China Kangtai Cactus Bio-Tech Inc (fka CKGT)

[BiotechValues]

throwerw

The issue your discovering about promising a 200% return to early shareholders is about CXYI, not CKGT.


There may be a conection between the two companies that gets picked up on baidu search because:
1. CXYI sells (or sold) cactus-based products and probably bought some raw cactus from CKGT (or bought the CKGT nutraceuticals outright to sell under their own brand), and..

2. They are both located in the same province.


Here is the CYXI letter to shareholders on this matter:
http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF-8&sl=zh-CN&tl=en&u=http://www.yingxia.com/newspage.asp%3Fid%3D195&prev=_t&rurl=translate.google.com&usg=ALkJrhjLCSYWANsiQj4HFHIAPGSkoy2uqQ

Post on Yahoo! about it:
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_C/threadview?m=tm&bn=75719&tid=79&mid=79&tof=15&rt=2&frt=1&off=1

And the CKGT CEO letter stating on the Chinese site stating this was concerning CYXI and their CEO, and had nothing to do with CKGT:
http://translate.google.com/translate?js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.xrz.cn%2Fshownews.asp%3Fid%3D259&sl=zh-CN&tl=en

Finally, CKGT's management would be the last to promise a 200% return to early shareholders. Hell, they're so conservative they won't even pr their all-time record results just filed.

I hope this helps point you in the right direction in your research.