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Someone is probably starting legal action to gain receivership of DEER and get a payoff. They would be buying shares to have at least 5% of the shares outstanding- and the more shares they have the bigger the payoff. Unfortunately to get the receivership usually takes a long time.
Someone is probably starting legal action to gain receivership of DEER and get a payoff. They would be buying shares to have at least 5% of the shares outstanding- and the more shares they have the bigger the payoff. Unfortunately to get the receivership usually takes a long time.
Information about SCEI- Ren is in jail in China - possible settlement coming for shareholders.
I still have my shares.. Any SCEI shareholders-Sino Clean Energy- Ren is in jail in China. Seiden's efforts are paying off.
SCEI-Sino Clean Energy Ren is in jail in China. Seiden's efforts are starting to pay off. Hope we get a good settlement.
SCEI-Sino Clean Energy- Ren is in jail in China. Seiden's efforts are starting to pay off. Hope we get a good settlement.
Any SCEI-Sino Clean Energy stock holders here? Ren is in jail in China. Seiden's effort are starting to pay off. Just hope we get a decent settlement.
Any news?
Yes, They are still trying to get some money for SCEI shareholders.
Interesting article. The author must have a lot of time to spend on screening stocks or a good screener - a lot to cover. on stocks like CCGY .. CCGY should have announced dividend sooner. Receivership group probably knew. The press release was hard to find. Not sure they legally allowed enough time between press release and distribution.
There is a GURE share holders group that is communicating with the company. The group has about 10% of the shares. This is a passive group for communcations with GURE.
Robert Seiden group proposes lawsuit to shareholders that have contacted them. They will take the case on contingency with a small retainer.
TDAmeritrade has the distribution listed as return of capital. This could be changed later.
I care about CCGY trading because I may sell my shares or wait and see how much a future distribution could be. It would likely be a small distribution if there is one but I also am looking at the tax situation. What is best to do sell or hold. I had a large position.
Thanks for posting the links. I also think the first one is probably correct-or close to it.... Don't understand why CCGY is still trading - 85,000 shares have traded so far today.
Anyone know about possible taxes? I am involved in another company and we don't what a settlement to be a distribution. This is distributed as a dividend.
CCGY is still trading. I put in an order to sell 1k shares today and they sold on my offer price. I put the offer in low to see if it still trades because i don't think any shares were traded since the started making the distribution of .06.
This press release from Jan. 9 is the only information I can find. The .06 a share being paid as a dividend I assume is taxable. Then I assume the cost of the shares can be used for tax loss selling. Appreciate information on this. https://www.marketwatch.com/story/china-clean-energy-announces-final-settlement-of-lawsuit-2018-01-09
This press release from Jan. 9 is the only information I can find. The .06 a share being paid as a dividend I assume is taxable. Then I assume the cost of the shares can be used for tax loss selling. Appreciate information on this. https://www.marketwatch.com/story/china-clean-energy-announces-final-settlement-of-lawsuit-2018-01-09
I should have added check the yahoo board for more information.
There is a group forming that now has a total of over 1.1 million shares to contact CELM about getting our money back. We would like to have a larger group although we now have 5% of total shares. If you are interested please email CELOWNERS at aol. If any thing is going to happen with CELM we are going to have to start the ball rolling.