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Saturday, 08/06/2011 3:14:18 PM

Saturday, August 06, 2011 3:14:18 PM

Post# of 1139
Some light reading - IDCX due diligence

I think some of us have done enough DD to determine that the company is in fact a very real and viable one.

Of course, as the week progresses, many here will share what they've uncovered.

By the looks of the Top Institutional holders of IDCX, we have

China Blueberry 29.9M shares

Advanced Dragon 10M shares

Glory 5M shares

Tsoi (Tik Man) 2.6M shares (the spiteful seller????)

Meuse (Joseph) 2.4M shares (the spiteful seller????)
*******************************************************************************************

Due to the volume of over 2,000,000 shares having traded the past two sessions, it seems highly likely that Tsoi and/or Meuse liquidated their holdings.

If that is the case, that means that the remainder of the O/S is being held in strong institutional hands, as indicated here:

http://data.cnbc.com/quotes/IDCX/tab/8

Also feel free to go to the following link to uncover the fact that North China Horticulture, appears to be a fully reporting and viable company.

http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=IDCX:US

208 Employees
Last Reported Date: 05/23/11

Key developments for NORTH CHINA HORTICULTURE INC (IDCX)
North China Horticulture Inc. expected to report Q2 2011 results on August 22, 2011. This event was calculated by Capital IQ (Created on May 26, 2011).
05/26/2011

Im thinking what occured was a DELUGE of distressed/spiteful selling of an extremely "low float" stock by angered Chinamen that had a personal grudge.

Once they are done, we should get one heck of a reversal as smart money gobbles up their shares and adds to their core postion multi 100%'s higher.


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