Replies to post #201 on China Fruits Corp. (fka CHFR)

[MaterialMind]

I did read the purpose for the RS. I haven't read the latest 10K and 10Q thoroughly yet though. Dropping >90% on a bad quarter seems unlikely, Q1 also seem to be a weak quarter for them historically.
I'm really confused by the 10Q considering outstanding shares. Where did the 5,439,447 come from?

17.	NET INCOME/(LOSS) PER SHARE 
 Basic net income/(loss) per share is computed using the weighted average number of the ordinary shares outstanding during the periods.  
 The following table sets forth the computation of basic net income/(loss) per share for the period ended March 31, 2015 and 2014, respectively: 
  
 For the period ended						3/31/2015	  	3/31/2014 
 Net Income/(Loss)	  					$(802,846)  	 	114,711	  
 Net Income/(Loss) Per Share – Basic	  	 		(0.39)	  	 	0.06	  
 Net Income/(Loss) Per Share – Fully diluted	  	 	(0.15) 	  	 	0.06	  
 Weighted Average Number of Shares Outstanding – Basic	  	2,065,564  	 	1,998,049	  
 Weighted Average Number of Shares Outstanding – Fully Diluted	5,439,447  	 	1,998,049	 

They clearly state that it is about 2 million as you said previously on the first page:

Number of shares of common stock, par value $.001, outstanding as of May 18, 2015: 2,140,702 
 Number of shares of preferred stock outstanding as of May 18, 2015: 
 Series A, par value $.001 - 13,150 
 Series B, par value $.001 - 12,100,000

Maybe there's some explanation in the report. They stated the 5.4 million twice in the report so I guess it isn't just an error. They also seem to have calculated the fully diluted EPS on that number.

I'll look into the reports, thanks!