China-Biotics, Inc. (CHBT)

[JB3729]

I believe that CHBT stated that the land deal for the Yangling animal feed plant will have been settled by the end of the year. They said that four contractors are bidding for the work, which will take two years to complete.

While discussing their cash position, and uses for it, I think that the Company mentioned that the Yangling Plant will cost them $50 mil. Wouldn't this mean that they no longer plan to partner with another company?

JB