China Kangtai Cactus Bio-Tech Inc (fka CKGT)

[pegasus1]

This just confirms for me that Equi-Trend was not hired for typical IR activities. The fact they admitted to receiving shares is another red flag they could be more interested in pump and dump or pursuing PIPE financing, which can be good or bad depending on how much dilution results (PIPE financing).

There appears to be more shares trading as others have noted.

A real PR firm wouldn't have shot from the hip with those answers. IMHO.

Management needs to explain their long range plans for financing and for what purpose this firm was hired in greater detail than what has been disclosed. If they issued restricted shares (what the guy said is typical, 6 to 12 months for OTC stock), this will be disclosed with the next 10Q. I doubt they're free-trading shares but I guess we'll see.