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Hard to imagine that this is a viable pursuit?
How would you envision such a suit being effective and timely for us to recoup any funds ?
I am all ears, but need to be convinced.
Maybe it is better to turn our focus to a venture that has larger potential for return rather than spend precious time on a likely dead-end and valueless company.
China Continental: I am looking for people who lost money in CHCL to start a class action lawsuit against CHCL's assets and their officers and directors. Pls reply to tonwolf@wolftracks-sc.com
Anyone here heard about ETLT. I think some of CHCL management is now at ETLT. can anyone confirm? and what kidn of fraud does CHCL does?
Were they profitable?
what kind of recourse are you guys getting?
DO you just lose all your money?
Sorry for your loss on CHCL. I'm ETLT investor trying to find out if ETLT will end up just like CHCL.
TIA
Stan
Still looking for www or news site where I can read info on CHCL in english - anyone know of anything out there?
Thanks
Is this board still active?
Is their any news on CHCL future plans for business?
Thanks
Princess - where do you get all of your information?
I would like to read your sources.
Please post URLs for us.
Thanks - Jim
Skewing "a" AND the base
Some time ago on Yahoo's message board for HNP, WHB showed that the growth of CHCL's herd of goats could be represented by an exponential algebraic-expression.
If "n" is the number of years since the first generation reached sexual maturity and "a" is the average age of harvest, then the exponent would be (n - (n - a)) when (n - a) is greater than zero.. But WHB said that "a" should be skewed to reflect the fact that males are probably harvested sooner than females.
To illustrate, suppose male goats are processed at age 3 while females are done at age 10. After the third year, the percentage of females in the herd gets progressively larger as does "a".
WHB thought that the base of the exponent should be close to 2. Another poster suggested 1.7 at the beginning. After more thought, WHB believes that the base should also be skewed higher over time reflecting the logic above.
What it all means is that the growth-rate in the size of CHCL's herd will likely accelerate as time goes by. However, CHCL must plan to decelerate the herd's numerical growth at some distant point due to a finite supply of hay and the market's demand-limit. In other words, the rate of harvest will then begin to accelerate until a desirable equilibrium is achieved.
Finally, WHB figures that there should be a way to derive skewing functions. So the herd's size in year "n" would be given by the skewed base-function to the exponent (n - (n - skewed "a"-function) all times the starting size of the herd. As noted in the HNP post, CHCL can and is using "biotech" methods to considerably bolster the starting size.
This math shows what could happen, not what will necessarily or inevitably result.
Kroger (KR) has 15 dairies and 2 cheese plants
according to its Yahoo Profile Expanded Business Description.
See also Institutional owners: Ben and Morgan Stanley
Goat cheeses at FredMeyer
Chavrie 5.3oz (150 g)
Plain and with Basil & Roasted Garlic
$4.49 (50 cents less than at Safeway)
Ski Queen Gjetost 8 oz
$4.49 (20 cents less than at Albertsons)
Ingredients: Whey, milk, goat's milk, cream
Couturier from France 5.5oz
$5.99
Contains Chives & Roasted Garlic
Both FredMeyer and QFC are owned by Kroger (KR)
Capitalizing cheese
CHCL should be able to realize a gross-profit of at
least 1 yuan per oz. That could translate into an
after-tax net-profit of about US$ 3,000 per American
ton (32,000 oz.)
A company the size of CHCL might be able to produce
1,000 tons or 4 million 8-oz units per year in the
not-too-distant future. Although that would amount to
only a little over 1 cent per share, putting a P/E of
say 12 on that EPS would make CHCL worth 12 cents a
share just for its cheese business.
However, 4 million units is not many given the world's
present population. In time, one can imagine growth
on the order of one or two magnitudes (decimal points)
for CHCL's goat cheese.
Say "CHEESE," shareholders!
Favoritism for publicly-traded companies?
Albertsons (ABS) and Safeway (SWY) are both listed on
the NYSE.
As far as can be told, none of the goat cheeses they
carry are produced by publicly-traded companies.
Is the Street asleep?!
Goat's & sheep's milk cheeses at QFC
QFC stands for Quality Food Centers
Couturier Fresh Goat Cheese from France
(Plain and Herb varieties) 4 oz $3.99
Mt Vikos Sheep's and Goat's Milk Blend Feta Cheese
7 oz (200g) $4.99
Best before JUL 28, 2004
Aging: at least 3 months to develop flavor
Valbreso French Feta 7 oz $4.49 (sheep's milk)
Goat Cheese at Albertson's
Ski Queen GJETOST Cheese
1/4 kilo, 8.8 oz (250g)
Retail price: US$4.69
Long shelf life: Best Before 15 MAR 04
About 20 units in store
made by TINE Norwegian Dairies BA, Oslo, Norway
Chevre Fresh Goat Cheese
Montchevre 4 oz Retail: $3.49
2 units in store Expired: 7/31/03
Manufactured by: BETIN, Inc, Belmont, WI 53510
Buy USA?
2001 Livestock census from World Almanac 2003
CHINA
Cattle: 105.69 mil
Chickens: 3.77 bil
Goats: 157.36 mil
Pigs: 454.42 mil
Sheep: 133.16 mil
Humans : 1,284,303,705
Area: 3,600,900 sq mi
U.S.
Cattle: 97.28 mil
Chickens: 1.83 bil
Goats: 1.35 mil
Pigs: 59.14 mil
Sheep: 6.97 mil
Humans : 280,562,489
Area: 3,539,200 sq mi
Goat Cheese at Safeway
Chavrie brand Goat's Milk Cheese 5.3oz,
retail price: $4.99 also with Basil & Roasted Garlic
Saladena brand Goat Cheese Crumbles 4oz,
retail price: $3.69
Both distributed by BC-USA
New Holland, PA 17557
Great for salads!
Got Goat Milk? See www.meyenberg.com (eom)
PrincessLeia, Where have you gone? Miss updates. Interested in your take on latest developments. Thanks!
how do you like the cash situation here? chcl has 6cents of cash. did i calculate wrong?
Early spring on the Farm
Daylight is now longer than dark night at Dongwu and getting longer. Even though CHCL's stock-price has been going lower, one assumes that the Street's Dark Side is getting longer too.
Planting should begin within a few weeks in Zone 7. WHB hopes that herbicides will be avoided as much as possible. The trick to mechanical means for weed-control is to remove the first weeds before they can produce seeds.
CHCL is tardy with the 2002 report. Deliberate delay for the benefit of the Street would be an unjustifiable offense against outside shareholders.
Pest control at Dongwu
WHB hopes that the use of chemical poisons as pesticides will be avoided if possible.
Careful, frequent visual inspections for insect eggs in early spring can hold down the pest population. The idea is to manually destroy as many as possible before the initial batch hatches. Look for leaves that are curled. Insects also deposit eggs on the underside of leaves. Ladybugs feed on aphids. If ladybugs are seen, it probably means there are also aphids. Don't ever kill ladybugs however!
Traps can be used to counter mammalian pests.
Nets can be strung to protect berries from birds.
Winter on the Farm
It's snowing in NYC now. The nights are probably still long and cold at Dongwu, but the days are steadily getting longer. We hope that Money Honey & Son along with the rest of CHCL's herd are relatively warm and safe in their new billy-barns.
One would expect CHCL to be planning for 2003 production and marketing throughout the winter. Though CHCL has already projected a larger hay crop, shareholders should not necessarily expect more revenue from grass. That's because a greater percentage is likely to be consumed by CHCL's own herd. More revenue from goats may not be enough to offset a possible decline from grass in 2003. However, that brief revenue-hiatus should prove to be only a temporary illusion of lower growth. As the herd grows (exponentially), so does the ultimate revenue and profit.
WHB offers a few comments about planting bare-root trees. Late winter and early spring is the proper timing (while the tree is still dormant). A large volume of "good soil" should be prepared before planting. One suggestion is using a backhoe to dig holes around 10 feet in diameter and 2-3 feet deep. Stone and rock should be sifted out of the soil using large screens. The bare roots of the trees should be soaked in a bucket of water for at least a few hours before planting. Most trees do better in soil that drains well but retains moisture. Goat manure probably makes good fertilizer. Nitrogen is most needed for growth of leaves, so application should be timed accordingly.
If Dongwu has a lot of stone and rock in its soil, sifting can improve the soil and generate construction material for stone walls, roads, and buildings.
Spring is coming. This could be the last chance to get CHCL stock cheaply especially if the Water Project is resumed. Good luck to all!
Fall on the Farm
By now, one would expect that CHCL has sold most of its grass harvest for 2002. Money Honey Junior has probably been weaned. His sisters are of greater value going forward for their future reproductive and milk-producing capabilities. If sufficient barn-space has not been completed yet, CHCL should consider pursuing construction 7 days a week to insure that enough has been built before the harsh winter comes.
WHB feels the Q3 report means that the Board had screws applied to them by China's and U.S. governments in addition to whatever incentives the Street is providing. In general, there are very few circumstances where a short-term fraud can be morally justified as being in the best long-term interests of current outside-shareholders. No mandarin or manipulator from the Dark-side will ever do the honest work of a goatherd, so CHCL's Board should be prepared to halt cooperation with fraud at some point soon no matter how persuasive the scoundrels sound.
Zone 7 Fruits and Nuts
Certain varieties of fruit trees (e.g. apples, cherries, pears) might do well at Dongwu. Strawberries, red raspberries, and thornless blackberries could be worth growing too. Blueberries require acidic soil. Honey and berries are desirable ingredients for flavoring yogurt and ice cream.
Almond and walnut trees might thrive there also.
Use the topography to advantage, especially the sunny southside of hills.
Don't forget pumpkins. Happy Halloween!
See story at www.chinatopnews.com dated today
titled "China's agriculture draws more overseas investment".
Bee Division
If CHCL grows acres of vegetables and/or flowers, beekeeping might be necessary for proper pollination. There are many helpful websites. For examples, see www.beekeeping.com and www.beehoo.com.
In addition to honey, beeswax has many valuable uses. Examples would be soaps, candles, sealing-ring connecting toilet to drain, etc.
CHCL may even want to consider manufacturing frame-hives and other beekeeping-equipment as well as collecting honey and beeswax from other Mongolian beekeepers to process, sell, distribute, or make derivative products.
Floriculture Division? $?
According to a Chinaonline headline-story (Oct. 7th), China's flower-industry had over US$ 2.6 billion in 2001 revenue, more than 2,000 wholesale flower markets, and more than 20,000 retailers in this growing industry.
The goats would probably enjoy eating any surplus flowers.
Canning?
In addition to a Produce Division, CHCL may eventually want to consider canning meat, evaporated (condensed) milk, etc.
Also canned jars of speciality sauces, spiced and/or flavored, for goat-dishes.
Will CHCL have more divisions than the P.L.A. someday? Stay tuned!
Zone 7 Vegetables--something for Angel?
CHCL should consider whether growing vegetables (perhaps for its own chain of restaurants) would be profitable.
Also think about solar greenhouses (perhaps designed to collect water).
Manure + Mushrooms = Money?
Would goat-manure be an excellent bedding-material for growing mushrooms?
CHCL's dairy products
could also include yogurt and ice cream as well as cheeses.
As CHCL's herd of goats grows, one would think that it would become predominately (over 80%?) female. We would like to know projected annual milk-volumes per 1,000 does if anyone has that information.
Extra employee-incentives
CHCL should have a policy to sell its products at discounts or at the wholesale-prices to its employees as an extra incentive. The employees could then either use the products themselves or resell them to family and friends at a retail mark-up for added income.
Multi-story housing for goats?
The projected size of CHCL's herd of goats is astronomical. Even though CHCL now has a spacious 252 square miles of land, it might be worth considering building multi-story structures to shelter the herd eventually.
Whb suggests trying a prototype shed with 3 levels. His idea is greater efficiency in construction to save costs on roofing material, etc. Such housing could also aid collection of milk and dung with less labor and energy expended. The levels might each be about 6 feet high connected by ramps.
CHCL should have about 2,700 purebred Boers and tens of thousands of other goats by fall.
10-K omissions and errors?
CHCL's 10-K for 2001 shows issuances of new shares (page F-6) on November 19th and December 14th at a price of $0.04. This makes no sense whatsoever. CHCL may have had a legitimate business reason for temporarily concealing the true amount of new capital being raised if it were in negotiations to make large purchases and did not want the other parties to know the extent of its financial resources. However, there should have been some note stating that the price was preliminary.
Yesterday, WHB emailed Harvey G. for clarification about the actual present size of Dongwu Farm. No response has been received yet. Under Part I, Item 1., the size is given as 252 square miles rather than 156 sq. miles.
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