Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Sep 02, 2013 10:27pm
188 Views
Post# 21713868

Update page 2

Update page 2

Hon. Katherine B. FOlTest 2 August 29, 2013

On April 12,2013, the Commission sent new Hague service packages to the Mol In late August, the Commission's Office of International Affairs sent an e-mail to the MoJ asking for a status report on the Commission's service request The MoJ responded as follows: "The case numbers for Zhao are 2013-sxs-583 and 584. The case number for Zhu is 2013-sxs-585. The cases are in the process of service by the court system. Generally it takes 4 to 6 months to finish. But it depends."

Given that the cases are "in the process of service" by Chinese authorities, we believe it is advisable to allow additional time for service to be effected on the defendants through the Hague process. The Commission does not plan to rely on the Hague process indefinitely and we propose to provide the Court with another update on service by December 15, 2013.

Sheldon L. Pollock


So........looks like we don't need to worry about a SEC action until at least December 15th.





 

<< Previous
Bullboard Posts
Next >>