"I bet we will get more out of this locally produced piece than the AGM"
I was right. The SEC ruling on 09 auditor through them a curve. Otherwise we would have seen audited financials.
Nothing really has changed. Just need a little more time.
They want to re list. That is clear.
Search for Co name 西安市宝润实业发展有限公司 then use search tool to show one month results and you will see a lot of results with " job" in them. Hit Translate.
But the qualification requirement #2 would disqualify them I am afraid.
Gas station staff (Xi'an)
Company Name: Industrial Development Co., Ltd. Xi'an Baorun Pictures (25) Location: Shaanxi - Xi'an Industry: Energy Company Type: Private Company Education: secondary Company size: 201-500 employees Salary: Negotiable Published: 2013-12-19
1, with a strong sense of service, in accordance with the service specification for the warm reception stations for each customer;
2, in strict accordance with the safety management requirements and operational procedures to complete the refueling work;
3, responsible for cleaning tanker maintenance work;
4, complete other tasks assigned by the leadership.
1,20-40 years old, secondary education;
2, steadfast serious, honest and trustworthy, strong stability;
3, good health and can be hard;
4, language fluency;
5, veterans preference.
Note: The company provided free accommodation and insurance. Please send your resume and photos sent to my company mail, through pre-qualified candidates, the company will arrange for an interview as soon as possible. Thank you for your attention!
For those that have been following this for a while the Lingao plant acquisition and expansion has been discussed before.
In the video I posted go to 8:54 and you will see the workers at the Lingao plant entrance with the expanded facility in the background. Storage tanks under construction can also be seen if you look.
Now if you go to the CBEH co web site under BioD. production ...potential acquisition and click on the picture you will bring up several photos of the plant. Click on the top right photo to bring up a hi resolution photo of the entrance and shift around using the left click zoom till you get a close up of the entrance...Its the same place before the expansion.
I would like IR to explain this....LOL
Someone emailed me that the were having trouble pulling it up .Here is how to do it.
Do a Google search for these characters 宝润集团形象宣传片 ( use cut and paste) then select the first result from top of page which should have id=520 at the end of the header.
Shows new Gen 2 plant in operation plus all other aspects of co. Wish I new Chinese. If you stop the video at some of the locations near the end you will see shots of the new plant in Lingao. It maybe where the new construction shots were taken as well.
I bet we will get more out of this locally produced piece than the AGM. LOL
Search for this then select the one that has id=520 at end .
Here is the reg.
Delivery of Proxy Statements and Information Statements to Households
SECURITIES AND EXCHANGE COMMISSION
17 CFR Parts 230 and 240
b) If the solicitation is made on behalf of the registrant, other than an investment company registered under the Investment Company Act of 1940, and relates to an annual (or special meeting in lieu of the annual) meeting of security holders, or written consent in lieu of such meeting, at which directors are to be elected, each proxy statement furnished pursuant to paragraph (a) of this section shall be accompanied or preceded by an annual report to security holders as follows:
(1) The report shall include, for the registrant and its subsidiaries, consolidated and audited balance sheets as of the end of the two most recent fiscal years and audited statements of income and cash flows for each of the three most recent fiscal years prepared in accordance with Regulation S-X (part 210 of this chapter), except that the provisions of Article 3 (other than §§ 210.3-03(e), 210.3-04 and 210.3-20) and Article 11 shall not apply. Any financial statement schedules or exhibits or separate financial statements which may otherwise be required in filings with the Commission may be omitted. If the financial statements of the registrant and its subsidiaries consolidated in the annual report filed or to be filed with the Commission are not required to be audited, the financial statements required by this paragraph may be unaudited. A smaller reporting company may provide the information in Article 8 of Regulation S-X (§ 210.8 of this chapter) in lieu of the financial information required by this paragraph 9(b)(1).
It is my reading of the SEC Proxy regs. That an annual report must be sent with proxy material and such a report must include financials audited or not. Otherwise you cant get proxies.
"At this time, the audit of the Company’s financial statements for the fiscal years ended December 31, 2012, 2011 and 2010 has not yet been completed. The Company’s audited financial statements for the fiscal year ended December 31, 2009 were audited by its prior auditor, Sherb & Co, LLP (“Sherb”). In a recent Securities and Exchange Commission (the “SEC”) order, which was announced on November 7, 2013, Sherb was barred from practicing before the SEC. As a result, the Company cannot include any Sherb audit opinions in its future filings and the financial statements for the fiscal year ended December 31, 2009 must be re-audited. Since the audited 2009 financial statements form the basis for subsequent audit periods, the Company was unable to complete all required audits in time to be included with the proxy materials. "
They should request another extension in Delaware court Due to Sherb ruling by SEC.. They would get it IMO
Per SEC regs. All info mailed with proxy will have to be filed with them.
If CBEH sends out an annual report which has to have financials in it or a 10K in lieu of the Annual report format it will still get filed with SEC. But from what I have read it will be a 10k version but either way we get to see the numbers. They have to file it with SEC by the date they mail it to us.
"Definitive proxy statement and other soliciting material.
Eight definitive copies of the proxy statement, form of proxy and all other soliciting materials, in the same form as the materials sent to security holders, must be filed with the Commission no later than the date they are first sent or given to security holders. Three copies of these materials also must be filed with, or mailed for filing to, each national securities exchange on which the registrant has a class of securities listed and registered."
10K and annual report are not the same.
The annual report to shareholders is the principal document used by most public companies to disclose corporate information to their shareholders. It is usually a state-of-the-company report, including an opening letter from the Chief Executive Officer, financial data, results of continuing operations, market segment information, new product plans, subsidiary activities, and research and development activities on future programs. The Form 10-K, which must be filed with the SEC, typically contains more detailed information about the company’s financial condition than the annual report.
Reporting companies must send annual reports to their shareholders when they hold annual meetings to elect directors. Under the proxy rules, reporting companies are required to post their proxy materials, including their annual reports, on their company websites. Companies sometimes elect to send their Form 10-K to their shareholders in lieu of providing shareholders with an annual report. Some companies may submit their annual reports electronically in the SEC’s EDGAR database
Will be interesting to see if they came close to the $40 mill profit frcst they gave for 2011.
Well we will get reaudit of 2010 and year end 2011 numbers in annual report format.
Great news if numbers for 2011 are good.
Shows intent to relist IMO.
2012 numbers should not be too far behind.
Info for CC. -Shareholders can submitt questions to IR by the 12th
Stockholders who are unable to attend the meeting in person may use the following conference call lines: Hong Kong
access +852 3027 5500; U.S. access: +1 85 5753 2229 or toll free: +1 866 978 9970 or China access: +86 400 681 6405 or +86 400 658 8165, with the following participant code: 846075#. This conference call line will be in listen only mode.
Search for this then translate
See # 11 for CBEHs operating Co.
Not many considering the size of China......It is real.
Publicity deadline: November 15, 2013 - November 21, 2011 (a total of 7 days).
Supervision Tel: 28280328 (county organization department personnel working Branch)
Fourth, good corporate management personnel Awards list of candidates recommended (4)
Wang Xiaoping, male, born in February 1975, a native of Xi'an, the Han nationality, university degree, the current general manager of Hainan Huanyu New Energy Co., Ltd.. ( FYI: This is new name for Lingao Chem. plant) 2010 to 2012 for three consecutive years was head of Xi'an Baorun Industrial Development Co., named outstanding management cadres. 2012, was Lingao County non-public economic organizations working committee named outstanding communist.
Well that looks like a direct tie in. Former CBEH employee is now Plant GM,
Anyone ever meet this guy Wang Xiaoping