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CHPC FINRA deleted symbol:
http://otce.finra.org/DLDeletions
CHPC SEC Suspension:
http://www.sec.gov/litigation/suspensions/2015/34-75896.pdf
EPS ytd $4.82 and I can't get any shares.
LOL. Yea, maybe start out with about 10,000.
Buy a few shares.
Looks like they raised the ask to $20,000.00 LOL. I wonder when CHPC will ever release shares for trading purposes.
NEWS !!!! Now the company needs to release some shares for trading purposes. There are no shares available because the company never put any out on the market. All shares are held by insiders.
China Prosperous Clean Energy Corporation Provides Updates on Recent Business Activities
8:00a ET December 28, 2009 (PR NewsWire)
China Prosperous Clean Energy Corporation (OTC Bulletin Board: CHPC, "the Company") today provided an update on several key business developments made through the Company's subsidiaries.
Henan Prosperous Clean Energy Co., Ltd. Established in Nanjing, Jiangsu Province, China
Anyang Prosperous Clean Energy Co., Ltd., a wholly owned subsidiary of the Company, completed the process of incorporating a new wholly owned subsidiary on October 27, 2009: Jiangsu Hengrun Clean Energy Co., Ltd. ("Jiangsu Hengrun") in Nanjing, Jiangsu Province. The total registered capital of Jiangsu Hengrun is RMB20 million (approximately $2,924,920), all invested by Anyang Prosperous Clean Energy Co., Ltd. Mr. Baojie Liu was appointed as the manager and executive director of Jiangsu Hengrun.
Jiangsu Hengrun will mainly be engaged in the research and development of clean energy technology and the promotion and application of clean energy technology. The establishment of Jiangsu Hengrun enables the Company to expand its business operations and market shares in South China.
China Prosperous Clean Energy Corporation ("CHPC") Opens a New Filling Station in Weifang, Shandong Province, China
In November 2009, Weifang Prosperous Energy Technology Development Co. Ltd. ("Weifang Prosperous), a wholly owned subsidiary of the Company, opened a new compressed natural gas ("CNG") filling station on Changsong Road, Weifang city, Shandong Province, China ("Changsong-Road Station"). The Changsong-Road Station is located at a convenient site on the main street, and only two kilometers away from Weifang Train Station with large traffic flow. Its designed capacity is 12,000 cubic meters per day with its gas supply from Zibo City.
Since its trial operation in November 2009, Changsong-Road Station has witnessed a steady growth in sales revenues. It is one of the key investment projects in Weifang City and is anticipated to bring prominent economic and social benefits.
Anyang Prosperous Clean Energy Takes 15% Stake in Ancai Energy
Anyang Prosperous Clean Energy Co., Ltd, a wholly owned subsidiary of the Company, spent RMB36.5 million on purchasing 15% of the shares of Ancai Energy Co., Ltd. through Henan Zhenye Auction Co., Ltd. on December 9, 2009.
Established on April 18, 2008, Ancai Energy Co., Ltd ("Ancai"), as the subsidiary of Ancai Group Inc., is located in the center of Anyang Hi-tech Industries District, with registered capital of RMB80 million (approximately US$11.7 million). Ancai is mainly engaged in the investment and management of the construction of long-distance pipelines and delivery networks for natural gas, pipeline LPG and CNG filling stations. The Jiaozuo-Anyang branch of the West-East natural gas transmission project was built and put into operation in 2003, which supplies natural gas to users in the cities of Jiaozuo, Xinxiang, Hebi, and Anyang, as well as industrial users. The project is not only an industrial project, but a national key infrastructural project for clean energy. Almost 15 million people in Northern Henan can benefit from the project, which plays an important role in the local industry and ecological environment.
The investment made on Ancai will provide steady and qualified natural gas for the network of CNG filling stations that belong to the company and Henan Transport Authority, developing a stable market of filling stations which takes Ancai mother station as its center.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company's ability to raise additional capital to finance the Company's activities; the effectiveness, profitability, and the marketability of its products; the period of time for which its current liquidity will enable the Company to fund its operations; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the Company's operating results and financial condition; the Company's ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed in the Company's filings with the Securities and Exchange Commission.
These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the companies and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, they cannot assure you that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.
SOURCE China Prosperous Clean Energy Corporation
lmao, It will fill, need a penny?
I have my order in for the $1,000.00 but the ask is $1,000.01 so it isn't filling LOL.
You still didn't hit the ask for 1000 bucks a share?????
El Cheapo!
a quick flip should get you a few billion.
No problem. Give me 100,000 shares. LOL
hit that ask. 1001.1. lolololol
If they ever do free some shares up my order is in.
still no shares? LOL, not 1 share for sale.
For sure since CHPC has never sold a share since they went public. Whatever shareholders they have they are sure holding their shares tight.
when it fills, it will be obvious. LOL
GTC order in. I will wait.
I hope you get them. This stock is tighter than a Frogs ---
Hope the company frees up some shares. My GTC order is in at $1.01 per share but not a nibble yet.
I'll buy as much as possible at that PPS. How much could I get for the old lady ??? 50,000 shares at that price ??? LOL.
level 3 had 3 on the bid at .01, not a soul on the ask.
Nothing would surprise me anymore. But if shares were lost in the ECN network and the company was trying to sell stock I think they would be found quick. Since the company has not sold any shares since they went public a year ago I don't think the company gives a chit about selling stock.
I agree. Based on the 10Q's and the share structure this will hold more then $1.00 IMO. Now we just need for them to loosen up a few shares instead of holding them LOL.
imagine its just lost in the ECN network??? wouldn't that be screwed up???
I'm thinking this company just wants to be public "just in case". This is a Gem of a stock, let me know. If it holds a dollar this long, its AMEX material. Just wont qualify for shareholders or volume requirements.
Very interesting to say the least.
There is only one (1) problem about calling the company in China. I don't speak Mandarin. I will try to call, e-mail or contact somebody and keep you posted. Contact: Shiming Yu, China Tel: 86-130-83857299
No Idea. call the company, i am interested. Spoke with MM friends and asked about the stock. Said its a pinksheet... even though its a otcbb, still follows same rules as "we are not obligated to create a market for it". Let me know what you find out. Most likely company has no shares for sale and you sir are catching them off guard....
LOL. Company goes public but never sells a share and has no shares available ??? What is up with that ??? They spend the money to buy a shell and do a R/M, keep all the filings up to date, submit audited financial statements on time but have never sold a share and there are no shares available ??? The company has built mother stations, filling stations and about 87 miles/kilometers of gas pipelines and never sold a share and still has over $1.4 million in cash on hand ??? My buy order is still in GTC at $1.01. I want some shares of this company but not at $1,001.01 per share.
no ask, all bid... no market, no interest, no market maker carrying any........
Company just wants to be a public company, but not public......
hit the ask for 10001.1..
you ain't getting any of these. nobody selling....
No shares available. Can't buy any. No fill at all. The company needs to free up some stock to let investors in.
I have had a buy order in at $1.01 since this morning and nothing. I just got off the phone with TDA and they said it is simply because nobody is selling and there is no volume so there are no shares available at this time. They suggested I just leave it there and see what happens.
What you don't read Chinese LOL.
nice find you sent me:
http://www.ayszwx.com.cn/company.html
now we need to have the website translated....
I think CHPC is a sleeping giant. They have built various filling stations, CNG mother station, miles/kilometers of natural gas pipelines and related facilities without selling one (1) share. They still have over $1.4 million dollars in cash on hand and over $10 million dollars in net assets ($16 million in gross). Just read the SEC filings and research the company. Once CHPC wakes up I think a lot of people will be very interested.
There was also this one where they entered the second stage of a construction project which includes a CNG mother station, an additional 64.7 kilometers of natural gas pipeline and related facilities.
China Prosperous Clean Energy Corporation Completes Construction of First Stage of Shijiazhuang Project
ANYANG, CHINA -- (Marketwire) -- 01/20/09 -- China Prosperous Clean Energy Corporation, (OTCBB: CHPC), a retailer and wholesaler of compressed natural gas and liquefied petroleum gas through its subsidiaries based in China, today announced that the Company has completed the first stage of construction for natural gas distribution network for residential usage in Shijiazhuang Yuanshi County. This project has now entered the second stage which includes a CNG mother station, an additional 64.7 kilometers of natural gas pipeline and related facilities.
There are over 11,000 taxies, 3,000 buses and 1,500 mini-buses while only 11 CNG stations are currently available in Shijiazhuang. The CNG mother station under construction is mainly for wholesale and retail of CNG for local vehicles using natural gas as alternative energy. The total investment of this project in Shijiazhuang is approximately $14.3 million.
"We are very pleased to complete construction for the first stage of Shijiazhuang project. This major milestone allows CHPC to officially launch this new revenue producing unit during the 2nd quarter of 2009. This will not only allow us to further diversify our revenues, but also further extend our footprint in Northern China," commented Mr. Wei Wang, Chairman and CEO of China Prosperous Clean Energy Corporation.
"Our team is currently working on the second stage of this project and we expect to have the network and CNG mother station in service at the end of 2009. This new business unit will enable China Prosperous Clean Energy Corporation to immediately start supplying natural gas to residential customers in Shijiazhuang Yuanshi County. Additionally, we believe that the operating foundation we have put in place will enable us to capitalize on new projects coming on line in the near term while taking advantage of new opportunities in this rapidly growing industry," concluded Mr. Wang.
About China Prosperous Clean Energy Corporation
China Prosperous Clean Energy Corporation is engaged in the wholesale and retail sales of compressed gas and liquefied petroleum gas through its subsidiaries in the People's Republic of China. The company owns and operates 6 cities' natural gas distribution systems serving approximately 16000 residential and many industrial (negotiating) customers. Facilities include approximately 20 kilometers of pipeline and delivery networks with a designed daily capacity more than 50000 cubic meters of natural gas. China Prosperous Clean Energy Corporation owns and operates natural gas distribution systems in Henan, Hebei, Shandong and Shanxi Provinces. The Company's website is: www.ayszwx.com.cn.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company's ability to raise additional capital to finance the Company's activities; the effectiveness, profitability, and the marketability of its products; the period of time for which its current liquidity will enable the Company to fund its operations; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the Company's operating results and financial condition; the Company's ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed in the Company's filings with the Securities and Exchange Commission.
These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the companies and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, they cannot assure you that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.
For more information, please contact:
Shiming Yu
China Tel: 86-130-83857299
chinaysm@sina.com
Source: Marketwire (January 20, 2009 - 8:30 AM EST)
Only news I could find.
China Prosperous Clean Energy Corporation Names Ben Wang Chief Financial Officer
ANYANG, CHINA -- (Marketwire) -- 03/02/09 -- China Prosperous Clean Energy Corporation (OTCBB: CHPC), a retailer and wholesaler of compressed natural gas and liquefied petroleum gas through its subsidiaries based in China, today announced the appointment of Ben Wang as Chief Financial Officer (CFO). Shiming Yu resigned from the position of Chief Financial Officer on the same day.
Wang, age 36, has experience in public company analysis, qualitative and quantitative financial analysis, including modeling and forecasting. Most recently he serviced as Chief Financial Officer at New Oriental Energy & Chemical Corporation, and was an equity research analyst at Brean Murray Carret Co., Ltd., a boutique institutional investment bank and research firm. Prior to that he did risk solutions consulting in Standard & Poor's, and was a senior equity research analyst for Century Securities Co., Ltd. He will report to Wei Wang, the Company's CEO.
"We believe Mr. Wang will be an excellent addition to our senior management team," commented Wei Wang, the Company's CEO. "Mr. Wang will continue to improve and integrate new financial controls to improve reporting and analysis as our organization pursues this growth strategy. Mr. Wang's background and experience in the public markets will benefit our Company's ability to articulate its story to the investment community, establish and maintain relationships with key institutional investors and sell side analysts, which should create further diversification of our shareholder base."
Mr. Wang earned his Ph.D. from the Department of Decisions, Risk & Operations Management at Columbia Business School in New York, NY in 2003. He was awarded an M.E. from Tsinghua University in Beijing and a B.E. in Electronic Engineering from University of Electronic Science & Technology of China in Chengdu. He is also charterholder of CFA and FRM.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company's ability to raise additional capital to finance the Company's activities; the effectiveness, profitability, and the marketability of its products; the period of time for which its current liquidity will enable the Company to fund its operations; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the Company's operating results and financial condition; the Company's ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed in the Company's filings with the Securities and Exchange Commission.
These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the companies and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, they cannot assure you that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.
For more information, please contact:
Shiming Yu
China Tel: 86-130-83857299
chinaysm@sina.com
Source: Marketwire (March 2, 2009 - 10:05 PM EST)
Real under valued opportunities are hard to find. this one is no share sellers. either you want in or not... read financials, read share structure. good luck to all.
Night all
Long term JJ... Depends when company updates its shareholders, but I think the lack of updates is due to majority of shareholders are most likely insiders.
I know your trading by now... we been around a long time, i thing this is more like a "set it and forget it" if you got the patients.
Diggle man. Never>> seen a share structure like this and a company that's making money and no shares being being sold.
Kind of messed up. Long term like you said... This looks more like a hobby for some rich folk.
Count me in. Got some money trowat it. Clean energy making money is not a dime a dozen.
Nice find!
you won't. needle in a haystack. i will put my money where my mouth is. it will be obvious when i doo... LOL
I can not recall reading an OTCBB company 10Q that looked as good as this one.
according to the gross assets (16 mil) this should be trading @ 1.33 with no market multiplier. Oil outlook 250 a barrel, energy rises with it... babooom on this 1 year old stock.....
JMHO.
I don't think this is a flipper.
I think this is more of the IRA type. I'm being honest here.....Theres no liquidity and it is held tight, and net assets exceed 10 mil, and nobody pays attention....
You are welcome.
thanks ghcnj!
i'll do some more dd and pick up a few too
sweet! I'll have to pick up a few then!
bids .25 i think, ask is 1.01.
I don't think this stock will go down. It is held tight. Did you see the share structure? oh my god! I don't think they sold a share in 6 months. I don't think they care too.... My kind of company...
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China Prosperous Clean Energy Corporation (CHPC) is engaged in the business of wholesale and retail sales of compressed natural gas (CNG) and liquefied petroleum gas (LPG), construction and operation of CNG and liquefied petroleum gas LPG filling stations. The Company carries out three types of primary operations, which include retail sales of CNG and operation of CNG filling stations, retail sales of LPG and operation of LPG filling stations and wholesale of LPG and CNG. The Company operates 11 gas filling stations, including five CNG stations and six LPG stations. In addition, it is constructing three CNG filling stations and one pipe network as of December 31, 2008. The customers of its retail CNG/LPG filling stations are the CNG and LPG powered vehicles and hybrid powered vehicles. The customers of its LPG and CNG wholesale business are LPG/CNG retailers.
10Q filed 05/15/2009
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6607916
Share structure. OTCBB fully reporting.
Outstanding Shares
12,000,000
Authorized Shares
75,000,000
Sleeper Stock in the Green. More info to follow.
China Prosperous Clean Energy Corporation (OTC.BB: CHPC), a retailer and wholesaler of compressed natural gas and liquefied petroleum gas through its subsidiaries based in China, today announced the appointment of Ben Wang as Chief Financial Officer (CFO). Shiming Yu resigned from the position of Chief Financial Officer on the same day.
Wang, age 36, has experience in public company analysis, qualitative and quantitative financial analysis, including modeling and forecasting. Most recently he serviced as Chief Financial Officer at New Oriental Energy & Chemical Corporation, and was an equity research analyst at Brean Murray Carret Co., Ltd., a boutique institutional investment bank and research firm. Prior to that he did risk solutions consulting in Standard & Poor's, and was a senior equity research analyst for Century Securities Co., Ltd. He will report to Wei Wang, the Company's CEO.
"We believe Mr. Wang will be an excellent addition to our senior management team," commented Wei Wang, the Company's CEO. "Mr. Wang will continue to improve and integrate new financial controls to improve reporting and analysis as our organization pursues this growth strategy. Mr. Wang's background and experience in the public markets will benefit our Company's ability to articulate its story to the investment community, establish and maintain relationships with key institutional investors and sell side analysts, which should create further diversification of our shareholder base."
Mr. Wang earned his Ph.D. from the Department of Decisions, Risk & Operations Management at Columbia Business School in New York, NY in 2003. He was awarded an M.E. from Tsinghua University in Beijing and a B.E. in Electronic Engineering from University of Electronic Science & Technology of China in Chengdu. He is also charterholder of CFA and FRM.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company's ability to raise additional capital to finance the Company's activities; the effectiveness, profitability, and the marketability of its products; the period of time for which its current liquidity will enable the Company to fund its operations; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the Company's operating results and financial condition; the Company's ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed in the Company's filings with the Securities and Exchange Commission.
These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the companies and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, they cannot assure you that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.
6 month chart from prophet.net
[chart]charts.prophet.net/servlet/ChartServer?symbol=CHPC&scheme=blugray&width=288&height=200&frequency=0&price.display=0&service=ProphetThumbCharts&cache=1245714521&duration=6m&price.scale=1&barsofar=1[/chart]
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