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CBDEF SEC registration revoked:
https://www.sec.gov/litigation/opinions/2022/34-95547.pdf
CBDEF SEC Admin. Proceeding for severely delinquent Financials:
https://www.sec.gov/litigation/admin/2022/34-94113.pdf
$100 is way off but multi dollars here possible.
$100, sure has a long way to go!
Seriously ! Wow but More importantly let’s see what happens tomorrow. Could easily pull a seci type move ..L2 is crazy thin.
CBEF: effective Dec. 17,2015 a one for 80 reverse split:
http://otce.finra.org/DLSymbolNameChanges
CBDE changed to CBDEF:
http://otce.finra.org/DLSymbolNameChanges
PWC issued going concern opinion on last audit - doubtful of survival in 12 months
Cbd Energy Limited - (CBDE)
2.52 ? 0.16 (6.78%)
Volume: 62,112 @ 12:04:54 PM ET
Bid Ask Day's Range
2.47 2.65 2.45 - 2.7
About CBD Energy Limited (NASDAQ: CBDE)
Established in 1989, CBD Energy Limited is a diversified renewable energy company and a global leader in solar installations. Powered by a management team with deep experience in the energy sector and strong engineering capabilities, CBDE is focused on the integration of residential solar, commercial and industrial solar, small utility scale solar and wind projects, in three principal markets - Australia, the United Kingdom and the United States. CBDE markets its residential and commercial solar installations under the name Westinghouse Solar, using the WESTINGHOUSE® trademark pursuant to an exclusive, long-term worldwide license.
Headquartered in Sydney, with principal regional offices in London and New York, CBDE has completed projects across four continents in Australia, Fiji, Germany, Italy, New Zealand, Thailand, the United Kingdom and the United States, CBDE has installed more than 17,000 residential systems and developed large renewable energy projects such as the 107MW wind farm in Taralga, NSW. For further information on CBD Energy Limited and Westinghouse Solar, please visit:
www.cbdenergy.com
www.westinghousesolar.com
www.westinghousesolar.com.au
www.westinghousesolar.co.uk
SYDNEY, Oct. 1, 2014 /PRNewswire/ -- CBD Energy Limited (NASDAQ: CBDE), a diversified clean energy company and leading global provider of solar systems, announced today that it has appointed several individuals to its executive management team and Board of Directors.
Mr. Jeffrey Tischler has been appointed as the Company's Chief Financial Officer. Mr. Tischler will be based in CBDE's New York office and holds a MBA in Finance and Accounting (double major) from the William E. Simon School of Business at the University of Rochester and a BA in Economics from the University of Rochester. He is a Certified Public Accountant, New York State.
After starting his career with KPMG, Jeff joined Reliance Group Holdings, where he became Vice President-Financial Planning & Analysis. He then became Chief Financial Officer of Commonwealth Land Title, and after having effected a merger with Lawyers Title, became CFO of the combined LandAmerica Financial Group, a NYSE company. Most recently, Jeff was a Principal with Prospect Capital, an asset management company with over $7 billion in assets under management.
Jeff is well versed in meeting the challenges of raising and carefully managing capital, handling all aspects of mergers and acquisitions, spearheading strategic planning initiatives, and effectively communicating with shareholders and other stakeholders.
Mr. Richard Pillinger has been appointed as the Company's Senior Vice President, Australia, Asia & the United Kingdom. Richard's operational role is to develop, communicate and implement the short, medium and long term growth strategy for CBDE's business units in these regions. Richard has acted as the CFO of CBDE for the past 3 years and is a Chartered Accountant with a degree in Production and Operations Management.
Mr. Kevin Pollack, Esq., has joined CBD's Board of Directors as an Independent Non-Executive Director. Contemporaneous with his appointment to CBD's Board, Kevin has been appointed to the Company's Audit and Compensation Committees.
Kevin has been an investment banker and securities attorney at Banc of America Securities and Sidley Austin (formerly Brown & Wood), respectively, and has previous asset management experience at Paragon Capital. Kevin is a graduate of the Wharton School of the University of Pennsylvania and holds J.D. and MBA degrees from Vanderbilt University, where he graduated with Beta Gamma Sigma honors. Currently, Kevin sits on the Board of Directors of several public companies and also is the President of Short Hills Capital LLC.
Mr. Gerry McGowan, CBD's Executive Chairman and Managing Director, stated, "We are very pleased to announce these executive management and board additions. These accomplished individuals should ensure that CBD continues to execute on our growth objectives and continued market expansion. Jeff has demonstrated an ability to bring companies to their next stages of development, driving profitable growth while maximizing shareholder value."
"Throughout his tenure with CBD, Richard has developed a thorough knowledge of the renewable energy markets in these territories and has been actively involved in establishing CBD's global operating structures. Kevin has a strong track record of guiding rapidly growing businesses toward reaching their full potential. We expect Kevin's legal and investment background and capital markets experience to play a key role in ensuring that we continue to enhance shareholder value," concluded Mr. McGowan."
From the last 20F filing-
"We are filing this registration statement on Form 20-F in connection with our intention to have our ordinary shares begin trading on the OTCBB and the filing of an application for the eventual listing of our ordinary shares on the NASDAQ Capital Market under the symbol “CBDE"
C. Markets
Our ordinary shares are listed and traded on the Australian Securities Exchange Ltd., or ASX. We have applied to NASDAQ to have our ordinary shares traded on the NASDAQ Capital Market, but it is unlikely that our application will be approved prior to the effective date of this Registration Statement. NASDAQ is continuing to review our application and qualifications and has advised us that at least the following conditions must be met in order to meet the applicable NASDAQ listing requirements, only some of which are within our control:
- effecting the share consolidation (reverse stock split) that was approved by our shareholders at our annual general meeting of shareholders on November 26, 2013 at a ratio that results in the trading price of our shares exceeding US$4.00;
- achieving a market capitalization of our ordinary shares of at least US$15 million (as calculated in accordance with the applicable NASDAQ Marketplace Rules);
- achieving a value of our stockholders’ equity of at least US$5 million;
- appointment of at least one additional independent director; and
- agreement of at least three NASDAQ-qualified broker-dealers to serve as market makers for our ordinary shares.
They began trading on NASDAQ exchange June 13th
"CBD Energy Limited (NASDAQ:CBDE) today announced the pricing of its public offering of 1,810,000 ordinary shares, at an offering price of $4.00 per share. CBD has granted the underwriters a 45-day option to purchase up to 271,500 additional ordinary shares to cover over-allotments, if any. The ordinary shares of CBD will begin trading on The NASDAQ Capital Market under the symbol "CBDE" on June 13, 2014."
http://www.nasdaq.com/press-release/cbd-energy-limited-announces-pricing-of-public-offering-of-ordinary-shares-20140613-00248
Whys it look like this is a new company? The charts look weird up until june
WHATS UP WITH THE SPIKE?
Yea I just found this puppy...looks like a lot of others did too looking at the volume spike
This is a pretty sound company might get a gap up Monday watch out! :)
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CBD Energy installs, operates and selectively owns solar and wind power assets for the generation of electricity that is cleaner and more socially responsible than traditional energy supplies. We provide energy efficiency solutions to provide customers with their needs while consuming and spending less.
SOLAR
WIND
HVAC
Through our public exchange listing we provide opportunities for investors to participate in our endeavors in providing renewable energy and energy efficiency solutions to consumers.
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