(It Reappeared.) SEC News Digest
Issue 2011-58
March 25, 2011
Delinquent Filers’ Stock Registrations Revoked.
An Administrative Law Judge has issued an Order Making Findings and Revoking Registration by Default (Default Order) in China 9D Construction Group, Admin. Proc. No. 3-14215. The Order Instituting Proceedings alleged that Respondent repeatedly failed to file required annual and quarterly reports while its securities were registered with the Securities and Exchange Commission. The Default Order finds the allegations to be true and revokes the registration of each class of registered securities of China 9D Construction Group pursuant to Section 12(j) of the Securities Exchange Act of 1934. (Rel. No. 34-64117; File No. 3-14215)
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CAUTIONARY NOTE:
Deleting your shares might help with a yearly tax write-off discount, but will not help you if they reinstate with SEC & Nevada possibly in the future. No one knows, but to me all those related companies are one; so possibilities endure. Listing on another foreign exchange is unknown, but also possible. I'll be holding these forever, same as Buffett advises; but things can always change, especially with the passing of time. CNAG's out of character acts are so unusual for this family of companies, that I remain hopeful, but realistic. Pessimism is a waste of time.
