First China Pharmaceutical Group Inc (fka FCPG)

[LongTimeObserver]

$FCPG (via XYT) in the news:

"EU alert system flags over 90 health risk alerts for face masks from China

An analysis found that 95 alerts referred to at least 67 different brands of masks, the rest of which were marked as unknown. Of the 95 alerts, a majority have been categorised as serious.

Malta submitted three alerts. One being for a KN 95 particulate respirator mask of the brand X.Y.T XiangYanTang, the batch number of which is unknown."

[LongTimeObserver]

No one could find Wang, and Mark Lee of T&G decided to remain radio silent.

[VeryHolyGuy]

No one here had the money to sue him. Fcpgalltheway and Red Hackel were all big talk but no money. Fcpgalltheway was in on the scam.

[LongTimeObserver]

Did anyone ever FIND Wang, the scammer?

His US attorneys and Tobin Smith ought to be jailed with him.

[VeryHolyGuy]

Did anyone ever sue this company and Wang??

[LongTimeObserver]

Wang must be making bank on coronavirus. The scammer.

[LongTimeObserver]

Mark Lee/Greenberg Traurig ought to worry about their licenses.

https://www.sec.gov/Archives/edgar/data/1432254/000114420411068212/filename1.htm

[VeryHolyGuy]

WOW and no one here sued Wang and his company. OMG!

[LongTimeObserver]

Wang and FCPG are hiding in plain sight:

"Kunming Xinyuantang Pharmaceutical Co., Ltd. was established in Kunming, Yunnan on November 12, 2002, and registered with Kunming Administration for Industry and Commerce. On March 30, 2011, First China Pharmaceutical Group Co., Ltd. added 13.08 million yuan of registered capital, and the company's registered capital was changed to 15.08 million yuan, which is the wholly-owned subsidiary of First China Pharmaceutical Group (Hong Kong-owned enterprise) in Mainland China. the company. It is a pharmaceutical industry investment platform established in Yunnan.

Kunming Xinyuantang Pharmaceutical Co., Ltd. is mainly engaged in the wholesale and circulation of pharmaceuticals. It is a modern pharmaceutical circulation enterprise that is designed, managed and operated in strict accordance with GSP standards. The company has a total warehouse area of ??11,235 m2, all of which are cool storage, with a cold storage of 100 m2 (about 225 m3).

Since its establishment, Kunming Xinyuantang Pharmaceutical Co., Ltd. has strictly abide by the law, and has a good business operation. There are no violations of laws and regulations. No quality accidents occurred in the drugs handled. The overall business has grown steadily year by year, showing a good development momentum.

In 2013, the company complied with the national industry policy orientation and carried out transformation and upgrading, seeking the company's leap-forward development. Realize the transformation from traditional pharmaceutical circulation enterprises to modern pharmaceutical logistics enterprises, transforming business from single drug sales to drug sales, drug storage and distribution, cold chain transportation, drug logistics services, logistics extension services, and supporting value-added services. The comprehensive business has enabled the company to develop into a service-oriented, public-type and comprehensive industrial platform for the pharmaceutical distribution industry.
In 2014, the company completed the “Xinyuan Modern Medicine Logistics Center” and put it into operation. At the end of 2014, it passed the national new GSP certification and obtained the certificate. In January 2015, it obtained the Yunnan Province drug storage and qualification certification, and obtained the Yunnan Province in the same year. Medical equipment storage, replacement qualification confirmation, official operation.

In 2009 and 2011, the company has obtained the "Internet Drug Information Service Qualification Certificate" and "Internet Drug Trading Service Qualification Certificate", and officially adopted the company's self-developed Internet information service platform to carry out drug trading and related value-added services.

Xinyuantang has registered the registered trademarks in the State Administration for Industry and Commerce.

Kunming Xinyuantang Pharmaceutical Co., Ltd. is the sponsor of the national third-party pharmaceutical logistics alliance.

The company was appraised by the Yunnan Provincial Industry and Information Technology Commission and was recognized as “the Yunnan Province SME Public Service Demonstration Platform”. It was appraised and confirmed by the Kunming Municipal Work Committee and was named “2015 Kunming SME Social Service System Demonstration Unit”. At the same time, it was selected as “Excellent Pharmaceutical Logistics Center of China Pharmaceutical Logistics Industry 2014-2015” by the China Logistics and Purchasing Federation Pharmaceutical Logistics Branch.

[LongTimeObserver]

Wang and xytey.com participating? https://seekingalpha.com/article/4202077-chinas-pharma-boom

[VeryHolyGuy]

Are you still investing in Chinese? Wondering?

[VeryHolyGuy]

I have not heard from you in a long time. Are you still investing in the Chinese?

[LongTimeObserver]

Left out names of certain $FCPG media touts

http://stockpromoters.com/news/the-director-of-%E2%80%98the-china-hustle%E2%80%99-on-the-reverse-merger-scandal-the-biggest-con-since-the-mortgage-crisis-868.aspx

[LongTimeObserver]

Anyone figure out how to ding Wang?

[VeryHolyGuy]

Wonder if your still investing in Chinese penny stocks?

[pack10]

Hey fcpgalltheway, long time no talk. How are things with you?

I recall sometime back you explained how we could lookup deleted messages. I have looked all over and can't come up with that feature. Can you help me?

TIA

[VeryHolyGuy]

Fcpgalltheway, I hope all is well with you. I haven't heard from you in a while. Hopefully you are making better stock picks these days.

[LongTimeObserver]

xytey.com still alive and kicking, updated to 2017

Google translation of 'About us/Company' webpage:

https://translate.google.com/translate?hl=en&sl=zh-CN&u=http://www.xytey.com/index.php/company/&prev=search


" about us

Kunming Xinyuan Tong Pharmaceutical Co., Ltd. in November 12, 2002 in Kunming, Yunnan Province, set up in Kunming City Administration for Industry and Commerce registered. March 30, 2011, the first China Pharmaceutical Group Co., Ltd. registered capital of 13.08 million yuan, the company registered capital changed to 15.08 million yuan for the First China Pharmaceutical Group (Hong Kong enterprises) in the mainland of China's wholly-owned subsidiary the company. For its establishment in Yunnan, the pharmaceutical industry investment platform.

Kunming Xinyuan Tong Pharmaceutical Co., Ltd. is mainly engaged in the wholesale business of drugs. Is a strict in accordance with the GSP standard design, management, management of modern pharmaceutical distribution enterprises. The total warehouse area is 11235 square meters, all for the cool library, cold storage 100 ? (about 225 m³).

Kunming Xinyuan Tong Pharmaceutical Co., Ltd. Since its inception, strict law-abiding operators, operating in good condition, no illegal acts, the operation of drugs without quality accidents, the overall business year by year steady growth, showing a better momentum of development.

Companies in 2013 in line with the national industry policy-oriented transformation and upgrading, to seek the company's leap-forward development. To achieve the transformation from the traditional pharmaceutical distribution companies to modern pharmaceutical logistics enterprises, the business from a single drug sales into a set of drug sales, drug storage on behalf of the distribution, cold chain transport, drug logistics services, logistics extension services, supporting value-added services as one Of the integrated business, the company developed into a pharmaceutical industry, the service industry, public type, comprehensive industrial platform.

The company was built in 2014, "Xinyuan modern pharmaceutical logistics center" and put into operation, at the end of 2014 through the national version of the new GSP certification, obtain a certificate, in January 2015, Yunnan Province, the drug on behalf of the storage, matching qualification confirmation, the same year Yunnan Province Medical equipment on behalf of the storage, with qualified to confirm the formal operation.

The company has in 2009, in 2011 made the "Internet Drug Information Service Qualification Certificate" and "Internet Drug Trading Service Qualification Certificate", the official use of the company's independent development of Internet information service platform for drug trading and related value-added services.

Xinyuan Tang has been in the State Administration for Industry and Commerce for a registered trademark registration.
Kunming Xinyuan Tong Pharmaceutical Co., Ltd. for the country's third-party pharmaceutical logistics alliance initiated units.

The company was appraised as the "Public Service Demonstration Platform of Small and Medium-sized Enterprises in Yunnan Province", which was appraised as "Demonstration Unit of Social Service System of Small and Medium-sized Enterprises in Kunming in 2015" At the same time, by the China Federation of Logistics and Purchasing Pharmaceutical Logistics Club named "2014-2015 China's pharmaceutical logistics industry outstanding pharmaceutical logistics center.""

[MMM913]

AGreed.

[LongTimeObserver]

Wang deserves the same: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=130976090

[MMM913]

News?

[LongTimeObserver]

"FCPG 2" forming? Chinese take-out of Allied Ventures/Diphasium $DPHS

[pack10]

Surprised to see this number of posts on FCPG. Wang is doing well btw. Crooked, took our money but doing well in China.

Do any of you know which marijuana stocks might be the one or ones to buy in 2017. Seems many are making it big the way we should of with this stock

[Hoozyrdadi]

still bugs me to open my Fidelity account and see 189K dead shares and <$54K>....hope all are doing well...at least my AMZN has covered most of this loss:)

[Gunner3737]

This stock getting ready to fly buy while it's low it's comeing people GO FCPG$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

[LongTimeObserver]

Contact http://www.sfc.hk/web/EN/index.html and http://www.csrc.gov.cn/pub/csrc_en//about/ Keep Wang from IPO'ing XYT.

[fcpgalltheway]

Contact all these other people that attended this event and let them know what kind of man Wang is and how he treated the shareholders who made possible the expansion of this company. Actually, if you take a little time to find out how to reach these people just post the information on this board and maybe other shareholders who look at this board might take some action.

https://translate.google.com/translate?hl=en&sl=zh-CN&u=http://www.cmp.org.cn/_d276427892.htm&prev=search

[LongTimeObserver]

Planning on pumping it again? Be our guest.

Meanwhile, keep your eyes open for an attempt to IPO XYT in China, HK or mainland.

[fcpgalltheway]

Hey LTO, it would be nice to have some of the former posters come back into this site and post some internet link to some relevant news about this company and specifically about Wang and Gong activities in China. A few months ago I contacted Billingsley to get some feedback and he mentioned some numbers that might indicate that this company has value but unfortunately there is nothing that he can do to help because there are no real avenues to go after Wang or the assets of this company--no filing has taken place in 3 years and "what happens in China stays in China".

I am sure that there must be some news about this company in the Kunming newspapers but unfortunately none of this board shareholders is Chinese and therefore no one has any relatives that could go and visit the headquarters of this company and make a report to those on this board who lost everything.

It seems almost like a bad dream that 2-3 years ago people used to post here with so much anticipation that things were going to get better and then Wang took the easy way out by leaving all the American shareholders with nothing because he knew that Chinese laws were on his side and it would have been almost impossible to go after him.

[LongTimeObserver]

You will be pleased to know that Brad Long is still out there, pitching OTC trash.

[LongTimeObserver]

Possible withdrawal and re-list in CN strategy, like this ($EBYH):

http://www.e-buy-home.com/show.asp?typeid=2&sortid=6&id=178

[LongTimeObserver]

Who wants to file as FCPG custodian?

http://nvsos.gov/sosentitysearch/FeeDetails.aspx?ctok=cQCe%252bdiHi1RAdfHg4bwJhw%253d%253d

[LongTimeObserver]

FCPG holders still own XYT, the operating company, which continues to operate. He won't dare list in HK or CN. Asserting rights will be difficult, of course.

[VeryHolyGuy]

Fcpgalltheway, did you know that the Statues of Limitations has passed. No doubt Wang knew that he could violate FCPG shareholders and get away with it!

[LongTimeObserver]

xytey.com still up and running: https://translate.google.com/translate?hl=en&sl=zh-CN&u=http://www.xytey.com/&prev=search

[LongTimeObserver]

Tobin Smith finally got slapped by SEC for his undisclosed compensated pumping? Sadly, the fines were pennies on the dollars of investor/dupe losses.

First China Pharma not mentioned, but should have been, along with numerous others he pumped into dumps.

https://www.sec.gov/litigation/complaints/2016/comp-pr2016-60.pdf

[bar1080]

I think this explains it all:

[bar1080]

It's like cult behavior when the spaceship fails to arrive as predicted by the Leader. Sometimes called, Cognitive Dissonance.

https://en.wikipedia.org/wiki/When_Prophecy_Fails

[bar1080]

Likely he has mental problems, which are common in pennyland. No one in a sane mind becomes utterly fixated -- for years -- on an unaudited, deeply troubled Chinese penny stock. Gambling addiction is the most common mental affliction on penny boards, but one spots other pathologies from time to time.

It's like an adult who still believes in Santa, and makes excuses for his failing to come down the chimney on Christmas. But a lot more serious as this shows...

"alltheway: "I have lost all my investments in my IRA account and still cannot understand how Wang turned out to be..."

[LongTimeObserver]

So you're saying fcpgatw is really a Tobin Smith nom de plume?

[bar1080]

fcpgalltheway's Statement of Fact:

from 3-11-14:

"Let me use this opportunity to inform the shorters that at this very moment all the Company financial statements are being processed by the firm of Marcum, Bernstein & Pinchuk and that all 5 financials will be filed at the same time within the next two months. "

"My advise to all these negative minded people is to start buying more shares of this tock right now before the financials are released."

Read the whole thing
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98617322

[fcpgalltheway]

Hey pack, I am glad to see you back here just getting involved in whatever conversation might pop up on this board.

I have to tell you about another board--MRES-which involves a stock that has been manipulated for many years by scammers from Canada. The stock has been known by many different names, and you cannot imagine how many phony news releases have been issued over the years. If you look at the SEC filings for this company you will be wondering why the SEC has never suspended it or made demands about providing certified 10Qs or 10Ks on a timely basis.

I believe that when Wang was getting disgusted by SEC demands for refiling of certain quarterly reports, he was never properly advised that maybe there was a cheaper way to remain listed by simply providing limited information the way most of the penny stocks do in order to survive and stay listed.

I cannot understand why people like Doug and Greg did not take the easy way out of keeping this company going by selecting cheaper auditors and cheaper attorneys to handle the paperwork needed by the SEC. I imagine they wanted to do the right thing and never thought of an "underhand" way of pleasing the SEC to keep this stock going. I am sure Wang would never have dropped everyone off if he had not reached the point where what he owed attorneys and CPAs exceeded what he had in assets, and of course his Chinese advisors told him that it was better to leave everyone in limbo because there was no way for shareholders to go after him in Chinese courts!

Just take a look at MRES to see how that company has managed to fool the SEC and has remained alive with lies and gimmicks and has recycled its stock many times with the same MRES symbol but under different names.

[pack10]

I didn't realize this site was up and running. Holy Moly, How are you? I'm plenty upset about this whole deal and would like to see some legal action being taken but sure it won't happen.
FC, something I was able to find out and could be the main reason WANG decided to go this route is because of the costs involved with regulatory requirements to stay listed. The person I talked to said it easily runs 250k plus for a OTC PINK!!!

LTO, wang has to meet certain accounting guidelines with audited financials before any of the other exchanges would allow him to list his company. The question I have is, if Wang suddenly wants to meet his obligations and file audited results will our shares be worth anything? I'm not going to hold my breath however. Very, very long shot I suspect.