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Some trading in this POS lately--- wonder if the lawyers getting involved has prompted that?
I've contacted them. Count me in.
Yup, you'd have more luck suing the people who pumped this stock in the U.S. than suing the Chinese.
Yup, you'd have more luck suing the people who pumped this stock in the U.S. than suing the Chinese.
Sure it's for real, and the law firm is the only one that will make a cent off of this scam....
This law firm is for real, and they need to hear from some large shareholders to proceed. I've spoken to them.
If you own, or owned, China Sung Group, CSGH, please contact them, and fill out the form on their website, so we can get some kind of investor action going against them, and maybe recover some of our investment.
http://www.prnewswire.com/news-releases/the-seiden-group-announces-us-shareholders-formation-of-a-group-to-recover-investor-funds-through-a-possible-receivership-over-china-based-china-sun-group-ticker-csgh-300427368.html
Chinese stocks getting a lift lately. Is this one next?
I wonder if CSGH will get a boost with this lithium headline...
http://finance.yahoo.com/news/battery-hungry-world-turns-south-americas-lithium-triangle-113846617--finance.html
Still correct it appears. Too funny.
hahaha....that's what you said last year about CSGH
supply and demand pressure
As we continue to accumulate shares eventually the market makers will move it patience and accumulation
It looks like we are accumulating couple trades distinct should be ready to move
Might have to accumulate first.
I added a little today @ about the same price. Not much interest in this co. of late though.
Have you added any shares recently? I got some more at .015
Nice intraday move. Beautiful bounce. Now can we get some volume
Might be playing possum. Read the AIVI board for a similar situation.
Someone want to paint the tape here with 100 shares. .0313 ?
I actually jumped in another play. I'm watching closely though
cspratt15139, Perhaps. But you're waiting for 0.017-0.0189 USD range as you indicated earlier. A range we were trading at for some time recently. Current trading action and China story looks like you'll get your opportunity.
For fun I ran CSGH through a DCF calculator. If the company is legit and the last numbers are correct we are talking early retirement
http://www.gurufocus.com/dcf/CSGH
Cspratt, I couldn't find it. Where is it?
Yeah well this pull back might be the last chance you get at these prices. We looking at .25 and up.
kezzek, Thanks. Yeah, nothing recent on the co.
Hard to invest while looking into darkness.
"STRONG BUY"
http://www.barchart.com/quotes/stocks/CSGH
May be we get some good volume down near the 50dma. Im looking to to load 100k around .0170-.0189
Not buying, not selling, just holding...waiting for a miracle. [lol]
What do you mean your shares are on hold
My shares are on hold for now. It continues to look interesting, but probably this action is just MM 'churn'.
http://stockcharts.com/h-sc/ui?s=CSGH&p=W&yr=5&mn=0&dy=0&id=p28362492404
I wish more information were available about the company....
Are you adding shares here?
It's trying to move. Need some buyers
It's a scam. They stopped reporting anything years ago when the Feds started to ask for audits.
They're in China, U.S. has no authority to regulate them.
Sooooooo. Is there anyone that posts/follows here that has one iota of information that is recent where one might assign a value to this stock symbol? Forget the tech analysis. Not enough liquidity to use it IMO.
Anyone in or been to China to get any real info? Kind of hard to justify given the magnitude of the asset, I know.
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Company Website: http://www.chinasungrouphightech.com/corporate-info/corporate-overview
http://seekingalpha.com/article/124793-nine-top-china-plays
7. China Sun Group High Tech (CSGH) mainly engages in the production and sales of cobaltosic oxide and lithium cobalt oxide, both anode materials used in lithium ion rechargeable batteries in the People's Republic of China. Trading at $12.29M with a book value of $27.45M with a 2008 annual net income of $6.74M, I immediately started digging deeper into the growth potential of this company. Not to mention that every quarter in 2008 trounced the comparable quarter in 2007. I don't really mind reading headlines like: Quarterly Revenue Up 42% to $7.6 Million; Net Income Increases 145% to $1.8 Million. You can't find headlines like those with your average run of the mill blue chip.
ISO9001 Quality Management System certificate: Dalian Xinyang High-Tech Development Co., Ltd. acquired ISO9001 Quality Management System certificate in December,2006 | Sun Group Dalian Xinyang High-Tech Co., Ltd. submitted a patent application of the preparation method of high-crystallinity lithium cobalt oxide to State Intellectual Property Office of the People's Republic of China in August, 2004 (Application No. 2004100208701). This application was approved in June 27, 2008 by State Intellectual Property Office pursuant to term 54 of patent law and No. 75 Announcement of Patent Bureau and certificate will be formally granted after mid Septemeber. |
CORPORATE OFFICERS;
Mr. Wang Bin - President and Chief Executive Officer
Mr. Wang is appointed as President and Chief Executive Officer of the Company.
He has also been nominated as a Director of the Board.
Mr. Wang is 42 years old. He received his Bachelor degree
from Harbin University of Science and Technology majoring
in Business Management.
Mr. Wang is a senior-level economist with great experience in business management,
Tand he is the founder of Dalian Xinyang High-Tech
Development Company Ltd., a company dedicated to industrial investment, high technology,
utilities, real estate, and education with total registered capital of RMB 106,000,000.
Mr. Wang has been the President of DLXY since the year of 2000.
Mr. Wang, Yu Long - Vice President
Mr. Wang is appointed as Vice President of the Company.
Mr. Wang is 43 years old.
He obtained his bachelor degree in Business Administration
from Hei Longjiang University. In 1999 and 2000,
he was the director of the Marketing Department of
Dalian Xinyang High-Tech Development Company Ltd.
Mr. Wang was also the assistant to Chairman of DLXY
from 2000 to 2002. In 2002, he was nominated as
the vice president in charge of production,
and sales management.
Ms. Liu, Ming Fen - Chief Financial Officer
Ms. Liu is appointed as the Chief Financial Officer
of the Company. Ms. Liu is 55 years old.
Since 2004, Ms. Liu has been the Chief Financial Officer
of DLXY and she is a Certified Public Accountant
in China. Ms. Liu earned her bachelor degree
in finance from Dongbei Finance & Economics
University and she has extensive experience
in financial regulations, company management,
and raising capital. In 2001 and 2002,
Ms. Liu served as the financial supervisor for
a chemical fertilizer plant under Dalian Chemical
Industry Group. In 2003,
Ms Liu was the financial manager of DLXY.
.Mr. Cheng Yijing, CTO
A scientist enjoying national special allowance
and Senior Engineer at the professor level,
who graduated from Dalian University of Technology,
has been engaging in the research and production
practice in chemical engineering field.
He once assumed the offices of Engineer,
Project Commander-in-chief, Chief Yardmaster,
Technical Plant Director and Secretary of Party Committee
in former Dalian Chemical Plan (current Dahua Group).
As an expert in inorganic chemical engineering,
he boasts great experience of enterprise management
and enjoys a high reputation in the same domestic trade.
Transfer Agent
Island Stock Transfer,
100 Second Avenue South
Suite 104N
St. Petersburg, FL 33701]
Outstanding Shares:43,422,97
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