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I would like to buy your STVVY shares. If interested, email buystvvy AT gmail.com.
STVVY ADR program terminated. FINRA deleted symbol.
https://otce.finra.org/otce/dailyList?viewType=Deletions
Moving money or selling to someone in the Cayman Islands seems to be shady.
Can you elaborate please? Thanks
I like the volume but this whole deal sounds shady.
Check out today's 13D. Some more volume today also.
Would love to see this move to at least .55 based on polar lights purchase price!
Check out 13D/A filings.
Pretty cheap stock for a company that gives back to shareholders. Always large dividends and they are determined to make a huge comeback.
News Release:
News Release Issued: Aug 1, 2017 (6:00am EDT)
To view this release online and get more information about DEFAULT: IR Room visit: http://chinadtv.investorroom.com/index.php?s=43&item=208
China Digital TV to Announce Second Quarter 2017 Financial Results on August 10, 2017
BEIJING, Aug. 1, 2017 /PRNewswire/ -- China Digital TV Holding Co., Ltd. (OTC: STVVY) ("China Digital TV" or the "Company"), a leading provider of cloud platforms, with gaming and other applications embedded, to PRC digital television and telecommunication network operators, today announced that it will report its unaudited financial results for the second quarter of 2017 after market close on Thursday, August 10, 2017. China Digital TV's management will host an earnings conference call at 8:00 p.m. on Thursday, August 10, 2017, U.S. Eastern Time (8:00 a.m. on Friday, August 11, 2017, Beijing/Hong Kong Time).
Conference Call Dial-in Information:
United States Toll Free:
+1-888-346-8982
International:
+1-412-902-4272
Hong Kong Toll Free:
800-905945
China Toll Free:
4001-201203
Conference Name:
China Digital TV Holding Co. Ltd. call.
A replay of the call will be available for one week between 9:00 p.m. on August 10, 2017 and August 17, 2017, U.S. Eastern Time.
Replay Dial-in Information:
United States:
+1-877-344-7529
International:
+1-412-317-0088
Replay Access Code:
10111189
Additionally, a live and archived webcast of this call will be available on the Investor Relations section of China Digital TV's corporate website at http://ir.chinadtv.cn.
About China Digital TV
Founded in 2004, China Digital TV is a leading provider of cloud platforms, with gaming and other applications embedded, to PRC digital television and telecommunication network operators, enabling them to bring these applications to household television sets and other mobile devices.
For more information please visit the Investor Relations section of China Digital TV's website at http://ir.chinadtv.cn.
For investor and media inquiries, please contact:
China Digital TV Holding Co., Ltd.
Investor Relations
Tel: +86-10-6297-1199 x 9780
Email: ir@chinadtv.cn
ICR, Inc.
Xueli Song
Tel: +1 (646) 328-1950
Email: stv@icrinc.com
SOURCE China Digital TV Holding Co., Ltd.
China Digital TV Receives Continued Listing Standard Notice from NYSE
BEIJING, July 20, 2017 /PR Newswire/ -- China Digital TV Holding Co., Ltd. (OTC: STVVY) ("China Digital TV" or the "Company"), a leading provider of cloud platforms, with gaming and other applications embedded, to PRC digital television and telecommunication network operators, today announced that it received notification on July 10, 2017, from New York Stock Exchange ("NYSE"), that the average trading price of China Digital TV's common stock had fallen below the NYSE's continued listing standard.
The NYSE requires the average closing price of a security to be no less than US$1.00 per share over a consecutive 30-trading-day period. As of July 6, 2017, the 30-trading-day average closing price per share of the Company's common stock was US$0.97. In accordance with the NYSE's rules, the Company has a period of six months following receipt of the NYSE notice to bring its 30-trading-day average share price back to a minimum of US$1.00.
The Company will respond to the NYSE to confirm its intent to regain compliance with the NYSE continued-listing standard identified in its notice within the required period. The Company will actively monitor its stock price and evaluate all available options to resolve the deficiency. The Company previously announced on July, 5 that it has appealed the NYSE Staff's commencement of delisting proceedings, which focus on the Company's compliance with other listing standards. The Company remains subject to all NYSE listing standards while that appeal is pending and it will be heard in October.
The NYSE notification does not affect the Company's business operations or its SEC reporting requirements. The Company's stock has been trading on the OTC market under the ticker symbol "STVVY" since the NYSE suspended trading in May 2017.
About China Digital TV
Founded in 2004, China Digital TV is a leading provider of cloud platforms, with gaming and other applications embedded, to PRC digital television and telecommunication network operators, enabling them to bring these applications to household television sets and other mobile devices.
For more information please visit the Investor Relations section of China Digital TV's website at http://ir.chinadtv.cn.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Such forward-looking statements are made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "may," "should" "committed to" "intent" and similar expressions. Such forward-looking statements include, without limitation, statements regarding the Company's intent to regain compliance with NYSE listing standards. China Digital TV may also make forward-looking statements in its periodic reports filed with the Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about China Digital TV's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from projections contained or implied in any forward-looking statement, including but not limited to the following: competition in the cloud computing, cable television and related industries in the PRC and the impact of such competition on prices, our ability to implement our business strategies, changes in technology, the progress of the television digitalization in the PRC, the structure of the cable television industry or television viewer preferences, changes in PRC laws, regulations or policies with respect to the cloud computing, cable television and related industries, including the extent of non-PRC companies' participation in such industries, and changes in political, economic, legal and social conditions in the PRC, including the government's policies with respect to economic growth, foreign exchange and foreign investment.
Further information regarding these and other risks and uncertainties is included in our annual report on Form 20-F and other documents filed with the Securities and Exchange Commission. China Digital TV does not assume any obligation to update any forward-looking statements, which apply only as of the date of this press release.
For investor and media inquiries, please contact:
China Digital TV Holding Co., Ltd.
Investor Relations
Tel: +86-10-6297-1199 x 9780
Email: ir@chinadtv.cn
ICR, Inc.
Xueli Song
Tel: +1 (646) 328-1950
Email: stv@icrinc.com
SOURCE China Digital TV Holding Co., Ltd.
A Form 6-K regarding China Digital TV Holding Co. Ltd has been filed with the United States Securities and Exchange Commission.
To View the filing please click here
Read below, still in business:
News Release Issued: Jul 5, 2017 (7:00am EDT)
To view this release online and get more information about DEFAULT: IR Room visit: http://chinadtv.investorroom.com/index.php?s=43&item=206
China Digital TV Appeals NYSE Delisting Decision
BEIJING, July 5, 2017 /PRNewswire/ -- China Digital TV Holding Co., Ltd. (OTC: STVVY) ("China Digital TV" or the "Company"), a leading provider of cloud platforms, with gaming and other applications embedded, to PRC digital television and telecommunication network operators, today announced that it has appealed the decision by the New York Stock Exchange ("NYSE") to commence proceedings to delist the Company's American Depositary Shares ("ADS" or "shares") from the NYSE.
As referred to in a press release dated May 18, 2017, according to NYSE procedures, the Company has a right to have a committee of the Board of Directors of the NYSE review the NYSE Regulation Staff's delisting determination. China Digital TV has exercised this right and is appealing the Staff's decision. The Company will submit its review petition on July 19, 2017, and the NYSE is currently scheduled to hold an appeal hearing in October, 2017. As is always the case, the Company cannot provide any assurance that the appeal will be successful.
Due to the pending appeal hearing, the NYSE will not make submissions of Form 25 concerning the delisting proceeding to the US Securities and Exchange Commission until such time as the NYSE appeal process is concluded and a determination has been rendered. The Company will update the market when the appeal process and decision are finalized.
The Company's stock is currently trading on the OTC market under the ticker symbol "STVVY". As previously announced, during the appeal period the Company intends to continue to communicate developments to its shareholders through normal channels and to make with filings with the SEC in the normal course. The Company emphasizes that current shareholder ownership rights remain in place, and all shareholders retain rights of ownership in China Digital TV. Most importantly, the Company plans to continue to work to improve and expand its ongoing operations and remains fully focused on, and committed to, that goal.
About China Digital TV
Founded in 2004, China Digital TV is a leading provider of cloud platforms, with gaming and other applications embedded, to PRC digital television and telecommunication network operators, enabling them to bring these applications to household television sets and other mobile devices.
For more information please visit the Investor Relations section of China Digital TV's website at http://ir.chinadtv.cn.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Such forward-looking statements are made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "may," "should" "committed to" and similar expressions. Such forward-looking statements include, without limitation, statements regarding the outlook and comments by management in this announcement about trends in the cloud computing, cable television and related industries in the PRC and China Digital TV's strategic and operational plans, including planson improving and expanding operations, and future market positions. China Digital TV may also make forward-looking statements in its periodic reports filed with the Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about China Digital TV's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from projections contained or implied in any forward-looking statement, including but not limited to the following: competition in the cloud computing, cable television and related industries in the PRC and the impact of such competition on prices, our ability to implement our business strategies, changes in technology, the progress of the television digitalization in the PRC, the structure of the cable television industry or television viewer preferences, changes in PRC laws, regulations or policies with respect to the cloud computing, cable television and related industries, including the extent of non-PRC companies' participation in such industries, and changes in political, economic, legal and social conditions in the PRC, including the government's policies with respect to economic growth, foreign exchange and foreign investment.
Further information regarding these and other risks and uncertainties is included in our annual report on Form 20-F and other documents filed with the Securities and Exchange Commission. China Digital TV does not assume any obligation to update any forward-looking statements, which apply only as of the date of this press release.
For investor and media inquiries, please contact:
China Digital TV Holding Co., Ltd.
Investor Relations
Tel: +86-10-6297-1199 x 9780
Email: ir@chinadtv.cn
ICR, Inc.
Xueli Song
Tel: +1 (646) 328-1950
Email: stv@icrinc.com
SOURCE China Digital TV Holding Co., Ltd.
My thoughts are on a stock you can sell anytime after the record date.
http://www.dividend.com/dividend-education/everything-investors-need-to-know-about-ex-dividend-dates
"Another important note to consider: as long as you purchase a stock prior to the ex-dividend date, you can then sell the stock any time on or after the ex-dividend date and still receive the dividend. A common misconception is that investors need to hold the stock through the record date or pay date."
But NOT WITH OTC which I didn't catch. DUE BILLs BS.
This has nothing but upside. Company has always indicated they are looking for opportunities and have always been fair and honest with investors. What more can you ask for?
I received my dividend because I did not sell yet. I was doing my research, and I read about the dividend dates and I also came across a statement about selling too soon. If you get in before the record date, you need to hold for at least 30 days in order to avoid paying higher taxes and to avoid getting screwed by regulations. I am sure glad I did my research. I am still holding on cautiously to see where this train is headed. I just did not want to be a victim of formalities. I figured I would be fine if I did not short this stock.
Just found out why I did not get the dividend.
Little known fact to me, sell OTC with a stock dividend after the record date and you don't get dividend. You sell it with the dividend included even if it is what the current market price of the stock is.
Due Bills Procedure.
BS I say. I guess nobody got the dividend from my shares and I got a $100 lesson as I still took a loss on the sell expecting to have the dividend to cover it and more.
I can't say who I feel screwed by: the NYSE for being in such a hurry to shut them down. The OTC for their stupid procedures. Fidelity for letting me sell it without warning.
OH Well I vented, Next and good luck. I don't see how this is worth 30 cents except maybe they had a lot of people like me, too much is a hurry to make a few dollars and not wanting to lose a lot on the sale.
I think so. I'd like to see this over a dollar again quickly.
Thanks. I guess Fidelity is being slow then.
Somebody trying to buy up the public company cheap?
I use TD Ameritrade
Strange!! Mine was in my account on Friday 6/16/17 as I expected.
Still waiting on my dividend, is it definitely on a slow boat from China.
If you had bought Friday you could have doubled your $$ already.
The way I understand it this was for the sale of Beijing TV only. They still own the cloud services and cable card sales.
The current buyers will get Zero while the old shareholders got their dividends. Its revenues down 56% to $0.7 million and the company can't survive now. This is the reason that it distribute all its money and will shut down.
STVVY, the company distributed all its cash and will stop its operations soon! Nothing is left and the company will be closed!
So, the stock will be Cancelled!
LOL funniest thing ever
After it paid all its cash as dividends, it has Nothing left. The company will be shut down! So the stock will be Deleted!
STVVY, pathetic revenues: First Quarter 2017 Results[1]
China Digital TV's net revenues decreased by 56.3% to US$0.7 million from US$1.5 million in the prior year period. The decline in net revenues was primarily due to the decreased revenues from system development and system integration, which was partially offset by an increase in revenues from cloud platform operations in the first quarter of 2017.
Because they distributed all their cash to the shareholders and no cash left.
What will they make income from now?
Why will they be cancelled? Still a going viable company.
Oh, paid $1.5 dividends/share. It means it's worth of Zero now. Shares will be Cancelled.
I am assuming tomorrow since they changed the ex-dividend date and I didn't notice the payment date had not changed. My past dividend payments for STV have been on the ex-dividend date. I guess because of the time delay.
I see the change in Ex-dividend date but I did not see a change in Pay Date.
I called Fidelity, by broker which showed Pay Date of 6/15 and he says that they have not sent it to them yet to be paid. He also said that it could take another day or so for some foreign countries to fulfill the payments.
So I guess we hang out for a while.
No, according to an update on 6/7/17 the payment date will be on or about 6/16/17.
Reason given: OTC Market uses the due-bills procedure for company's special cash dividend.
Go to www.prnewswire.com and do a search for STVVYand it will pop up under news releases.
Did you get your Dividend today?
Hmmm.... Didn't notice until just now, there are a few substantial $$$ purchases.
Sure does but not complaining. Probably time to get out after the dividend is safely in my account.
For people that owned as of Ex-dividend date 5/31/17, so makes you wonder what is pushing this up.
More news or just wishful thinking.
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