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nice gapper; Dragonite Internatio (DGTLF)
0.265 ? 0.26 (5200.00%)
Volume: 35,000 @ 1:11:57 PM ET
Bid Ask Day's Range
- - 0.25 - 0.265
DGTLF Detailed Quote Wiki
it was good to see some volume in the DGTLF........
probably just converting our shares but hey, volume nonetheless.......
now I'm just waiting for $1000 HK... lol
don't look now but ........
ACTION DS !!!!!
not sure wether to laugh or cry....
My shares are still locked out... they haven't converted them yet..... rrrrrrrrrrrrrrrrrghhhh
It's the most incompetent management group I have ever witnessed......
The companies you are suing get bought out before you ???
We could probably use the patents as a nice border to the wallpaper shares at this point......
Break even...
Hahaha
I wish I had this for wallpaper.
target price now around $100 US to break even on a $2 HK stock....
nice.
only 106 mil outstanding now.....
c'mon buyout !!!
time to look at the court docs again..... it may be time to try and recoup some losses on the HK market....
or it may be time to let the carcass rot....
thoughts ?
when they r/s.....
stock splits....
unusual share prices are what dragonite is famous for.... go ask alice
going on 100 no choking days !!!
flop ruyan.
Be vewwy, vewwy quiet. Stock price is slowly climbing as buying is increasing. No news on the horizon.
Do I want to see... what?
What is simple math? IMO the chronic fragments are making a mess of the communication of ideas here, if there are any in the first place. I suspect any triple zero bids are merely buy to cover orders placed by the same markets players who sold you air. Feel free to dump at any time to use as a tax loss, reload, as they say. Since when has the intelligencia worried about what the companies are really worth? I thought we have already turn coated to the easy get rich quick flipping strategy, instead of real long term investing. Simple math is not what the sharks in this pond scum use.
But then again, what the F do I know, Med?
Careful what you wish for, it could come true.
gl
i don't know.... you wanna see it ?
simple math..... what is this company worth and why are they buying at .000x
Again, translation?
It's a gray sheets stock but it appears that the bid/ask is currently, $0.001/$0.07.
There is zero volume, period. Why would any one holder feel it is their responsibility to place stiff bid support?
Holders must face the fact here of the possibility that any and all transactions which ever occurred may have been buys which were filled via short sales, rather than by a real seller, and that it takes mere cents to print any current price. That is the reality, not the smoke and mirror games played on message boards.
gl
;)
Hater wo'nt even come on to jump up the F bid.
split again....
when do we stick a fork in this one ?
I'll hold on the off chance it catches on. There's always a good write off though. sigh.
Thank you Chinese bloodsuckers.....
you got me......
I'll vape away from the market now.
Dragonite (HKG:0329) 1H NL narrows to $56M; no div
[Date:08-27-2012] Source: Infocast News
Results of Dragonite International Limited (HKG:0329) for the first 6 months ended 30 June 2012:
Net loss: HK$56.386M (HK$166.86M net loss for previous same-period)
LPS: HK 5.65 cents
Interim dividend: nil
Announced six months of operations for the period ended 6.30.12. Awful operating results, stronger balance sheet as a result of diluting shareholders- something Dragonite excels at.
http://www.dragonite.com.hk/attachment/20120824223201001489071_en.pdf
don't ever buy a stock that ends in F.... my mistake.
otherwise 329 not bad...... but no time for it.....
amurika... sucks to be a working fool with an ecig and a dream. Mom and Pop will win big here in my opinion. They can easily open a storefront to sell the shoddy T mods, but have a hidden shelf that sells the real thing.
On one hand I am glad that the T is taking charge but the other hand keeps slapping me in the face....
I'll never get it. So many rules..
All that good news (upupup) last week. And now this. Can't wait to see what happens at the opening of trading.
Might be hope for us yet...
IN DISCUSSIONS
RJR next?
Interesting article...
http://www2.journalnow.com/business/2012/jul/29/wssunbiz01-reynolds-developing-new-smokeless-produ-ar-2470175/
Up again! Do I dare hope of dreaming someday breaking even...
DRAGONITE IN DISCUSSIONS
In the last two days Dragonite stock has increased in value by 30% on volume of nearly 30% of the O/S shares. The company halted trading today (overnight) in Hong Kong and made an announcement. Here's a link to the announcement:
http://www.dragonite.com.hk/attachment/20120720200201001467656_en.pdf
Significantly the announcement includes:
"As at the date of the announcement, the Managing Director of the Company, Mr. Gary Drew Douglas is in the United States to discuss with international tobacco companies for the possible disposal of or co-operation with or introduction of new capital into the Group's Ruyan electronic cigarettes business which owns the patents of electronic cigarette technology. No definitive agreements or contracts have been signed by the Group as at the date of this announcement and the aforesaid developments may or may not proceed. Shareholders of the Company and the investing public should exercise extreme caution when dealing in the shares of the Company."
So, it appears as if Dragonite is in serious talks to one of three things: 1) sell the business (and the patents) 2) find a international tobacco company to partner with 3) get an international tobacco partner or tobacco interests to invest in the business. Given the volume and price acceleration of the past two days this news has leaked in some fashion and this announcement was required.
Remember this would be the first announcement of this type ever initiated by the Company. An earlier release in 2011 about discussions with an international tobacco company in the past was made in response to rumors and the Company was directed to make the announcement by the Hong Kong Exchange. This release is proactive and neither defensive nor reactive.
Price goes up 2 days.in a row! High volume! Trading suspended? Profit warning...
Swisher's e-cigarettes are being produced by Freedom Smokeless- the same company that produces the private label Smoker Friendly brand.
Get your proxies ready....
http://www.dragonite.com.hk/attachment/20120712164701001463565_en.pdf
issue them all then R/S
http://www.dragonite.com.hk/attachment/20120713170201001464269_en.pdf
glad we found this stock... Makes me want to throw all my old mods into the fire pit.
Once again.... My favorite pink stock analogy.. Not so sweet as an ice cold Dew but you'll get the point.
This person is a party in 12 cases.
2:11-cv-00367-GAF -FFM Ruyan Investment Holdings Limited v. Smoking Everywhere, Inc. et al filed 01/12/11
2:11-cv-06268-GAF -FFM Ruyan Investment Holdings Limited v. Vapor Corp et al filed 07/29/11
2:12-cv-05454-GAF-FFM Ruyan Investment Holdings Limited v. Sottera Inc filed 06/22/12
2:12-cv-05455-GAF-FFM Ruyan Investment Holdings Limited v. LOEC Inc filed 06/22/12
2:12-cv-05456-GAF-FFM Ruyan Investment Holdings Limited v. CB Distributors Inc et al filed 06/22/12
2:12-cv-05462-GAF-FFM Ruyan Investment Holdings Limited v. The Safe Cig LLC filed 06/22/12
2:12-cv-05466-GAF-FFM Ruyan Investment Holdings Limited v. Vapor Corp filed 06/22/12
2:12-cv-05468-GAF-FFM Ruyan Investment Holdings Limited v. Finiti Branding Group LLC filed 06/22/12
2:12-cv-05470-GAF-FFM Ruyan Investment Holdings Limited v. Barjan LLC et al filed 06/22/12
2:12-cv-05472-GAF-FFM Ruyan Investment Holdings Limited v. Spark Industries LLC filed 06/22/12
2:12-cv-05477-GAF-FFM Ruyan Investment Holdings Limited v. Nicotek LLC filed 06/22/12
2:12-cv-05482-GAF-FFM Ruyan Investment Holdings Limited v. Logic Technology Developement LLC filed 06/22/12
Big option grant coming. Looks like management and directors are about to make large option grant at HK$0.07 per share. Thinking that the grant is most likely for their patent counsel.
http://www.dragonite.com.hk/attachment/20120709181701001461663_en.pdf
Really 20:1 split again...... DAMN CHINESE!!!!!
Well aware I am of the kudos and misgivings, I actually pride myself on having those qualities, I hope, on my side as well. I could not agree more with the balanced approach to all things, all must have seen it all in order to have a full perspective of reality, for the truth is only what matters. Often I find that the truth is in the murky grey area, not black or white extremes. Much I have learned from all posters and about this dark slimy swamp underworld of cons and crooks, however keeping with the balance the good side continues to allow me to see the light, however dim. I remain hopeful that even though less than reputable CEOs run these non-reporting blunders of a corporation, the ideas are usually sound and have potential. True, stocks are not priced on hope and ideas alone, revenues and profitability are sorely needed, however I tend to think that with enough time and decent decision making by those in charge who run the show, there is at least some chance for many of these micro cap start ups to actually get a product out and make a dime for shareholders. The problem seems to be that usually there are just too many obstacles for success down in pinky micro cap world or else the ones running the show are just too inept to turn the stories around.
How many restructures does it take for Dragonite to end up with a solid balance sheet?! That is my question! I had high hopes for DGTLF but after so many years it just seems like nothing has happened, same old story, no product no revenues, etc etc. Pissed off, well, I can see why and I share your sentiments, exactly. No excuse for it, which is why so often I have considered actually taking a little trip to HK and getting in their non-english speaking faces about it. What have they done for shareholders lately? That is the question more non-performing management groups should ask themselves these days. We own them and all the assets of the company, yet they act like they are untouchables with no responsibility and can do anything they like to screw shareholders with every iteration of dilution imaginable. Balls I have, patience I have, disgust for the "business as usual" mantra I have, but what I do not have is the stomach or the mindset for taking the blue pill and waking up in my bed to believe whatever I want to believe. Its the truth or nothing and I think you share that viewpoint.
I think the "fog of reality" is easy to see through with the light of the good side. Like how roaches scatter when the lights are turned on, I think only good can come from shedding light on all of these perspectives for these ideas and companies, however there still is too much mixing of motives and intentions and it clouds the already murky "troubled waters". I agree, no one is safe any longer, and its a shame. While I appreciate how the agencies look to have been making strides to clean out the scum swamp, they have thrown the baby out with the bath water and now even mom and pop investors like us are getting the shaft. At the same time, one must realize that when getting down in the mud to play with the piggies, one is likely going to get dirty. Invest on, invest on, investor. :D
GLTY
$$$$$$$$ --> DGTLF --> -($0.00000000000000001).....
you of all people know I am genuine in my kudos as well as my misgivings... I'm done with the kudos.
These scam artists only deserve misgivings until proven otherwise.... I will not step into the snake pit any longer without first spelling out my intentions, however misguided they may seem.
If people don't like it then they should examine their own intentions and not mine.
Dragonite is the second waste of time I have encountered. A pack of Marlboros now costs close to ten dollars where I'm at. Thirty dollars of juice lasts me a month... How's that for math ?
From the Caymans to the NJ scum swamp... No one is safe any longer.. wait for the JOBS act to hit. Barry will get to the private sector before anyone.
There is no way to level the playing field any longer..... My dark side might just be the light that shines through the fog. Trade on, trade on, trader.
hate is bad, but it leads me in the right direction. There can be no good without evil. Embracing both sides is where I stand and I hope you do as well. Medman is for everyone until they go out of their way to become another.
I also believe that my time is better spent elsewhere. I could argue all day or I can go out and get shit done.. Wait until you see it. Oh, wait again, because you might never see what I do. I'm still okay with that Hater.
DGTLF just took a dump on the podium.
Pissed I am.
Only do this time.
scum swamp clean of the hands.
: )
329 sucks the life.
Newmedman - I could not agree with you more. Yet another dissapointment here. They may have the patents but without a product and brains for sound business practice, these clowns cannot seem to operate a company and become profitable. Indeed, the jokes and laughs are over, the shareholders are not joking anymore. Its not funny any longer and these clowns need to know that shareholders are no longer laughing, they are getting their pitch forks out like the good old days. Forget trips to Hong Kong, it looks like its all about the Cayman Islands!
The dark cesspool pinky market is indeed full of sharks but it seems the real difficulty is deciding which crony group of s-bags are working to position themselves from behind, the insiders/CEOs or the penny message board hater traders. Each group points the finger at each other all the while the legal system sits impotent watching the show. If one group looking to fist F the little mom and pop investor does not get at the cheese, the other group will. I guess its just how the "deck is stacked". :(
In this day and age though, retail investors should still be able to at least read a public filing and official press release from a pink stock and assume it states facts and the truth, otherwise, if its all just smoke and mirrors every time, why haven't all of the stinkies been put down by now? I for one, tend to think there is still hope, and that there are only a few (or maybe quite a few) bad apples but that there are still legit investment opportunities down in the depths of the prehistoric dog chit under the NJ scum swamp.
GLTY
I was just joking the other day when I asked when the next R/S would be. You think Alice will get back in now ?
This is becoming the worst joke ever to be written. It might be funny when I tell the story to others, but I sure ain't laughing anymore. Man I thought the SEC had problems, this is the Hong Kong exchange for crissakes !!!!
3 R/s in two years, and two in just the last 6 months ??????????
I'm sure glad they have the patent for the ecig......
When they open their office in the states, they're going to get a side of Medman that will make my unanswered mail to China look like child's play...... Maybe Elite Yoda will not have to fly to China either to get a piece of Dragonite's ear.
I've been venting my frustrations at another poorly run pos pink sheet (sort of)ecig stock. These folks down at Dragonite make that stock look like a fortune 500 company.... crazy crazy $hit man.
Mom and Pop forever....... private investments only for me anymore when it comes to niche plays.
These penny stocks are for the traders period. Hong Kong can kizz mye azz too.
In a word...
ReasonsforCapitalReorganisation PursuanttoRule13.64oftheListingRules,wherethemarketpriceofthesecurities oftheissuerapproachestheextremitiesofHK$0.01orHK$9,995.00,theStock Exchangereservestherighttorequiretheissuereithertochangethetradingmethod ortoproceedwithaconsolidationorsplittingitssecurities.Inviewoftherecent tradingpriceoftheShares,theBoardproposestoeffecttheShareConsolidationin ordertocomplywiththetradingrequirementsoftheListingRules.TheCapital ReductionwillenabletheCompanytoapplythecreditarisingfromtheCapital Reductiontoeliminateitsaccumulateddeficitwiththebalance(ifany)tobe transferredtoadistributablereserveaccountoftheCompanytobeappliedinsuch mannerastheDirectorsconsiderappropriateandinaccordancewiththearticlesof associationoftheCompanyandallapplicablelaws
Here comes another reverse split- they're getting good at it:
http://www.dragonite.com.hk/attachment/20120629194701001455436_en.pdf
Oh my.....
Well no wonder they need to set up an office in the states...
If I never see a dime of ROI here, the story has been very fun to watch. Suing everybody for a product that you don't currently market in the US. This is classic cat and mouse...
Big Analog will squash Ruyan like a grape, or will they ??? They had to know this was coming right ?
How much longer until the next R/S ???? Where's my fuggin royalty cheque ????
A Chinese company holds all the valuable US patents to ecigs...
A Japanese/Euro pharm company is the only one in phase 3 US FDA trials for cannabis as medicine...
Such a great country we live in where they tell us it's no good and then grant patents and approvals to foreigners.... Makes me wonder who's really pulling the strings sometimes. It also makes me wonder why I salute our Flag.... I digress.
Thank you so much for the great find Mr. K .
Nice sites too.... I've been working so much lately that I haven't had time for my DD on my losing investments. When I get a chance I'll put together something from pacer......
Go DGTLF.... There's still a flicker of hope. I might get an account and buy the 329 now. Might find my way out of this Chinese basement yet lol......
Note that the defendants include blu cig, who is being acquired by Lorillard, and Spark Industries LLC- the manufacturer of the e-cig exclusively marketed by Kretek. All I can surmise with respect to blu cig is that the settlement that was announced in April- just prior to the Lorillard announcement- was a settlement that was exclusive to the patents granted in November of 2010- but I cannot be sure of that. Also note that both Vapor Corp. and NJOY have been sued under the new patents- after having been sued under the earlier ones, as well.
1. Barjan LLC- markets Mistic E-cigarette
2. CB Distributors- markets 21st Century Smokes E-cigarette
3. Finiti Branding Group- markets FIN E-cigarette
4. LOEC, Inc.- does business as blu Cig!!!
5. Logic Technology Development Co.- markets Logic E-cigarette
6. Nicotek Development Co.- markets Metro E-cigarettes
7. The Safe Cig LLC- markets The Safe Cig E-cigarette
8. Sottera Inc.- markets NJOY E-cigarettes
9. Spark Industries LLC- markets CIG20 E-cigarettes- a private label brand exclusive through Kretek, a large, independent tobacco distributor
10. Vapor Corp.- markets Fifty-One, Krave, VaporX, EZ Smoker, Green Puffer, Americig, Fumare, Hookah Stix and Smoke Star- E-cigarettes
Oh, a complete set.
http://www.hkexnews.hk/listedco/listconews/sehk/2012/0626/LTN20120626415.pdf
Or a set of luggage.
http://news.priorsmart.com/ruyan-investment-holdings-v-spark-industries-l6i4/
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Dragonite International, producer of "Ruyan E-Cigarette", is the inventor and sole owner of the patent for "Electronic Atomization Cigarette" in:
1. Chinese Patent Office in 2003
2. European Patent Office in 2007
3. US Patent and Trademark Office in 2010
Dragonite International is aggressively enforcing its rights and pursueing numerous patent infringement cases. This includes:
January 2011: Dragonite has filed patent infringement cases against most major US-based e-cigarette companies including Njoy, Blu, and Smoking Everywhere. Dragonite's US cases is represented by a top American Law firm. | Court Filing
May 2011: Update - 4 defendants have been officially summon to appear within 21 days.
June 2011: Update - US Court enters default judgement against Smoking Everywhere and Instead.
August 2011: Update - Dragonite files more complaint, and now suing nearly the entire US E-Cigarette industry, encompassing 6 more companies, including Janty and Intellicig.
August 2010: Dragonite has won court ruling on infringement case against Loong Totem E-Cigarette Science & Technology Co. Ltd. | Story
May 2009: Dragonite has won court ruling on infringement case against Shenzhen Islion Technology, an e-cigarette manufacturer in China. | Story
January 2009: Dragonite has won court ruling on infringement case against another e-cigarette manufacturer in China. | Story
-- Patent application approved in USA
The board of directors is also pleased to announce the approval of its patent application for the "electronic atomization cigarette" (commonly known as the "Electronic Cigarette" or "E-Cigarette") in the United States by the United States Patent and Trademark Office. [USPTO patent app. number 10/587,707]. The Company has many patents, however this patent constitutes the Company's core invention patent which covers all key components and functionality of the Electronic Cigarette including the battery, vaporization mechanism, activation switch, and flavor cartridge. The inventor of the Electronic Cigarette, and the "first named inventor" as stated on the above-referenced USPTO approved application is Mr. Hon Lik, an Executive Director and co-founder of the Company. Dragonite's core invention patent has already been granted in many major countries including all EU countries, Russia and the former Soviet republics, China, Malaysia, Taiwan, India, Mexico, Singapore, and Israel. As the USPTO is considered by many patent experts to represent the "gold standard" for patent legitimacy and validity, the Company is pleased with this news.
Commenting on the patent approval, Mr. Wong Yin Sen, Chairman of the Company, said, "As the inventor of the Electronic Cigarette, product quality has always been our top priority. This patent approval will help eliminate inferior product imitations and ensure high quality and safe products in global markets. We foresee a bright future for the Electronic Cigarette and Dragonite"
The Company has already won several patent infringement cases in mainland China and now has the resources to proactively defend its intellectual property rights in global markets.
SOURCE: Dragonite International Limited
Independent Research: E-Cigarette Health Report
by research firm Health New Zealand LTD
This report aims to assist regulators in initial assessment of the safety of the ® e-cigarette and its cartridges, and the possible risks and benefits from permitting Method. and commercial laboratories in New Zealand and Canada to independently performvarious tests on the Ruyan cigarette's nicotine refill cartridge.Health New Zealand Ltd contracted with seven leading government, university Findings. test results confirm this is the case. It is very safe relative to cigarettes, and also safe in absolute terms on all measurements we have applied. Using micro-electronics it vaporizes, separately for each puff, very small quantities of Ruyan® e-cigarette s designed to be a safe alternative to smoking. The various nicotine dissolved in propylene glycol fine aerosol. Each puff contains one third to one half the nicotine in a tobacco cigarette's puff. The cartridge liquid is acco-free and no combustion occurs. , two small well-known molecules with excellent safety profiles, - into a Competency. reports in national and international scientific medical journals since 1995, on smoking, and latterly on testing of cigarettes and cigarette substitutes.
By Dr. Murray Laugesen, an experienced New Zealand researcher on cigarettes and smoking policy. He has authored over 30 other research papers.
Product Summary
RUYAN electronic cigarettes, cigars and pipes and their associated replaceable cartridges provide the pleasures of smoking without the associated dangers. RUYAN products fully simulate the entire smoking experience and are far more appealing than any of the existing alternatives on the market. RUYAN products provide similar enjoyment of smoking without tar and carbon monoxide and the other dangerous substances that are released in the burning of tobacco.
RUYAN was deemed one of the best 10 business ideas of 2007 by Business 2.0 Magazine in August, 2007.
Our latest products, RUYAN Vegas® and RUYAN e-Gar®, look and feel like real cigars and reinforce RUYAN's development in fast-moving consumer goods. These products offer a new opportunity to retailers, bars, restaurants and other businesses, to take advantage of the new smoking-bans. With their competitive price-points and other appealing features, partners have sensed the opportunity in RUYAN Vegas® and RUYAN e-Gar®, and sales are ramping up quickly.
Ruyan is the original inventor of the e-cigarette and has registered 10 patents around the world. Ruyan began to form the idea for the electronic cigarette in 2000. In 2003, SBT was established, and the first patent was registered in the same year in China. The company has conducted safety tests (including those for toxicology) in both developed economies and in China, and the results have all shown that Ruyan products are safe under normal use.
To date, Ruyan has sold more than one million units of electronic cigarettes through our partners in North America, the United Kingdom and Ireland, the Benelux, Turkey, Australia/New Zealand, Korea, Israel, Romania and here in China.
Corporate Summary
Golden Dragon Group (Holdings) Limited (Stock Code: 0329) has been listed on the Main Board of the Stock Exchange of Hong Kong Limited since April 2001 and changed the company name as "Ruyan Group (Holdings) Limited" on November 2007. The Group is principally engaged in the production and sale of health care products, pharmaceutical products and electronic cigarettes. The Group also researches and develops a series of other healthcare and pharmaceutical products for future production.On June 2007, the Group has acquired entire shareholding of Best Partners Worldwide Limited (currently known as "SBT Investment (Holdings) Limited"), which engaged in the manufacturing and sales of electronic atomizing cigarettes. The Group takes an active position in developing the domestic and overseas markets under the brand name of "Ruyan" it will greatly expand the scope of business and enhance the long term development of the Group.
Ruyan Group (Holdings) Limited is an investment holding company. The Company and its subsidiaries are principally engaged in production and sales of a series of health care products, pharmaceutical products and RUYAN atomizing cigarettes. The Company has three business segments: health care products, pharmaceutical products and Ruyan atomizing cigarettes. The Company's subsidiaries include Chenlong Group Limited, Jian New Wellon Ginseng Industry Co., Ltd., New Wellon Limited, Shenyang Chenlong Longevity Ginseng Company Limited, Shenyang Jinlong Health Care Products Company, Success Century Holding Limited and Ruyan Group (Hong Kong) Limited.
World Wide headquarter and Sales Address: 11F Xincheng Commercial Building, | Hong Kong Administrative Address: 15/F, Hong Kong and Macau Building |
Interim Earning Report 2010 | Capital Reorganization Document | http://www.bloomberg.com/quote/2995:HK | HK0329 News
Pantent Infringement Cases Pending.
Complaint for U.S. patent infringement Jan. 14, 2011
Additional Complaint added Defendent Sottera Inc. maker of NJOY. Jan 24, 2011
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