China Organic Agriculture, Inc. fka CNOA

[mug2011]

Got another email from Jen. I asked about the AR and she said the bad accounts receivables are within reasonable guidelines and they don't see any problems with the accounts. Sounds like most smaller to mid sized companies are a little tight on cash now because of the tighting of interest rates over there, but she sees it as a short terms bump and nothing serious. This was good to hear. Sounds like things are progressing on their end.