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Food stamps overwhelmingly subsidize WalMart as an example. I don't believe there are "traditional dems" or republicans.
The export-import bank is an atrocity but it has had full support from Democrats. Government subsidies and legislation pushing "green energy" boondoggles ethanol, wind turbines that efficiently kill birds (including protected/endangered ones), etc.
There are a million examples to point to on both sides of the aisle.
There is no virtuous political party. When they claim they're doing something virtuous by getting gov't involved more in our lives it is always to the benefit of some of their corporate masters. There are very very very few exceptions in the form of individual politicians (eg Ron Paul) but these are the minority.
The two political parties just play the citizenry against each other to the benefit of the political and corporate elite. They're both bad.
You don't honestly think that republicans are the only party that is bought and paid for by big business do you?
what is with CHANGBAI AND CNOA, PLEASE?
got your pm-i dont look here alot--------i got out before they delisted-----luckily ----i woukd think you could just write off your loss as they are gone for good-----tmonkey
My broker cannot sell the shares for $1.00 as there is still a transfer agent. I have the telephone # of the transfer agent.
They are still the transfer agent and want $500.00 for worthless shares. They have not heard from CNOA in 3 yrs.
What do I do with my CNOA shares?
Tmonkey, What did you do?
Sell them for $1.00 to the broker?
no but got Pennies on the dollar on the first one in 2008----------now unlisted and nothing left -------tmonkey
Are you involved in the current suit?
the older lawsuit gave Pennies on the dollar after the lawyers got thru with us and then they were still trading-----last suit will see nada----and what a bitch filing all the paperwork!!!!!!!!!----------tmonkey
No one here really knows. They've been delisted here in the US. But they might well still be in business in China.
Those of us involved in the lawsuit against this company certainly hope they are still viable.
Is this company dead or still in business?
Just for historical reference:
Symbol Date Open High Low Close Volume
CNOA 05/29/2013 0.0035 0.0035 0.0035 0
CNOA 05/13/2013 0.0035 0.0035 0.0035 0
CNOA 05/10/2013 0.0035 0.0035 0.0035 0.0035 1000
CNOA 05/09/2013 0.002 0.002 0.002 0.002 6000
CNOA 04/17/2013 0.0044 0.0044 0.0044 0
CNOA 04/16/2013 0.0061 0.0061 0.005 0.005 289130
CNOA 04/15/2013 0.0061 0.01 0.0061 0.008 200000
CNOA 04/12/2013 0.01 0.012 0.007 0.012 178925
CNOA 04/11/2013 0.0071 0.015 0.0071 0.013 115000
CNOA 04/10/2013 0.0075 0.0075 0.0071 0.0071 28000
CNOA 04/09/2013 0.0082 0.0082 0.0075 0.0075 2560
CNOA 04/05/2013 0.007 0.007 0.007 0
CNOA 04/04/2013 0.01 0.015 0.0071 0.015 52190
CNOA 04/03/2013 0.0065 0.01 0.0065 0.01 6250
CNOA 04/02/2013 0.007 0.0104 0.007 0.0104 353755
CNOA 04/01/2013 0.0051 0.0051 0.0051 0.0051 8900
CNOA 03/28/2013 0.0051 0.0051 0.0051 0.0051 100000
CNOA 03/26/2013 0.0051 0.0051 0.0051 0
CNOA 03/22/2013 0.0051 0.0051 0.0051 0
CNOA 03/21/2013 0.0055 0.0055 0.0055 0.0055 34000
CNOA 03/20/2013 0.0055 0.0055 0.0055 0.0055 2600
CNOA 03/15/2013 0.0055 0.0055 0.0055 0
CNOA 03/14/2013 0.0055 0.0055 0.0055 0.0055 10400
CNOA 03/13/2013 0.0065 0.0065 0.0055 0.0055 95800
CNOA 03/11/2013 0.0055 0.0055 0.0055 0
CNOA 03/08/2013 0.006 0.006 0.006 0.006 3500
CNOA 03/07/2013 0.0075 0.0075 0.006 0.006 208000
CNOA 03/05/2013 0.0076 0.0076 0.0076 0
Now that's what I call a venue change, lol.
This company was an entire scam from day one.
CNOA: SEC revoked:
http://www.sec.gov/litigation/admin/2013/34-69663.pdf
NEWS: Venue Change
Mon, Apr 22, 2013 12:00 - China Organic Agriculture, Inc. (CNOA: Grey Market) - Venue Change - The symbol, CNOA, no longer trades on OTC Link. As of Mon, Apr 22, 2013, CNOA trades on Grey Market. You may find a complete list of venue changes at otcmarkets.com.
Six years too late demonstrates the SEC's dereliction in enforcement. Six months late in filing should be cause for an SEC Suspension, because there are no excuses for not filing basic Financials as a public company.
Six years is quite outrageous for the company and the Grand Poobah SEC to let the delinquencies last that long.
Porky Pig could do a better job of enforcement and regulation.
They're about 6 years late on this one.
Better late than never I guess.
CNOA SEC Suspension:
http://www.sec.gov/litigation/suspensions/2013/34-69407.pdf
ORDER:
http://www.sec.gov/litigation/suspensions/2013/34-69407-o.pdf
Admin Proceeding:
http://www.sec.gov/litigation/admin/2013/34-69409.pdf
Thank you, JMJ. I have spoken with your Atty. and am glad to await the outcome of the suit.
We seem to have a pretty strong case. My question is how enforceable is a favorable judgment?
One step at a time....
I, JMJ, declare that I have reviewed the Verified Shareholder Derivative Complaint (“Complaint”) prepared on behalf of China Organic Agriculture, Inc. and authorize its
filing. I have reviewed the allegations made in the Complaint, and to those allegations of which I have personal knowledge, I believe those allegations to be true. As to those allegations of
which I do not have personal knowledge, I rely on my counsel and their investigation and for that reason believe them to be true. I further declare that I am a current holder, and have been a
holder, of China Organic Agriculture, Inc. common stock at all relevant times.
A letter was sent to the Agent and this is what I signed recently.
The CPA firm is trying the get the original lawsuit dismissed.
Good to know. Could you elaborate a little, please? Catch us all up, if you would?
Perhaps a link to some court house filings?
Derivative lawsuit filed last Friday. We get the rights of CNOA in filing against CPA firm.
small buys pushin this fast------------wonder what a pr and big buyers would do???????????????-one can dream a bit-----tmonkey
look at the dates of all the posts--whats goin on now???--------tmonkey
CNOA 73,157,232 O/S a/o Apr 10, 2009
http://www.otcmarkets.com/stock/CNOA/company-info
CNOA Sept 30, 2010 $181,309,879 assets - $86,787,623 Liabilities
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7574008
Why? IS this really a good buy one might wonder?...
http://www.otcmarkets.com/stock/CNOA/quote
otcmarkets on cnoa
it's alive:
0.02 + 0.007 (+53.85%)
Volume: 260,200
Hope to so 0.03 today our this week.
Pretend Headlines
Andy Guo admits there is 34 cents per share and it will be given as a dividend.
Okay actually he does not have email anymore.
Well I thought I'd dabble a little in TTEG too as the setup was clear. But, ETRADE is not accepting orders on it currently. That's a problem...
I tried picking some shares up for .27 (ask) today as I see it's been trading well enough since being halted last summer. None where available...
Bought current shares at about .38, should have sold at $1, LOL, been waiting for .20 shares for almost a year now. I sold APWR shares at about $15 two years ago!!! This one will take several events to fix, new directors, new CFO, new auditor, new financials and current financials, but they do have real operations with the main central government sending them large contracts for power plants, both conventional power plants and green, solar, wind, and biomass....plants
It may bottom soon, and quickly, that is why I mentioned it. A lot of shares were spoon fed by TTEG contractors and suppliers, and many older bag holders had sold at Feb-March highs, making for a lot of shares being sold. Double bottom target is obvious, the Dec 2011 all time low, about .023 IIRC, or a new low, either might show in the next 2 weeks. On the other side, the stock has been selling off to good news the last 3 months, and the next good news could be real orders...check out the old news and old posts, lots of real good info in them. This could be another MVTG, with the trick being to buy the knife as it bottoms. Our friend SE, bought nearly a million shares of MVTG in Dec last year at about .004 on my advice!!! LOL
Ones worth keeping a close eye on now are APWR and TTEG, both getting close to a screaming buy, but may take a while, and lots of patience.
Thanks. Guess I'll leave this and move on... Truely amazing.
This one is tied up in court, long drawn out law suit, and went dark as a result a good while back. I watching it closely last year before it fell apart, never bought. It sounded like a successful Enron - Cargill style trading firm (futures and inventory) trading wholesale food in China in its heyday, then it started changing the business plan, and IIRC one of the US firms that loaned them money sued for fraud last year, and the suit is still pending. I may not have the details exactly right, and I forget the names...etc, but that is the general overview. I don't recall if the shares can even be bought anymore?
Looks like another one of those fine Chinese stock scams where the company is real enough but the majority owners of the shares have only one interest, dumping shares. Am I right or way off base here? JMHO.
thanks for the update. Please provide your contact info. I would very much like to speak with you. thanks.
Message from my Attorney. Its ironic since I was the first person to take action to have a shareholder lawsuit.
Unfortunately we lost the motion on being selected lead plaintiffs and lead counsel. The other opposing motion won. The court looked at the largest loss and they had it. Even though we are not in charge of the litigation, I will let you know as the case proceeds. If you have any questions, please email or call me.
Or maybe no one can find out anything and no one really cares... you decide
With lawsuits pending, I'm sure everyone involved is playing it close to the vest. Understandable. Still it would nice to know the progeress of said lawsuits....pretty sure that info is permissable since it can be found in public records.
Hoping for the best all the way around.
Nope. It would appear nobody cares ...
No one listens, no one cares... anymore
Care to report any findings, updates or anything on this company? :)
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China Organic Agriculture, Inc.
Dedicated to providing organic as well as green food and drink for Chinese and overseas consumers, improving health of consumers.
www.chinaorganicagriculture.com
COMMON
PREFERRED.
CNOA is headquartered in China.
Ankang Agriculture (Dalian) Co., Ltd is committed to coordinating the production and sales in mainland China;
it locates in Dalian - China's main window city of the commodity grain business base;
it engages in a wide range of branding operation and is a strong driver for CNOA's development in China.
Flagship product - Rice brand named "Saint Rice"
New product line - Mountain specialty brand named "Lesser Khingan Range"
Related DDCNOA acquired 60% shares of Dalian Baoshui District Huiming Industry Ltd, which is mainly engaged in bulk agricultural products trading and effectively expands CNOA's product diversification;
it is one of the strongest grain distribution enterprises in Northeast China.
Vice President at Chamber of Commerce in Heilongjiang Province;
Major customers are all large enterprises, accounting for 80 percent of its total sales;
Main businesses focus on soybean, corn, etc.
Related DDFar East Wine Holding Group Ltd. locates in the worldwide recognized wine city - Hong Kong;
The company specially engages in distribution business of high quality wine.
Far East Wine Holding Group Ltd. produces various grapes used in Chardonnay wine, Merlot wine and Cabernet Sauvignon wine;
it manages OEM specially for Chinese and Asian consumers and outputs brands - It is in cooperation with local wineries on production and OEM;
it caters to variuos consumer groups.
Related DDLocated in Mountain Changbai Protection and Development Zone, the company is a garden-style plant in the forest, adjacent to Tianchi.
The company focuses on development and production of ecologically healthy products of Mountain Changbai, with an area of over 10,000 hectares in Mountain Changbai.
In light of the "Natural, Healthy and Innovative" product concept, the company boasts multiform core self-independent intellectual property rights and know-how by capitalizing on top expert teams and abundant ecologic specialty resources.
Changbai Serial Products have become the most distinctive premium product in ecologic resource development of Mountain Changbai and have been granted national invention patents and Gold Award of China Pharmaceutical Health Industry Expo.
*See Latest Acquisition DD
Latest Acqusition DD
Changbai Eco-Beverage Co. (Acquired in March 2010)
http://ih.advfn.com/p.php?pid=nmona&article=42094799
Changbai's products for sale in multiple online stores, their listing in China business directory, some info on at least 5 new stores opened in 2010, and the related 8-K can be found through the following links:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61888374
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61891001
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61895462
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61909179
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62307978
Changbai's Website:
http://www.cbgfkm.com (courtesy of aandt).
http://www.cbgfkm.com/show_list.php?id=4
China Organic Agriculture, Inc. ("CNOA" or "the Company") is composed of several subsidiaries including Ankang Agriculture, Dalian Huiming, Bellisimo Vineyard etc.
CNOA started trading on Nasdaq OTCBB by reverse merger since March 15, 2007. CNOA is a diversified leading company based in China and primarily engaged in processing and distributing high-quality natural food. It mainly engages in green and organic rice processing and distribution, food provision, mountain specialty trading, production and marketing of ice wine and red wine. Its products are distributed throughout China to fulfill the rapidly growing demand in healthy food.
Operational advantages are mainly reflected in five aspects, including fast growth of organic food market, corporate branding management, large-scale distribution network in big cities across the country and business expanding via capital operation.
The current and future business model of CNOA is trading. However, the Shareholders and management have realized the defect of the business model, so they will take brand operation and corporate M&A as the future development direction, and will involve a number of organic agricultural sectors, such as non-genetically modified foods, organic fruits and vegetables, premium drinks, edible fungi, organic pesticides, etc. The continuous development of CNOA will gradually promote product diversification and improvement of the industrial chain. As a main task of Ankang Agriculture, the medium and high-end branding management is the new strategic core which involves purchasing, processing and marketing of rice, canning and marketing of ice wine, purchasing, packaging and marketing of mountain specialty.
Growth Strategies
Enhancing the building of green and organic food product base.
Developing the production and sales business of green and organic serial products.
Strengthening management and reinforcing internal control.
Initiating merger & acquisition operations, further expanding CNOA businesses, enriching and perfecting the production chain.
Market Strategies
Continuing with wholesale or group sale through agents in major cities across the country.
Delivering products to consumption terminals by establishing cooperation relationship with prominent supermarkets.
Status Quo & Future Countermeasures
Currently, the main business model of the Company is trading. The Shareholders and management have realized the deficiency; thus, the Company will redirect the development through brand operation and merger & acquisitions, which involves many organic agricultural sectors, such as non-genetically modified food, organic fruits and vegetables, superior beverages, edible fungi and organic pesticides. The constant development of CNOA will gradually facilitate the product diversification and the production chain perfection. On the other hand, the medium and high-end brand operation that Dalian Ankang is working on is the new strategic core, such as rice processing and sale, ice wine canning and sale, mountain specialty purchase, packaging & sale.
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Fiscal Quarter | 2010 (Fiscal Year) | 2009 (Fiscal Year) | 2008 (Fiscal Year) | |||||
March | ||||||||
Revenue | $32,353(t) | $36,727(t) | $7,521(t) | |||||
EPS | 0.04 (3/31/2010) | 0.05 (3/31/2009) | 0.02 (3/31/2008) | |||||
Dividends | N/A | N/A | N/A | |||||
June | ||||||||
Revenue | $31,295(t) | $30,018(t) | $3,702(t) | |||||
EPS | 0.04 (6/30/2010) | -0.05 (6/30/2009) | 0 (6/30/2008) | |||||
Dividends | N/A | N/A | N/A | |||||
September | ||||||||
Revenue | $42,632(t) | $39,656(t) | $42,689(t) | |||||
EPS | 0.02 (9/30/2010) | 0 (9/30/2009) | 0.17 (9/30/2008) | |||||
Dividends | N/A | N/A | N/A | |||||
December (FYE) | ||||||||
Revenue | $37,454(t) | $58,782(t) | ||||||
EPS | 0.15 (12/31/2009) | 0.15 (12/31/2008) | ||||||
Dividends | N/A | N/A | ||||||
Totals | ||||||||
Revenue | $106,281(t) | $143,856(t) | $112,695(t) | |||||
EPS | 0.1 | 0.15 | 0.34 | |||||
Dividends | N/A | N/A | N/A |
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