Recent Events
On May 5, 2008, China Organic Agriculture announced that Changqing Xu, CEO of the Company, plans to purchase no less than $2 million of Company stock or no less than 1% of the total outstanding shares within a year, depending on the market value of the shares.
On May 12, 2008, China Organic Agriculture signed a $4.3 million sales contract with Beijing Jingu Hengfa Trading Company, a rice distributor in the Beijing region. Jingu Hengfa will sell 1,760 tons of rice valued at $4.3 million over a three month period.
Sentiment : Strong Buy
