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Puda Coal Inc PUDA

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.


GREY:PUDA - Post by User

Comment by coldheaton Jun 19, 2013 2:34pm
74 Views
Post# 21543538

RE: Status Conference

RE: Status Conference

Forgot to mention something potentially important.....

 

The SEC has also been notified about  the Status Conference regarding their case against Zhao and Zhu....

Although all of the motions that have caused the conference are in regard to counts 1&2 of the Class Action suit against Puda and the current class representative, I found it interesting that the SEC/V Zhao case was also invited to attend or at least notified officially of the conference.

One wonders if the protective order issued at essentially the same moment in time, may be related to the SEC's potential testimony at the conference to be held on the tenth of July.

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