Fraud? This is becoming a nightmare. Everything I own except cnoa has passed up ckgt.ob What is the problem?"--10/25 post #2263
I was being facitious...opps.
I find ckgt.ob a much better value than siaf.pk as ckgt.ob is now totally weaned off government subsidies while siaf.pk is highly dependent. Remember in q4 09 was the launch of cigs and within 2 years they are going to be 20% of sales which is no small feat and margins appear fantastic and much better than the high 30's management was expecting. Not to mention that the cig manufacturing plant is operational 2 months early with full production within 4 months. Todays news is no less than awesome. Remember ccme less than 5 weeks ago was around $7-8 with the same retort as here with rather large volume at the time.
Next you have the geographical expansion into Asia by CKGT.OB while SIAF.PK is only within China. Along with the demonstrated results in q2 surely gives some credibility on the purchase of patents(feed up 300%+). To say their is no transparency it just not true. I too,was misinformed on the patents but they did a very ligitmate job of explaining this in the 10k.
Here is q4 09 cig results:
Patented New Product: Cactus Cigarettes
•? Sales $317K in ’09, launched in Q4 2009 ?
•? Profit margin - 64% in ’09?
•? Registered trademark - “Sheng Cao” brand
•? Made from cactus, honeysuckle, ginkgo biloba leaves, (small amount of tobacco leaves)
•? Two products: (i) low nicotine (ii) zero nicotine
•? (i) low nicotine: lower the tar and nicotine content by 70% (ii) zero nicotine: eliminates nicotine
•? Offers taste and enjoyment like regular cigarettes
Market
•? China accounts for 30% of global smokers
- 390 Millions Chinese are smokers
•? Survey from 14,000 Chinese smokers shows
47% accept cactus cigarette
•? Smoking becomes a fad in China, esp. for young people
and females
•? Government promotes health-preserving cigarettes
- still in innovation stage
AI
