China Growth Development, Inc. (CGDI)

[Renee]

CGDI SEC Suspension because of questions regarding the adequacy and accuracy of information about the company.

https://www.sec.gov/litigation/suspensions/2021/34-91170.pdf

Order:

https://www.sec.gov/litigation/suspensions/2021/34-91170-o.pdf

[Laster]

Hmmmmm.....

David.

[4alarm]

Asians never been good at driving and real estate

[kranthikumar]

CGDI is smells like a winner

[SuperC]

CGDI .002 704kvs1k_vol10dayavg +more-data: http://investorshub.advfn.com/boards/msgsearch.aspx?searchstr=cgdi

on-watch

[atco1982]

[michaelstl]

I noticed they filed with the SEC last year in November for the quarterly report ending Sept. 30th. It would be nice if they reported this year and brought stockholders up to date. The way China is growing it doesn't make much sense that this company would be negatively effected. Anyone heard anything relating to this company?

[michaelstl]

I am answering my own question. Therefor, I will hold my position in this stock until management sees it fit to report to shareholders. I feel it is worth the risk at these levels.

http://en.wikipedia.org/wiki/Pink_Sheets

[atco1982]

None. They are not required to report but most do after they have the intention of upgrading to BB status.

[michaelstl]

What are pink sheet reporting requirements?

[atco1982]

Maybe the pinks are just easier. You don't need to worry about paying all of theose accountants.

[hebercreeper]

The public float is only worth $280,000 here. If the intent was to pull a permanent disappearing act, there would likely have been a bit more dumping. That being said, I have not been in touch with anyone at the company.

[michaelstl]

Hi, its hard to believe that this company who had the shopping centers that were all producing well just all of a sudden went down the tubes! Last I heard they were looking to buy more centers. We definitely need someone from this company to tell us what is going on.

[hebercreeper]

Someone painted it on 900 shares due to the wide spread

[ewwwlala]

Anyone know why the stock jumped 110%?

[zbuckley]

contact info: [e-mail]. he responded a few times, said he would get in touch with me. then completely stopped responding.

[throwerw]

what a mess. is there any number i can call in china?

[michaelstl]

We are both in the same situation with this company. Have you heard anything? Someone dumped a big one.

[Theuntamedbull]

Inconsequential. Its because its a Yahoo Finance script and the symbol has changed to cgdi.pk and its connected to cgdi.ob.

Seriously though, this is a horrible situation. Ive held on to half my shares but this has to be my lowest confidence stock at this point.

[bradford86]

http://www.chinagrowthdevelopment.com/

lol

[bUrRpPPP!]

poof!..even the website doesnt update the quotes...vanished!

[bradford86]

anyone have contact information here?

i've been told several times by several people that contact information was going to be sent my way, or that i'd hear something.. just curious.

[bUrRpPPP!]

Well that didnt work out to good...amazing the BS some people will feed others....

[RideTheBounce]

no posts in so long... where'd ya go?

[bUrRpPPP!]

Could is the big word....legit companies would have filed by now...yes I hold a small position...but who knows if/when this may be halted.....

[michaelstl]

This company could be the buy of the century! It doesn't make sense that the company could have a bad quarter unless the accounting is all wrong. Forget whose selling what. The book value of this company was presented to be about 4 times what the stock is selling for. Either it is accounting or big competition for their centers. Shopping centers should be one of the true growth areas of China. It will be interesting when they finally release the figures. can't believe the lack of stockholder communication.

[atco1982]

From the I-Box, note that 90% of the shares are held by insiders and under the initial reverse merger they can't be sold until MaY 2010. Note, it's already May 2010. I suspect that they are in the process of selling off the whole company. Any comments?

[bUrRpPPP!]

I was watching those trades go thru...it appeared someone may have gotten wind of bad news or just had enough....g/l

[ewwwlala]

Doubled+ my position at .15 this morning...eom

[michaelstl]

Hi, thank you for the reply. In answer to your question: Yes, I am from St. Louis, MO. I am a Cardinal fan but have doubts about them going all the way. I feel that CGDI is a real value down at these prices. They definitely need better PR. I will continue bugging them about better stockholder relations.

[china coop]

I just spoke with her...she is going to inquire with Samuel, COO, again. She asked me to call back tomorrow. Leslie is just a representative for the company and cannot add much detail. I believe they released their 10Q and 10K sometime in the last week of May last year, so this obviously is not their first time with delayed filings. But I would encourage shareholders to continue to apply pressure. Maybe they will get the hint that they need a competent IR department and PR firm. Otherwise shareholders and prospective buyers are simply left wondering.

Either way, the company appears undervalued and china microcaps appear to be bottoming out since their recent highs in the 4th quarter of '09.

You from St. Louis, Michael? Are the Cards going to recapture 1st in the NL Central tonight against Cinncy?

[michaelstl]

Just called for Leslie and she was out of the office. Left message. Has anyone talked to her since the last post regarding the release of earnings?

[bUrRpPPP!]

Thanks!

[china coop]

City of Industry, CA location # Phone
: 626-581-9098. Ask for Leslie.

[bUrRpPPP!]

Thanks for the update! What number are you calling? thanks!

[china coop]

I just spoke with Leslie again...she said that she spoke with Samuel Liu, COO, and they may have the filing tomorrow or Wednesday. We shall see...

[bUrRpPPP!]

Very cool...great effort...I added today at .18...perhaps this maybe a surprise!

[bradford86]

I spoke with a large investor of CGDI who explained to me the inns and outs. I believe his name was Mark/Mike. Gary Rohland would have his contact information.

[china coop]

I was able to contact someone at the City of Industry, CA location # Phone: [phone]. I was transferred a couple of times before speaking with Leslie. She couldn't really answer my questions, but said she would inquire with someone regarding the upcoming filing and its delay. She asked me to call back next week. I cannot elaborate with regard to their email being down. The stock quotes are not being updated on their website because the ticker has not been updated. CGDI.OB is no longer a valid symbol.

Bradford, I thought you said that you spoke with someone at CGDI at one point in time? Who did you speak with?

[bUrRpPPP!]

I have tried to contact them but the phone just rings and rings and now the email addresses are no good....I see the website page stopped updating the stock quotes and charts around april 20th....not looking very good.... http://www.chinagrowthdevelopment.com/cgdi_contact.html

[bradford86]

well, pink now. good news that the otcbb is disappearing.

who knows what's happening going forward?

[oncrucz]

Back in this morn @ .235.This is the bottom.Should be seeing volume increase

[mauiguy2]

I got out of CGDI this morning. I sold 1/2 my shares at .30 and the other 1/2 at .34. I like the company prospects, but the shift to the pink sheets and the non-reporting scared me away.

But, never fear though....often my logical moves backfire and my recently sold stocks rocket northward immediately after my sell! Case in point....CGDI is now trading at .39. Ha! I did it again!

[Dough Theory]

At .30 this might be a great buy. I'm going to call IR and see if I can find out more information.

[bUrRpPPP!]

They may be in violation of the 3 strike rule as well as being delinquent...it's ok to file an NT-10 but you cant file the extension late.... some companies think since they are late already it doesnt matter....

[mauiguy2]

I can't figure this one out.....It almost appears that CGDI had an earlier drop-dead date than the other companies with an "e" attached. CGDI had a very bad day on Friday and a very good day yesterday. Go figure.

[bUrRpPPP!]

CGDI Now a pinksheet stock.....

13:15 CGDIE China Growth Development, Inc. Common Stock 4/27/2010 100 Failure To Comply With NASD 6530; Added to NBB (CGDI)**

[bUrRpPPP!]

4/20/2010 CGDI CGDIE China Growth Development, Inc. Common Stock Delinquent **

[bUrRpPPP!]

.41 close!

[bUrRpPPP!]

.34 Great close huge volume!