American Dairy Inc fka ADY

[conix]

Not good news today--ADY headed on a GAP DOWN this morning.

When a CFO decides to leave the country (chiina) suddenly right after another Chinese company was halted trading due to accounting problems (RINO), it ain't good.

BEIJING and LOS ANGELES, Nov. 19, 2010 /PRNewswire-Asia-FirstCall/ -- Feihe International, Inc. (NYSE:ADY - News) (formerly known as American Dairy, Inc.), one of the leading producers and distributors of premium infant formula, milk powder and soybean, rice and walnut products in China, today announced that Jonathan Chou, Chief Financial Officer, is resigning from his position at the company to move to Singapore for personal reasons, effective November 16, 2010. Mr. Liu Hua, the Company's Vice Chairman, Secretary, Treasurer and director will serve as Acting Chief Financial Officer, as well as Principal Accounting Officer, until a new Chief Financial Officer is appointed.