Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Very interesting Filing hit today the NVSOS:
Action Type: Reinstatement
File Date: 7/29/2014
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=D9aPrkvviIFy5HXx804c6A%253d%253d&CorpName=CHINA+KANGTAI+CACTUS+BIO-TECH+INC.
Rockhard, China Kangtai had not filed any Financials since September 2011, nearly 3 years. It is imperative for ALL shareholders of any OTC stock to first research if the company is an SEC Filer that is delinquent in filing Financials. No other due diligence is as important as that one single issue. It is reasonable to think that China Kangtai fleeced investors and thereafter had no intention of meeting ANY of their filing obligations. Pursuing a lawsuit against the company would cost an enormous amount of money with an infinitesimally low chance of recovery....they would just hide the money or go BK...or simply disappear.
I urge every shareholder to learn from this revocation and to become smart and skeptical of EVERY delinquent SEC Filer.
Excerpt from the Admin Proceeding:
China Kangtai Cactus Bio-Tech, Inc. (CIK No. 1017699) is a revoked Nevada corporation located in Harbin, China with a class of securities registered with the Commission pursuant to Exchange Act Section 12(g). China Kangtai Cactus Bio-Tech, Inc. is delinquent in its periodic filings with the Commission, having not filed any
periodic reports since it filed a Form 10-Q for the period ended September 30, 2011.
Do you know of any pending lawsuits? They've stolen $4000 of my hard earned blood and sweat money. Was this a scam from the start? Is the company still in business, or have they moved everything out in order to cheat people who've invested?
nice call fred! You got fairly close on the date too lol. I lost 100% this time around, on the other hand tho I did make over 300% on the run up to .07 a while back and still came out ahead. A bummer tho I got nailed this time, should have just left it alone after hitting it one time, got greedy I guess.
ouch--------i guess just a ? of time with these china conmen---hope they get theirs----------tmonkey
CKGT SEC Suspension:
http://www.sec.gov/litigation/suspensions/2014/34-72200.pdf
Order:
http://www.sec.gov/litigation/suspensions/2014/34-72200-o.pdf
Admin Proceeding:
http://www.sec.gov/litigation/admin/2014/34-72201.pdf
~Buying 0060's~ HIGH RISK/HIGH REWARD~ HIT 07 on big volume w/ NO NEWS! Book Value = $2.40
looks like it is Trading again----lower on greys------tha was a scm that fleeced alot of people--------this had huge vol and traded at 7 cents not long back-----maybe a comeback but im not holdin my breath----------------tmonkey
Warning!...WKBT was suspended from trading for not reporting for many years. You could lose 100%. However GLTA
Fred
WATCH A MAJOR PROMO COME HERE AND SEND IT TO A $1+
still think that big vol. day was a sign of things to come---somene knows something imo---------tmonkey
im holdin!!!----iv been waiting years for this!!---------tmonkey
CKGT is getting attension andmomentum
WOW!!---SOMETHING IS UP!!!-PPS TOO!!-any info anyone!!-------tmonkey
no one lettin any go Down here at these prices--wish the se would twist the arms of these china cos.to shape up---twist until it breaks------if they ome around this will be one of the good ones imo------------tmonkey
~CKGT~ looks good on bid at these prices
patience will rewarded if These chinese Companies shape up----by force fr0m regulatory agencies hopefully------------tmonkey
maybe they will take this private for Pennies on the dollar and were buying on big vol days to increase position before offer--------imo------something stirring here-------tmonkey
600k--volume???-------whats up??------silence to be broken???--if so this will fly-----------tmonkey
in for a penny -in for a pound-------------i bt more at a penny today----------if any murmor or better yet report------------bingo----if not i Loose mucho Pennies---------they really had alot to offer and maybe still have all the cactus Wonder products---------well i have a boatfull now -----a man of war!!!------tmonkey
sorry taking so long to answer-was traveling-----i had weikang which i sold the last of ar .10------------and china organic.which i sld last at .04-just before it went grey-------pretty good record huh???---what a bunch of crooks!!!!!!!! this one i still have but looks real bad recently---------this is muy last!!!!!!!!!!!!!!11-----------tmonkey
use to like this stock too!
anything else you follow in the Chinese sector. best
sure looks to me like something is happening here---now if they would pr it-we would fly.........maybe they are sucking up the float on the cheap---then bang!!-------------------tmonkey
I found this, when I googled China Kangtai Cactus today. I do not know, how much is really new and pertains to CKGT. I did not see any corporate news.
Cigarettes - 2013 Global Strategic Business Report Featuring British American Tobacco, China National Tobacco, Imperial Tobacco, Japan Tobacco, and Philip Morris
DUBLIN, June 24, 2013 /PRNewswire via COMTEX/ -- Research and Markets (http://www.researchandmarkets.com/research/3qgm94/cigarettes) has announced the addition of the "Cigarettes - Global Strategic Business Report" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
This report analyzes the worldwide markets for Cigarettes both by volume (in Billion Sticks) and by value (US$ Billion). The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2010 through 2018. Also, a six-year historic analysis is provided for these markets.
The report profiles 78 companies including many key and niche players such as British American Tobacco, China National Tobacco Corporation, Imperial Tobacco Group PLC, Japan Tobacco Group, and Philip Morris International.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS
II. Executive Summary
1. OUTLOOK A Snapshot of the Global Cigarette Market Sizing the Market Asia-Pacific Rules the Global Cigarette Demand A Note on Smoking Prevalence Rates 2. TRENDS & ISSUES Developed Countries on the Trail of Kicking the Butt The Cost of Tobacco Dependence Cigarette Price Plays a Key Role in Curtailing Smoking Why is Price a Major Option for Governments to Curtail Smoking? Consumer Shift between Price Bands - An Obvious Outcome of Price Rises Illicit Trade of Cigarettes - A Global Problem Economies of Cigarette Smuggling and Actions to Curb Do Taxes Foster Cigarette Smuggling? What Entices Manufacturers to Resort to Cigarette Smuggling? Deceptive Marketing Tactics Now Shift to Developing Countries Tobacco Regulations - Package Warnings The FCTC Treaty & Packaging Norms Plain Packaging - The Latest in Anti-Tobacco Regulation New Regulations May Encourage Illicit Trade 3. COMPETITION Competitive Structure From Buyouts to New Technologies - The Changing Face of Competitive Strategies Competitive Advantages of Leading Cigarette Manufacturers List of Cigarette Brands of Major Global Companies Philip Morris Embarks on Market Specific Strategies 4. PRODUCT INTRODUCTIONS Savanna Launches Five-pack Cigarettes BAT and JTI Set to Launch New Two-in-one Cigarettes China Kangtai Launches Cactus Cigarettes in Russia BAT Korea to Launch KENT Convertibles, a Dual-Flavored Cigarette ITC Set to Launch Lucky Strike Cigarette Brand in India Lorillard Unveils Newport Non-Menthol Cigarette Japan Tobacco Launches Smokeless Tobacco Zerostyle Mint' in Japan Japan Tobacco Unveils Pianissimo Super Slims Menthol One Scandinavian Tobacco Expands Caf? Cr?me Miniature Line ITC Introduces Lucky Strike Cigarettes in India Philip Morris Introduces Marlboro Clove Varieties in Indonesia Philip Morris Introduces Super Slim Marlboros Philip Morris Launches New Varieties of Bond and Virginia Brands China Kangtai Cactus Launches Low and Zero Nicotine Cigarettes Reynolds American Launches Camel Dip in Florida and Colorado Commonwealth Brands Launches Davidoff Slims Cigarettes in US KT&G Unveils New ESSE Cigarettes 5. RECENT INDUSTRY ACTIVITY JTI Takes Over Gryson Japan Tobacco Acquires HCTF STG Inks Deal with Reynolds American to Takeover Lane China Kangtai Enters into Sales Agreements with Tobosst and Apollo China Kangtai Cactus Acquires Dadi Tobacco Manufacturing Company Philip Morris Merges with Fortune Tobacco Scandinavian Tobacco Group Merges with Swedish Match Japan Tobacco Acquires KBH&C and Kannenberg British American Tobacco Acquires Majority Stake in Bentoel Japan Tobacco Acquires Tribac Leaf Forms Joint Venture with Leaf Suppliers 6. FOCUS ON SELECT GLOBAL PLAYERS
7. GLOBAL MARKET PERSPECTIVE Volume Analysis
III. MARKET
1. THE UNITED STATES
2. CANADA
3. JAPAN
4. EUROPE
5. ASIA-PACIFIC
6. LATIN AMERICA
7. REST OF WORLD
IV. COMPETITIVE LANDSCAPE
Total Companies Profiled: 78 (including Divisions/Subsidiaries - 138) The United States (24) Canada (3) Japan (1) Europe (54) - France (2) - Germany (7) - The United Kingdom (3) - Italy (3) - Spain (3) - Rest of Europe (36) Asia-Pacific (Excluding Japan) (39) Latin America (8) Africa (5) Middle-East (3) Mediterranean (1)
For more information visit http://www.researchandmarkets.com/research/3qgm94/cigarettes
Research and Markets Laura Wood, Senior Manager. press@researchandmarkets.com U.S. Fax: +1-646-607-1907 Fax (outside U.S.): +353-1-481-1716
Sector: Tobacco
woke up and took those 2s------------lets hear a noist from co. NOW!!!!!!!!!!!!!!!---tmonkey
they caught me sleepin when those 22s went by----------someone got a deal imo-------------tmonkey
again someone lettin them go cheap--i sais before i was waitin for 2s or lower and should have stuck to the plan-----company, if still active could care less as if that is a surprise here!!!!!wish there was a way to go after them as so many other of these chinese wonders------it is hard to find the real deal if the chinese are involves and if on the level a while it could all change at the drop of a dime---------------tmonkey
there must be a reason they dont make a noise here---wouldnt take much to spark this imo.....just a picture of a cactus from company would do!!!!!!!-- ive been buyin a bunch but wont buy more until i know co is still active------------tmonkey
they were goin pretty cheap yesterday---hope you bagged some down here--------------tmonkey
someone wants it today---lets hope there is a reason---i was bidding in the 3s a long time and got some but was ready for more----looks like we will have to pay more now bur t still a deal from the .50 i was in before------lets get a report here......better late than never-------------tmonkey
indeed i am thinking the same.
This level is really tempting
im actually starting to load up again down here---if they report again it will go like last time----with the assets maybe they are quiet to take it private----who knows---but this seems like a nice chinese lotto ticket down here----now lets have a pr-------------tmonkey
including moi----sld my last shares at .12------tmonkey
Wow, a lot of people took that chance (for the good old days?).
as i posted before---if sec closes them down you get zip back---------------------tmonkey
A lot of shares were bought between 5 and 9 cents. Buy at .034 and sell at 5 cents or higher. What is your take?
Fred
ask at 034-------how low will it go-----------tmonkey
sec is cleaning up alot of these chinese scams now ant this could be in line with their reporting record------------tmonkey------------dropped the last of mine at .12
What do you expect for this stock in 2013?
Will we ever see a movement up here?
GLTY
looks over here-now they are starting closing down the non reporters and it looks like they may be onto this one soon-------hope alot of people got out on last run---not alot of liquidity to exit though------------------tmonkey
Coming to my buy range.
I doubled my money last time but after I sold it just shot up blowing my mind off.
But that's my strategy.
'Surprise' messagefrom Barron's online
U.S. regulators seem to have struck a rich field on which to focus their enforcement efforts.
Just a week after the Securities and Exchange Commission charged a Chinese company with fraudulently recording sales, the Public Company Accounting Oversight Board banned an accountant who once worked for Chinese companies. Both cases involved Chinese reverse mergers. In these transactions, a Chinese company usually buys a largely defunct U.S. company that has retained its corporate status. As a result, the Chinese outfit gets an equity listing without providing all the disclosure needed in a traditional initial public offering.
Enlarge Image
CloseWilliam Waitzman for Barron's
Crackdown: The PCAOB, an accounting regulator, launched its fourth China-related enforcement action of the year.
.The PCAOB brought its enforcement action against Michael T. Studer, president of the Studer Group, an accounting firm with offices in Freeport, N.Y., and Vancouver, British Columbia. The accounting group has banned Studer from preparing an audit report for a securities issuer for three years. Barron's mentioned Studer in a story, "Who's Minding the Minders of Chinese Accounting?" (Feb. 18, 2008) that also cited the target of the SEC action. Studer audited companies such as China Clean Energy (CCGY) and China Kangtai Cactus Bio-tech (CKGT), we noted in our story, despite previous PCAOB issues and securities regulatory actions against him.
The PCAOB's new moves against Studer, its fourth China-related action this year, say Studer failed to comply with its auditing standards for China Clean, China Kangtai, and another company that isn't Chinese. Studer didn't respond to requests for comment. Attempts to reach China Clean and China Kangtai were unsuccessful.
Investor Contacts:
Frank Hawkins
Amy Lin
Hawk Associates
305¬-451¬-1888
Maybe give these guys a call.
Big news! I picked up some more shares this morning...
they keep painting that .18--- like its really gonna fool anybody--if any real selling comes---that 11 will go fast on bid and back to 03 imo----no reports no news no nothing------i think buyer of shares last week or so needs a tax loss in a bad way-------------------------tmonkey
sold out today---no news no nothing----someone wanted in and people in at 03 must be happy....im thru w china----tmonkey
Keep waiting.
I have tried before and never got an answer.
Followers
|
54
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
3179
|
Created
|
01/29/07
|
Type
|
Free
|
Moderators |
\
Company Overview
Click here for July 2009 Investor Presentation
China Kangtai Cactus Biotech Inc. (OTCBB: CKGT) is a market-leading grower, developer, manufacturer, and marketer of cactus-based products, including nutraceuticals, health drink and liquor, extracts & powders, nutritional food, livestock feed & fish feed.
The company accounts for 60% of China's edible cactus market share.
China Kangtai has a strong new product pipeline that includes personal hygiene and cosmetic products, baby foods, hydration and energy drinks, animal nutrition and feed products.
Culturally, Chinese believe in herbal-based medicine and dietary supplements, which some view as alternative medicine. This belief is the impetus for cactusproducts' popularity in China and other parts of Asia.
Cactus products provide health benefits and are used as auxiliary treatment to a variety of health issues, including diabetes, obesity, constipation, cholesterol, highblood pressure, low immunity and skin disorders.
Cactus contains over 18 amino acids, as well as carbohydrates, proteins, chief meal fibrin, carotene, vitamins C, E, vitamin K1, vitamins B1, B2, B6, and B12, nicotinic acid, folacin, calcium, phosphorus, iron, potassium, sodium, cobalt, molybdenum, magnesium, manganese,copper, zinc, nickel, iodine, and selenium.
July 2009 Investor Presentation
New Agriculture-based products, and "long term cooperation agreement"
with Chinese Ministry of Agriculture.
CKGT.OB is expanding their products to include patented cattle, pig, fish, and poultry feed in China's agriculture sector.
CKGT partners with Chinese Ministry of Agriculture Feed Industry Center (May 2008)
"The Company has also entered into a long term cooperation agreement related to the research and development of animal feed with The State Ministry of Agriculture Feed Industry Center. This cooperation combines science and technology, full range equipment, and will allow the Company's scientific research personnel to collaborate with the information resources of The State Ministry of Agriculture Feed Industry Center."
"The combined development teams will further study animal nutrition and immunology, which have been the basis for the development of cactus feed and cactus feed additives with different formulas. The success with animal studies led to the development of the products that the Company will market in short future. The parties will further study this area in order to develop additional products."
English Web Site http://www.biocactus.com/
Chinese Web Site http://www.xrz.cn/
Investor Presentation (July 2009) (click here)
SEC Filings (click here)
Shares Outstanding: 19M (fully diluted) Float: 5.3M (per July 2009 Investor Presentation)
Earnings History and Financial Information
Year Revenue Diluted EPS Shareholder's Equity Number of Shares (fully diluted) Net Cash Flow From Operations
2006 $10.3M .08 $13.8M 17.4M $0.1M
2007 $14.2M .13 $17.3M 17.7M $2.1M
2008 $20.3M .23 $25.1M 18.5M $9.6M
Charts
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |