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Bullboard - Stock Discussion Forum 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... see more

GREY:PUDA - Post Discussion

Puda Coal Inc > Update page 2
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Post by coldheat on Sep 02, 2013 10:27pm

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.

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