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CSNG registration revoked:
https://www.sec.gov/litigation/opinions/2019/34-86394.pdf
So now what? I saw 10,000 volume the other day at zero
CSNG SEC Suspension for severely delinquent Financials/Filings:
https://www.sec.gov/litigation/suspensions/2018/34-84191.pdf
Order:
https://www.sec.gov/litigation/suspensions/2018/34-84191-o.pdf
Admin. Proceeding:
https://www.sec.gov/litigation/admin/2018/34-84190.pdf
I got an email from them, they said we should hear from them after Chinese New Years. They new year start tomorrow.
That is encouraging. Will have to look at translating it. Could be a homerun soon. It has flushed out completely.
Not quite sure when new site came online. It must have been recent. The new site is not fully functioning. Some of the pages 404. For whatever reason the site doesn't translate through online translator so I'm not sure what anything says. Site looks nice though and they added an English option. It looks like they may have repositioned as a health company. It says zhuoyi health in English on the page. Trying to research this further and get a page translation.
I am worried about suspension. Impression I get is management cares about this place and it will get current at some point. Hopefully news is really good. It's been a while.
When did it come up new? In the last few days? There is a danger of getting suspended because they still haven't filed financials for a long time. That's a real risk here.
I asked if it is game over yet and they told me that they were on track for the end of the year. If they ever say anything, it would be fun, but if they dont, it will not be fun.
Anything new you are hearing? Company has to speed up here, they are delinquent for a long time now and right now the SEC is suspending delinquent filers on a daily basis lately.
Drifting upwards
I was told that something new is coming in and that they are keeping the ginseng beverage as well. Reverse merger=very likely.
Website now says under constriction. Also they renewed their business license on nvsos. I was getting worried but something big must be in works. They've been silent a while.
Reverse merger???
Seems like some pressure is building. Starting off slow, but looks locked up.
Yes looking a bit better for now.
Nice to see such little volume hold some paper gains.
Can't set your watch to rumors. We will see
Ok great. Let's see if it can do something.
There will be a little load likely before the push. I was told May to watch for something.
Yes but no volume. Would love to see this wake up again. Still holding plenty.
Nice to see a nibble.
Mr. Liu, Changzhen may be the CEO again.
Not on my side. You were the one with a good contact.
Any whispers?
Someone came after my order and matched it basically. Im not sure whats the game, but I will keep adding if they keep working.
Its pretty likely.
Unlikely but possible yes.
They wrote me back with "waiting"..........maybe I took half that volume?
Still waiting as well. You still have your contact? What's your take on that block swap a few days ago?
I see this too. . . more waiting it is. Hopefully we hear something soon.
Website still says moved and no word.....closer though
HA or a big loss depending on which side you were on there.
Someone got a sweet deal.
I think a form 4 or 8k will still be required depending upon amount. The fact we haven't seen any signs of a pump and dump yet is encouraging that the debt was paid. If they paid it something huge must be in the works. We will see soon.
Gotta make volume for anything to transfer.
The note is due on the 31st. If we don't see dillution on this date we are in very good shape. If that note dillutes we will hit a new bottom before bouncing back.
Maybe something is moving forward. Website says that "Document Moved"
There is no doubt that we are bottomed. Its only a matter of how long we stay here.
I'll hold until I get my target which is much higher. China plays are a patience play
Still here. . . hopefully we hear something soon.
I feel good that something is being "consolidated" in march. They are figuring it out, but trust no one.
Any details or just expect in March?
I have a Chinese freind. I was thinking of having them call. I will let you know what happens if they do.
I haven't emailed them in awhile....maybe I will ask if there is an update.
I think so too. We are overdue.
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Our company, China Ginseng Holdings Inc., was incorporated on June 24, 2004 in the State of Nevada. We have been granted 20 year land use rights to 3,705 acres of lands by the Chinese government for ginseng planting and we control through leases approximately 750 acres of grape vineyards.
We plan to recruit distributors for ginseng beverage once funds are available and we intend to recruit one general distributor for ginseng juice in every city in which we sell our products.
We plan to raise funds through equity or debt, whichever is available to us and open online shop at Taobao Marketplace, the biggest online Business to Consumer and Consumer to Consumer platform in Asia, a subsidiary company of Alibaba Group.
China Ginseng Holding is fully reporting at OTC Markets
To read the full details of the Quarterly Report, please click HERE.
From Egdar. Click HERE.
December 2012 - Beardsley Research Report. Click HERE for DETAILS. Despite the date on the report, very interesting 24 page report read (PDF).
Additional DD:
*CSNG: 60 Minute Chart* - End of Day CSNG Chart for 2/27/2015
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111269651
Important DD posts by Cheeky
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111288307
Product pictures and factory pictures by Cheeky
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111197215
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