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Yo, rrufff. Still in the nano's?
PFGY SEC Suspension:
http://www.sec.gov/litigation/suspensions/2014/34-72200.pdf
Order:
http://www.sec.gov/litigation/suspensions/2014/34-72200-o.pdf
Admin Proceeding:
http://www.sec.gov/litigation/admin/2014/34-72201.pdf
Apparently the Registered Agent resigned on 4/4/2013.
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=om4UTPxHfq66fmC0hCadIQ%253d%253d&CorpName=PERFECTENERGY+INTERNATIONAL+LIMITED
I am regularly checking the German website for news and their business seems to be still running. Latest news as of December 2012:
http://www.perfectenergy-gmbh.de/index.php?option=com_content&view=article&id=54&Itemid=61&lang=de
PFGY showing some interest? Fiscal cliff deal supposedly good for solar. Need info here, nothing current.
Whats the chance this company gets current with their filings? Found some news on them by googling the Germany office. They are in the pv power plants 2012 and they are now in Japan and they are financing some plants in 2012. Why do they not file and release current news in a timely manner.
Looks like we may be finally getting some action on $PFGYE. Good volume buys at the ask of .04. The last time there was decent volume on this, it was in the .40's. The chart isn't the typical penny dumping.
From the earlier filing.
Well, the moment of truth is facing PFGY. The infamous "E" has been attached to PFGY. It's now PFGYE.
The million dollar question is ..... Will they file? Hope so!!
OK, I finally ran down the SEC info. It didn't show up on a lot of the sites, including Yahoo.
It's disappointing that they didn't file by the middle of January. It's kind of weird.....they've always reported on time. And, when they were unable to file on time in December, they filed for an extension. But, it appears that nothing has come of it so far.
http://marketbrief.com/pfgy/nt10k/notice-under-rule-12b25-of-inability-to-timely-file-all-or-part-of-a-form-10-k--10-ksb--or-10kt/2011/12/5/9166883/filing
Don't disagree with you and I've been buying shares on the dips, although getting shares is tough.
To answer your question - the last filing I see is the one I quoted, December 29, 2011 filed NT 10-K.
rrufff, where did you get this info? Did they ever file?
PFGY always seemed real to me. Even if their numbers weren't great, they always filed on time.
The recent drop was pretty spectacular....it hung around .04 for quite some time. Then, it dropped to .006 quickly. There wasn't a lot of volume, though, during the drop. It seemed like an investor or two unloaded with little buying pressure as it sold off.
They still file, although the current Q is late, with note on the extension of the typical "no" to "Is it anticipated that any significant change in results of operations ....?"
I'm waiting on Q to make any further investment ! solar sould rebound in 2012 !!
PFGY -.0065.
This one was discussed and had a pretty good folloiwng on the Kitchen Board on SI a couple of years ago at as much as almost 100 x current price. Now, I'm assuming it's a total scam, Chinese interlocking, etc., but if you look at the filings, there hasn't been any significant change since the time it was priced higher. In fact, there is a tease in the filings out there about a Chinese company buying a stake in the company which, arguably would value it at 100 x current approximately.
They still file, although the current Q is late, with note on the extension of the typical "no" to "Is it anticipated that any significant change in results of operations ....?"
Share count hasn't changed. (under 30 million from last filing)
Again, probably a total scam, and/or I have it totally wrong, but I've been gambling here sub-penny. Any others following it still?
Low priced solar play !! KEEP YOUR EYES ON THIS ONE !!
There has been some news about the launch of a new PE Module: PEM-250/X-60M in May 2011 on the German website of Perfectenergy. Also they were attending the Intersolar Europe 2011 in Munich, which is the world's largest exhibition for the solar industry.
http://www.perfectenergy-gmbh.de/index.php?option=com_content&view=article&id=54&Itemid=61&lang=de
Juni 2011
Intersolar 2011
Perfectenergy war zum vierten Mal Aussteller der weltweit größten Fachmesse für Solartechnik, der Intersolar Europe 2011 in München. Perfectenergy freute sich über reges Interesse an unseren Produkten und großen Zulauf. Eine Bilderauswahl sehen Sie hier:
http://www.perfectenergy-gmbh.de/index.php?option=com_content&view=category&layout=blog&id=43&Itemid=66&lang=de
_________________________________________________________________
Mai 2011
Neueinführung des Moduls PEM-250/X-60M
Mehr Leistung bei geringerer Fläche.
I agree with you DD. PFGY has seemed much stronger the past couple of days. It won't take much to go a lot higher. I think the sellers have backed off.
The purchase of 1/3 interest in PFGY by a large semiconductor company bodes well for shareholders and the company's future.
Quarterly report mentions large semiconductor company in China buying a 1/3 interest in PFGY for over 6 million.
They wouldn't do it if the company was a fraud.
PFGY also says they need money to expand and become profitable.
This investment should do it.
Hopefully, this appointment of COO will be the start of bigger and better things for PFGY. This guy looks to have a good resume and is American educated.
---------------------------------
8-Jul-2011
Change in Directors or Principal Officers, Financial Statements a
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(c) Appointment of Chief Operating Officer
The Board of Directors appointed Hui Zheng, age 42, as the registrant's Chief Operating Officer (principal operating officer) effective July 4, 2011 for a term of 3 years.
Mr. Zheng has more than 15 years of operational and business management experience at semiconductor equipment, semiconductor manufacturing, and solar wafers, cells, and modules manufacturing facilities. Prior to his appointment with the registrant, Mr. Zheng was Director of Business Development with JA Solar in China, a position he held since September 2008. Prior to that, he was a Member of the Technical Staff at Semiconductor Manufacturing International Corporation from July 2005 to September 2008 and Product Manager at Applied Materials from May 1997 to July 2005. Mr. Zheng received his Bachelor of Science degree in Mechanical Engineering at the University of Texas at Austin and his Masters of Science degree in Mechanical Engineering at San Jose State University. He also attended the MBA Program at Santa Clara University.
In accordance with labor laws of China, the registrant's wholly owned subsidiary, Perfectenergy (Shanghai) Limited ("Perfectenergy Shanghai") entered into an Employment Contract with Mr. Zheng on July 4, 2011 (the "Employment Contract") in connection with his services as the registrant's and Perfectenergy Shanghai's Chief Operating Officer. Mr. Zheng's compensation will consist of a monthly base salary of approximately $9,275 (RMB60,000). His employment may be terminated before the term of employment ends by either party with 30 days' written notice.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Exhibit Description
10.1 Employment Contract between Perfectenergy (Shanghai)
Limited and Eric Hui Zheng, dated July 4, 2011
(English translation)
Thanks, rruff. I totally missed it. That's very important info.
Here ya go. If it works out, $PFGY is very undervalued
I must have missed that statement about buying company shares. Rrufff, would you mind doing a copy and paste and posting it here? Thanks!
Anyone look at the $PFGY filings? There is something in there about a Chinese exchange traded company agreeing to buy a lot of their shares. No real details though. Would like to see some or if anyone has info, thanks in advance.
Glad to see that as well.
I was noticing the same thing. The bid has also moved up to .045.
Getting a little volume today to the green side. Any one know if something positive coming out?
Earinings are out.
ATV, I would have liked a four cent increase also!
But, I think you probably know that Chinese sector stocks are currently taking a huge beating. Today's drop in PPS was not a PFGY issue.....it's a sector issue.
Why the sell off today? I was hoping for the 4 cent move in the other direction.
Solar companies started to move positive last week. Hopefully a good sign for PFGY
much, much higher than .09
If pfgy had the volume of khgt what would our pps be?
So true, ATV, so true. But, as you know, most of these little Chinese companies release very little news. At least, PFGY continues to report their earnings on time. So, that's good. Plus, their numbers are getting better and better. And, that's really good.
It would help if the company did a better job in releasing news to the share holders.
I don't think the company is on any ones radar at the moment. I will continue to buy on the dips and await for the crowd to catch up. It would help if the company did a better job in releasing news to the share holders.
Actually, the numbers are a huge improvement. The PPS should be moving northward because business is really picking up at the company.
I agree numbers are better.
10-K released.
Still a loss, but numbers are much improved.
http://biz.yahoo.com/e/110131/pfgy.ob10-k.html
This company gets no love, hopefully a good report and we are off
the low.
ATV, it very well could happen this week. Last year they realeased earnings the last week of January.
I sure am looking forward to the report.
Will earnings come out this week?
I'm watching the stock/board, Wolfpack. Volume is light because nobody wants to sell. PFGY will come back.
Anybody watching this board? What do you think of the slow slow volume?
Q out a couple of minutes ago. SS, assets, liabilities unchanged, revs 20.7mil on the quarter and 57mil for the 9 months.
It's great seeing PFGY come to life again. The bid is now at .14. I'm looking for a good report next week.
Someone's buying in!!! Could there be news on the way? TIA
Yeah it was. Thinking it keeps going.
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Company website: http://www.perfectenergy.com.cn/newEbiz1/EbizPortalFG/portal/html/index.html
Description:
Perfectenergy International designs, manufactures, and markets customized and standard photovoltaic ('PV') solar cells, modules and systems for the worldwide solar market. Perfectenergy currently sells its products into Europe and Asia. The Company began producing its solar products in 2005 from its sophisticated 67,000-square foot manufacturing plant in Shanghai, China.
Company Headquarters:
Perfectenergy International Ltd (PFGY.OB)
No. 479 You Dong Road,
Xinzhuang Town, Shanghai 201100
People’s Republic of China
(8621) 5488-8436
Phone: (403) 241-1925
Share Structure:
29.6M shares outstanding
13.1M float
Transfer Agent:
Holladay Stock Transfer
2939 N 67th Pl Ste C
Scottsdale, AZ 85251
Phone: (480) 481-3940
Sec Filings:
http://sec.gov/cgi-bin/browse-edgar?company=&CIK=0001345432&action=getcompany
Press:
http://finance.yahoo.com/q?s=PFGY.OB
http://www.otcbb.com/asp/quote_module.asp?qm_page=11154&symbol=PFGY
http://finance.google.com/finance?q=OTC:PFGY
http://www.perfectenergy.cn/news.html
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