China Organic Agriculture, Inc. fka CNOA

[ImOnABoat]

Actually, jc is most likely correct. Acquisitions are great, but at these prices buyback would provide a bigger bang for the buck. Let's see, for $5M they could buy around 30% of their shares back if they did it with no hype and slowly. This would increase annual EPS by 30%. Do you think they would be able to buy some company for only $5M that would ensure equal EPS increase? I doubt it. Buyback makes perfect economical sense right now, I will be surprised if CNOA will NOT end up taking advantage of that fact.