Sino Bioenergy Corporation (EM) (SFBE)

In case you're interested.

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=171330

Lots of action in SFBE over the last few weeks. Someone bidding 45K shares at .12.

Volume started back.. could get interesting

.... and look at that volume over 100k ... all the filings to get us current and stop off ... wonder how we'll be looking in a month

Just noticed that the Stop and the Yield sign on OTC markets site is gone now that SFBE is fully current to Sept30/2016

Now have OTC Pink current info sign
We'll see if anything happens now...

http://www.otcmarkets.com/stock/SFBE/quote

Curious where this is going. It has a pretty high mc ($140M) considering it's financials.

Pretty tough to consider pulling the trigger on it now.

3. Related Party Transactions

b) For the three months ended June 30, 2016, Sino Bioenergy owed its CEO, Hoi Ming Chan $36,451 for expense reimbursement and unpaid salary. As of June 30, 2016, Sino Bioenergy owed its CEO $36,451 and Daniel Mckinney $470,713 in expense reimbursements and unpaid salary

McKinney didn't earn it.

Q2 has been posted ... so we are current
I'm sure Q3 will be up on time as well
... all this activity there must be a reason

http://www.otcmarkets.com/financialReportViewer?symbol=SFBE&id=161420

Q1 has been posted.

http://www.otcmarkets.com/financialReportViewer?symbol=SFBE&id=160994

This company has confused me since McKinney left. If he has. Odd, that Burns is still IR.

I was going to post a few notes from the Q but I don't think it's necessary for anyone that might be interested here.

SFBE has been pretty impressive. It ran from a triple digit sub-penny stock to .10 and has maintained that level since June, in an otherwise terrible market for penny stocks. Does anyone know anything about this company?

SFBE bullish 0.1000

bull flag
ascending triangle

SFBE continues to look strong. Even after being up over 1000% in a few months, there is still a 200K+ bid at .0918.

Congrats, I think you have a winner.
Too late for me to buy now, so I will just watch... and vomit lol

I bought a bunch at .02. I assume this is the real deal. No one has posted on here in a few months, so there is no P & D. Also, the consistency and durability of the rise, looks very solid. Time will tell.

I noticed SFBE when it was 0.006. There was a restriction on it, so couldn't buy it (TDA).

I am guessing there's a takeover in progress

SFBE keeps going up every day. Someone put over 800k on the ask at these levels on friday and it was snapped up. Anyone know what is up with this company?

SFBE super thin and moving

Oops. I was wrong. ( :

~SFBE~Buying @ 0110~All time low~Huge discount to book value

~SFBE~ Buying 02 and under

~SFBE~ Buying the 02 range

There's hope for this company now. ( :

Sino Bioenergy Appoints New CEO

Sino Bioenergy Corp. (OTC Pink:SFBE) (Borse Berlin:3SF) today announced that it has appointed a new Chief Executive Officer to replace Daniel Mckinney who resigned from his position as Chief Executive Officer, President and Director.

The Company is pleased to announce that its Chief Operating Officer, Hoi Ming Chan has been appointed Chief Executive Officer and President of the Company.

New CEO, Hoi Ming Chan commented, "I am pleased to take the helm of the Company at this time of our exciting growth. Our Huizhou Biotech subsidiary will continue to work toward expanding production and sales throughout 2014. We anticipate delivering solid revenues and profits for Q4 and doubling our revenues and profits for 2014 by expanding its rice cultivation bases in China and overseas and via rice seed sales."

Ming Chan concluded, "We are grateful for the contributions of Daniel Mckinney for his eight years of service as CEO / director and for his tireless efforts and persistence in restructuring and cleaning up the Company to bring us to this current position of growth and profitability."

Mr. Chan is an inventor of new energy technologies and has a number of individual registered patents pertaining to environmental and energy applications.

SFBE is current in its reporting under the OTC Alternative Reporting Standard.

Established in May 2005, Sino Bioenergy Corp. is a Nevada Corporation that trades on the OTC Pink (symbol: SFBE) and Bourse Berlin Exchange (symbol: 3SF). Please see our websites at: www.sinobioenergy.com. Total shares outstanding: 711,915,750 as of February 13, 2013.

Complete failure. But still promising a great future.

Is this company really worthy of a $28M market valuation?

Has anyone figured out what kind of shell game, McKinney is running here?

How can he be "acquiring" all these companies with no cash and still not have any revenues show up on their balance sheet?

We have not generated any revenues from our operations during the three-month period ended December 31, 2012 or during last two years

Some of these companies supposedly have employees, yet he refers to SFBE as a development stage company.

I notice McKinney doesn't say a word about ASPZ in his bio. That's understandable.

But he should have proofread his accomplice's.

He is an inventor of new energy technologies, Mr. Chan has a number of individuals registered on the environmental and energy aspects of the new patented technology certificates, and participants are a number of waste disposal plant in China to build power generation projects work, keen on new environmental protection energy technology research and commercial applications many cities in China to establish new energy R & D and manufacturing base. At the same time, Mr. Chan is also good business operations and market development specialist, he was the world high-tech cooperation, market integration has a wealth of experience

Read the filings. This company is a joke.

At a $30M mc, it's a rather overpriced one, at that.

I wonder if McKinney will ever get the filings current.

He's only up to 2011 now.

As I expected. Like crap.

Quarterly Out...Hows it look slojab???

Sino Fibre Communications, Inc. (Pink Sheets:SFBE), announced today that it has signed a sales contract via its Dalian Xinbao Biomass Co., ("DBX") subsidiary for 15 Biomass Machines for US$25 million to Europe.

DXB also signed a sales contract to sell five anaerobic combustion gas generating system machines to Cyprus. The five sets of machines will use (refuse derived fuel) "RDF" produced from the olive oil extraction process and generate power through gas which can handle 12 tons per day per unit producing 264,000 cubic meters of biomass gas.

Through this system of five machines, it can generate 5,000 kw/hour of power at a total annual power generation of 43,800,000 kw, and can replace the use of 26,000 tons per year of standard coal and eliminate the carbon emissions derived thereof.

Further, a Letter of Intent has been executed for ten sets of Biomass Machines ordered from Greece. Each machine is of medium size with a capacity at 2,200 cubic meters of biomass gas per hour.

The 15 sets of anaerobic gas power generation systems can save up to 78,000 tons of standard coal, which is equivalent to the reduction of carbon emissions. Through the utilization of olive residue, a by-product obtained from the olive oil extraction process, it can solve the problem of olive oil residue waste disposal and convert it into renewable energy and thus into power generation. The production capacity of the factory is 100 sets of machines per year, representing a sales value of approximately USD 200 million.

Daniel McKinney, CEO of Sino Fibre, commented; "This sale vindicates the recent acquisition of DBX and the revenue will provide a strong foundation for SFBE. It also demonstrates the execution of our business plan and the cutting edge direction for our biomass energy and business opportunity."

The Company is working towards getting the financials and SEC filings current.

Looks like no one's buying the news.

http://ih.advfn.com/p.php?pid=nmona&article=48076577&symbol=SFBE

Two things.

First, your entire perspective could be wrong.

Second, there's no reason to think the odds are that it isn't.

As to.....Again trying to be objective here. I think when investing it is always wise to neither LOVE or HATE the stocks you follow. Just here to make money.(: When you lose your objectivity you will make bad decisions either losing money invested or missing out on an opportunity to make lots of money.(:

Given Dan's history and the very nature of pinks, I think I'm being more objective. Besides, I personally don't believe in "investing" in pinks. History supports trading them over investing in them.

Especially with the track record Dan has.

Slo,

Trying to look at your comments objectively, probably the most pertinent point to the contrary for the shareholder, is that the company bought out by SFBE must have felt that a valuation of 22 cents for SFBE was an appropriate valuation for SFBE, otherwise why would they ever accepted so few shares.

The other things one might imply would be as follows

#1 there is likely a provision to buy the remainder of the company at an even higher price (for fewer shares yet).

#2 the company bought out must feel their technology can be not only synergistic with SFBE but accretive to the bottom line, which ultimately will increase their profit or ROI.

#3 the current price of 8 or 9 cents is an absolute steel.

Again trying to be objective here. I think when investing it is always wise to neither LOVE or HATE the stocks you follow. Just here to make money.(: When you lose your objectivity you will make bad decisions either losing money invested or missing out on an opportunity to make lots of money.(:

Personally IMO, I think this will be big a winner not only short term but long term.

I've never run a publicly traded company trading on the Pinks where I could lie and withhold information and make up all sorts of things with no fear of being caught. Yes, you're right.

What's that got to do with setting some arbitrary inflated future sp for a purchase of some unknown company in a foreign country?

You asked what my point was and I clarified. I'm still waiting for an explanation, if you have one.

I think congratulations are in order to management for buying such an asset as announced for the number of shares they did

Were congratulations also in order when he announced ASPZ bought the interest in the Macau gaming company, only to find out in a Q filing that the MOU expired months earlier and it never happened as he said?

Trust is a delicate thing. Easily broken. Dan shattered it.

Slo,

You obviously have never run a company. Your suggestions here are ill conceived and misleading.

I think congratulations are in order to management for buying such an asset as announced for the number of shares they did.

Of the 3 options below I will always prefer the least number of shares (dilution) being given out.

Buying the company at 22 cents a share for 230 mill sh.

vs

buying the company at 8 cents a share for over 500 mill sh.

vs

buying the company at 4 cents a share for over a bill shares.


Honestly, this is very good news for the shareholder

Pro.

My point is that I don't understand establishing a sp of $.22 for the supposed acquisition when the sp is currently at $.085.

"Supposed", because I don't exactly believe there is one, yet.

yes that is true, but I still don't see your point.

Do you think was a bad acquisition?

What would you suggest be done differently??

pro

The sp is $.085. Not $.22.

Slojab,

I don't follow your thinking here. "what is wrong with this picture" What in your opinion is wrong with this acquisition?

pro

SFBE is issuing 230,681,000 shares at a share price of $0.22 a share, to reflect the US$50.75 million acquisition.

What's wrong with this picture, too? lol

The acquisition price will be RMB140 million (USD 21.53 million) with shares of SFBE based at USD0.2/share, which is approximately 107.69 million shares

What's wrong with this picture?

Not surprisingly, neither company in today's pr has a web presence.

It's called an LOI, Dan.

Sino Fibre Communications, Inc. (OTCBB:SFBE), announced today that it has executed a contract to acquire 100% of Champion Great Limited "CGL."

CGL owns 70% of Zhejiang Jin Hua Yi Xin Technology Co. Ltd ("ZJH"), which owns 100,000 sq. meters of land and is in the process of building a 50,000 sq. meter (538,195 sq feet) factory. The appraised value of Zhejiang Jin Hua is RMB350 million (USD 53 million). The construction of the factory will be based on the design of Hebei Fuhua Group and will apply its technology in waste treatment and conversion. Jin Hua City is located at central Zhejiang Province with a population of 4.6 million and an area of 10,918 sq. kilometres. Total waste collected is approximately 6000 tons a day for that city. ZJH has agreement with the city government to construct a waste treatment plant handling 1000 tons of waste each day in the initial stage. The acquisition price will be RMB140 million (USD 21.53 million) with shares of SFBE based at USD0.2/share, which is approximately 107.69 million shares.

Daniel McKinney, SFBE Chief Executive Officer, commented on this acquisition, "This deal is important to us as we can use the patented RDF technology acquired recently in our last acquisition and consolidate all the revenues into SFBE as we are purchasing 70% of ZJH."

The Company also confirmed that it has already retired 112 million of the 140 million shares back into the Company treasury issued pursuant to the terminated ECL acquisition. The remaining 28 million will be retired shortly.

Just to refresh everyone's memory on the last "acquisition" they "closed on", here's the pr announcing it. This is the same company that they're now telling you they didn't actually "close" on, after all.

HONG KONG, Oct. 15, 2010 (GLOBE NEWSWIRE) -- Sino Fibre Communications, Inc. (OTCBB:SFBE) announced that it has closed an acquisition to acquire 50.1% of Europe-China Commercial Union Holdings Ltd "ECL" for US$100 million.
The consideration for the $100 million acquisition was 400 million SFBE shares ($0.25 per share) representing 140 million SFBE newly issued shares (valued at US$35 million) and a promissory note for 260 million SFBE shares (valued at US$65 million). ECL indirectly holds a 70% interest in approximately 70 sq. kilometers of leased land in Inner Mongolia Province, China. The land rights expire on 31 December 2049.
Daniel McKinney, CEO of Sino Fibre, commented on this new business; "This acquisition is a major turning point in the history of our company and propels us into the high growth arena of bio-energy, bio-diesel, wind and solar farms in China. With our large land resource in Inner Mongolia, the company can develop multiple streams of cash flows in this high growth, green sector."
The company will be appointing new management and board of directors, as well as changing the company name to Sinobioenergy.com. Please see: www.sinobioenergy.com

here we are @ bottom,i would not mind to have such a chart as here :

http://ih.advfn.com/p.php?pid=webchart&btn=s_ok&ctl00%24sb3%24tbq1=Get+Quote&as_values_IH=&ctl00%24sb3%24stb1=Search+iHub&symbol=OTCBB%3AELRE&s_ok=Get+Chart&period=6&drawmode=0&size=19&volume=1

a company u blame !!!

i dont have much,but my 250k i will vbe able to sell,and if it happens so far up,no prob hehe


no worries,i will sell before 8$ no advise needet,i´m old enough,dont need any kind a "samarita" here lol


euro

Would you care to discuss the pros and cons of Mr McKinney with me sometime?

Start with the timeline of events surrounding ASPZ. And end with it being a worthless pos and all "investors" losing their money.

I have confidence in his skills to do the best for the shareholders and company, he possesses integrity and the ability to work in these complex markets.

So far, Torino only exists in the pr. It may not exist at all. THAT'S the way it works sometimes in the pinks. ( :

Torino has a Chinese name???

Everything I know has been posted on the boards of ASPZ and ELRE.

Dan has made his living off the shareholder.

Trade his companies. DO NOT invest in them.

I've posted on all Dan's boards. ASPZ was the first. Read up on what transpired there. Macau was a lie! A lie he didn't come clean to until CAUGHT!

I then realized ELRE was an overpriced hyped pos and look at it now. Dan's out, btw.

SFBE cannot be dd'ed. THAT should give you pause.

same here,i got the advise to buy some from over here in europe. a person i trust allot ;)

euro

I forgot to mention Torino. Everything I find seems to be associating it with SFBE news.

Maybe I should look for it under it's Chinese name on the Hong Kong Exchange!

SD