in chinese.
"For three years the company's operations, operating income increased year by year. 2010 turnover of 126 million yuan; 2011 turnover of 233 million yuan; 2012 turnover of 376 million yuan."
www.bwi.net.cn/news_list/&newsCategoryId=14.html
Just came across CGLO's chinese webpage. amazing!! ALL INFO are uptodate! company is alive !!!!!!!!!
got everything from google translate
http://www.bwi.net.cn/aboutus/&columnsId=39&FrontColumns_navigation01-1366170454248FirstColumnId=39.html
Hunan latitude International Media Consulting Co., Ltd. (hereinafter referred to as the "Company" or "latitude International Media") was established in September 3, 2010, the Department of the Hong Kong Phoenix International (China) Co., Ltd., established in Hunan, Hong Kong-owned cultural enterprises, registered capital of $ 3,000,000, settled in Changsha County, on August 5, 2011 in the U.S. OTC stocks APO landing approach, China and South Africa became the first private cultural enterprises (ticker symbol: CGLO.OB) in the U.S. market. 2012 to obtain an advertising Qualification China, Hunan thirty strong corporate culture. Hunan Provincial Party Committee Propaganda Department, the provincial Trade and Industry Bureau of the column given cultural backbone enterprises in key enterprises. Was identified as the Changsha municipal government of Changsha City, the first cultural industry demonstration base, Changsha, culture and technology integration business model. Chairman (legal representative) Yang Guolin Eleventh CPPCC Hunan Provincial Committee, vice president of Chamber of Commerce of Hunan Province, Hunan Province, president of Federation of Young Entrepreneurs Association, the Twelfth Ten Outstanding economic figures Hunan, Hunan ten Large excellent marketing figures, Hunan Ten innovative advertising industry figures, president of Hunan MICE Tourism Association, president of the Association of MICE tourism Changsha, Changsha cultural industry leader.
Let's see if something becomes of it!
unbelievable... dont get it
Filings q is out and huge huge huge rev earnings all record breaking. Stock is now 08, This is criminal
Sorry WKTB. I also just corrected my post. :)
hey i tried searching WKBR on ihub and got no results, was that a typo?
OFF TOPIC for same sector.
Here is another china stock that is now at an all time low with the best fundamentals and earnings in its history.WKBT
That one also screamed higher last Q only to get whipped back down.Let me know what you think and if you like please reply to a post I have on that thread.
Thanks
exactly it sounds like a good position for a Roth 401k
Peps have been bid sitting between .10 to .12 hoping to get fills. If it should run again on the Q report it will only be brief but last time it hit .50 and of course that can happen again. I doubt this will be any long term play.
very interesting it's stayed at double digits...something must be happening I'm still clueless of how that happened. I'm looking forward to 8/15
Looks like that one day move to .25 was a dead cat bounce however it could explode again when 2nd Q earnings are announced which should be before 8/15.
Yes and also their 2nd Q is over so maybe an early 10q but then again that is early so I agree with you on possible contracts.
Second Quarter ends 06/30/2012: The anticipated report date for CGLO is not available. Gains in the previous quarter were $0.04.
did anyone see these results? Maybe this could be the boost... I can't find it anywhere.
craziness something must be happening that we don't know about because there is 0 chatter on here. Maybe the breakthrough contracts are real.
Up 212% now @ .25 she was 06 last week.
187% lol didnt die yet...
Up 87% so far today. Must be dead "dog" bounce! :)
This thing makes me laugh. They shut down the yahoo board. Seems to be a bottomless pit. Tit runnin dry.
This things goin nowhere. Bid slap happy MM. Hope they have fun playing with themselves.
Thanks for the wake up call! Was 20 before the Earnings report now .40 so a quick double!
CGLO up 28% and climbing
Reported a Net Income of $7.8 Million and an Earnings Per Share of $0.20 for Fiscal Year 2011
CGLO GOING back to $1 with this super strong news and profit
CGLO getting ready to move back to a $1
Hi BlueBliss. Just FYI I am out of this last week with nice profits and moved the proceeds to another China Stock with a much lower share price.
Please keep in touch and best of luck to you!
Subs
Hi subslover,
Thanks so much for the member mark :) Much appreciated.
Also, thank you for the update on what you have done with CGLO. I'm considering a purchase order soon, but will be wary of more dumps on the way.
Hi Jeff,
I discharged the last publication I had received into the round file but it looks like your assumptions are not 'bad' at all. The spelling out of the numbers is clever for the Evelyn Wood types, but I am sure it's not intentional :)
Like yourself, still curious how I got on this mailer in the first place, although I didn't receive a follow up.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71122180
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