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U.S. China Mining Group, Inc. (SGZH)

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Last Post: 9/19/2017 5:36:27 PM - Followers: 16 - Board type: Free - Posts Today: 0

Company Profile: Songzai International Holding Group, Inc.
Ticker: SGZI
Exchanges: OTC
Major Industry: Oil, Gas, Coal & Related Services
Sub Industry: Coal Producers
Country: United States / China
Employees: 348
Homepage (although outdated at the moment):   http://www.songzaigroup.com/web/corporate_profile.html



Business Description:

Songzai International Holding Group, Inc. (“Songzai” or the “Company”) was incorporated in Nevada on June 7, 2001.  The Company is engaged in coal production by exploring, assembling, assessing, permitting, developing and mining coal properties in the People’s Republic of China (“PRC”). After obtaining permits from the Heilongjiang National Land and Resources Administration Bureau and Heilongjiang Economic and Trade Commission, the Company extracts coal from properties it has the right to mine, and sells most of the coal on a per ton basis for cash on delivery, primarily to power plants, cement factories, wholesalers and individuals for home heating.

 

SGZH latest 10q for the second quarter 2009. Revenues for Q2 2009 was 24,179,166 dollar. Revenues almost doubled compared to Q2 2008. Net income for the Q2 2009 was 12,404,475 dollar or 81 cents per share for the quarter. Net income was more than 2.5 times bigger compared to the Q2 2008. Cash at the end of Q2 was more than 31 million dollar.

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=6752937-1120-177306&type=sect&dcn=0001214659-09-001981

 

Latest press release about bringing in 3 new directors in order to have compliance for their uplisting to a senior US exchange which will happen in the near future.

http://finance.yahoo.com/news/Songzai-International-iw-2396098642.html?x=0

 

Glen Bradord for The Street.com regarding China coal mining companies 09/21/2009:

http://seekingalpha.com/article/162482-fired-up-about-chinese-coal?source=yahoo

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#223   SGZH is severely delinquent in filing the company's Renee 09/19/17 05:36:26 PM
#222   $SGZH recent news/filings stocktrademan 07/25/15 02:20:32 PM
#221   FORM NT 10-Q: SGZH surfer44 08/15/14 02:25:18 PM
#220   Share Buyback! modes948 12/14/13 02:34:30 AM
#219   *** 90% Drop in Revenues? *** Corner Pocket 12/09/13 05:54:48 PM
#218   Total Fake Company Corner Pocket 11/17/13 06:29:06 PM
#217   Old website - check the new one. ErnieBilco 02/20/12 06:59:57 PM
#216   I clicked on the company's supposed web page woje 11/06/11 06:15:15 AM
#215   US China Mining Group, Inc. to Host Second Penny Roger$ 08/10/11 08:05:37 AM
#214   what they are buying is more than $40M bradford86 01/10/11 09:01:15 AM
#213   They have $40M+ in cash. treit2002 01/10/11 08:56:06 AM
#212   US China Mining Group Closes $15 Million Private Placement bradford86 01/08/11 03:16:50 AM
#211   Finally some good news! BigOnChina 10/27/10 04:11:18 PM
#210   Production resumes at Xing An Coal Mine IcePickr 10/27/10 04:08:15 PM
#209   3 & 12 Months Charts IcePickr 10/13/10 12:21:24 AM
#208   US mining corp....lmao! What the hell are these bUrRpPPP! 08/05/10 09:56:53 PM
#207   running for mod 3/4 bradford86 08/02/10 09:31:50 PM
#206   running for mod 2 bradford86 08/02/10 09:31:41 PM
#205   running for mod 1 bradford86 08/02/10 09:31:34 PM
#204   SGZH – 8/2/2010 review bradford86 08/02/10 09:31:25 PM
#203   Yes, some of us are being forced to morokoy 04/15/10 01:02:48 PM
#202   SGZH 10k out. Top/bottom has not much growth. v80alue 04/15/10 12:10:59 PM
#201   SGZH looking much better, looking more and more hippychick 04/14/10 11:57:16 AM
#200   You can't use market price on these coal v80alue 04/13/10 03:01:11 PM
#199   I was only looking at pure sales figures. morokoy 04/13/10 02:41:48 PM
#198   Coal Prices - LLEN & SGZH - playing GorillaGorilla 04/13/10 02:16:49 PM
#197   Yeah, kinda interesting indeed. To be honest I'm Traderfan 04/13/10 02:07:26 PM
#196   I see you have your microscope out today... morokoy 04/13/10 02:03:08 PM
#195   SGZH - DD v80alue 04/13/10 12:56:14 PM
#194   Definitely a huge potential stock. Riskier than most Traderfan 04/12/10 06:39:08 PM
#193   Buy when other are fearful! I'd didn't get bUrRpPPP! 04/12/10 02:29:14 PM
#192   3yrs in a row! Were backing professional slackers GorillaGorilla 04/12/10 02:19:08 PM
#191   Keep in mind SGZH has filed for an bUrRpPPP! 04/12/10 01:54:48 PM
#190   Yeah, I suppose that's correct. I think RyanW439 04/10/10 03:42:30 PM
#189   Not impossible that they need more time than GorillaGorilla 04/10/10 08:13:17 AM
#188   We'll find out this coming week.. I RyanW439 04/10/10 12:14:04 AM
#187   8K filed CFO resigns. That is very bad hippychick 03/24/10 08:04:09 PM
#186   SGZH, It's certainly a higher risk stock...but thats bUrRpPPP! 03/08/10 12:02:02 PM
#185   Finally riding the Coal momentum wave ... sure kuwlness 03/08/10 11:52:11 AM
#184   Very nice, the stock is awakening.... Traderfan 03/08/10 11:16:38 AM
#183   $11.20 WEEEE! bUrRpPPP! 03/08/10 10:57:35 AM
#182   This could be 20 bucks by next week rlwinvestor 03/05/10 12:02:03 PM
#181   Looking at CHGS again today I can only Traderfan 03/03/10 05:48:42 PM
#180   Added $9.30 today....gulp! bUrRpPPP! 03/03/10 04:51:58 PM
#179   SGZH website http://www.songzaigroup.com/web/index.html bUrRpPPP! 02/22/10 10:05:28 AM
#178   To be honest it's quite frustrating to see Rayhuh 02/12/10 08:17:57 AM
#177   I match your hand, and raise you another DOG...SBAY. morokoy 01/28/10 08:21:15 PM
#176   On a different board I was saying that jromewilly 01/28/10 08:06:24 PM
#175   SGZH chart: This post is on a chart tothe 01/17/10 04:39:02 PM
#174   NITE only seller in the single digits. kuwlness 01/06/10 01:15:45 PM
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