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CSWG SEC Suspension for delinquent Financials / Filings:
https://www.sec.gov/litigation/suspensions/2016/34-79504.pdf
Order:
https://www.sec.gov/litigation/suspensions/2016/34-79504-o.pdf
Admin Proceeding:
https://www.sec.gov/litigation/admin/2016/34-79505.pdf
share price is not the key,
number of shares multiplied by the single share price IS
never compare share price on micro markets cos it gives you nothing, what you should compare is CAP
what if share price drops but CAP rise? of course - dilution and scam option very likely
This is so undervalued it ain't funny !! read financials and this stock sould be in 2 3 dollar range amazing numbers !!i love a good polk chop !! LOL
This is so undervalued it ain't funny !! read financials and this stock sould be in 2 3 dollar range amazing numbers !!i love a good polk chop !! LOL
Highest vol ever for this and up .04
hmmmmh
MK
It's the Chinese stigma, lol
was trading at 5.00 in march
2011/03/10 2.50 5.10 2.50 4.25 4,270
there are all kinds of warrants out, at higher prices
though
all in the 10Q, long read
something s not right
MK
Worth a gamble. If they are legit, they will soar in time.
Agree, dollars
wtf
getting in
MK
Popped to .45 from .22 yesterday on their huge earnings. Problem is, they're Chinese. They show huge earnings and revs, but folks were scared away after all those Chinese companies got caught juicing up their reports.
The legit ones will rise at some point. By their earnings, this one should be trading at several dollars.
From the most recent Q;
Equity per share - $3.00
EPS - .74/.67 basic/diluted
Revs - 54 mil
Net earnings - 18 mil.
From the Annual report in September;
Equity per share was $2.30
EPS was $1.64/.$1.40
Revs - 99 mil
Net Earnings - 36 mil
the mysteries of penny land
.45s hitting now. Nice little uptrend.
Being Chinese has something to do with it.
someone has to explain to me how a company that makes almost 100million with 30 mil OS and the pps is .22????
CSWG Wowzer, Quarterly EPS of .74/.67, Basic/diluted. I guess the being a Chinese Company is affecting this one. Currently .22.
Nice earnings just reported. 0.36 per share. This stock is undervalued currently.
there we have it: 10.9 on 4,346 volume on friday.
today a bit slow with no trade until now
LOL... just wondering if they will ever give them to me... And when they do the pps will probably be 32 cents!
You ought to thank them, otherwise you might have sold @ $2. I sold at $3 =(
Scottrade still hasn't given out round up shares :(
Was given roundup shares yesterday in this but not wanting to sell at their bid... Did the mm's find out everyone getting their roundups so dropping the bid?
wrong board...sorry
wrong board...my mistake
Thanks!
It'll be interesting to see if we can trade at $10+ on this one, brings back great WUHN memories =)
I have two accounts with different brokers. One of them got the roundup shares yesterday. The other one has not. It looks like they are actually crediting the shares as it said in the 10K.
now if this would only trade(!) near it´s real value.
!double digits!
WOW! very generous majority shareholder:
As a result, at June 30, 2009, we had no long term debts. We did, however, owe $11,169,236 to our majority shareholder, Ligang Shang, representing funds he loaned to Advanced Swine during our development period. At the end of the recent quarter, however, Mr. Shang agreed to waive his right to collect that sum, and contributed it to the capital of the Company. Accordingly, our working capital increased by the amount of the cancelled loan, as did our paid-in capital.
Our working capital, therefore, at September 30, 2009 totaled $24,744,674, an increase of $14,865,702 from our $9,878,972 in working capital as of June 30, 2008. The increase was approximately equal to sum of the debt cancelled by Ligang Shang and our net income, $3,560,475 for the quarter ended September 30, 2009.
generous to us small time holders....
annualized this would be .72 EPS and they plan to at least triple that (with NO debt now and then) in 2011...
+125% EPS, +93% revenue
EPS $49.04 per share this quarter!
on 72,598 shares outstanding and presumeably free trading.
of course fully diluted only 0.18 on 20,031,181 shares...
YES! in the 10q from yesterday it says on different paragraphs what we expect: 1-100 shares after split become 100, less than one gets 5.28.
now we have it from the company directly, not only from a broker.
sadly, i haven´t been paid the shares, but my broker still shows APRBXZ, so we´ll have to wait a little bit longer...
Anyone heard anything new about the status of the roundup shares?
I sent an email to the transfer agent and he replied that I would be entitled to the roundup. Unstated was: when they will be put in my account, and who is responsible for providing them. I'll contact my broker and see what he says.
Wow, you're right, I never noticed the "multiplied" part.
I could have skipped the roundup risk and taken $121 instead.
well, they said "the Company will purchase any fractional share resulting from the Reverse Split for the fair value of such fractional share (equal to the average of the closing price of a share of the Company’s common stock during the ten consecutive trading days ending on the Effective Date, multiplied by the applicable fraction)"
strange if they now pay for every fractional share, be it 1/24 or 23/24, 5.28. but why would that be useful for you?
I don't know the difference between a "record holder" and a "shareholder", but I have held these shares since 1985 when Apogee was actually making robotic devices for factories and prisons. If nothing else, I can claim to be a "longevity holder"!!!!
> sorry, but it was. in both.
I just searched again, and the $5.28 per share fractional share payout is not in the PRE or DEF doc. It's only in the 10K. I wish I had seen that info.
> i was wondering why they were allow to post the DEF14 after the split...
Same thing here, I don't like the way that companies are being allowed to bend the rules. It screws us over.
i had APRB as an old round up on my list, too. but i didn´t play it then. guess it wasn´t a good(big) one. funny to see a company doing it twice. hopefully this time they keep their promises. it was just too detailed in the filings to be some sort of "accident"...
>> in the case of each shareholder who held less than one whole share or held 100 or more shares after the Reverse Split, the Company will purchase any fractional share resulting from the Reverse Split for $5.28 per share.
>This info was not in the PRE 14C or the DEF 14C... So if you held 23 shares of APRB, they are going to pay out $121.44?
sorry, but it was. in both.
Also:
>> Effective on September 30, 2009
>The split wasn't effective until a few days ago... Are they trying to screw us over?
don´t know about that. but FINRA sets the date. you´re correct.
i was wondering why they were allow to post the DEF14 after the split... and talking about crazy stuff, i just today came across a shareholder voting about splits that already happend two years ago!!! how can that be?
Glad to get some good news... I hate the fact that you have to put so much time/effort into these things just to make sure that the company keeps it's word.
Apogee was supposed to do a 50 share roundup last time, but they flat out would not honor it. OptionsXpress was the only broker who got shares. I spoke with Micheal Anthony's wife (the shell owner at the time), and she flat out said they weren't going to be doing that, even though it was in the documentation.
I'd better make my money back on these roundups, I bought 23 extra shares just so that I would qualify for them...
this is from my broker this morning:
"I have confirmed the details of the split with Penson and you are correct. However, DTC has NOT paid out the 99 shares and therefore, Penson has not deposited them into your account. As soon as the shares are paid out they will be allocated to your account."
i see green lights...
Re: Roundup Shares
The first response from my broker was that they are claiming you have to be a Record Holder in order to get the roundup shares. This is not stated anywhere in the documentation at all, but rather says "Any shareholder".
I think we're going to have to fight this one, so make sure and stay on your broker, or call the Transfer Agent (Old Monmouth 732-872-2727) to get the straight story.
> in the case of each shareholder who held less than one whole share or held 100 or more shares after the Reverse Split, the Company will purchase any fractional share resulting from the Reverse Split for $5.28 per share.
This info was not in the PRE 14C or the DEF 14C... So if you held 23 shares of APRB, they are going to pay out $121.44?
Also:
> Effective on September 30, 2009
The split wasn't effective until a few days ago... Are they trying to screw us over?
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CSWG: China Swine Genetics, Inc.
China Swine Genetics, Inc.
222 Babcock Street
Suite 3B
Brookline, MA 02446
Phone: 617-905-3273
A/S: 300,000,000
O/S: 20,031,181 11/13/2009
Quarter ending September 2009: (in US-$)
Revenue: 21,895,508 (+90%)
Net income: 3,560,475 (+132%)
EPS: 0.18
Significant Events:
As a result, at June 30, 2009, we had no long term debts. We did, however, owe $11,169,236 to our majority shareholder, Ligang Shang, representing funds he loaned to Advanced Swine during our development period. At the end of the recent quarter, however, Mr. Shang agreed to waive his right to collect that sum, and contributed it to the capital of the Company. Accordingly, our working capital increased by the amount of the cancelled loan, as did our paid-in capital.
Future: (currently breeds 300,000 hogs)
Our business plan contemplates that we will invest approximately $15 million dollars on expansion of our facilities and increase in the roster of our franchisee farmers, in order to reach our goal of producing one million commercial hogs in 2011.
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