What happened to the reverse split? Deadline is Monday, but Monday is a holiday and the market is closed.

Do a search on this new company we signed with. You'll get nothing!

In at $5.04. No brainer, high dividend, large short position.

Is the Hong Kong exchange an option? We have an office there.

On the positive side: It is trading for less than half of book value and insiders own 1/3 of shares (so do they really want to decrease their share value?)

I voted today. No to directors and no to r/s and no to compensation plan.

With insider percentage so high, our vote won't count much. But I am with you. They are doing everything a shareholder doesn't like: losing money, dilution, reverse split, overpaying employees (relative to revenue/bottom-line).

Book value is over a dollar.

Revenue was down, but only because they used a different method of reporting. They need help in learning how to make a profit..

Breaking $.80 will be significant to chart watchers.

I saw .87

I like it.

A reverse split is not a for-sure thing. Yet. We have until January to get above $1.

That would be nice. I am not sure what the price or value is.

Somebody is gobbling up all the shares around .70

The only thing I liked about the report was that 2 investors bought shares at $1.50.(which is near my average purchase).
And shipping stocks usually make a run in the next few months.

I don't like r/s either. But I am trying to look at it this way: a r/s would give it a very small float.

According to my calculations, revenue was only $2 million for the fourth quarter(vs $20 million in the 3rd quarter). What a mess and no true direction. Kinda throwing mud against the wall hoping something will stick. They talk a big game, but can't seem to make money.

Do you think they will make money this quarter?

You saw what happened to the other lawsuits. Nothing! The system stinks.

Ameritrade says earnings release today. 10k.

I have added also, but at a slower pace.

I'm in and with you. They are doing good things. Trading now at half book value.

"Form D is a filing with the Securities and Exchange Commission (SEC) that allows companies under a Regulation D exemption or Section 4(6) exemption to offer stock to finance their businesses without going through the IPO process and selling stock to the public."

Someone has given sino some money in exchange for stock, but the company or investor doesn't want us to know who it is.

George made a fortune diluting and ruining the past shareholders, now he's cashing in with our money. He will start another business. Rinse, wash, repeat.

Did anyone notice that equity was $18m in February 10q and was $22m in Mayq?

2019 will be sino's year. Buy when things look bleak and others are selling.

Ok. Thanks.

Because I "value" your opinion: Why in the latest filing, are all warrants owners listed, ready to buy at $1.75, when the price is less than $1 now?
Doesn't that signal it will be above $1.75 in the future?

Thank you. You are a good man.

Advance was to Baosteel. Not a bad customer to have. They also RECEIVED $1 million from a new customer's president for some restricted shares.

Terrible quarter. It's a little late to admit, but boy did I make a mistake.

So you're all in?

Earnings surprise 11/14 before market opens.

What a disappointing stock, ever since the WIN spinoff. All these acquisitions and no increase in bottom line or increase in dividend.

9-28 News Highlight:
" the company performed logistics services for one customer on a fragmented scope, as compared to the full range of services (with a corresponding higher margin) that it expects in the future."

Per thestreet.com:
*Sales growth: 101.51. Peers:18.89
*price/sales: .53. Peers:5.99
*price to earnings/growth:.04. Peers: 2.63
*price to book: .50. Industry average: 4.87

Also, their China to Australia revenue has picked up, making up for U.S. issues.

No longs left.lol. Received about $500,000 from Malaysia contract (I was expecting more than that) and advance money to be paid in October, but not much else said on the subject. Nothing said on the new $10 million contract either.

SINO reiterated at buy after earnings report.
https://www.smarteranalyst.com/brief/maxim-group-thinks-sino-global-shipping-americas-stock-is-going-to-recover/