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Asia Packaging Group Inc V.APX

Sector: Consumer Cyclical | Sub-Sector: Packaging & Containers

Asia Packaging Group Inc operates a manufacturing facility in Yichun City of Jiangxi Province in China through the Chinese operating company Qingfeng, to engage in the manufacturing, distribution and sale of packing materials in China.
Price: $0.095 | Change: $0.00 | % Change: 0.00%
Volume: 0 | Day High/Low: N/A/N/A | 52 Week High/Low: 0.30/0.095

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RE:RE:Course of action

It has been frustrating to obtain any news about APX. The British Columbia Securities Commission conducts its investigation on a confidential basis and will neither confirm nor deny the existence of...read more
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class action

My name is Carsten Jensen, and I am a lawyer considering bringing a class action in this matter.  Please feel free to contact my office to discuss:  jensenc@jssbarristers.ca  www.jssbarristers.ca  rate and reply
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RE:Course of action

I have been informed by Nick Baker that his firm will not be taking the case because of insufficent resources at this time. Therefore, I am shopping around for another firm to initiate legal action...read more
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Course of action

I would like to see the BCSC take action against these two hoodlum brothers.I beleive all the trades from October to November should be cancelled and the Chinese authorities get involved.I dont...read more
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RE:RE:RE:Investigation

I was just about to initiate legal action myself, so Nick's email is very timely. I have emailed him my thoughts and comments. I believe the shareholders of APX have a strong case and should be able...read more
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A higher profile similar case.

Hanfeng, halted. Cut off funding from China to Canadian office. I am glad there is some examination started.  rate and reply
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RE:RE:Investigation

i echo the same comments; that's fantastic news; welcome aboard.  rate and reply
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RE:Investigation

Welcome aboard Nick. This is the first piece of good news tthat I have seen since the shares were halted in early November.There has been no news from the security commisions,IIROC or the Canadian...read more
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Investigation

I am a lawyer in the securities class action department of Siskinds LLP.  I am based in Ontario. I am posting to advise that we have commenced an investigation into Asia Packaging. The investigation...read more
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RE:idiot brothers?

I am not so sure that they sacrificed anything.The 2 brothers still own the company and it looks like they are trying to get rid of the other shareholders.The cash is still there and I imagine that...read more
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idiot brothers?

As far as I can see, the 2 brothers had 146 million APX shares that were worth $29.2 million (at .20/sh) before the fraud, and then they sacrificed all of that for $8 million in cash; just doesn't...read more
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RE:RE:RE:RE:RE:RE:Directors resign

not sure why the directors resigned; just because they quit before the stock was suspended doesn't mean the ghost of APX won't follow them forever; i'm glad i don't have that footnote to my name  rate and reply
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RE:RE:RE:RE:RE:Directors resign

The media would be all over this situation if this was the first and only time this has happened. Unfortunately, this is a common occurence. Not news at all anymore.  rate and reply
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RE:RE:RE:RE:Directors resign

The BCSC should do something as they are there to protect investors.This is a story that the media should grab and run with.Somebody has got to say something about this stupid situation.  rate and reply
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RE:RE:RE:Directors resign

Failing the BCSC to get anything done, the shareholders should contact the Prime Minister's office.  Because no investor should lose money in the stock market, especially at the hands of Asian...read more
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RE:RE:Directors resign

I appreciate the fact that they went to China to solve matters and it looks like they were not well received.I presume the company is still operating and making money.We shareholders should be a part...read more
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RE:Directors resign

It appears that the Canadian side of the business, (board etc.) did what they could. The troubling news is that the one plant is closed. It is also troubling they did not have the "chops", they are...read more
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RE:Directors resign

I have contacted just about everyone except the Prime Minister as he has a lot on his plate.This behaviour by the Chinese is so wrong and they should not get away with this.I hope that an...read more
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Directors resign

Okay, this really sucks. Looks like we have been stung by a fraud. Now if we want to get any money back, we have got to go after the Chinese authorities. I suggest everyone start contacting the...read more
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RE:RE:Positive News ?

When I spoke to the BCSC, she said that the halt was directed by IROC, she felt that halt was due to the trading activity, which is likely being investigated. That could take a while.  rate and reply