Sutor Technology Group Ltd fka TORZ

[dounome]

I guess thats it.

[Renee]

TORZ revoked registration:

https://www.sec.gov/litigation/admin/2018/34-84909.pdf

[dounome]

Last year.

[elkonig]

October 25th TORZ is revoked by the SEC.

[dounome]

okay

[emailcheque]

waiting for 0,0001 ore lower to buy more shares , nice products custermers will coming .

[dounome]

Im just talking to myself until someone show up. this could get interesting. just under 9m shares.China big steel Co.

[dounome]

Or is dumb trump stopping them.

[dounome]

is trump taxing china steel.

[dounome]

What is the trump adm doing with chinse steel.

[dounome]

I think I'll jump in here.

[Renee]

TORZ SEC Suspension for delinquent Financials/Filings:

https://www.sec.gov/litigation/suspensions/2017/34-81576.pdf

Order:

https://www.sec.gov/litigation/suspensions/2017/34-81576-o.pdf

Admin Proceeding:

https://www.sec.gov/litigation/admin/2017/34-81575.pdf

[kindama]

What gave you that idea?

[f7455dm]

I think TORZ is updating 10K and 10Q's next week.

[f7455dm]

Also where is the 10K amd 10Q's. This was a company that reported .

[f7455dm]

Does anyone know why most of the trades are buys? It has raised the price to .30.

[Renee]

TOR changed to TORZ. Delisted from the Nasdaq to the OTC:

http://otce.finra.org/DLAdditions

[todboyd]

Same lol

[kindama]

Lgsteel is a related party btw - they failed to mention it in their PR.

Sutor has had a steel ecommerce business for several years
http://jinying365.com/

It looks like a strong offering, but everything in China is very competitive. A few steel eocmmerce companies are listed in China and trading at super-high valuations

[wickerman]

TOR remember the LOI with Lgsteel that has over 1 million users

[kindama]

Hard to express any strong view about TOR until they finish their 6/30 financials. Was probably held up by the SEC review that concluded in December.

[Drewjamessb]

Well sure as hell not today! Picked up some at .75 yesterday before that move up and held like a fool

[kindama]

People are trying to hype it as the next GSI. Possibly correct.

[Drewjamessb]

Anyone still here? This volume is something new and big swings

[kindama]

They gotta finish their 10-K

[Dalegend27]

I can't believe this board has been dead for 5 months. What happened?

[Timothy Smith]

I think I agree with most of what you said. Going to be some low points but in hindsight may be seen as attractive.

[TechKim]

China needs steel. Specialize steel. Global market cannot build without good steel.

Shareholder value might have got tarnished, but not completely destroyed. Year over year comparisons are not likely to look favorable. I would tend to believe we will look from quarter to quarter for the time being.

Opinion

[Timothy Smith]

@Tech - interest perspective. The decline seems like it will reverse in coming quarters so could create some attractive price points.

[TechKim]

The customer flips the bill for the raw materials which now is not reflected on the books, as I understand it. So of course year over year figures will be off.

SUTR is still in the market place and their products continue to sell.

OPINION ONLY

[Timothy Smith]

Sutor Tech (NASDAQ:SUTR): FQ3 EPS of -$0.06

Revenue of $21.1M (-78.1% Y/Y)

[minkj115]

People need to start investing and holding onto this company. it is a company at a very reasonable pps. being greedy and trying to jump off some change is only going to keep this rate.

How bout you read into the company, buy and hold onto it and come back and look at it a few months later, you will be happier

[TechKim]

Momentum got stalled some time ago after a auditing disagreement which brought on share price depression, along with a less than favorable earnings report.

So momentum is slowly being earned back. Hopefully the share price, will also respond.

[minkj115]

PEG below 1.00. Good time to by in, Oil prices dropping, steel and raw material manufacturing companies will benefit. Buy in up until ~0.90 is what im doing, hopefully my volume increases some confidence into this comp.

[Ocean View]

Nice! LOI for Shanghai Huaye. See where it goes.
To think I had this on my unload radar.

[TechKim]

Getting it up over a dollar would be a relief, if not more.

[Ocean View]

Hope this 8-k helps. Good to see SUTR trying to rebound from the beat down.

8-K 1 v395271_8k.htm 8-K CURRENT REPORT







UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington D.C. 20549



FORM 8-K

CURRENT REPORT



PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934



Date of Report (Date of Earliest Event Reported): November 20, 2014



SUTOR TECHNOLOGY GROUP LIMITED



(Exact name of registrant as specified in its charter)



Nevada 001-33959 87-0578370
(State of Incorporation) (Commission File No.) (IRS Employer ID No.)



No. 8, Huaye Road

Dongbang Industrial Park

Changshu, China 215534



(Address of Principal Executive Offices)



(86) 512-52680988

Registrant’s Telephone Number, Including Area Code:




(Former name or former address, if changed since last report)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):



¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
















Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.



On November 20, 2014, Sutor Technology Group Limited (the “Company”) received notice from the Listing Qualifications Department of The NASDAQ Stock Market indicating that the Company does not comply with Nasdaq Listing Rule 5250(c)(1) because the Company has not yet filed its Form 10-Q for the period ended September 30, 2014 (the “Form 10-Q”), and because, as previously announced, the Company has not filed its Form 10-K for the fiscal year ended June 30, 2014 (the “Form 10-K”).



Pursuant to the notice, the Company has until December 15, 2014 to submit a plan to regain compliance with respect to these delinquent reports. If Nasdaq accepts the Company’s plan to regain compliance, it may grant an exception of up to 180 calendar days from the due date of the Company’s Form 10-K, or April 13, 2015.



The Company issued a press release on November 25, 2014, disclosing receipt of the notice letter. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.



Item 9.01. Financial Statements and Exhibits.



(d) Exhibits



Exhibit Description
99.1 Press release dated November 25, 2014.













SIGNATURES



Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Sutor Technology Group Limited



Date: November 25, 2014



/s/ Lifang Chen

Chief Executive Officer













EXHIBIT INDEX



Exhibit Description
99.1 Press release dated November 25, 2014.










Exhibit 99.1





Sutor Technology Group Limited Receives NASDAQ Non-Compliance Letter Due To Delay In Filing Quarterly Report on Form 10-Q



CHANGSHU, China, Nov. 25, 2014 /PRNewswire-FirstCall/ -- Sutor Technology Group Limited (the "Company" or "Sutor") (SUTR), one of the leading providers of fine finished steel products and services used by steel fabricators and other applications in a variety of industries, today announced that it received a letter from the Listing Qualifications Department of The NASDAQ Stock Market, on November 20, 2014 (the "Letter"), informing the Company that it does not comply with the Nasdaq continued listing requirements set forth in Nasdaq Listing Rule 5250(c)(1), which requires the timely filing of periodic reports because the Company has not yet filed its Form 10-Q for the period ended September 30, 2014 (the "Form 10-Q"), and because the Company remains delinquent in filing its Form 10-K for the period June 30, 2014 (the "Form 10-K").



The Company has until December 15, 2014, to submit a plan to regain compliance with respect to the above delinquent reports. The Nasdaq Listing Rules provide that the Staff can grant the Company an exception of up to 180 calendar days from the filing's due date, or until April 13, 2015 to regain compliance if Nasdaq accepts the Company's plan of compliance.



As previously reported by the Company in its Form 12b-25 filed with the Securities and Exchange Commission on November 14, 2014, the filing of the Company's Form 10-Q has been delayed as a result of the change of the Company's auditor.



About Sutor Technology Group Limited



Sutor is one of the leading providers of fine finished steel products and services for fine finished steel products used by a variety of downstream applications. The Company utilizes a variety of in-house developed processes and technologies to convert steel manufactured by third parties into fine finished steel products, including hot-dip galvanized steel, pre-painted galvanized steel, acid-pickled steel, cold-rolled steel and welded steel pipe products. To learn more about the Company, please visit http://www.sutorcn.com/en/index.php.



Forward-Looking Statements



This press release includes certain statements that are not descriptions of historical facts, but are forward-looking statements in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but not limited to, references to our plan to file both Form 10-K and Form 10-Q by the end of November 2014 and management's expectation to regain compliance of Nasdaq Listing Rules. These forward-looking statements are only predictions and are not guarantees of performance. These statements are based on beliefs and assumptions of management, which in turn are based on currently available information. These forward-looking statements also involve risks and uncertainties, which could cause actual results to differ materially from those contained in any forward-looking statement. Many of these factors are beyond our ability to control or predict. These risks and uncertainties include, but not limited to, the factors mentioned in the "Risk Factors" section of our Annual Report on Form 10-K for the fiscal year ended June 30, 2013, and other risks mentioned in our other reports filed with the Securities and Exchange Commission ("SEC"). Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system (EDGAR) at http://www.sec.gov. The words "believe," "expect," "anticipate," "project," "targets," "optimistic," "intend," "aim," "will" or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Although we believe the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy or completeness of any of these forward-looking statements. We do not undertake any responsibility to update any of these forward-looking statements to conform our prior statements to actual results or revised expectations, except as expressly required by law.

For more information, please contact:

Investor Relations
Sutor Technology Group Limited
Tel: [phone]
Email: [e-mail]

[shanak10]

TechKim I too was looking for the document and could not find it. In the meantime she is up 25% :)).
If I find document I will share.

[TechKim]

I sort of cheated on my due diligence and just read from another message board that the share price has to make a dollar by Feb 4, 2015, to prevent delisting.
https://finance.yahoo.com/mbview/threadview/?&bn=9f70f28a-aa16-3e9c-92a8-f315ceaaf0d1&tid=1420488708630-bd1a2880-52ca-4fb1-80e8-9113f9039ed5&tls=la%2Cd%2C0%2C3

You think I could find the actual notification document?


SUTR was way over sold in my opinion, but that was my opinion.

[TechKim]

SUTOR climbing out of the hole! $0.82 early trade.

Maybe some new contracts in the works? The last recent contract order was very impressive, to say the least.

[TechKim]

Much appreciated, under the circumstances. Your welcome!

[Helium-3]

Shanak, why the big jump in pps? Does it have something to do with the Nasdaq compliance? I intend to alert other investors over at the China Unlimited room.

[shanak10]

Thanks TechKIm for your replies. Not sure which post you removed.

[TechKim]

April 13, 2015 I assume.
"Pursuant to the notice, the Company has until December 15, 2014 to submit a plan to regain compliance with respect to these delinquent reports. If Nasdaq accepts the Company’s plan to regain compliance, it may grant an exception of up to 180 calendar days from the due date of the Company’s Form 10-K, or April 13, 2015."

Well the company has filed the delinquent reports. I could be wrong, but I thought the company was given notice by the exchange about the compliance of the share price also. Now I have myself confused on the issue of share price compliance. I might be ahead of myself and had got the failure to file in mixed with the exchange mandate share price value. The company had a past history if I recall on not being in compliance for share price per the exchange listing.

I am not finding an immediate notice. Which is good.

[shanak10]

Will it? When is deadline?

[TechKim]

need to break the dollar mark to prevent delisting.

[shanak10]

Up 27%

[Ocean View]

I was asleep at the wheel in April. Needs to move before I cut it as a loss!
Hate to give anyone new that short of a turn around time...

[stocktrademan]

$SUTR DD Notes ~ http://www.ddnotesmaker.com/SUTR

bullish
good price action

$SUTR recent news/filings

## source: finance.yahoo.com

Thu, 06 Nov 2014 13:12:43 GMT ~ German Thyssen Krupp Company Visited Sutor

[at noodls] - Post Date: 2014-11-05 On October 27, Thyssen Krupp Company, a German large-scale industrial group, visited Sutor and toured the plant of its subsidiary Ningbo Zhehua Steel Pipe Manufacturing Co., Ltd. ...

read full: http://www.noodls.com/view/FB87C813B4DD0793D2E9C4587BF22567FF3FF3C0
*********************************************************

Tue, 04 Nov 2014 07:35:23 GMT ~ Sutor Was Named As Engineering and Technological Research Center

[at noodls] - Post Date: 2014-10-28 In October 2014, Changshu Huaye Steel Strip Co., Ltd ("Changshu Huaye"), a subsidiary of Sutor, was named as High-performance PPGI Sheets Engineering and Technological Research ...

read full: http://www.noodls.com/view/4878DC2CB73F2F5CDB2B119072CD1293B3C8C8FB
*********************************************************

Fri, 31 Oct 2014 21:15:18 GMT ~ SUTOR TECHNOLOGY GROUP LTD Files SEC form 8-K, Change in Directors or Principal Officers


read full: http://biz.yahoo.com/e/141031/sutr8-k.html
*********************************************************

Thu, 30 Oct 2014 01:33:29 GMT ~ Sutor’s Subsidiary Was Honored as an Environmental Protection Model Enterprise

[at noodls] - Sutor's Subsidiary Was Honored as an Environmental Protection Model Enterprise Sutor's Subsidiary Was Honored as an Environmental Protection Model Enterprise CHANGSHU, China, Oct. 29, 2014 /PRNewswire-FirstCall/ ...

read full: http://www.noodls.com/view/012AAC50143EF983A408F5C7A113C24146FFAFFF
*********************************************************

Wed, 29 Oct 2014 12:00:00 GMT ~ Sutor's Subsidiary Was Honored as an Environmental Protection Model Enterprise

[PR Newswire] - CHANGSHU, China, Oct. 29, 2014 /PRNewswire-FirstCall/ -- Sutor Technology Group Limited (the "Company" or "Sutor") (SUTR), a leading provider of fine finished steel products and services used by steel fabricators and other applications in a variety of industries, today announced that Changshu Huaye Steel Strip Co., Ltd ("Changshu Huaye"), a subsidiary of Sutor Technology Group ("Sutor" or "the Company"), was recently honored as a model enterprise for sustainable development and energy conservation by the government of Changshu City. The energy audit and energy conservation plan proposed by Changshu Huaye was recognized by the local government.

read full: http://finance.yahoo.com/news/sutors-subsidiary-honored-environmental-protection-120000252.html
*********************************************************


$SUTR charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com


$SUTR company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/SUTR/company-info
Ticker: $SUTR
OTC Market Place: Not Available
CIK code: 0001041177
Company name: Sutor Technology Group, Ltd.
Incorporated In: NV, USA


$SUTR share structure

## source: otcmarkets.com

Market Value: $31,246,072 a/o Nov 21, 2014
Shares Outstanding: 41,661,429 a/o May 12, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.001
$SUTR extra dd links

Company name: Sutor Technology Group, Ltd.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/SUTR/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/SUTR/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=SUTR+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=SUTR+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=SUTR+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/SUTR/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/SUTR/news - http://finance.yahoo.com/q/h?s=SUTR+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/SUTR/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/SUTR/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/SUTR/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/SUTR/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/SUTR/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/SUTR/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/SUTR/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/SUTR/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=SUTR+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/SUTR
DTCC (dtcc.com): http://search2.dtcc.com/?q=Sutor+Technology+Group%2C+Ltd.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Sutor+Technology+Group%2C+Ltd.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Sutor+Technology+Group%2C+Ltd.&x=0&y=0

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/SUTR/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/SUTR
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/SUTR/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/SUTR/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/SUTR/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001041177&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/SUTR/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/SUTR/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/SUTR/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/SUTR/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=SUTR&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=SUTR
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/SUTR/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=SUTR+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=SUTR+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=SUTR
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=SUTR
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=SUTR+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/SUTR/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=SUTR+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/SUTR.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=SUTR
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/SUTR/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/SUTR/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/SUTR/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/SUTR/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/SUTR
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/SUTR
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/SUTR:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=SUTR
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=SUTR



$SUTR DD Notes ~ http://www.ddnotesmaker.com/SUTR

[TechKim]

Welcome Lifang Chen

CEO & President, Chairwoman

Ms. Chen is the founder, Chairwoman and CEO of Sutor Technology Group. Under her leadership, Sutor has become a leading finished steel manufacturer in China with a vertically integrated business model offering unique one-stop customer services that are difficult to replicate. Prior to founding Sutor, she directed the civil administration bureau of Xiaoshan municipal government where she helped design various policies to strengthen the operations of local companies, coordinated businesses between private enterprise and local banks, and reviewed and approved IPO’s for large companies. At Sutor, Ms. Chen has cultivated a seasoned management team of professionals that are focused on growing Sutor’s business and that are well known in the industry. Ms. Chen is an accomplished entrepreneur in the Chinese fine finished steel industry and excels in enterprise management and industry and government relations. She obtained an MA degree in Philosophy from Zhejiang University.