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 Tracking 1027 U.S. listed China Stocks and Counting...
 Tracking 1320 U.S. Stocks and Counting...

China Digital Communication Group is a U.S. (Nevada) corporation with its business headquarters in Shenzhen, one of China's key manufacturing centers. Its primary business is the manufacture of components for batteries used in mobile phones and other digital devices. The company has set a strategic goal of becoming the largest telecom-equipment producer, marketer and distributor in China, with a significant presence in the U.S. market as well.

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Sticky7927 Addfavorites NEWN
 

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Public11313 Addfavorites NEWN
 

Say what you want about the possible shady dealings involving this company, but I think NEWN is about to pull a VALV-type move over the next few days. Gotta love this morning's news involving Apple, Motoroal & Samsung .....

http://finance.yahoo.com/news/New-Energy-Systems-Group-prnews-2910677418.html?x=0&.v=1 

Not to mention that NEWN is past their 10-K and Q1 dealings with the auditor and especially reiterating EPS guidance of $1.75 for 2011, making the stock very very enticing here at the current PPS of $2.63

Public9973 Addfavorites NEWN
 

New Energy Systems (AMEX:NEWN) drifting to new lows...

Public9798 Addfavorites NEWN
 

My guess is they are going to use this loan to finance an acquisition of themselves again, just like buying Kim Fai aka Anysolar aka Anytone.  Who accepts a loan backed with their own equity?  Then they could dilute with the shelf offering and steal more money.  I wonder what name they are going to come up with this time.  I tried to do a quick search for shenzhen battery companies that have websites newly registered in the last few months, but I got bored quickly and stopped.

While usually the yahoo boards are 100% garbage this one thread by atenderpraise is quite interesting, I couldn't help but laugh at NEWN.

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_N/threadview?m=te&bn=111191&tid=11614&mid=11614&tof=32&frt=1#11614

I definitely recommend a look if you haven't seen this before.  Just waiting for the hit piece and the stock to go to zero.

Public3454 Addfavorites NEWN
 
From August 16th on, NEWN will be listed on AMEX
Public3413 Addfavorites NEWN
 
5 minutes ago they filed for registration of their securities on AMEX!
Public3158 Addfavorites NEWN
 

A new investor presentation is available via 8-K form SEC filing today. The investor presentation was shown to investors at the 2010 Global Hunter Securities China Conference on July 11-13, 2010.

They repeated that the 2010 EPS guidance of $1.23 is very conservative and that they do not need money in the near future to fund their growth.

they also repeated that all requirements are met to uplist in the very near future.

 

Xantu.

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