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Re: None

Friday, 03/25/2011 9:23:53 AM

Friday, March 25, 2011 9:23:53 AM

Post# of 423
http://www.sec.gov/news/digest/2011/dig032411.htm

Why did the SEC remove CNAG's news of being REVOKED from their SEC News Digest page?

Issue 2011-57
March 24, 2011

ONE POSSIBILITY:
They never got the 10 day SEC Order Instituting Proceedings (OIP) notice, as their address was not current.

It is possible to rectify with SEC.


"In addition to its repeated failures to file timely periodic reports, Respondent has also failed to heed a delinquency letter sent to it by the Division of Corporation Finance requesting compliance with its periodic filing obligations ((( or, through its failure to maintain a valid address on file with the Commission as required by rule, did not receive the letter.)))"

http://www.sec.gov/litigation/admin/2011/34-64117.pdf

Anything further is unknown at this time.
CNAG is still expanding in China doing well by all observations.
May be just temporary negligence that they will rectify with penalties, interest, & transparency becoming current with SEC.
Who knows...
They CAN move to another foreign exchange, where shares can be traded possibly. Therefore, shares are not necessarily worthless!
AND IT'S NOT OVER!

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