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Re: StevenRisk post# 759

Thursday, 12/24/2009 12:47:10 PM

Thursday, December 24, 2009 12:47:10 PM

Post# of 3179
StevenRisk - the 10Q/A states -

For the three months ended September 30, 2009, revenues increased by $2,002,712 or 32% to $8,187,397 from $6,184,685, in the corresponding period of the prior year. The increase in revenues was attributable to the fact that, the Company is continuing to expand its productions and distribution, and its products are better accepted by the Chinese market customers. These products include Cactus Protein Nutrient, Cactus Calcium Peptide Soft Capsule and Cactus Shuxin Capsule, among others. In addition, the Company successfully launched two new products, cactus fish feed and cattle feed, in July 2008, which also contributed to the increase in sales.

I assume this is the GAAP earnings, which for 3 months of 2009 is now only .09. Is that how you understand it?

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