$treet Trader Lion's Den

[$hellKing]

CP_QQ .03x.045 Reinstated MD SOS. There is some court docs that mention 2.38 a share I believe. I think they may be suing everyone to get what was said to have been the cash in assets per financials. Need to do some Digging but the management who took this over bought a lot of shares. They could be using this as a shell for something of their own AND suing all old insiders for a large sum of money. So it probably has a few avenues.


Department ID Number: D11299823
Business Name: CHINA POWER EQUIPMENT, INC.
Principal Office: 101 SE 25TH AVE
WELLS TX 76067
Resident Agent: URS AGENTS, INC. OF MARYLAND
245 W. CHASE STREET
BALTIMORE MD 21217
State of Formation: MD
Business Type: CORPORATION
Business Code: ORDINARY BUSINESS - STOCK
Date of Formation/ Registration: 05/17/2006
Status: REVIVED
Stock Status: STOCK
Close Status: NO CLOSE
Good Standing:
THIS BUSINESS IS IN GOOD STANDING
» Order Certificate of Status


https://egov.maryland.gov/BusinessExpress/EntitySearch/BusinessInformation/D11299823


These are the guys who took over the company. There were 5% and above insiders of the company prior. And they offered to Cash out CP-QQ in a SEC 8k. They have also cashed out other NASDAQ cos in the past.

On January 3, 2014, China Power Equipment, Inc. (the “Company”) received a letter (and an attached term sheet) from QAR, LLC, a shareholder of the Company, in which QAR, LLC and its affiliates, transmitted a non-binding offer expressing an interest in acquiring all of the outstanding shares and options of the Company (exclusive of all shares not already owned by such parties and all shares with respect to which the holders have perfected appraisal rights under the Maryland General Corporation Law), at a price of $0.50 per share in cash, subject to due diligence and other conditions, in a “cash out” merger. The non-binding offer expires by its terms at 5:00 pm on January 9, 2014 (Xi’an, China local time and date). It appears that the nonbinding offer contemplates the use of the Company’s existing cash to fund the cash out consideration. The Company’s Board of Directors has convened a meeting to address the foregoing offer and unanimously determined to decline it. The submission of this Current Report on Form 8-K is not an admission as to the materiality of any information contained herein.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9702398


http://antennaproducts.com/
https://www.manta.com/c/mm3fbhc/antenna-products-corporation
https://www.google.com/finance?cid=297248
http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=4917805
https://www.linkedin.com/company-beta/1275613/?pathWildcard=1275613

This shows the merger approval of the other stock they did

http://www.4-traders.com/PHAZAR-CORP-8391/news/PHAZAR-CORP-News-Release-Stockholders-Approve-Merger-17127912/


She is the one that signed off on the CP-QQ Reinstatement.

https://www.linkedin.com/in/kathy-kindle-074a2918/

https://www.corporationwiki.com/Texas/Mineral-Wells/kathy-kindle/83721105.aspx

They started a domestic corporation of China Power in TX along with one of CP-QQ's subsidiaries. Looks like they plan on doing business there.imo

https://www.corporationwiki.com/p/2moz2r/china-power-equipment-inc



This is Robert Fitzgerald. A pretty well connected guy. He took over and is CEO of CP-QQ and is suing everyone involved with CP-QQ.


https://www.linkedin.com/in/robertfitzgerald2/?authType=name&authToken=LJw0&locale=en_US&srchid=4669217651486077107666&srchindex=2&srchtotal=19&trk=vsrp_people_res_name&trkInfo=VSRPsearchId%3A4669217651486077107666%2CVSRPtargetId%3A57547547%2CVSRPcmpt%3Aprimary%2CVSRPnm%3Afalse%2CauthType%3Aname

https://dockets.justia.com/docket/new-york/nyedce/1:2016cv02914/386444

https://www.law360.com/cases/575864b6ef84bb16fa000001

https://dockets.justia.com/docket/maryland/mddce/8:2016cv01309/349952

https://www.plainsite.org/dockets/30185e9ab/maryland-district-court/china-power-equipment-inc-et-al-v-song-et-al/

https://www.plainsite.org/dockets/3018l20rr/new-york-eastern-district-court/china-power-equipment-inc-et-al-v-song-et-al/

https://www.courtlistener.com/docket/4287721/china-power-equipment-inc-v-song/

Concord Equity is another co he runs they are in the lawsuit too.

https://www.juralindex.com/civil/concorde-equity-ii-llc-vs-china-power-equipment-inc-case-details-503fac63cde3eff0153e48bfa2fa24bd.html

https://www.juralindex.com/chanpion-power-equipment-inc.html


Concorde Equity II, LLC

Founded in 2002, Concorde Equity II, LLC has historically invested in technology oriented companies. Concorde Equity II has built companies both through organic growth and through acquisitions. Concorde II has directly operated companies with annual revenues of up to $75 million.

Given the recent economic downturn, Concorde Equity II is expanding its universe to include distressed/turn-around opportunities regardless of industry. To contact Concorde Equity II or to present us with an opportunity, please send us an e-mail.

Contact:

Robert Fitzgerald: [e-mail]

http://www.concordeequity.com/concorde-equity-ii-llc.html

This is another co he is involved with. They take over corps

http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=228824707

http://www.bloomberg.com/research/stocks/private/person.asp?personId=6414533&privcapId=282267

http://www.qarllc.com/site/about.html

http://members.calbar.ca.gov/fal/Member/Detail/181812