Chandga International Holdings Inc. (fka CIHD)

[northenlightsk05]

Most of CIHDn profit is from their fertilizer business. You can see that in 10Q and 10K filings. When their new Heze fertilizer plan is production, they will double their fertilizer production, double revenue and earning. They will make about $5.3 million USD net earning this year. When the new plant (Heze) is in production, they will make about $9 million USD net earning per year. They have invested about $5 to $10 million USD in this new fertilizer plant. They need to invest about $15-20 million USD to complete the new plant. They can do it without financing per my discussion with VP, but it will take much longer, probaply about 2-3 years without financing considering that they have about $8-9 million USD in the bank and about $5-6 million USD cash flow from operation per year.