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.

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Puda Coal Inc > About the new Judge "Denise Cote"

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Comment by talcinoon Nov 14, 2014 9:46pm

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RE:About the new Judge "Denise Cote"

Maybe the reason for the judge replacement is that the new judge is more (maybe much more) experienced in "securities" related suitcases? When will the results (conclusions) of today's default hearing come out? Next week? Will Zhao's lawyers be willing to participate in the "further opportunity" (given by the new judge) to discuss (negotiate) the damage amount? Let's wait and see.

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