After two years of turmoil in the market for China-based small cap stocks most of the companies find themselves in a dire situation. Their stock price has collapsed and the company's market value is only a fraction of what it was before RINO's demise. The trading volume for most stocks has collapsed as well and there is almost no chance to raise capital anymore. ... (read more)

The singlemost important goal for every Chinese company that decided to become publicly traded in the U.S. was to obtain a listing on a senior exchange, NASDAQ or NYSE / NYSE Amex. The reason that many companies chose a reverse merger as their method of going public was that it was much faster and significantly cheaper than a traditional IPO. ... (read more)

 GUSHAN ENVIRONMENTAL ENERGY (GU): Under the terms of the Amended Merger Agreement, which was approved by the Company's shareholders at an extraordinary general meeting of shareholders held on October 15, 2012, each ordinary share of the Company issued and outstanding immediately prior to the effective time of the merger [...] has been cancelled in exchange for the right to receive US$0.165 per Share and each American depositary share (ADS), each representing 10 Shares, represents the right to receive US$1.65 per ADS (less US$0.05 per ADS cancellation fees), in each case, in cash without interest and net of any applicable withholding taxes. ... (Source: PR Newswire, 2012-10-17)

 RECON TECHNOLOGY (RCON): The high-end segment of China's oilfield service industry has opened more to private companies, and we believe there are opportunities for Chinese oilfield services companies, especially experienced companies that can provide all-in-one solutions for customers. ... (Source: PR Newswire, 2012-10-01)

 YAYI INTERNATIONAL (YYINE): Recent Chain of Events:
2012-08-15 -- Last SEC Filing
2012-04-13 -- CFO Resignation< ... (Source: Trading China, 2012-09-30)

 YUHE INTERNATIONAL (YUII): COVERAGE TERMINATED (Going Dark)
Recent Chain of Events:< ... (Source: Trading China, 2012-09-30)

 QIAO XING UNIVERSAL RESOURCES (XINGF): COVERAGE TERMINATED (Going Dark)
Recent Chain of Events:< ... (Source: Trading China, 2012-09-30)

 WORLDWIDE ENERGY AND MFG (WEMU): COVERAGE TERMINATED (Going Dark)
Recent Chain of Events:< ... (Source: Trading China, 2012-09-30)

 WONDER AUTO TECHNOLOGY (WATG): Recent Chain of Events:
2012-09-19 -- Last SEC Filing
2011-12-13 -- Auditor Engagement< ... (Source: Trading China, 2012-09-30)

 UNIVERSAL TRAVEL GROUP (UTRA): Recent Chain of Events:
2012-08-15 -- Last SEC Filing
2012-05-08 -- Delisting from NYSE< ... (Source: Trading China, 2012-09-30)

 SINOHUB (SIHI): Recent Chain of Events:
2012-09-24 -- Last SEC Filing
2012-09-07 -- Trading halted by NYSE Amex< ... (Source: Trading China, 2012-09-30)

 SINO CLEAN ENERGY (SCEI): Recent Chain of Events:
2012-09-28 -- Last SEC Filing
2012-09-25 -- Delisting from NASDAQ< ... (Source: Trading China, 2012-09-30)