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Volume 813.0
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renewable energy trade board (EBODF) Snapshot

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52 Week High
02/3/14 - $7.00
52 Week Low
10/8/14 - $1.04
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Average Volume 10 Days
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renewable energy trade board (EBODF) Details

Renewable Energy Trade Board Corporation, together with its subsidiaries, provides solar energy products and solutions in the People’s Republic of China, Hong Kong, and Europe. The company’s products include solar modules for electricity generation; and related application products, such as solar power stations, solar home systems, solar lighting, and solar chargers. It also designs and installs on-grid and off-grid solar systems used in lighting for outdoor public facilities and in commercial buildings. In addition, the company is involved in the solar power plant development, as well as construction and installation of rooftop solar systems. It sells its products to residential, commercial, industrial utilities, and power plant developers. The company was formerly known as China Technology Development Group Corporation and changed its name to Renewable Energy Trade Board Corporation on October 24, 2012. Renewable Energy Trade Board Corporation Group Corporation was founded in 1995 and is headquartered in Central, Hong Kong.

223 Employees
Last Reported Date: 04/27/12
Founded in 1995

renewable energy trade board (EBODF) Top Compensated Officers

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renewable energy trade board (EBODF) Key Developments

Renewable Energy Trade Board Corporation Files Form 15

Renewable Energy Trade Board Corporation announced that it has filed Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock of par value $0.01 per share under the Securities Exchange Act of 1934, as amended.

Renewable Energy Trade Board Corporation(NasdaqCM:EBOD) dropped from NASDAQ Composite Index

Renewable Energy Trade Board Corporation will be removed from NASDAQ Composite Index.

Renewable Energy Trade Board Intends To Voluntarily Delist From NASDAQ

Renewable Energy Trade Board Corporation announced that it intends to voluntarily delist its common stock from the Nasdaq Stock Market and deregister the Company as a reporting company with the Securities and Exchange Commission. The Company has notified the Nasdaq Stock Market of its intent to voluntarily delist its common stock from the Nasdaq Capital Market and will file a notice on Form 25 relating to the delisting of its common stock with the SEC on or about February 11, 2013, but no earlier than February 11, 2013. The Company expects that the trading of its common stock on the Nasdaq Capital Market will be suspended on the date the Form 25 is filed, with the official delisting of the Company's common stock becoming effective ten days thereafter. Simultaneously with the effectiveness of delisting, the Company plans to file a Form 15 with the SEC to terminate its reporting obligations under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Upon the filing of the Form 15, the Company's obligations to file certain reports with the SEC, including Form 20-F and Form 6-K, will immediately be suspended. The Company expects that the deregistration of its common stock will become effective ninety days after the date the Form 15 is filed. The deregistration of the Company's common stock is subject to the SEC's review. Following the delisting, it is expected that the trading of the Company's common stock by continuing shareholders may be effective through privately negotiated transactions or on the Pink Sheets, a centralized electronic quotation service for over-the-counter securities, so long as market makers demonstrate an interest in trading in the Company's common stock. However, the Company can provide no assurance that the trading in its common stock will continue in the Pink Sheets or in any other form. The decision to voluntarily delist and deregister its common stock has been driven by the Company's goal to reduce current expenses and to avoid future expenses associated with the NASDAQ listing and compliance with SEC reporting requirements, which include audit, legal and other administrative fees. The Company's common stock is very thinly traded on the Nasdaq Capital Market and has generated no significant institutional investor interest or analyst coverage. The Company's Board of Directors authorized the delisting and deregistration of the Company's common stock after concluding that the consequences of remaining an SEC-reporting company, including the significant costs associated with regulatory compliance, outweighed the current benefits of remaining listed on the Nasdaq Stock Market. The Company believes that the expense reductions inherent in delisting and deregistration will benefit the Company and its shareholders and serve to maximize the long term value of the Company. In addition, the deregistration will enable the Company's senior management to focus more of its time and resources on operating the Company and enhancing shareholder value.


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