China Kangtai Cactus Bio-Tech Inc (fka CKGT)

[pappy]

I think those buying ckgt should keep a eye on the 50dma now @$2.31.

The reason I say this is the short term effect of 2 million new shares added to the float with the warrant conversion.

I believe this is a very shortterm effect to the pps as the approx. $2 million dollars this brings in should come in handy in funding some of the many new products in ckgt's pipeline.

This should also be a big positive to future earnings since the warrants no longer have to be expensed & thus cut into stated earnings.

I have become even more bullish on ckgt going forward as revenue growth will again more fully hit the bottom line.

The one negative I see to ckgt becoming more than a double in 2010 & I have said this often in the past is the delays that seem to continue in offering personnel care & hygiene products a actual launch date instead of repeating like a broken record since 2007 that those products will be launched next year.

What is managements problem in getting these products into the distribution system as im sure they know as well as I that these products alone would seal ckgt's future growth for the next decade.

Not that big growth shouldn't be expected from cigarettes & animal feeds.

However another 30% added to revenue in 2010 by even a 2nd qtr introduction of say 6 to 8 personnel care products shouldn't hurt the overall performance of ckgt in 2010. imo

I have asked management a couple of times about why these products never get launched as advertised but they have never attempted to answer my request.