China Tracker - Safety/Risk Model (Stage One) for Sancon Resources Recovery (SRRY)


Warning: fopen(): php_network_getaddresses: getaddrinfo failed: Name or service not known in /home/fixyou/public_html/tracker_srm.php on line 52

Warning: fopen(http://finance.yahoo.com/d/quotes.csv?s=SRRY&f=snl1a2xf6): failed to open stream: php_network_getaddresses: getaddrinfo failed: Name or service not known in /home/fixyou/public_html/tracker_srm.php on line 52

Warning: fgetcsv() expects parameter 1 to be resource, boolean given in /home/fixyou/public_html/tracker_srm.php on line 54

Warning: fclose() expects parameter 1 to be resource, boolean given in /home/fixyou/public_html/tracker_srm.php on line 55
 Sancon Resources Recovery
 Going Public
Market Segment:
Going Public: 2006-05-26Reverse Merger
 Auditor
Auditor: Kabani & Company
Number of Auditors (since Jan 1, 2009): 1 
Auditor Resignations (since Jan 1, 2009): none 
 Internal Controls
Internal Controls (Management): not effective
Internal Controls (Audit): not performed 
Senior Management Changes (since Jan 1, 2009): 2 
Number of CFOs (since Jan 1, 2009): 3
CFO Resignations (since Jan 1, 2009): 2
Main Shareholder (Jack Chen): CEO 
Ownership Percentage: 35.27% 
 Analyst Coverage
Total Coverage: no coverage
 Indicators
New Shares / Dilution (TTM): 0.93 million4.04%
Short Interest: no data 
Account Receivables (MRQ): $1.28 million0.00%
 Recent Events
Delinquent with SEC Filings: YES
Short Seller Attacks (Corporate Governance): NO 
Detailed Fraud Allegations: NO 
 
 Auditor History (since January 1, 2009)
2006-12-01Kabani & CompanyAppointment
 Senior Management Trail (since January 1, 2009)
2011-07-01Amy Ping LiInterim CFOAppointment
2011-06-30Maggie ZhangInterim CFOResignation
2009-07-31Maggie ZhangInterim CFOAppointment
2009-07-31Gary LiCFOResignation
2008-08-27Gary LiCFOAppointment
2008-08-27Klaus ShenCFOResignation
2007-04-12Klaus ShenCFOAppointment
2007-04-10Richard YanCFOResignation
2006-06-01Richard YanCFOAppointment
SRRY
Waste & Water Treatment
SAFETY/RISK SCORE
38%
HIGH RISK
Detailed Score: 285/750
Current Price:  n/a
F10k Day (2007-01-03): -100.00%$0.35
2009 Close: -100.00%$0.33
2010 Close: -100.00%$0.28
High (2012-07-20): -100.00%$0.04
Low (2012-02-28): -100.00%$0.01
Exchange:
Market Capitalization: n/a
Total Shares: 23.97 mill
Float: n/a
Last Quarter: 2011-06-30
Revenue (MRQ): 3.13 mill
Net Income (MRQ): 0.25 mill
Op. Cash Flow (MRQ): 1.03 mill
all financial data provided without warranty