U.S. China Mining Group Inc fka SGZH

[TenKay]

SGZH SEC SUSPENSION

https://www.sec.gov/litigation/suspensions/2018/34-83992.pdf

Order:

https://www.sec.gov/litigation/suspensions/2018/34-83992-o.pdf

Admin Proceeding:

https://www.sec.gov/litigation/admin/2018/34-83991.pdf

[Renee]

SGZH is severely delinquent in filing the company's Financials. The stock is at risk of an SEC Suspension and subsequent stock registration revocation.

https://www.sec.gov/cgi-bin/browse-edgar?company=U.S.+China+Mining+Group&owner=exclude&action=getcompany

[stocktrademan]

$SGZH recent news/filings

bullish
charts that are focused on long term growth and are not affected by earnings reports

## source: finance.yahoo.com

no recent news found
*********************************************************

$SGZH charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com



$SGZH company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/SGZH/company-info
Ticker: $SGZH
OTC Market Place: OTC Pink No Information
CIK code: 0001145761
Company name: U.S. China Mining Group, Inc.
Incorporated In: NV, USA

Business Description:

$SGZH share structure

## source: otcmarkets.com

Market Value: $1,883,373 a/o Jul 24, 2015
Shares Outstanding: 18,852,582 a/o Aug 14, 2013
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.001

$SGZH extra dd links

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

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

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/SGZH/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/SGZH/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/SGZH/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/SGZH/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/SGZH/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/SGZH/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/SGZH/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/SGZH/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=SGZH+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/SGZH
DTCC (dtcc.com): http://search2.dtcc.com/?q=U.S.+China+Mining+Group%2C+Inc.&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=U.S.+China+Mining+Group%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=U.S.+China+Mining+Group%2C+Inc.&x=0&y=0

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/SGZH/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/SGZH
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/SGZH/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/SGZH/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/SGZH/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001145761&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/SGZH/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/SGZH/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/SGZH/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/SGZH/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=SGZH&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=SGZH
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/SGZH/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=SGZH+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=SGZH+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=SGZH
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=SGZH
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=SGZH+Cash+Flow&annual

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

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



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

[surfer44]

FORM NT 10-Q: SGZH

http://ih.advfn.com/p.php?pid=nmona&article=63277633

[modes948]

Share Buyback!

But up to 500,000 shares within a year for a company with so much cash?What a joke!!!

[Corner Pocket]

*** 90% Drop in Revenues? ***

I think the Grinch said something like this: Fraud… Fraud… Fraud.Fraud.Fraud

[Corner Pocket]

Total Fake Company

[ErnieBilco]

Old website - check the new one.

[woje]

I clicked on the company's supposed web page above and got a page that says:

"songzaigroup.com expired on 10/04/2011 and is pending renewal or deletion."

[Penny Roger$]

US China Mining Group, Inc. to Host Second Quarter 2011 Earnings Conference Call on Tuesday, August 16, 2011 at 4:15 p.m. ET
| 6:30 AM | By PR Newswire Association LLC. |

CITY OF INDUSTRY, Calif., Aug. 10, 2011 /PRNewswire/ -- US China Mining Group, Inc., ("US China Mining") (OTCQB: SGZH) a Chinese leader in coal production and exploration in the People's Republic of China, today announced that it will hold its second quarter 2011 financial results...
Related News: Similar Content, By PR Newswire Association LLC. http://www.prnewswire.com/news-releases/us-china-mining-group-inc-to-host-second-quarter-2011-earnings-conference-call-on-tuesday-august-16-2011-at-415-pm-et-127444093.html#rssowlmlink


Share StructureMarket Value1 $51,982,100 a/o Aug 09, 2011
Shares Outstanding 18,902,582 a/o Mar 29, 2011
Float Not Available
Authorized Shares Unlimited a/o
Par Value 0.001






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[bradford86]

what they are buying is more than $40M

hope that helps.

[treit2002]

They have $40M+ in cash.

Why dilute?

[bradford86]

US China Mining Group Closes $15 Million Private Placement
Date : 01/07/2011 @ 6:08PM
Source : PR Newswire
Stock : U.S. China Mining (SGZH)
Quote : 6.25 -0.4 (-6.02%) @ 2:58PM


US China Mining Group Closes $15 Million Private Placement

U.S. China Mining (OTCBB:SGZH)
Intraday Stock Chart

Today : Saturday 8 January 2011


US China Mining Group, Inc. ("US China Mining") (OTC Bulletin Board: SGZH) is pleased to announce the closing of a private placement financing, resulting in gross proceeds of $15,000,000. In the private placement, US China Mining sold 3,750,000 units at a price of $4.00 per unit. Each unit is comprised of one share of common stock and one-half of one common stock purchase warrant. Each whole warrant entitles the holder to purchase an additional share of common stock at an exercise price of $6.80. The warrants have a five year term.

As part of the terms of the transaction, Mr. Yue Guoqing has delivered 500,000 shares of the Company's common stock directly or indirectly owned by him ("make good shares") to an escrow account. Subject to US China Mining achieving certain net revenue targets in 2011 and 2012, these make good shares shall be returned to Mr. Guoqing. The net revenue target for 2011 is $81,300,000 and for 2012 is $102,000,000.

Euro Pacific Capital, Inc. acted as the lead placement agent in the transaction, and Luopan Capital LLC acted as co-placement agent. Proceeds from this financing will be used to support capital expenditures and working capital, including capital expenditures at existing mines, expenditures to increase our US shareholder base and to provide capital for accretive acquisition opportunities.

Mr. Hongwen Li, CEO of US China Mining Group, commented, "The closing of this private placement is a milestone for US China Mining Group. We believe that the transaction will benefit all of our shareholders as we expect to use the funds prudently to support the rapid expansion of our coal producing business. Additionally, this transaction helps further strengthen our balance sheet to deal with normal business fluctuations as well as puts us in a position of strength to take advantage of any strategic growth opportunities that we believe are in the best interests of our shareholders."

The securities issued in the private placement have not been registered under the United States Securities Act of 1933, as amended, or the securities laws of any other jurisdiction. Accordingly, these shares may not be sold by investors in the United States, except pursuant to an effective registration statement or an applicable exemption from the registration requirements.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. For additional information, please refer to US China Mining's current report on Form 8-K to be filed with the Securities and Exchange Commission in conjunction with this transaction.

About US China Mining Group

US China Mining Group is a company engaged in coal production and sales by exploring, assembling, assessing, permitting, developing and mining coal properties in the People's Republic of China ("PRC"). After obtaining permits from the Heilongjiang Province National Land and Resources Administration Bureau and the Heilongjiang Economic and Trade Commission, we extract coal from properties to which we have the right to mine capped amounts of coal, and then sell most of the coal on a per metric ton ("ton") basis in cash on delivery, primarily to power plants, cement factories, wholesalers and individuals for home heating. We do not own the coal mines, but have mining rights to extract a capped amount of coal from a mine as determined by government authorized mining engineers and approved by the Heilongjiang Department of Land and Resources. Our business consists of the operations of Tong Gong coal mine in northern PRC, located approximately 175 km southwest of the city of Heihe in the Heilongjiang Province and the Hong Yuan and Sheng Yu coal mines located in the city of Mohe in Heilongjiang Province.

[BigOnChina]

Finally some good news!

[IcePickr]

Production resumes at Xing An Coal Mine

U.S. China Mining Group, Inc. (OTC Bulletin Board: SGZH), a Chinese leader in coal production and exploration in the People's Republic of China, today announced today that the Company will resume coal production at its Xing An mine in November 2010. The Xing An mine was closed for maintenance and retrofit projects that began at the end of fiscal 2009. The Xing An mine, located in the far northern region of Heilongjiang Province, near the Russian border, produces high-quality thermal coal which is sold throughout China.

In December of 2009, the Company began a program to upgrade the Xing An mine. These improvements are intended to increase efficiency, safety and boost production at the site. Operations at the Xing An mine will be transitioning from room-and-pillar mining to long wall mining upon completion of these modifications. With these improvements, the Xing An mine will be able to process coal year round.

The Company also projects that production will increase from 600,000 metric tons per year to 900,000 in 2012. In order to accelerate these modifications, production at Xing An was halted completely in February of 2010 and will now resume production. The Company expects to be at full production with all upgrades completed, by May of 2011. Pricing for Xing An coal has increased strongly from historical levels and currently sells for $44/ton.

Mr. Hongwen Li, President of U.S. China Mining Group, commented, "The Company distributes coal from Xing An directly to our customers
via national railways. Importantly, the government guarantees U.S. China Mining Group preferred access to these railways since they provide needed coal to local power plants. As such, the Company maintains distribution leverage and indirectly controls access to the railway allowing them to drive better pricing of brokered coal as well." Li continued, "We will now resume partial operations at the Xing An Mines during the fourth quarter and full operation will commence in the second quarter 2011, which we anticipate will significantly boost our revenues and lower our costs."

[IcePickr]

3 & 12 Months Charts

3 Month

12 Month

[bUrRpPPP!]

US mining corp....lmao! What the hell are these clowns up too....they screw shareholders and now change there name so they appear to have something to do with the United States....be very careful when you see these type of stunts....

[bradford86]

running for mod 3/4

[bradford86]

running for mod 2

[bradford86]

running for mod 1

[bradford86]

SGZH – 8/2/2010 review
They currently have 25.2M metric tons in place resources to which mining rights relate. This bakes down to 12.5M metric tons of resources.
They are looking to buy 70% of 143 metric tons of other mines for $100M, of which they will pay $30M in cash. The price in stock is a function of the stock price upon the closing of the deal.
They expect $50M of revenues from this mine in 2011 at least.
In 2007 they made 34M top line, 13M bottom line
In 2008, they made 57M top line, 23M bottom line
The average selling price per tonne for 2008 was approximately $33.77, compared to the average selling price of approximately $29.64 for 2007, an increase of 14%.
That suggests that in 2008 they mined 1.68M tons.
Our total sales volume was 1,666,681 tonnes for the year of 2008 (taking into account both twelve-month sales volume of Xing An and nine-months sales volume of Tong Gong from the reverse acquisition date), as compared to 1,166,585 tonnes of sales for the year of 2007 (taking into account of only Xing An’s sales volume), an increase of approximately 43%.
Sales. Our revenues are derived primarily from the sales of coal. During 2009, we had sales of $65.00 million compared to $57.13 million for 2008, an increase of approximately 14%. The increase in sales is primarily due to increase in our selling price. The average selling price per ton for 2009 was $49.10, compared to $37.86 for 2008, an increase of 30%. Our total sales volume was 1,323,845 tons for 2009, compared to 1,666,681 tons for 2008 (taking into account both twelve-month sales volume of Xing An and nine-months sales volume of Tong Gong from the reverse acquisition date), a decrease of approximately 21%. The decrease in sales volume was mainly due to the temporary closing of a major power plant customer for one month in July for overhauling and maintenance of its boilers, and decrease in our brokerage coal due to increased purchase cost. Our high average selling price for the year of 2009 was a result of adjusting our selling price according to the market price in Heilongjiang province, and our selling price can vary dramatically depending on the prevailing market price of coal in Heilongjiang Province.
Q1 2010
Sales. Our revenues are derived from the sales of coal. During the three months ended March 31, 2010, we had sales of $12.56 million compared to $20.76 million for the same period of 2009, a decrease of approximately 40%. The decrease in sales is primarily due to decreased production of Xing An Mines as a result of mine maintenance and retrofit projects commenced since the end of fiscal 2009. The projects are expected to be completed in July, 2010. We expect that these mine improvements will improve efficiencies, lower costs and greatly enhance our growth and profitability once completed. The average selling price per ton for the first quarter of 2010 was $47.55 as compared to $56.14 for the same period of 2009, a decrease of 15%, resulting from a decrease in average market selling price of coal in the Heilongjiang Province. Our total sales volume was 264,122 tons for the three months ended March 31, 2010, compared to 369,784 tons for the same period of 2009, a decrease of approximately 29%. The decrease in sales volume was mainly due to temporary decreased production volume at the Xing An Mines.
Q3 2009
Sales. Our revenues are derived primarily from the sales of coal. For the nine months ended September 30, 2009, we had sales of $54.2 million as compared to sales of $42.91 million for the nine months ended September 30, 2008, an increase of approximately 26%. The increase in sales revenue is primarily due to increase in our selling price. The average selling price per ton for the nine months of 2009 was approximately $50.79, compared to the average selling price of approximately $30.37 per ton for the nine months of 2008, an increase of 67%. Our total sales volume in tons was 1,067,132 tons for nine months of 2009 (combining the sales volumes of Xing An and Tong Gong), as compared to 1,275,280 tons of sales for the nine months of 2008 (reflecting 9 months of Xing An’s sales volume and 6 months of Tong Gong’s sales volume) a decrease of 208,148 tons or approximately 16%. The decrease in sales volume was mainly due to the temporary closing of a major power plant customer for one month in July for overhauling and maintenance of its boilers. Our high average selling price for the nine months of 2009 was a result of adjusting our selling price in 2009 according to the market price in Heilongjiang province, and our selling price can vary dramatically depending on the prevailing market price of coal in Heilongjiang Province.
Q2 2009
Our total sales volume was 857,339 tonnes for the first six months of 2009 (combining the sales volumes of Xing An and Tong Gong), as compared to 865,854 tonnes of sales for the first six months of 2008 (reflecting 6 months of Xing An’s sales volume and 3 months of Tonggong’s sales volume) a slight decrease of 8,515 tonnes or approximately 1%. We plan our monthly sales volumes in order to pace our production throughout the year,
Q1 2009
Our total sales volume was 369,784 tonnes for the first quarter of 2009 (combining the sales volumes of Xing An and Tong Gong), as compared to 472,019 tonnes of sales for the first quarter of 2008 (reflecting only Xing An’s sales volume) a decrease of 102,235 tonnes or approximately 22%. We plan our monthly sales volumes in order to pace our production throughout the year, based on purchase orders typically signed 2 to 4 months in advance of the period reported, and the decrease in sales volume during the first three months of 2009 is a result of such planning.
Let’s conservatively use 2008 net profit margins. 46%

[morokoy]

Yes, some of us are being forced to hold. Their alternating closure of their mines is a gimmick that I cannot understand - are they in the mining business of the brokerage business.
Q1 - Q4 Sales
2008 $15,163 $12,874 $14,874 $14,219
2009 $20,758 $24,179 $9,267 $10,793

Guess they'll blame it on the weather!!

[v80alue]

SGZH 10k out. Top/bottom has not much growth. With the backdrop of average selling price go up 30% for the year.

The average selling price per ton for 2009 was $49.10, compared to $37.86 for 2008, an increase of 30%.

SGA goes up 100% as well.

The business is too unpredictable to get any high PE. NOT undervalued.

Sentiment: HOLD.

[hippychick]

SGZH looking much better, looking more and more like the shareholders will be happy.

[v80alue]

You can't use market price on these coal mining company for revenue just as you can't use spot oil/gas price to oil companies. 3 things affect the coal price in my observation.

1 Their sale prices are after transportation, tax etc. I have seen the same mistake from many people including "the best" in the original analysis.

2. Customers. SGZH sales to local long term customer. price is even lower than prevailing.

3. Composition. Produced coal are in different qualities(KCAL, Ash, sulfur, water, size etc). So average sale price is much lower.

CHGY's average sale price is $37 (rough park, out of my head) for 2009. CHGY's coal (6800-7000KCAL) are higher quality coal than SGZH (4000-6000KCAL for XingAn, 65000 for Tong Gong, no production though for Q4). So I expect SGZH's average can't be significantly higher than $37, even if they do produce in Q4 in Xing An.

Using rough estimate of market increase 10-20% on sea port, this may mean 20-40% sales price increase for mining company if transportation, tax etc stay same, which is usually go up some.

[morokoy]

I was only looking at pure sales figures. These guys are impossible to read tonnage wise, since they seem to have a great deal of "down time", and significant brokered tonnage - "In addition to mining coal, Xing An and Tong Gong also brokered 100,000 tons and
55,000 tons, respectively, during the third quarter of 2009 to meet customer demands, with average cost of $23.42 per ton."
Quite frankly, why mine "Our cost per ton for production was $21.96 in the third quarter of 2009," when you can get it for less that $1.50 more per ton?

Tong Gong Coal Mine Xing An Coal Mines
Production Brokerage Sales Production Brokerage Sales
Three months ended September 30, 2009:
67,416 55,000 107,645 - 100,000 102,148
Three months ended September 30, 2008:
66,448 87,069 153,517 0 157,700 255,909

[GorillaGorilla]

Coal Prices - LLEN & SGZH - playing around with bloomberg report [1]

Year Avg 400 yuan to 500 yuan Which is $58 - $73
Thermal 4Q 700 yuan to 800 yuan which is $102 to $117


Looking at LLEN's their quarter that ended January, not exactly right time frame, had an average of $111 so seems representative of the report.

With SGZH which I'm still looking at. The quarters average prices were $56.14, $49.59 & $44.17. They seem to lag the price of coal increase and would seem to be on the lower end. However, assuming that they get the coal out, given the last quarter that remains a query, the macro situation is favourable. My intial feeling is that this year could be very good indeed.

This is work in progress but anyone have input? Should I be working with $80 a tonne, or higher, for Q4 09 / 2010 for SGZH? He he?

rich


[1] http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48898941

[Traderfan]

Yeah, kinda interesting indeed. To be honest I'm not sure what to expect out of earnings here. It's a kinda wild card for me. If they are good I will buy more after the earnings. For now I keep the position I already have. If they will show earnings above 2 bucks FD for the year the stock will rally as coal is pretty much in fashion right now.

[morokoy]

I see you have your microscope out today... post on CGS board about the CFO leaving SGZH, and becoming a director of WKBT, good find. While the departure of an English speaking CFO does raise an eyebrow, her replacement seems to have adequately credentials, and was the Comptroller of the company.
Just for the heck of it, I came up with two possible numbers -
Low.... Sales $18.769M EPS B .62 FD .58 Year B $2.22 FD $2.14
High... Sales $21,208M EPS B .70 FD .65 Year B $2.31 FD $2.19

[v80alue]

SGZH - DD

As shown in 10k. Production and brokerage volumes are VERY seasonal.

TonGong has NO production in both 2007 and 2008. Sales volumes are from brokerage.

Xing An were under maitenance to broaden passage so NO production in Q2 and Q3 of 2009. Not sure Q4's production will be significant. Judging from significant lower number from 2008 vs 2007, I am not sure. Brokeraged volumes are also lower from 2007 to 2008 to 2009.

Not saying they are not going to show any sale volumes.
brokeraged volume normally lower the profit margin, hence net income, eps etc.

Their year over year growth are still respectable. However the prospect of a blowout Q4 like CHGY did is not very high. Q4 result may even disappoint some.

Sentiment: Don't buy. Wait for dip after 10k release, however late.

[Traderfan]

Definitely a huge potential stock. Riskier than most others because of their continued silence but a lot of potential.

[bUrRpPPP!]

Buy when other are fearful! I'd didn't get this far without using my ears.....WEEEEEEEEEEEEEEEE!

[GorillaGorilla]

3yrs in a row! Were backing professional slackers It's a good story and sucess looks like the most likely outcome. I like the odds.

rich

[bUrRpPPP!]

Keep in mind SGZH has filed for an extension and filed with in the extra time the last 3 years....I actually wouldnt mind if they missed it as I would load up....I'm betting we see at least .50 for the last Q and that will get us over $2.00 for the year....and now that the filings are fixed the uplisting may be closer than we think....

[RyanW439]

Yeah, I suppose that's correct. I think they'll probably post by Thursday though. If not, could be a good buying opp. Friday or next week..

[GorillaGorilla]

Not impossible that they need more time than April 15th - that will be interesting

rich

[RyanW439]

We'll find out this coming week.. I think, and obviously the market thinks the same, that the CFO resignation is a non-issue. The fact that the CFO was at one point was one of there accountants that took the job on an interim basis and now the replacement is doing the same thing means they're not decision makers and are thus expendable. They're just report writers and number gatherers..

[hippychick]

8K filed CFO resigns. That is very bad considering the horrible last Q with a weak explanation and the deadly silence. It certainly smells like trouble coming.

[bUrRpPPP!]

SGZH, It's certainly a higher risk stock...but thats why you buy what you can afford to lose......only takes one news release to announce an uplisting date with a new website....followed by a fat earnings report....also only takes another ugly Q to scare off buyers for another 3 months...all part of the game we call trading...

[kuwlness]

Finally riding the Coal momentum wave ... sure took long enough

[Traderfan]

Very nice, the stock is awakening....

[bUrRpPPP!]

$11.20 WEEEE!

[rlwinvestor]

This could be 20 bucks by next week riding the Chinese coal train.

[Traderfan]

Looking at CHGS again today I can only imagine what will happen if SGZH brings in at least Q2 numbers and then announces uplisting. In that szenario we have a sure double from here. But first they have to do these 2 things.

[bUrRpPPP!]

Added $9.30 today....gulp!

[bUrRpPPP!]

SGZH website http://www.songzaigroup.com/web/index.html

[Rayhuh]

To be honest it's quite frustrating to see no news, no website, no volume at all. As some people said, it's dead money. And still no word from the uplisting..

But I personally bought the company cos of its cheap valuation, strong cashflow and lots of cash, and not their chart. Am waiting patiently and looking forward to the next 10Q.

[morokoy]

I match your hand, and raise you another DOG...SBAY.

[jromewilly]

On a different board I was saying that I owned cows(SIAF), chickens(YUII), goats(YYIN). I am long on SGZH for quite some time now, so I think it is safe to say that FOR NOW I also own a DOG........ but still holding.

[tothe]

SGZH chart: This post is on a chart hread from October.
Last 10Q/A
http://www.sec.gov/Archives/edgar/data/1145761/000121465909002812/s11249210qa1.htm
Uplist prep.
http://geoinvesting.com/companies/sgzh_songzai_intl_holdings/alerts