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Re: None

Monday, 11/02/2009 4:42:44 AM

Monday, November 02, 2009 4:42:44 AM

Post# of 420
I asked for a clarification about the new stores - YONG basically said the stores were selling fertilizer before and some of the sales might be YONG.

The ideal situation for immediate growth was that there weren't selling YONG at all.

However, the situation was what I expected was most likely. Once the store becomes branded "YONG" I imagine the sales of other fertilizers get smaller and the YONG sales get bigger and from previous knowledge I know they get to dominate the fertilizer sales in the shop (something like 80% ish).

I think, like many here, the number of branded stores is a key sign of health for the company's future growth.

rich

-------------------------------------
ME:

I have a question concerning stores entering your branded network. Before they entered the network were they selling your fertilizer already? Or are these all new selling points?

.....

YONG:

Thanks for the question and the interest. Basically, as stated in our disclosed information, each store is a previously existing, independently owned, agricultural products store which sells many other products. Each store has its own history and some have a history of selling our product on a trial basis, but this depends upon the distributor who has brought the store into the network.