looks like there were bad trades from China on HPJ, and shares can not be freely traded on internet. Rule 144: Selling Restricted and Control Securities
When you acquire restricted securities or hold control securities, you must find an exemption from the SEC's registration requirements to sell them in a public marketplace. Rule 144 allows public resale of restricted and control securities if a number of conditions are met. This overview tells you what you need to know about selling your restricted or control securities. It also describes how to have a restrictive legend removed.
I do not know . thats what the local office said. maybe bs, but he said scottrrade didnt do it. I sold at 6.25 and was going to get back in under 6.00 but if I can get in and out quickly, I will not bother with this stock. too much time calling the office to make trades.
Tried to place a bid on this stock and scottrade gave me a message that I had to call the broker to trade the stock, no internet trades, local office said that the market maker wants to make sure that the trades on this stock are legitimate. I internet traded it yesterday but not able to trade it today.
DEF 14A 1 v391365_def14a.htm DEF 14A
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INFORMATION REQUIRED IN
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
(Amendment No. )
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Check the appropriate box:
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o Soliciting Material Pursuant to sec. 240.14a-12
HIGHPOWER INTERNATIONAL, INC.
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
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HIGHPOWER INTERNATIONAL, INC.
NOTICE OF ANNUAL MEETING OF STOCKHOLDERS
You are cordially invited to attend the Annual Meeting of Stockholders (the “Annual Meeting”) of Highpower International, Inc., a Delaware corporation (the “Company”), to be held on November 29, 2014 at 10:00 a.m. China Standard Time at the Company’s principal executive offices located at Building A7, Luoshan Industrial Zone, Shanxia, Pinghu, Longgang, Shenzhen, Guangdong, 518111, People’s Republic of China.
The Annual Meeting of the Company is being held for the following purposes:
1. To elect five (5) members to the Board of Directors to serve for one-year terms ending at the 2015 annual meeting of stockholders;
2. To ratify the appointment of Marcum Bernstein & Pinchuk LLP as the independent registered public accounting firm of the Company for the year ending December 31, 2014; and
3. To transact such other business as may properly come before the meeting or any adjournments thereof.
The Board of Directors has fixed the close of business on October 2, 2014 as the record date (the “Record Date”) for determining those stockholders who will be entitled to vote at the Annual Meeting.
The Company’s Annual Report on Form 10-K for the year ended December 31, 2013, as filed with the Securities and Exchange Commission on March 31, 2014, is enclosed with this notice. The following proxy statement and enclosed proxy card is being sent to each stockholder as of the Record Date. You are cordially invited to attend the Annual Meeting, but if you do not expect to attend, or if you plan to attend, but desire the proxy holders to vote your shares, please date and sign your proxy card and return it in the enclosed postage paid envelope. The giving of this proxy card will not affect your right to vote in person in the event you find it convenient to attend. Please return the proxy card promptly to avoid the expense of additional proxy solicitation. If you are a stockholder who owns shares through a nominee and attends the Annual Meeting, you must obtain a legal proxy from the broker, trustee or nominee that holds your shares giving you the right to vote the shares at the Annual Meeting.
Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting to Be Held on November 29, 2014: This Proxy Statement and the Annual Report on Form 10-K for the year ended December 31, 2013 are also available at HTTP://HighpowerInternational.INVESTORROOM.COM.
FOR THE BOARD OF DIRECTORS
/s/ Henry Sun
Henry Sun, Chief Financial Officer and Corporate Secretary on behalf of the Board of Directors
Dated: October 16, 2014
FCC certification ... stock will hit $3.00 today
John C. Coleman, xG's CEO, stated, "xG's operating activities and sales and marketing outreach accelerated from first quarter. With strong new sales leadership in place, we further upgraded our sales force during the quarter, conducting over 30 demonstrations with more than 50 potential customers. We also extended our product's capabilities with the development, in just one fiscal quarter, of the xRM, a dual band wireless solution designed for the rural telco market to reliably meet and exceed all performance requirements, both current and those under discussion, for the rural carrier; we expect to receive FCC certification by mid-September and to begin shipping late in Q3. We have made measurable progress in each of our four target verticals, public safety, rural broadband, utility and government/DoD. For the second half of the year, we are single-mindedly focused on revenue generation through the winning of reference accounts, deeper penetration of our target verticals and conversion of our backlog. With a tremendous revenue opportunity, a paradigm-changing technology, a strengthened sales and marketing force and strong momentum in opportunities for revenue and growth, we are prepared to deliver."
Look for a big break out to record highs !!!!!!!!!!!!!