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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

Post by coldheaton Jul 22, 2013 1:23am
173 Views
Post# 21621099

Case moving to the underwriters

Case moving to the underwritersSome activity this week regarding the underwriters, Brean and Mcquarie.(sp)
I am aware of a pending motion for summary judgement and there is some sort of legal fight over discovery which they are not very interested in furnishing to the plaintiffs...If you read the requests for documents, it would be pretty clear why they are objecting....looks like they are on a fishing expedition...looking for something to help their case..and perhaps others...
Strange how that works..".I am suing for money because you did something wrong, and now I am trying to find out what you did?????"
Gotta love the legal proffession.....lol
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