China Fruits Corp. (fka CHFR)

[adijas]

I agree with the previous Q's. Didn't expect the big loss in last Q. I don't believe it is due to a switch in focus, but rather that they lost a overseas client.

Gross revenues were $5,850,335 for the three months ended March 31, 2015, compared to gross revenues of $8,015,860 for the same period ended March 31, 2014. The decrease in revenues during the first quarter of 2015 was due primarily to the decrease in revenues from oversea markets. After the expansion in network of franchised retail stores, the Company switched its focus from oversea markets to the domestic market.

I don't believe it is due to a switch in focus, but rather that they lost an overseas client. I still think company has a bright future and hope they can recover later this year.