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Thanks. Well I guess it was getting kind of boring lately with CLAD. Can't say we won't see some action, one way or another, in the next few days, weeks, and months.
yes, that would be, but right now most people probably cant put any sell orders in. Most brokers will require at least a day before they settle the reverse split. That's probably an ask from one of the MM's. Do you have Level 2 and can you see which MM's have bids/asks?
I'm curious.
Well that didn't take long. Split is effective today.
Nice. It seem to be holding well.
What's your guess as to where this settles? I'm thinking about $0.15-.20.
However, the good news for anyone who hangs in here to see what goes down; after the 1-20 split the public float will be, at my estimation, 87,500 shares. The outstanding share count will be 2.3 million.
They would have to register new shares if they wanted to provide any liquidity. Not sure what the goal is with this plan. Usually it's best to have at least 1 million shares in the public float to provide the liquidity. If you don't have enough shares the spread becomes too large.
You've got bigger balls than I do. Had I seen a 1-3, or even a 1-5 split, I would have more hope. At 1-20, I can only see that as giving the current shareholders the shaft. That's something usually reserved for shell companies, not profitable businesses like CLAD.
Well I guess I'll get my Christmas wish of $1/share...just not the way I had hoped.
1-20 R/S coming. Crap, unless there's something in the works behind this, which I have my doubts, this is not good for us holders.
Form 8-K for CHINA LIAONING DINGXU ECOLOGICAL AGRICULTURE DEVELOPMENT, INC.
20-Oct-2014
Amendments to Articles of Inc. or
ITEM 5.03 Amendments to Articles of Incorporation or Bylaws
On October 9, 2014, the Board of Directors authorized the submission of a Certificate of Change/Amendment to the Nevada Secretary of State in which the Company sought to affect a reverse split of its common stock at the rate of 1 for 20 for the purpose of increasing the per share price for the Company's stock in an effort to attract future investors who might otherwise shy away from a good company because of its low stock price. This filing was submitted to FINRA on October 9, 2014 and the Company is currently in the process of providing documentation to FINRA to effectuate the reverse split, which is expected to become effective following the filing of this Current Report. The Certificate of Change is attached as Exhibit 10.01.
ITEM 9.01. Financial Statements and Exhibits
Exhibits
No. Exhibits
10.01 Certificate of Change for Reverse Split Submitted to Nevada on October 9, 2014
Odd, the ask is 4.75, and yet 35 shares traded today at $6.00. MM games I guess.
I started a position at .88ish.
Thanks :)
QMIS, 3.01 x 3.05, not bad from .60 two months ago.
I agree, lets see this go to $1...Christmas is coming...I've got gifts to buy.
thanks, yes, saw that.
Where did everyone go? No trading here for weeks. I guess the mushrooms are growing very slowly.
Nice questioning/call. Not sure if the court ruling is what you meant by your post, but still, nice.
Looks like the Nevada business license is about to expire. Weird how they got the license transferred over to the new "team", and then it's been nothing for a year or more.
http://nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=OdNv1UJOpnPjO7j24XQ9Tg%253d%253d&nt7=0
Yes, the results do look nice. Still waiting on something bigger to happen here though. I may be dead by then.
Another one of Chin's shells that seems to be coming alive as of late is QMIS. It was trading at .10 (granted very little) for the last several months. As of today it's $1.25 x $1.50. Very little volume though, so be careful if you decide to jump in.
QMIS, $1.30x1.50. At least they filed late notice on 7/30. They're way late on the March 31 filing. Still...something seems to be brewing. (VERY jumpy stock, no volume, shell).
Haha. I hope it continues to go that way; for the people who buy today, for the people who buy tomorrow...
I have not been watching NQ. Some sort of buyout?
52-week high. .75x.76.
CLAD continues it's positive climb. .74x.76 today. Very nice. It'll be even nicer when the company puts out some information, or announces an up-listing.
QMIS, great, now .65x5.00, LOL That aught to stop things.
Nice.
QMIS .60x.78, something's up. Very low float China shell that last filed in March. I'm in for a few.
Its harder to buy at a good price.
Back in action today.
Another nice day. Not much volume but the price is up. It would be so nice to get some news from the company soon.
Yes, maybe someone just cleared out their holdings. Odd, but interesting.
There were 33 shares traded here so far today. Was that you? It's Alive!!!
Not much going on here, but at least the company is registered in NV for one more year. Looks like they filed their annual registration last Friday (6/20/14):
http://nvsos.gov/SOSEntitySearch/corpActions.aspx?lx8nvq=z01J%252fGCQpdQ5dQHgOt8ftg%253d%253d&CorpName=CHINA+LIAONING+DINGXU+ECOLOGICAL+AGRICULTURE+DEVELOPMENT%2c+INC.
55K+ volume. I think that's a record. Nice.
Price Size Mkt Time
$0.51 8,500 OTCBB 14:34:57
$0.52 1,000 OTCBB 14:34:25
$0.52 1,150 OTCBB 13:01:27
$0.52 1,000 OTCBB 12:57:43
$0.52 2,000 OTCBB 12:49:14
$0.57 1,000 OTCBB 12:46:04
$0.64 4,500 OTCBB 12:42:01
$0.69 2,000 OTCBB 12:39:10
$0.69 2,500 OTCBB 12:00:40
$0.64 1,000 OTCBB 11:52:47
$0.59 500 OTCBB 11:52:45
$0.55 500 OTCBB 11:52:44
$0.64 3,000 OTCBB 11:52:36
$0.53 2,500 OTCBB 11:42:05
$0.51 500 OTCBB 11:36:30
$0.51 1,000 OTCBB 11:36:27
$0.45 2,500 OTCBB 11:29:21
$0.45 3,500 OTCBB 11:17:38
If you've been wanting to sell at .60, why didn't you sell today? The bid reached that high today.
If you have any shares for sale at $0.02 I will buy them.
Too bad we seem to have a few bid-whackers around. People need to learn how to trade on the OTC. People get too anxious and drive the bid down rather than wait for the buys to come to them.
.69x.71. Weeere Baaack.