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Last $1.18 USD
Change Today +0.07 / 6.31%
Volume 67.5K
AMCF On Other Exchanges
As of 8:10 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

andatee china marine fuel se (AMCF) Snapshot

Previous Close
Day High
Day Low
52 Week High
09/18/14 - $3.65
52 Week Low
03/27/15 - $1.06
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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andatee china marine fuel se (AMCF) Details

Andatee China Marine Fuel Services Corporation, through its subsidiaries, engages in the production, storage, distribution, and trading of blended marine fuel oil for cargo and fishing vessels in the People’s Republic of China. The company also produces customer specific products using its proprietary blending technology. It sells its products through distributors, as well as to retail customers in Liaoning, Shandong, Jiangsu, Shanghai, Guangdong, and Zhejiang Provinces. The company is based in Dalian, the People’s Republic of China.

189 Employees
Last Reported Date: 03/31/14

andatee china marine fuel se (AMCF) Top Compensated Officers

Chairman of the Board, Chief Executive Office...
Total Annual Compensation: $150.0K
Chief Financial Officer
Total Annual Compensation: $24.5K
Compensation as of Fiscal Year 2013.

andatee china marine fuel se (AMCF) Key Developments

Andatee China Marine Fuel Services Receives Non-Compliance Notice From Nasdaq

Andatee China Marine Fuel Services Corporation announced that the Company received a notification from the Nasdaq Stock Market (Nasdaq) informing the Company that since it had not filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2014, the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1). The Nasdaq notification letter does not result in the immediate delisting of the Company’s common stock, and the stock will continue to trade uninterrupted under its current trading symbol. The Company must submit a plan of compliance with the foregoing listing deficiency by no later than June 5, 2015. If its plan is approved by the Nasdaq staff, the Company may be eligible for a listing exception of up to 180 calendar days (or until September 28, 2015) to regain compliance. If the Nasdaq staff concludes that the Company will not be able to cure the deficiency, or if the Company determines not to submit the required materials or make the required representations, the Company's common stock will be subject to delisting by Nasdaq.

Andatee China Marine Fuel Services Corporation Appoints KCCW Accountancy Corp. Replacing Friedman LLP as Independent Registered Public Accounting Firm

On March 30, 2015, the Audit Committee of the Board of Directors of Andatee China Marine Fuel Services Corporation terminated the engagement of Friedman LLP, the company's independent registered public accounting firm, effective immediately. On March 30, 2015, the Audit Committee engaged the services of KCCW Accountancy Corp. as the company's new independent registered public accounting firm to audit the company's balance sheet as of December 31, 2014, and the related statements of operations and comprehensive income, changes in equity, and cash flows for the year then ended. KCCW will also perform a review of the company's unaudited quarterly financial information as of and for the quarters ending March 31, June 30 and September 30, 2015, respectively.

Andatee China Marine Fuel Services Corporation Announces Resignation of Shao-Hua Chu as an Independent Member of the Board

On March 17, 2015, Shao-Hua Chu informed the Board of Directors of Andatee China Marine Fuel Services Corporation that he resigned as an independent member of the Board.


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