Replies to post #4427 on China Ginseng Holdings, Inc. (fka CSNG)

[hammy3777]

Thank you for all your hard work and thoughtful sharing. It is very much appreciated and you have gone the extra mile. See you next week on the way up.

[brucebill]

It takes about a 1.20 per can to make the juice and the average price is about 3.20 a can . Profit would be about 2million this year for there projected 2015 sales of about 1 million cans.

[brucebill]

Melissa did not say there will be a pr or 8k this week , she only stated that they would give an update or release 8k when it is ready.It sounded like it would be soon , maybe even this week but not defiantly this week.Us longs do not want there to be a sell off because nothing gets announced next week, it may be 3 weeks from now we do not know , because the exact time was not stated.

[ClarkKant]

$CSNG +75% for the week last week and is a weekly gainer play that is going to be a multi-weekly gainer folks. Sit back and enjoy the ride, many developments and undervalued!

[angelo2112]

BOMB A$$ POST!! SEC Filer, OTC CURRENT 8K ON WAY..... I mean the list goes on and on and on! Currently we are in an oversold chart to top it all off, easiest moneymaker around bar none...
CSNG
$$$$$

[HokieHead]

Great post Cheeky...

As of today it looks like the share structure is still in tact:

Authorized: 50 million
Outstanding: 44.4 million
Float: Only around 5-6 million

Those beverage sales just kicked in last quarter:

Our total revenue increased from $15,148 to $253,619 for the three months ended March 31, 2015 and 2016, and from $167,362 to $315,365 for the nine months ended March 31, 2015 and 2016; an increase of $238,471 and $148,003, or 1574% and 88%, respectively. The primary reason for the increase was that we had new sales on ginseng juice products in addition to the sales on the rest of all type cosmetics products during the three months and nine months ended March 31, 2016.

We generated revenue of $252,292 from ginseng juice sales by Jilin Ganzhi in the three months and nine months ended March 31, 2016, compared to none during the three months and nine months ended March 31, 2015. Through the Company’s effort, we started to generate revenue from ginseng juice sales in the three months ended March 31, 2016.

Oh and by the way we just had $1.6 million cash, at zero interest, drop on the companies lap for only 4 million shares or a $0.40 conversion price.

This thing going to fly..