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U.S. China Mining Group, Inc.

US:SGZH
No current share price held for this company.

Past year: ▼ 99%(0.01c – 0.95c USD)

Market cap
—
Shares on issue
—
Story beats
11 since 2002
Last event
29 Mar 2012

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

15 Aug 2014late filing notice▼ Bad

U.S. China Mining Group, Inc. notified the SEC that its quarterly report would be filed late.

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20 May 2014quarterly activities report▼ Bad

U.S. China Mining Group, Inc. reported quarterly revenue of $305 thousand and a net loss of $1.8 million for the period ended 2014-03-31.

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15 May 2014late filing notice▼ Bad

U.S. China Mining Group, Inc. notified the SEC that its quarterly report would be filed late.

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31 Mar 2014late filing notice▼ Bad

U.S. China Mining Group, Inc. notified the SEC that its annual report would be filed late.

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14 Nov 2013quarterly activities report▼ Bad

U.S. China Mining Group, Inc. reported quarterly revenue of $557 thousand and a net loss of $2.1 million for the period ended 2013-09-30.

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16 Aug 2013quarterly activities report▼ Bad

U.S. China Mining Group, Inc. reported quarterly revenue of $528 thousand and a net loss of $1.5 million for the period ended 2013-06-30.

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15 Aug 2013late filing notice▼ Bad

U.S. China Mining Group, Inc. notified the SEC that its quarterly report would be filed late.

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20 May 2013quarterly activities report▼ Bad

U.S. China Mining Group, Inc. reported quarterly revenue of $539 thousand and a net loss of $2.2 million for the period ended 2013-03-31.

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16 May 2013late filing notice▼ Bad

U.S. China Mining Group, Inc. notified the SEC that its quarterly report would be filed late.

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2 Apr 2013late filing notice▼ Bad

U.S. China Mining Group, Inc. notified the SEC that its annual report would be filed late.

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21 Mar 2013director interest notice● Neutral

U.S. China Mining Group, Inc. insider Elan Yaish received a stock option grant for 20,000 shares.

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4 Feb 2013securities registration● Neutral

U.S. China Mining Group, Inc. registered a securities offering with the SEC.

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14 Nov 2012quarterly activities report▼ Bad

U.S. China Mining Group, Inc. reported quarterly revenue of $2.0 million and a net loss of $2.1 million for the period ended 2012-09-30.

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14 Aug 2012late filing notice▼ Bad

U.S. China Mining Group, Inc. notified the SEC that its quarterly report would be filed late.

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5 June 2012securities registration● Neutral

U.S. China Mining Group, Inc. amended an already-effective registration statement.

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21 May 2012quarterly activities report▼ Bad

U.S. China Mining Group, Inc. reported quarterly revenue of $14.5 million and a net loss of $357 thousand for the period ended 2012-03-31.

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15 May 2012late filing notice▼ Bad

U.S. China Mining Group, Inc. notified the SEC that its quarterly report would be filed late.

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30 Apr 2012securities registration● Neutral

U.S. China Mining Group, Inc. amended an already-effective registration statement.

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27 Apr 2012quarterly activities report▼ Bad

U.S. China Mining Group, Inc. reported quarterly revenue of $14.5 million and a net loss of $357 thousand for the period ended 2012-03-31.

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27 Apr 2012quarterly activities report▼ Bad

U.S. China Mining Group, Inc. reported quarterly revenue of $14.5 million and a net loss of $357 thousand for the period ended 2012-03-31.

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27 Apr 2012quarterly activities report▼ Bad

U.S. China Mining Group, Inc. reported quarterly revenue of $14.5 million and a net loss of $357 thousand for the period ended 2012-03-31.

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29 Mar 2012financial restatement▼ BadMajor

Filed March 29, 2012, this says the board concluded on March 27, 2012 that the 10-Qs for the quarters ended March 31, June 30 and September 30, 2011 can no longer be relied on, and they will be restated. A $3,000,000 California Bank & Trust revolving credit line (note dated May 25, 2011, borrowed in full June 26, 2011, secured by $3,000,000 cash deposit) was left off as a liability. The warrants from the January 2011 placement should have been recorded as a derivative liability. The company's own estimates show derivative liabilities of about $3.6 to 7.6 million and net income higher by $5.6 million, $6.5 million and $9.5 million for the three quarters, which are expected figures, not final. The filing also discloses a May 31, 2011 agreement with Majestic Machinery Inc. to broker US coal trading and investments, with $3,000,000 of the loan proceeds paid in and refundable in stated cases, plus commissions of 3% on trades and 1.5% on investments. This is a second restatement after the one announced in September 2009, and the amended 10-Qs have not been filed yet.

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19 Mar 2012director interest notice● Neutral

U.S. China Mining Group, Inc. Chief Financial Officer Xinyu Peng received a stock option grant for 50,000 shares.

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5 Mar 2012director interest notice● Neutral

U.S. China Mining Group, Inc. insider Elan Yaish received a stock option grant for 20,000 shares.

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14 Nov 2011quarterly activities report● Neutral

U.S. China Mining Group, Inc. reported quarterly revenue of $6.3 million and net income of $2.2 million for the period ended 2011-09-30.

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22 Aug 2011quarterly activities report● Neutral

U.S. China Mining Group, Inc. reported quarterly revenue of $11.4 million and net income of $475 thousand for the period ended 2011-06-30.

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15 Aug 2011quarterly activities report● Neutral

U.S. China Mining Group, Inc. reported quarterly revenue of $11.4 million and net income of $475 thousand for the period ended 2011-06-30.

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19 July 2011director interest notice● Neutral

U.S. China Mining Group, Inc. insider Elan Yaish received a stock option grant for 20,000 shares.

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31 May 2011director interest notice● Neutral

U.S. China Mining Group, Inc. Chief Financial Officer Xinyu Peng received a stock option grant for 50,000 shares.

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31 May 2011director interest notice● Neutral

Xinyu Peng became a U.S. China Mining Group, Inc. Chief Financial Officer and company insider (initial ownership filing).

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