Zhong Nong Yuan Fang Holdings Inc (ANAS)

[JJAAMMAANN]

$$$ ANAS $$$ 1/3 or MORE O/S Shares Retired!

Great Post, I agree with part of your speculations.

I'm starting to think that they must be using the cash they have/are pulling in at this time to buy back some shares.

As Manny had said, in the letter to Shareholders dated May 7, 2014...

Another issue everyone seems to be fixated on is that of the “buyback” program announced
recently. We were advised to make our PR disclosure narrow in scope and we did, but I can tell
you that we have the money and means to trim our outstanding shares down by 1/3 or more. This
will take as long (or short) a period as the market allows, and I plan to be aggressive. Will this
help the stock price? I don’t know. This market is based mostly on speculation and until we move
up to the OTCQB and then the QX, as is planned for later this year; the share price may not
reflect the company’s true value.

They already had/have the money and the means to trim the Outstanding Shares by 1/3 or MORE. Now that may or may not take into consideraton of new online sales through the website or through AMAZON, but with each and every day passing, you have to believe that revenue is continuing to filter in. The more money the company makes, the more shares they can buy back and retire!

The biggest hurdle is the Daily Share Volume...seeing how we have recently been inside of the 25M days, that only allows roughly 5M to be bought back each day. The Rules of a Buyback are very strict...so only 25% of the total volume per day, and only one Broker may buy back per day, so as Agressive as Manny stated they plan to be, the Volume will have to increase to make this happen any faster.

And what makes Volume increase??? PR's! The management understands this, and will have to post something soon to get the volume back up and running again. Probably as soon as the Lows stabalize is my personal opinion. As the PPS holds, and Volume Shrinks, the PR will Materialize!

Imagine the Excitement if they announce that the remainder of the Authorized Shares gets retired, and more than 100M of the O/S gets retired to date?

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=101655493

In My Personal Opinion Of Course!
Long ANAS!