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 > $250,000,000

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Comment by talcinoon Jul 25, 2015 4:56am

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Post# 23959397

RE:RE:RE:$250,000,000

(1) "... with 30 million shares out, we should be looking at about $8.00 per share, ..." But this money (if we get it) will be distributed only to the shares that were purchased during the "class period", am I right?

(2) Mad, what do you guess are the chances these two people will pay (willingness and cabability)

(3) On this past Thursady, PUDA price was closed at 0.01, instead of 0.001 for most of the days during the last two years, and the number of shares sold/bought on Thursday was also much higher than usual. What happened on Thursday related to this news?

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