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I am also loaded in here since more than a year. CHDA (Maui) is also trade in europe on the german stockmarket. As I live in Germany, I bought the shares in Frankfurt. At 5$ I might sell depending on the development of this company. I hope, they will be more transparent in future.
nennwert
Nice DD Stocrates...finally...a reason to celebrate.
Sure would. It was at $3 for a little while. AMEX requires $3.
Wouldn't you just love to see this one take off!
$250M in revs is OK with me too! :)
I'm pretty loaded on this one. All dressed up and waiting for the show to begin.
I can't imagine they brought this so far just to see gradual deterioration like many in the pinks.
I think the've cleaned out everything under $2.00 (.08) for the most part over the last 6 months.
Let's get this party started!!!!!!!!!!!!!!!!!!!!!!!!!!!!
LOL
I'm not a big hollywood fan myself. I'd much rather see their animation used for defense rather than entertainment.
But then again a $250 million blockbuster might help us out.
LOL
It seems so. Maybe when they finish the English website we'll have a better idea of what they're doing. I would like to know what kind of 'play' they are creating with Hollywood.
Sounds like it might be worth holding this one for awhile.
I found this on their Chinese website. I used Google to translate it into English. It's tough to read but worth it. The translations may be inaccurate but it appears that ......
1. They've already produced an animation about the big earthquake china had last year.
2. "the company also hired a number of well-known Hollywood director, scriptwriter, producer and three-dimensional digital super experts to serve as senior advisor and technical director". Apparently they did this so they can internationalize their animations.
3. "At present, the sea Rongshi IT companies have in the United States Hollywood, Beijing and the city to build three production companies and special effects studio".
4. "with the Hollywood company signed a long-term cooperation agreement, the first cooperative play is also about to begin production."
5. "with more than 100 professional design team, its core members to Since the United States, California".
______________________
Harbin Hong Kong News January 5, 2009 column in the Hong Kong News News published the news on the sea-Rong - Hai Rong LongJiang animation to create the internationalization of the production platform, the press introduction of the sea Rongshi major science and technology objectives, as well as recent developments in the company's technology strength and other related content, specific information is as follows:
By (this reporter) At present, the sea by Heilongjiang Science and Technology Development Company Limited Rongshi produced an animation reflecting the Wenchuan earthquake drama "seismic small heroes", using the photoelectric motion capture device, such as the production of three-dimensional scanner means will show the audience an "American movies," the animation works.
Heilongjiang Rong Hai Technology Development Co., Ltd. is the 2008 from the main electronics and information industry to the cultural industries and financial investment services industry transformation and animation in 2008 to Products Main projects in the United States for the plate OTCBB listing became first to the concept of cultural industries animation companies listed abroad. Animation production companies in order to enhance visual effects and animation to create high-quality products, but also voted heavily in the introduction of movies produced by the motion capture used in optoelectronic device, three-dimensional scanners, render farm, non-linear video editing system and a number of other world the most advanced hardware devices. At the same time, the company also hired a number of well-known Hollywood director, scriptwriter, producer and three-dimensional digital super experts to serve as senior advisor and technical director, has been initially to build an international impact on industry of digital platforms, through this cooperation platform Through this cooperation platform will enable the domestic animation industry forward to the internationalization.
At present, the sea Rongshi IT companies have in the United States Hollywood, Beijing and the city to build three production companies and special effects studio, has been the introduction of more production to overseas, as well as copyright cooperation projects, and with the Hollywood company signed a long-term cooperation agreement, the first cooperative play is also about to begin production.
http://www.hairongtech.com/xwzx.aspx
______________________
February 4, 2009, Heilongjiang Daily Newspaper Group sponsored by the Heilongjiang Daily News column depth in order to - scientific management policy to protect one-stop production and sales occur repeatedly LongJiang boutique animation industry by the time the sky, as its title, introduced the animation industry in Heilongjiang Province current status and future development planning, in the article clearly describes the location of my company (Heilongjiang Rong Hai Technology Development Company) by size of enterprise and work, explains science and technology is becoming the sea Rongshi LongJiang cartoon animation to enter the world stage, the main role.
Article reads as follows: Heilongjiang Rong Hai Technology Development Ltd. was founded in 1999, the company formed the cultural industries for the production of three-dimensional, digital film and television effects, games and other digital entertainment products for the core business of industrial structure, with more than 100 professional design team, its core members to Since the United States, California. The company also voted heavily in the introduction of optoelectronic motion capture device, three-dimensional scanners, inter-core graphics workstations, render farm, non-linear video editing systems, etc. At present a number of the world's most advanced hardware devices. As the field of digital image suppliers, its customers, mainly from the United States, Singapore's three-dimensional animation, film, television, special effects production, game production, as well as creative areas such as advertisement companies. At present, the company is the production of original animated three-dimensional "seismic little hero."
http://www.hairongtech.com/text-end.aspx?id=493
The shut down their English website to finally update it.
http://english.hairongtech.com/index.ASP
Good news.
Looks like the answer is no. What a waste..
Anyone on Here buying?
It's trading very well so far, IMO. Hopefully it'll hold and increase from here.
Yes, maybe we'll get to AMEX soon. I just saw the ask at $3 for a minute before it dropped.
Someone is dedicated to keeping the share price up. Shouldn't be too difficult given the R/S and prior periodic binge buying,as many shares have been taken off the market.
They seem to want to play a big boys game rather than piddle around in the pennies.
Nice to see a R/S not shiit the bed. Looks to me like they are continuing to buy shares here........
L2 looks like only NITE is in play.
2.20 x 2.30
then
.25 x 2000
Dunno whos buying.. the report I have shows insiders owning 45% of the O/S the float is reported at
Float (mil)........................................... 11.100
someone hit the ask for 500 shares.
scottrade showing 1.05 x 2.35
Looks like we have a bid and ask today.
News from yesterday -
China Digital Animation Development, Inc. Announces Name Change and
Reverse Stock Split
NEW YORK, Feb 9, 2009 (GlobeNewswire via COMTEX) -- China Digital Animation
Development, Inc. (OTCBB:CHDA) today announced that it has filed a certificate
of amendment to its certificate of incorporation that (1) changed the name of
the Corporation from "Maui General Store, Inc." to "China Digital Animation
Development, Inc."; (2) effected a reverse split of the Corporation's common
stock in a ratio of one-for-twenty five; (3) reduced the authorized common stock
to 100 million shares; and (4) authorized a new class of stock consisting of
five million "blank check" preferred shares.
The amendment was filed and became effective on January 30, 2009. The Company's
common stock began trading on the OTC Bulletin Board under a new symbol -- CHDA
-- at the market open on Feb 5, 2009.
CEO and Chairman Qiang Fu commented: "This name change better reflects the
business we are in -- an animation business that includes education and
production works. We are confident that our company can achieve a significant
position in its market, even now amid the current tough and volatile
macro-environment. We believe these changes to our name and capitalization are
in the best interest of our shareholders, and will help the Company move to the
higher level position."
About China Digital Animation Development, Inc.
China Digital Animation Development Company is the first China-based digital
animation development company publicly listed in the U.S. It currently operates
in three locations: Harbin and Beijing in The People's Republic of China and New
York in the U.S. Harbin is one of the largest animation development centers in
China. The Company operates an animation development skills training center, and
is engaged in animation data post-stage processing, animation outsourcing, and
information transmission services. The training center, located in Harbin,
China, providing its students with different kinds of animation skill training
programs such as Motion Graphics, Product Modeling, Character Animation, etc.
Graduating students earn an Associate Degree diploma. At the same time, the
Company will provide the job placement to its graduates throughout its own
workplace or its extensive network in the industry, such as advertising
companies, film production studios, and game production studios. The Company's
technical team has extensive experience in animation production and outsourcing.
Its customers came from Beijing, Shanghai, Shenzhen, Hollywood, etc.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: China Digital Animation Development, Inc.
By Staff
CONTACT: China Digital Animation Development, Inc. Helen Huo 001-917-388-3665
dj, the 14DEF-C has the new numbers posted. The company had raised the O/S prior to the R/S to 500 million. That puts the new O/S at 20 million. They seem dedicated to keeping the share price high however. (I hope). Good luck to us all in this new adventure.
I'm not seeing any volume. I'm not sure if it's tradable yet.
Is there any volume today?
It just means they werent aloud to do more then a 1-25 R/S
What they can do is expire/ retire stock in the O/S to get to that number.
EDIT: pinksheets shows 5.6 million O/S but the 8k shows 20 million
The Reverse Stock Split reduces the number of issued shares of the Corporation by changing the number of issued and outstanding shares of common stock from 500,000,000 to 20,000,000 at a ratio of 25 to 1; and reduces the stated capital of the corporation from $500,000 to $20,000.
If we're at 5.6M shares now, what does this statement mean? --At no time prior to June 6, 2010 will it effect a reverse stock split that will reduce the number of outstanding shares of common stock below 20 million--
Level ll is screwy right now should be straightened out tomorrow. I would like to see them put out a pr on the new company and direction. It will be interesting to see how it moves with the new share structure......
2.325 x 2.375 - no volume today.
I tried buying a few with spare change but they wouldn't let me be the first kid on the block. The order sat there for an hour as ask before I canceled it.
I am unable to see the trading range. Does anyone know the open, high today, low today, and current price?
Thanks
Go CHDA! Just thought I'd inaugurate the new name on the old board.
All these order we've seen today getting it to almost .1 today were the 4XXX orders, which make me believe that it was the company buying all the time, even up to .18.
huh.. right about .10
just as planned
looks like they're trying to get the price up again before the RS. it was slow till 10 minutes ago.
Aloha Maui, hello CHDA. Hopefully it's hello to a rising stock price too.
new symbol CHDA
13:33 2/5/2009 MAUG Maui General Store, Inc. Common Stock CHDA China Digital Animation Development, Inc. Common Stock 1-25 R/S **
http://otcbb.com/asp/dailylist_detail.asp?mkt_ctg=OTCBB&d=02/04/2009
Now at .10 a share I am hoping we can start to see this move in higher increments daily like .02-.03 but the trend is definitely upward...
I guessing this week. We should also get a 10Q in a couple weeks.
By the action we're seeing the last few days I'm betting the name change and the 25-1 R/S will go this week or Monday at the latest.
Anybody else care to guess?
some selling dropped it to .08 but they came back in the last half hour to get it back to .10, or almost.
I do not know why anybody would be selling their shares at this point it is obvious they are methodically moving this up for a specific reason. The reason could be a certain price point of which we would all just be guessing or remember the higher they can get this the easier it will be to get additional financing for a project. We do not know at this point but I for one am not fighting the trend and that is up on heavier volume............
as far as trading goes... absolutely aweful. I let some shares ago aroun .08 a couple weeks ago. Should have rebought them when it dipped back in the .04's/ .05's but didnt.
Other then the losing of money, life is great :)
I still have all my original shares except for just a few.
How ya doin buddy?
well Im holding for after the split. unless it shoots back up to .15-.18
I think a major goal here has got to be 2 fold.
First, getting the stock as high as possible so the 25-1 RS will open at a high amount and,
2) taking as many shares as possible out of the float to KEEP the share price as high as possible.
The DEF-14C did say the company would find more willing investors for a higher priced stock. I think that may be true for the public as well.
I'm holding long. The Chinese seem like the only one's able to manage things (in general,) pretty well. LOL.
We all know this is a super tough environment to raise money in but I'm getting the feeling there is some bigger bucks hidden somewhere behind us here.
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http://english.hairongtech.com/index.ASP
China Digital Animation Development Company is the first China-based digital animation development company publicly listed in the U.S. It currently operates in three locations: Harbin and Beijing in The People's Republic of China and New York in the U.S. Harbin is one of the largest animation development centers in China. The Company operates an animation development skills training center, and is engaged in animation data post-stage processing, animation outsourcing, and information transmission services. The training center, located in Harbin, China, providing its students with different kinds of animation skill training programs such as Motion Graphics, Product Modeling, Character Animation, etc. Graduating students earn an Associate Degree diploma. At the same time, the Company will provide the job placement to its graduates throughout its own workplace or its extensive network in the industry, such as advertising companies, film production studios, and game production studios. The Company's technical team has extensive experience in animation production and outsourcing. Its customers came from Beijing, Shanghai, Shenzhen, Hollywood, etc.
Link to SEC Fillings
http://sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000928835&owner=include&count=40
2/13/2009
A/S 100 million
O/S 5 million Preff /20 million common
Float est 11.1 million
[chart]http://stockcharts.com/c-sc/sc?s=CHDA&p=D&b=5&g=0&i=p37590041893&r=6715[/chart]
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