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CNER China New Energy Group Company (PK)

0.018
0.00 (0.00%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
China New Energy Group Company (PK) USOTC:CNER OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.018 0.015 0.018 0.00 12:45:56

- Initial Statement of Beneficial Ownership (3)

23/09/2010 4:08pm

Edgar (US Regulatory)


FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Vicis Capital, LLC

2. Date of Event Requiring Statement (MM/DD/YYYY)
5/1/2009 

3. Issuer Name and Ticker or Trading Symbol

China New Energy Group CO [CNER]

(Last)        (First)        (Middle)

445 PARK AVENUE, SUITE 1901

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            ___ X ___ 10% Owner
_____ Officer (give title below)          _____ Other (specify below)

(Street)

NEW YORK, NY 10022       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Series B Convertible Preferred Stock     (2)   (3) Common Stock   38292135     (5) I   See Footnote   (1)
Warrant to Purchase Common Stock     (2) 5/1/2014   Common Stock   7814719   (4) $0.187   I   See Footnote   (1)
Series A Convertible Preferred Stock     (2)   (3) Common Stock   47888645   (4)   (6) I   See Footnote   (1)
Warrant to Purchase Common Stock     (2) 8/20/2013   Common Stock   9577727   (4) $0.187   I   See Footnote   (1)

Explanation of Responses:
( 1)  Represents the indirect holdings of Vicis Capital LLC. All of the foregoing represents securities held directly by Vicis Capital Master Fund. Vicis Capital LLC acts as investment advisor to Vicis Capital Master Fund and therefore has voting and dispositive power over all the foregoing shares. For the purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, Vicis Capital LLC may be deemed to be the beneficial owner of, but hereby disclaims such beneficial ownership of, the foregoing shares.
( 2)  Immediately.
( 3)  None.
( 4)  The terms of each of the Series A Convertible Preferred Stock and the Warrants to Purchase Common Stock contain conversion caps, which prevent the holder from converting such securities into shares of the Issuer's Common Stock if such conversion would result in such holder owning more than 4.9% of the Issuer's Common Stock.
( 5)  Each share of Series B Convertible Preferred Stock is convertible, subject to adjustment, into 35 shares of Common Stock.
( 6)  Each share of Series A Convertible Preferred Stock is convertible, subject to adjustment, into 35 shares of Common Stock.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Vicis Capital, LLC
445 PARK AVENUE, SUITE 1901
NEW YORK, NY 10022

X

Vicis Capital Master Fund
445 PARK AVENUE, SUITE 1901
NEW YORK, NY 10022

X


Signatures
/s/ Andrew Comito, Authorized Representative of Vicis Capital LLC and Vicis Capital Master Fund 9/22/2010
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

1 Year China New Energy (PK) Chart

1 Year China New Energy (PK) Chart

1 Month China New Energy (PK) Chart

1 Month China New Energy (PK) Chart