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Dragonite International Ltd. changed to OCI International Holdings Ltd.
http://otce.finra.org/DLSymbolNameChanges
Looks like this stock is finally turning the corner...its about time...earnings should be interesting.
Is this finally where we wanted to be?
well at least it is gaining in my account. what ever we own
Lol I had a lot more until the split. Can't sell cause it's on the greys...
not sure, but i have the same
Wtff is up with this company.... Still in with 50 shares...
Light at the end of the tunnel ? Brother, I hope so... I hope all is well for you and all others still concerned here too...
UNUSUAL SHARE PRICE MOVEMENT AND RESUMPTION OF TRADING
http://www.dragonite.com.hk/html/ir_announce.php
actually I knew the son of the guy who invented the "pop top". He worked for Reynolds at the time and was immediately bought out for a paltry amount of cash and benefits.... successful life, but no recognition..
Tell Hon to take a look at Crapper, Edsel, Whitney, Tesla, and even good ole' Henry Ford (Hemp World) for examples...
and then take a look at Alice and Drew..... The mismanagement here has gone beyond recognition, even by shitty Chinese stock standards...
I hope he can hang them out to dry...
Thanks ds...
Me too! 50 shares... Lol I think I started with 50k. This thing still trading on the greys?
,,,,,,,E-cig patents worth Millionssssssss????????--MONEYMADE
If only Hon Lik had read this board. If Dragonite had only listened to customers. If only...
p.s. It's been a slice. Nice chatting with you guys.
Dragonite is getting PAID !
75 million U.S.!
http://www.dragonite.com.hk/attachment/20130821224702001720556_en.pdf
Here's the buyer...
http://www.imperial-tobacco.com/index.asp?page=33
I should have seen this coming, I was wondering who was going to pony up for those patents...
story from May.
http://www.ecighub.co.uk/imperial-tobacco/
recent coverage..
http://www.tobaccotoday.info/author/eciginsider/
also the B/A in DGTLF is spot on with a 1.50 HKD = .194 USD, the price that the 329 currently stands.
so much for dollarland ....
I wonder why the Chinese lemming traders aren't scarfing this deal up ? There's only 211 million shares outstanding in the 329 stock.... the company is about to realize 581,250,000 HK dollars... at 1.50HK it isn't even trading at half of the book value lol...
what a P I G...
on the same token.
If someone wanted to take a shot at the .001 bid that would probably be one heck of a buy if the deal goes through...
just throwing it out there, lol...
I put mine in for 10 bucks, about what I initially invested(and a little more), according to my unrealized loss...
The current ask is 999 so I figured my price is a bargain lol.... If the big news hits and someone goes to buy on impulse, I think, in theory, we should be the first in line with a sell in place.
I have no idea if it will work or not, but it's worth a shot because we know that someone is buying the Ruyan brand from Dragonite and trading has been suspended in Hong Kong for this reason. Why we are able to place orders in DGTLF, I don't know but I did.
I might have to go significantly lower and take a loss too, but either way I want to get out when they sell out.... and I hope it's a big boy... the patents are where it's at for us. hopefully a few dollars is not out of the question.
Do you know that Blu-Cigs made Lorrilard's profit jump 10% last Q ?
i am down to 5o shares now after all the splits. what would be a good gtc you htink
Even though trading is suspended for the 329 HK stock, I was still able to put a GTC sell order in through scottrade for DGTLF
I put it in high enough to get my losses back if it were to hit. You never know, if they announce a blockbuster deal the price could skyrocket in the short term.
I'm not holding my breath but I think it is worth the shot to see if someone else will see any value here when HK trading opens back up.
I remember one poster here who had a GTC order in that hit and they got their money back before the last R/S....
Perhaps a couple more of us could get lucky ?
of course we might have to hire a promoter lol.... Just Kidding..
GLTA...
The B/A today on Scottrade is .155/.18...
I don't think we would get stock of anyone else. It looks more like a buyout where Dragonite would receive a lump sum payment for it's ecig biz and intellectual property...
Unless it goes differently they might issue a dividend or just report it as revenue....
Either way I'm going to finally cut the cord on this pos once the deal is announced...
Once the ecig biz is gone there's no need to hope for this company any longer for me.
That is if I can even sell my shares in this illiquid garbage of a stock.
so is this going to benefit us you think? as shareholders? will we get stock of who ever buys i wonder...
This morning Dragonite announced that it has reached an agreement to sell its e-cigarette assets and asked the Hong Kong Stock Exchange to halt trading pending an announcement.
SUSPENSION OF TRADING
As announced by Dragonite International Limited (the “Company”, and together with its subsidiaries, the “Group”) on 1 August 2013, the Company has been engaged in discussions relating to the possible disposal of the Company’s electronic cigarette business in whole or in parts. On 14 August 2013, the Group and the buyer have entered into the Sale of Assets Agreement for the disposal of the Group’s certain assets relating to the electronic cigarette business (the “Disposal”).
The Disposal will constitute a very substantial disposal for the Company pursuant to Chapter 14 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. At the request of the Company, trading in the shares of the Company on The Stock Exchange of Hong Kong Limited will be suspended with effect from 9:00 a.m. on 15 August 2013 pending the release of an announcement in relation to the Disposal.
By order of the Board
Dragonite International Limited
Gary Drew Douglas
Managing Director
we might get something, but I don't think the PPS will shoot to 3-5 dollars so we could break even...
Like you, I'm a big bagholder here.. 600 shares... Never should have been listening to others about this pos.
I don't even want to try to average down with R/S's happening every year. I thought the court settlements would give them a boost but it did nothing.
Even if they get money for Ruyan, they will probably just piss it away in the market again like they have done to the tune of millions in the last few years.
I chalk this one up to my second biggest mistake next to buying SFIO a day before it was locked ( I had already exited ).
I don't think we'll ever see a stitch of returns here either, but you never know.
so does this mean we get anything from the sale? i am now at 50 shares down lots after reverse splits
Po s s i bl e Di s po s a l o f El e c t ro ni c Ci g a re t t e Bus i ne s s
Du r i n g t h e Ye a r, t h e Co mp a n y e n g a g e d a n i n t e r n a t i o n a l i n v e s t me n t b a n k t o a d v i s e t h e
Co mp a n y o n t h e p o s s i b l e d i s p o s a l o f t h e e l e c t r o n i c c i g a r e t t e b u s i n e s s i n wh o l e o r i n
p a r t s ( t h e “ Po s s i b l e Di s p o s a l ” ) . Th e i n i t i a l c l o s i n g d a t e f o r t h e b i d wa s 2 2 Ma r c h
2 0 1 3 . As a t t h e d a t e o f t h i s a n n o u n c e me n t , t h e Co mp a n y h a s t e n t a t i v e l y r e c e i v e d o n e
b i d f o r t h e i n t e l l e c t u a l p r o p e r t y a s s e t s o n l y a n d t h e Bo a r d i s c o n s i d e r i n g e n t e r i n g i n t o
a n e x c l u s i v e a r r a n g e me n t wi t h t h i s p o t e n t i a l b u y e r f o r a p e r i o d o f 3 0 d a y s . Th e
Co mp a n y ma y c o n s i d e r t h e b i d s f o r o t h e r a s s e t s i n t h e f u t u r e . Th e Bo a r d h a s n o t y e t
c o n c l u d e d t h e f o r m o f t h e Po s s i b l e Di s p o s a l wi t h t h e p o t e n t i a l b u y e r ( s ) a n d h o p e f u l l y
t h e s a l e s a n d p u r c h a s e a g r e e me n t c a n b e r e a c h e d . No d e f i n i t i v e a g r e e me n t s h a v e b e e n
s i g n e d a n d t h e Po s s i b l e Di s p o s a l ma y o r ma y n o t ma t e r i a l i z e .
LOL.... top of page 25
http://www.dragonite.com.hk/attachment/20130325224701001612729_en.pdf
Great...
and to celebrate our court victory we will be announcing another R/S in the coming months... Thank you for your continued support while we continue to steal all of your money that you invested in us..
lol...
I'll see if the court documents list the settlement agreements... I'd like to know what these patents are worth since they just announced 3 more...
Now they can drag everyone back to court again.
I promised myself last time I would not bite again.
http://www.4-traders.com/news/Dragonite-International-Limited-Announcements-and-Notices-Revised-Expected-Timetable-for-the-Pro--15586771/
AGAIN!!!!!!!!!!!
http://www.quamnet.com/newscontent.action?articleId=2490668
Nope. But I expect an announcement soon. If they don't make a move now, big T will take over the disposable market with new patents, mom and pop shops will control mods and Ruyan will die. Of course, given my track record on this stock, I could be completely wrong.
any idea what is going on?
And now selling...
I still have 750... lol.. I just don't know if I will ever be able to do anything with them..
If it wasn't for the MJ companies and my real world stocks, I wouldn't be laughing about this....
It will make a nice write off for me if I can coax someone into buying them.....
Since DGTLF has been revoked, that will make it a bit harder.
Their website is updated
http://www.dragonite.com.hk/attachment/20121031121701001526555_en.pdf
Parallel trading in the Adjusted Shares (in form
of new and existing share certificates) begins . . . . . . . . . . . . . .9:00 a.m., Thursday,
15 November
http://www.dragonite.com.hk/attachment/20121031121701001526555_en.pdf
wow down to 50 shares now, funny i used to have 20000 at one point.. DRGINT= DRAGONITEINTERNATIONAL pos
Wow. That's something we haven't seen before. Could it have something to do with the kerfuffle over the auditor not signing off on the last audited statement? Or they made some secret deal they are hiding from shareholders? I wouldn't put anything past them given their track record. Maybe our nightmare is over...
GAME OVER.... WTF ?????
Thu, Nov 08, 2012 12:00 - Dragonite International, Ltd. (DGTLF: Grey Market) - Deleted Symbol - As of Thu, Nov 08, 2012, DGTLF is no longer a valid symbol. You may find a complete list of deleted symbols at otcmarkets.com.
DRGINT ???
Ha Ha...
Every stock gaps when they reverse split......
For fun we did it twice this year !!!!!
GO DGTLF
only $99.735 to go........ slap that ask !!!! lol
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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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