China Shuangji Cement Ltd.(fka CSGJ)

[Alberta2]

I don't know for sure, ... I think the stock gets downgraded to a ".pk" status (?) but can still be bought/sold, ... it just means there is less rigour on company reporting, either that or it is on the warning track before being de-listed and disppearing.

An American or Canadian company would go in to bankruptcy/receivership and assets sold to pay off outstanding debts/fines (if not restructured to continue operations), and anything remaining given to owners/shareholders ....

I am not sure how a share-holder can put a claim on assets for a Chinese company.