Guanwei Recycling Corporation (GPRC)

[Renee]

GPRC SEC Suspension for Financials / Filings delinquencies:

https://www.sec.gov/litigation/suspensions/2016/34-78506.pdf

Order:

https://www.sec.gov/litigation/suspensions/2016/34-78506-o.pdf

Admin Proceeding:

https://www.sec.gov/litigation/admin/2016/34-78507.pdf

[surfer44]

Tier Changes

July 15, 2016: OTC Pink Limited ---> OTC Pink Current

July 7, 2016: OTC Pink No Information ---> OTC Pink Limited

http://www.otcmarkets.com/market-activity/otc-tier-changes?search=gprc&searchType=symbol

[surfer44]

Termination Of Registration Of A Class Of Security

http://ih.advfn.com/p.php?pid=nmona&article=71850382

[surfer44]

Statement Of Beneficial Ownership

http://ih.advfn.com/p.php?pid=nmona&article=71237774

[Renee]

GPRC: Guanwei Recycling referenced in an SEC Admin Proceeding against Shawn A. Becker, IRP for GPRC:

http://www.sec.gov/litigation/admin/2015/34-75891.pdf

[protagonist12]

GPRC somebody was very interested in this Chiscam today

[Renee]

GPRC delisted from Nasdaq to OTC:

http://www.otcbb.com/asp/dailylist_detail.asp?d=10/07/2014&mkt_ctg=NON-OTCBB

[willlbone]

Guano Recycling.

[apollo1452]

This is Old News, the reverse merger happened in 2009. Why do you have a 5/5/14 date on your post? The SEC is usually late to the table and the case is already closed. The conclusion was that it had nothing to do with the companies including GPRC. The traders committed the fraud, not GPRC or CALI.

"The SEC’s complaint charges Kelley, Tazbaz, Lockhart, Agriogianis, and Becker with violating the antifraud, securities registration, and securities ownership reporting provisions of the federal securities laws. Becker is charged with violating the antifraud and securities registration provisions. Kelley and Becker also are charged with violating the broker-dealer registration provisions. The SEC’s complaint seeks disgorgement of ill-gotten gains plus prejudgment interest and financial penalties as well as penny stock bars.

In the settlements, Kelley agreed to pay disgorgement of $2,828,353.53, prejudgment interest of $560,812.47, and penalty of $2,828,353.53. Lockhart agreed to pay disgorgement of $1,819,211.77, prejudgment interest of $332,268.15, and a penalty of $1 million. Lockhart also consented to a bar from participation in any penny stock offering. Agriogianis entered into a cooperation agreement with the SEC under terms that reflect his assistance in the investigation and anticipated cooperation in the pending litigation. Agriogianis agreed to a penny stock bar, and financial sanctions will be determined by the court at a later date upon the SEC’s motion. Kelley, Lockhart, and Agriogianis consented to the entry of final judgments including permanent injunctions without admitting or denying the allegations. The settlements are subject to court approval.

The SEC’s investigation was conducted by Jennifer A. Ostrom and Kurt L. Gottschall in the Denver office. The SEC’s litigation will be led by Leslie J. Hughes and Nicholas Heinke. The SEC appreciates the assistance of the Ontario Securities Commission."

[StockdungU]

SEC Charges Toronto-Based Consultant and Four Others in Reverse Merger Schemes Involving China-Based Companies


FOR IMMEDIATE RELEASE
2014-91
Washington D.C., May 5, 2014 —

The Securities and Exchange Commission today charged a Toronto-based consultant and four associates with conducting illegal reverse merger schemes to bring a pair of China-based companies into the U.S. markets so they could manipulate trading and reap millions of dollars in illicit profits.
The SEC alleges that S. Paul Kelley and three of the associates acquired controlling interests in two U.S. public shell companies in order to orchestrate reverse mergers with China Auto Logistics Inc. and Guanwei Recycling Corp.  They then hired stock promoter Shawn A. Becker of Overland Park, Kan., and others to tout the two companies’ unregistered stock to investors.  Kelley and his associates engaged in various forms of manipulative trading in order to further drive up the price and volume of China Auto and Guanwei Recycling stock, and they profited when they dumped their shares into the inflated market they created.
Kelley and two associates – Roger D. Lockhart of Holiday Island, Ark., and Robert S. Agriogianis of Florham Park, N.J. – have agreed to settle the SEC’s charges.  Kelley agreed to pay more than $6 million and will be barred from the securities industry as well as participation in any penny stock offering.  Lockhart agreed to pay more than $3 million and Agriogianis entered into a cooperation agreement.  The SEC’s litigation continues against Becker and another Kelley associate, George Tazbaz of Oakville, Ontario.
“Kelley and his associates concealed their acquisition and control of public shell companies, and they manipulated trading in two China-based companies following reverse mergers with those shells,” said Julie Lutz, director of the SEC’s Denver Regional Office.  “The SEC has exposed their scheme with persistence and the help of fellow regulators.”
According to the SEC’s complaint filed in U.S. District Court for the District of New Jersey, the schemes involving China Auto and Guanwei Recycling occurred in 2008 and 2009.  Becker, Lockhart, and Tazbaz orchestrated manipulative trading in a third China-based issuer Kandi Technologies in 2009 and 2010.
The SEC alleges that Kelley, Tazbaz, Lockhart, and Agriogianis reached secret oral agreements with management at China Auto and Guanwei Recycling in which they covered all of the costs to take the companies public in the U.S. in exchange for approximately 30 to 40 percent of the resulting stock.  Kelley and his associates then acquired controlling interests in the two U.S. public shell companies used to conduct the reverse mergers with China Auto and Guanwei.  They concealed their controlling interest in the public shell companies and the reverse merger transactions by having others create at least nine Hong Kong-based companies to hold their shares.  Despite their concealment efforts, the SEC was able to obtain documents and testimony to corroborate the suspected conduct with assistance from the Ontario Securities Commission.
The SEC’s complaint charges Kelley, Tazbaz, Lockhart, Agriogianis, and Becker with violating the antifraud, securities registration, and securities ownership reporting provisions of the federal securities laws.  Becker is charged with violating the antifraud and securities registration provisions.  Kelley and Becker also are charged with violating the broker-dealer registration provisions.  The SEC’s complaint seeks disgorgement of ill-gotten gains plus prejudgment interest and financial penalties as well as penny stock bars. 
In the settlements, Kelley agreed to pay disgorgement of $2,828,353.53, prejudgment interest of $560,812.47, and penalty of $2,828,353.53.  Lockhart agreed to pay disgorgement of $1,819,211.77, prejudgment interest of $332,268.15, and a penalty of $1 million.  Lockhart also consented to a bar from participation in any penny stock offering.  Agriogianis entered into a cooperation agreement with the SEC under terms that reflect his assistance in the investigation and anticipated cooperation in the pending litigation.  Agriogianis agreed to a penny stock bar, and financial sanctions will be determined by the court at a later date upon the SEC’s motion.  Kelley, Lockhart, and Agriogianis consented to the entry of final judgments including permanent injunctions without admitting or denying the allegations.  The settlements are subject to court approval.
The SEC’s investigation was conducted by Jennifer A. Ostrom and Kurt L. Gottschall in the Denver office.  The SEC’s litigation will be led by Leslie J. Hughes and Nicholas Heinke.  The SEC appreciates the assistance of the Ontario Securities Commission.

[christo-bal]

I just grabbed a position here. P/E is 2, and its in plastics recycling, which one would think is a growing sector. Any reason why the Market Cap is so low? Thx

[rarefind]

GPRC book value at around 5.40 a share.Look at CREg earnings today, huge.Green fence has expired in china and the sector is again poised for growth ...........

As China's Green Fence expires, recyclers wonder what's next

[thunderjh]

4 Stocks Under $10 Triggering Breakouts

Guanwei Recycling (GPRC_) engages in the manufacture and distribution of low-density polyethylene and other recycled plastics products primarily in the People's Republic of China and internationally. This stock closed up 6.7% to $3.02 in Thursday's trading session.

Thursday's Range: $2.85-$3.19

52-Week Range: $1.14-$3.60

Thursday's Volume: 346,000

Three-Month Average Volume: 58,952

From a technical perspective, GPRC spiked sharply higher here right above its 50-day moving average of $2.76 with strong upside volume. This move pushed shares of GPRC into breakout territory, since the stock took out some near-term overhead resistance at $2.86. Shares of GPRC are now quickly moving within range of triggering an even bigger breakout trade. That trade will hit if GPRC manages to take out Thursday's high of $3.19 to more resistance at $3.37 and then once it clears its 52-week high at $3.60 with strong volume.

Traders should now look for long-biased trades in GPRC as long as its trending above Thursday's low of $2.85 or above its 50-day at $2.76 and then once it sustains a move or close above those breakout levels with volume that hits near or above 58,952 shares. If that breakout gets underway soon, then GPRC will set up to re-test or possibly take out its next major overhead resistance levels at $3.90 to $4.20, or even $4.50.


http://www.thestreet.com/story/12521072/2/4-stocks-under-10-triggering-breakouts.html

[thunderjh]

Some good action today

[easymoney123]

BOOM, 4s soon. I'm not pumping, just good.

[ppallan]

Wow no Posts? Up 21% today!!

[rarefind]

GPRC i agree but actually think this has allot more upside then 3.50. I think 5.50s are very possible.With operation Green Fence ending in Chine, company's like GPRC will be direct beneficiary's.
Stocks has a eps of 1.10 and trading at a multiple of 2.5. I think the eps could be low and i believe the multiple could riase as high as 6-7 times.so that puts you at a 5.50 to 6.50 stock in 2014........

[Kylef]

Momentum run/uptrend $3.50 at least. Imo.

[tbirdman]

They already did December 5th of last year. They had to reverse split to get the pps above $1 to remain listed on the Nasdaq.

why would the need to do a r/s

[rarefind]

GPRC break above 2.04 and a possible swing to 2.40s ... break out from their will put the 3s in play

[hotelbar]

Hello. I just came across this stock its seems good. But why would the need to do a r/s. Thanks

[Penny Roger$]

~ $GPRC ~ Daily Par Sar Buy Signal ~ Criteria alert triggered during a recent trading session!

$GPRC has just triggered the "Parabolic SAR Buy Signals" scan criteria at Stockcharts.com
~ http://tinyurl.com/SAR-BUY ~







For a more in Depth study and DD profile, similar to the one contained in this link: ~ http://tinyurl.com/DDexample ~
Click the following link and type ticker or brief message asking me about the DD: ~ http://tinyurl.com/GET-THE-DD ~

What does the scan "Parabolic SAR Buy Signals" mean? Below is an image example and study link.
~ http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:parabolic_sar ~


To find other similar posts of "GPRC" utilize the links that follow.
Search MACDgyver's "Parabolic SAR Buy Signals" posts: ~ http://investorshub.advfn.com/boards/msgsearchbymember.aspx?searchID=251916&srchyr=2013&SearchStr=ParSarBuyScan ~
Search MACDgyver's posts for symbol "GPRC": ~ http://investorshub.advfn.com/boards/msgsearchbymember.aspx?searchID=251916&srchyr=2013&SearchStr=GPRC ~
Search Ihub for "GPRC" posts: ~ http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=GPRC ~


For more in depth training and information visit Chartschool on the Stockcharts page.
~ http://stockcharts.com/school/doku.php?id=chart_school ~


Also don't forget the Ihub Edu Channel.
~ http://investorshub.advfn.com/boards/education.aspx ~


c

[Durand]

Maybe GPRC is finally starting to catch on. It's seems like every other low float chinese stock has had a huge run the last month except GPRC. The last time GPRC seen volume like this was back in April when it hit 3.86.

[Durand]

GPRC is actually looking pretty strong after the reverse split. If it can get through that 26K ask at 1.80 it might finally break out. I wonder if a buyout is on the horizon??

[Russell21]

Guanwei Recycling Reports Year Over Year Gains in Sales and Net Income in 2012 Third Quarter as Gross Profit Increased 11.59%
Turning Point Achieved in Third Quarter as Sales Prices Increased at a Faster Pace Than Manufacturing Costs Which the Company Believes Are Now Stabilized; Investor Conference Call to Be Held Wednesday, November 14th at 8:00am ET


http://finance.yahoo.com/news/guanwei-recycling-reports-over-gains-121500587.html

[SPM555]

GPRC started to rally in October, stalled at the 200 MA, and now has busted above that. There's overhead resistance dating back to April and May, but it's certainly worth noting that it's starting to test 5 month highs.

http://ichartpennystocks.com/forum/amex-nyse-and-nasdaq-penny-stocks/gprc-guanwei-recycling-corp-nasdaq-cm/#p959

[lady glueck]

Guanwei Recycling Corp. (GPRC.O), NASDAQ's 25th largest building construction company by market capitalisation, declined 1.98c (or 2.8%) to close at 69.0c. In the NASDAQ market of 2,266 stocks traded today, the stock has a 6- month relative price strength of 30 which means it has underperformed 70.0% of the market. The stock fell for a second day on Friday bringing its two-day fall to 2.50c or 3.5%.

http://www.buysellsignals.net/BuySellSignals/report/Usnasdaq/Stock/PDF/Daily/Usnasdaq_onepagepdf_3063.pdf



http://www.fixyou.co.uk/tracker_details.php?s=GPRC

[Foolbull12]

I think everyone should sent the company email and demand answer to good PR and stock pps. I did like 10x already. The more they get email and demanding answer from us the better they will take action.

[Foolbull12]

Releaseeeeeeee meeeeee I can't take the dip any longer. Management give us some good news please.

[Foolbull12]

Chart never really stay positive more than 3days. I was hoping the company would do something, but now I doubt it after talking to the IR person. They r more interested in themselves than us. Which is bad for the stocks pps. I'm hoping everyday and I won't lose until I sell. Dang, I want to get out so bad.

[lady glueck]

rediculious undervalued, right.
but it doesn't look good, don't like what I see, chart is turning negative, if company doesn't act and bring out some PR and good news gprc will test lower lows which could be dangerous. sort of silly IR

[Foolbull12]

So I have more than 10,000shares at about 1.50$ if u guys got in at this price is a best deal ever. I'm holding for long term now, maybe add some more next wk if it drop. Maybe 10,000k to avg down further.

[Foolbull12]

No R/S bc they have it until jan and can apply for additional 3-6mo so no worried there. My concern is what will the management do to help the stock pps or will they make any announcement. Seem like the CEO is not too concern w/ US investor relation. Let's see Monday if this is actually the bottom, nice vol dropped today doesn't looks good.
At this pps it almost close to their cash per share which is ridiculous undervalued

[lady glueck]

sounds positive. I found out that gprc has a strong relationship to continental europe and act under german ISO certificate# for business which is a proof for highest quality standards. lets see what happens, think this is ultimate bottom down here and hope for no surprisingly R/S

[Foolbull12]

Hey, that's cool u got back in at this price. I'm too concern to add more. I talked to the IR guy he said the company have some new costumers, The IR guy want the company to release this as good new PR but not sure if the company will do it. It's seem to me they are more focus using their $$ as to invest back to growth the company instead using it to boost the stock pps by buying shares back or give dividend.
It seem like this will trade side way until we get closer to ER. The company is lacking communication w/ investors/traders. My avg is too high and I'm nervous to add more, but at least now I feel a little safer after talking to the IR.

[lady glueck]

hi. I'm back in again, ur not walking alone! to some people this is an atm stock, to be honest I made my dime as well. but still, I'm thinking GPRC is highly undervalued and could explode at any time, just need the right news at the right time...

[Foolbull12]

Actually, it does helps I thought I'm the only one holding this stock. Lol. The company and their balance sheet is legit, it's just that we don't have much new buyer coming in. Well, I finally able to reach the IR and we had a good talked about GPRC, I feel a little safer now and more confident holding this stock.

[SamDogT]

I'm a new bag holder if that helps. I couldn't figure out why the supposed "fundamentals" don't draw a higher PPS.

I figure the $13M cash at least puts a floor around .65 unless it's all crooks and cooked books. I'll find out either way.

[Foolbull12]

Hello hello hello? am I the only bag holder left? Sucks to be me w/ trapped $$. What should I do? Sell for a big lost? Call the company and no one respond

[Foolbull12]

Anybody feel like your investment $$ to this company is trapped? I'm down 50% of my investment $$ and can't take a lost this much. Stock is not moving as I thought would be after earnings. I'm guess holding on as long as I can

[Foolbull12]

I think the company will make some positive update this Q to boost the stock up. Way undervalued. I agreed a strong hold at this point I see buyers coming in w/ vol.

[lady glueck]

still...I like the chart. we´re already in a beginning uptrend. it just needs some tiny updated positive news for a boost! strong hold imo

[Foolbull12]

Let's see if we can get to .90 and hold this wk. uptrend is ahead

[Foolbull12]

I'm ready, the next legs up should be above 1$. I'm still under the water, but this seem to be heading north now. This wk shake off and rebound was not for the weak heart.
I think the company is planning something to boost up pps soon.

[lady glueck]

ready for next leg up?

[Bigdogs]

Loaded also at .70s.

No brainer this company has Massive potential and is Way Undervalued here. Look for a Buyout to happen in the future if we stay at these valuations IMO.

[Foolbull12]

What's up w/ the sell off? giving all back. The Earnings was great. This is not helping investors confident seeing sell off, guess it another shakes off b4 another run.

[figone]

Long 4,000 more GPRC @ .70.

[UpstateChris]

And while based on the numbers the shares should climb, early indications today are that the party ended too soon.

[lady glueck]

Shares of Guanwei Recycling (NASDAQ: GPRC), the China-based manufacturer and distributor of low density polyethylene, rose 38.10% Monday on 13 times average volume.

Guanwei Recycling reported Tuesday that revenues in its second quarter ended June 30, 2012 increased 18.6% to $18,694,938, including $1,773,129 from the resale of raw materials, compared with revenues of $15,757,662 in the same quarter last year. The Company also reported an increase of 3.41% in the selling prices of its manufactured recycled LDPE year over year. However, this increase was not sufficient to offset increased raw material, labor and overhead costs in the period. The resulting lower profit margins contributed to an 8.41% year over year decline in net income to $3,163,030, or $0.15 per share, compared with $3,453,360, or $0.17 per share, in the 2011 second quarter.

Guanwei Recycling closed at $0.87 on Monday.
http://www.benzinga.com/trading-ideas/long-ideas/12/08/2832856/benzingas-microcap-movers-for-monday-august-14-2012


Read more: http://www.benzinga.com/trading-ideas/long-ideas/12/08/2832856/benzingas-microcap-movers-for-monday-august-14-2012#ixzz23cEzPjZU