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Bullboard - Stock Discussion Forum
Puda Coal Inc
PUDA
Coal
Steel
Coal
Steel
Puda Coal, Inc. (Puda) is a supplier of high-grade metallurgical coking coal to the industrial sector in the People’s Republic of China (the PRC or China). Its processed coking coal is primarily purchased by coke and steel producers for the purpose of making the coke required for the steel manufacturing process. Puda’s operations are conducted by Shanxi Puda Coal Group Co., Ltd (Shanxi Coal...
), which it controls through 90% indirect equity ownership. Puda cleans raw coking coal sourced from third-party coal mines primarily located in Liulin County, Shanxi Province, and markets the cleaned, coking coal to coke and steel makers. Its primary geographic markets include Shanxi Province, Inner Mongolia Autonomous Region, Hebei Province, Beijing and Tianjin, China. It purchases raw coal from a diversified pool of local coal mines in Shanxi Province.
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Bullboard (GREY:PUDA)
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Comment by
coldheat
on Jul 14, 2014 3:44pm
RE:Motion to dismiss count IV by Brean and McQuarie is Denied
Some analysis......This motion was made in regard to the facts regarding what is now called "The Kroll Report" that was distributed to the defendants 6 days before the Puda Prospectus was
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on Jul 14, 2014 3:33pm
Motion to dismiss count IV by Brean and McQuarie is Denied
Full docket text for document 399: OPINION AND ORDER: re: (373 in 1:11-cv-02598-KBF) MOTION to Dismiss the Second Consolidated Class Amended and Supplemental Complaint. filed by Macquarie Capital (USA
...more
Quimbaya Gold Inc. - New Directors and Chairman Appointment
posted May 31, 2024 9:00am by
Quimbaya Gold Inc.
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Alexandre P. Boivin, CEO of Quimbaya, commented: "I am delighted to have Juan Pablo and Pietro join the Company as valuable additions to Quimbaya's leadership team. Both are highly skilled entrepreneurs and bring their industry know-how at an important time for the Company as it prepares itself for the next phase of its growth in accretive shareholder value." ...read more
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coldheat
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Post by
coldheat
on Jul 11, 2014 1:07pm
Judges order......RE: Zhao
Full docket text for document 398: ORDER: that defendants Puda and Ming Zhao shall appear and show cause why default judgment shall not enter against them on Wednesday, September 3, 2014, at 3:30 p.m.
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Comment by
coldheat
on Jul 09, 2014 12:15am
RE:PLAINTIFFS’ MOTION TO ENTER DEFAULT JUDGMENT
The court will be considering a expert report from Peter Lert, PHD who's research and models have indicated that a aggregate damage claim of 236.7 million as out of pocket damages. This info per a
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Post by
coldheat
on Jul 09, 2014 12:01am
PLAINTIFFS’ MOTION TO ENTER DEFAULT JUDGMENT
Plaintiffs in the case have notified the judge to prepare to hear motions for default judgment against Puda Coal Inc. and Ming Zhao at her earliest convenience This is pretty much going to be the end
...more
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Comment by
coldheat
on Jun 18, 2014 3:33pm
RE:Judge issues summary judgement in favor of Moore Stephens
As a personal note to this action, IMO it essentially rips the guts and witnesses out of the Plaintiffs case in the "Amended" new complaint leaving them without much of a case on at least
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on Jun 18, 2014 3:30pm
Judge issues summary judgement in favor of Moore Stephens
VI. CONCLUSION For the reasons set forth above, the Auditors' motions for summary judgment are GRANTED; the Auditors' motions to exclude Hou and strike her declarations are GRANTED; plaintiffs
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Post by
coldheat
on Jun 04, 2014 12:31pm
Nothing much to report yet
I have been on the road for the past few weeks, but continue to monitor the case progress. Replies to the new complaint are coming in. Essentially they are comprised of dozens of pages of denials to
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Post by
coldheat
on May 07, 2014 2:57pm
Updated Court Calender for new complaint
Full docket text: Set/Reset Deadlines: Macquarie Capital (USA) Inc. answer due 6/2/2014; Moore Stephens Hong Kong answer due 6/2/2014; Moore Stephens, P.C. answer due 6/2/2014; Jianfei Ni answer due 6
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Post by
coldheat
on Apr 23, 2014 9:33pm
New Amended Complaint filed
It's about 140 pages with the exhibits, so I am reading though it and will have something to say about it over the next few days... It seems Trellus has based it on the Kroll report in addition to
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Post by
coldheat
on Apr 21, 2014 1:08pm
News on the SEC V Zhao case...delay till Sept.30
HOll. Katherine B. Forrest 2 April 14, 2014 On March 14,2014, we infonned the Court that we had heard nothing further from the Mol However, the Commission's Office ofInternational Affairs ("
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Post by
coldheat
on Apr 16, 2014 2:02pm
Things a bit slow now...
Post ruling to rewrite the complaint, the court and participants are resetting schedules. Everything ground to a halt while this is being done.. I will post it as it comes, when it comes..but I think
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Post by
coldheat
on Apr 08, 2014 10:02pm
Some background on the decsion
Macquarie produced the Kroll report, which plaintiffs claim gives rise to liability under section 10(b) of the Securities Exchange Act of 1934, after it had already exited the action. Trellus has
...more
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Post by
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on Apr 08, 2014 9:57pm
10 day extension
Full docket text for document 346: ORDER granting [345] Letter Motion for Extension of Time to File Consolidated Amended Complaint. Application to extend time to file consolidated amended complaint to
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Post by
coldheat
on Apr 08, 2014 9:54pm
Reversal of opinion, Trellus motion to intervene
Full docket text for document 347: ORDER: For these reasons, the Court vacates its prior decision and grants Trellus's motion to intervene due to "newly discovered evidence that, with
...more
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