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You are right. Zhejiang Kangchen Biotech Co. is supposed to be the "new" name...
Nope. The only "hint" that I have found on CHBO's involvement with China's H1N1 program is this snippet from a June, 2009 article (Tianyuan Bio-Pharma is 100% owned by CHBO).
"The ready-to-use vaccine will go to the nation's strategic stockpile rather than drug distributors," said HUO HAIQIN, DIRECTOR WITH THE QUALITY CONTROL DEPARTMENT OF ZHEJIANG-BASED TIANYUAN BIO-PHARMA, one of the 11 enterprises."
http://www.chinadaily.com.cn/china/2009-06/10/content_8270092.htm
http://www.ty-pharm.com/en/index.asp
If you look at the 5-day chart you will see a nice, steady incline. You know, slow and steady wins the race? And with 3+ weeks to go before the meeting, I think the stock is doing quite nicely leading up to it.
Holding plenty now, but sure, I am always willing to rescue thrown-away shares, and I take them at the ask too! That's my rule.
;)
I am not disappointed.
Not even a little bit.
I'm pretty sure it won't happen for 90 days anyway. A lot can happen in 90 days.
So far, it looks like there has been only a mild freak-out.
lol.
"Net income attributable to ordinary shareholders of $176.9 million, or $0.81 per diluted ordinary share, as compared to a net loss attributable to ordinary shareholders of $466.0 million, or ($6.81) per diluted ordinary share, for the prior year period." Wow?
Scottish Re Posts to its Web Site Second Quarter 2009 Financial Statements
Sep 15, 2009 17:04:00 (ET)
HAMILTON, Bermuda, Sep 15, 2009 (BUSINESS WIRE) -- Scottish Re Group Limited (Pink Sheets:SKRRF), "Scottish Re" or the "Company", announced today that it has posted to its web site its consolidated unaudited financial statements for the three month period ended June 30, 2009. For the three month period ended June 30, 2009, Scottish Re reported net income attributable to ordinary shareholders of $176.9 million, or $0.81 per diluted ordinary share, as compared to a net loss attributable to ordinary shareholders of $466.0 million, or ($6.81) per diluted ordinary share, for the prior year period. The net income attributable to ordinary shareholders for the three month period ended June 30, 2009 was driven by net realized and unrealized gains of $133.1 million resulting from an overall market recovery of fixed maturity investments and an additional $59.8 million gain associated with the sale, in the first quarter of 2009, to Hannover Ruckversicherung AG ("Hannover Re") of a block of individual life reinsurance business acquired by the Company from ING.
The gain on sale of the individual life reinsurance business to Hannover Re was subject to certain contingencies which resulted in the recognition of a $702.2 million gain for the six month period ended June 30, 2009, of which $642.4 million and $59.8 million were recognized in the first and second quarters of 2009 respectively. An additional $1.4 million gain may be recognized in the second half of 2009 if additional contingencies are satisfied.
To view the financial statement documents go to Scottish Re's Web site at www.scottishre.com .
About Scottish Re
Scottish Re Group Limited is a global life reinsurance specialist. Scottish Re has operating businesses in Bermuda, Ireland and the United States. Its flagship operating subsidiaries include Scottish Annuity & Life Insurance Company (Cayman) Ltd., and Scottish Re (U.S.), Inc. Additional information about Scottish Re Group Limited can be obtained from its Web site, www.scottishre.com .
SOURCE: Scottish Re Group Limited
Scottish Re Group Limited
Media and Investor Contact:
Paul Goldean, Chief Executive Officer, 441-298-4378
The company will be going pink deliberately. They will no longer be obligated to report everything to the SEC. I am following several good companies that have deliberately gone pink in 2009 for various reasons, mostly to save the enormous expense, time, and hassles associated with SOX compliance.
Not good news, but not the end of the world either. It would be a good thing for the company to issue a PR on the reasons behind this action, however.
Hey Lifegear, same subject/different author: "Lehman: Barclays took $8.2B more than allowed"
http://finance.yahoo.com/news/Lehman-Barclays-took-82B-more-apf-3106327173.html?x=0&sec=topStories&pos=main&asset=&ccode=
Shame on you, Barclays...give it back!
Fascinating.
;)
There will be an "operational update" one month from today at the meeting in Florida, so just stay tuned.
;)
From Reuters 9/15/09: "One year later, Lehman Bank is Still in Business..."
http://www.reuters.com/article/topNews/idUSN1134668920090915
Aurora Bank!
;)
Yes sir, today's buy volume is 302,714; sell volume is 95,267. Found this info right here on IHUB under "Trades" for LEHJQ.
http://ih.advfn.com/p.php?pid=trades&cb=1252948925&symbol=LEHJQ&java_vm=sun&java_vm_ver=1.6.0_15
Hmmm. Very interesting.
;)
Agree. Insiders had sold shares for as much as $1.75 a few years back, and EXCLUDING shares issued for loans, in 2008 they bought with their very own money shares between .05 and .14, and paid as much as .94 in 2007. There is no indication that any insider has sold any shares since September of 2007, and I love that.
http://insidercow.com/
(just type in IPWG)
And it will end (the crappitude). lol. Of course the good side of crappitude is that many of those sold shares are getting snatched up by stronger hands. Eventually the crappitude will turn into ummm...UPpitude.
Thanks for all of your informative posts, especially your sharing of the conversation you had with Mr. Toscano.
I have been meaning to post this link to the bios of Toscano and other principals. These are seasoned, experienced professionals (BFI/Allied Waste), and most likely "well-connected."
http://www.reuters.com/finance/stocks/companyOfficers?symbol=IPWG.PK&viewId=bio
Well I think you're special.
;)
No sir, that data is certainly is NOT four years old. IPWG has been on the pink sheets for just a few months. You need to get yourself up to speed here; perhaps then you'd know the reasons behind the increase in authorized shares, which, by the way, happened in July.
;)
OK, well that's being a very good Vuduu. Good luck with your calls.
;)
Peter Toscano DID call Ebbtide back last week. I would suggest you read his posts, especially #716 and #724.
Let 'em sell and/or play the games. Meanwhile, there seems to be plenty of buying/accumulation going on.
;)
Yikes.
Didn't take much effort at all for someone to eat up the 7's.
lol.
As Ellkay pointed out, that MFFAIS site seems mixed up and has me confused now, too. When I have some extra time, I'll try to figure it out.
Wow, thank you...have no idea how you did that.
;)
Sorry, the link won't work, but my post can be verified by anyone who has an ETrade account.
Thomson Reuters is giving WAMUQ an "outperform" as of 9/7/09 (showed up in my brokerage account this morning).
The company name IS International Power Group, Ltd., and the site has that right, but according to my account, the symbol they're showing is for a company called "International Power PLC ORD." So you must be right. Can't rely on that I guess. Darn. I apologize to everyone.
This site shows some of the holdings, and check out the buyer vs. seller data...
http://data.cnbc.com/quotes/IPWG/tab/8
A bit more institutional interest is showing up in September's filings.
http://www.mffais.com/iprwf.pk
Bar Charts seems rather excited too! ;)
http://quote.barchart.com/texpert.asp?sym=ocfn&code=BSTK
Hmmm. Well, Bar Charts sure likes LEHMQ...100% long-term buy/80% short-term/average 96%. ;)
http://quote.barchart.com/texpert.asp?sym=lehmq&code=BSTK
It will be interesting. As you may know, at the end of December of 2008 they told shareholders of their plan to separate out as a subsidiary their “crown jewel,” which is AddPower, and first issue to shareholders 1 share in Add-Power, Inc. for every 10 shares owned in IPWG, and then conduct an IPO for Add-Power, Inc. There are 900 million authorized shares in Add-Power, Inc. Here’s the link to the SOS info.
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=5X9txV5AzgrnHvF9mF2egQ%253d%253d
“CELEBRATION, FL -- (Marketwire) -- 12/30/08 -- International Power Group, Ltd. ( IPWG) today announced that its Board of Directors has approved a plan to locate the Company's AddPower low temperature turbine waste-heat-to-energy technology into a wholly owned Nevada Corporation subsidiary. Under this plan, which will require shareholder approval, each record date shareholder in International Power will receive one share of the new Nevada subsidiary (AddPower, Inc.) for every ten shares of International Power, and an initial public offering of shares in AddPower, Inc. will follow.
Said International Power's new Chairman, Dr. Daniel Conte, "We are working hard to enhance shareholder value by restructuring the Company and placing primary emphasis on commercializing our crown jewel AddPower technology. The placement of AddPower in a wholly owned United States subsidiary will give us much needed flexibility as we continue to negotiate with entities that have expressed keen interest in the assisting with the commercialization of our technology. More details of our restructuring plan will be announced in the near future, and we thank our shareholders for their continued and unwavering support."
Insiders have paid .02 and much higher for their shares if you check the documentation. It's a personal decision--what you think it's worth now and/or will be in the future. I mean, this Add-Power technology with international interest takes trash and not only dwindles it down to a fraction of its original mass, but also gives back gifts of energy and potable water.
The share price in any company suffers when they turn quiet and pink. Their tech must work or they would have given up by now.
;)
News :) International Power Group, Ltd. Announces Its 2009 Shareholders' Meeting
http://ih.advfn.com/p.php?pid=nmona&cb=1251999698&article=39320725&symbol=NO^IPWG
Nope, two ticks and headed for three, then four, five, six, etcetera.
lolol...
P.S. It's dudette, not dude.
;)
Well I agree with Gail. Since the R/S, the all-time low was hit on 8/14 at .0014 and I just don't think we'll see that again. Yesterday was a great buying opportunity. On the other hand, the market has had a BAD attitude so far in September, so you just never know.
;)
It shows that Atwell is following through on what he said he'd do--expand the company's distribution network, which is one of several revenue-producing projects he has been working on. He has hired Thompson to get the job done. Anyway, isn't the appointment of a new officer/President a material event? Show me the FLUFF, Floridaboy!
lol
And I agree with you. This morning I'm looking at an ask of .084, then .19, with a tightwad bid of .06. Should be fun with the teeny 6.997 million float...
;)
Hiya Soldier. Long time no see. I also got in last week at .055 based on their share structure update and seriously lofty plans. Nice to see an IHUB board (and your friendly face) here!
Best of luck to you and everyone!
And funny. I was watching L2 as the daytraders were dumping their shares BELOW the bid--over and over again--like 4 p.m. means the end of the world as we know it. Too funny (not that I'm not grateful...).
lol.
Sinovac Biotech's H1N1 vaccine passes experts evaluation organized by SFDA
Font size: A | A | A
8:03 AM ET 8/31/09 | Briefing.com
Co announces that its H1N1 vaccine has passed the experts evaluation organized by State Food and Drug Administration. The vaccine is expected to obtain the production license within this week. On August 30 and 31, 2009, State Food and Drug Administration organized and held an experts evaluation conference focused on A/H1N1 vaccines to evaluate SVA's H1N1 vaccine, which has recently completed a clinical trial. Top-line results from the trial demonstrated SVA's H1N1 vaccine to have a good safety profile and immunogenicity factors that reach the EU criterion after a single shot. No severe adverse events were reported after inoculation. Based on the results of the evaluation, the experts unanimously agreed that SVA's H1N1 vaccine is applicable to all people from 3 to 60 years old and the vaccination schedule is single shot. The result of the experts evaluation conference will be submitted to SFDA on September 1st, which will be the primary opinion for SFDA to issue the production license.
It's their potential earth-changing technology and the international interest and support that is impressive. It's really too soon to be looking for company earnings/profits, don't ya think?
The company has been very quiet while the share price has gone crazy up and down and now back up again on no formal news. Somethin' must be up...
Mr. Fsshon, according to pink sheets, as of August 14, 2009 there were 16,734,366 shares short in LEHMQ; 4.16 days to cover, and as of the same date in WAMUQ, there were 55,684,341 shares short; 9.29 days to cover.
http://pinksheets.com/pink/quote/quote.jsp?symbol=LEHMQ#getShortInfo
;)