Replies to post #56 on China Modern Agriculture (ka CMCI)

[adijas]

It's not the same company, but CMCI is majority shareholder in CDC.

'China Modern Agricultural Information Inc. (“CMCI”) is listed on OTC Markets Group(“OTC”) in the US and through its wholly owned subsidiary, Hope Diary Holdings Ltd., is the majority shareholder in CDC.'

http://www.chinadairyco.com/images/August%2029,2017Preliminary%20Final%20Report.pdf

[adijas]

And this is from last 10k CMCI

On April 8, 2016, our 60% owned subsidiary, China Dairy Corporation Limited issued 84,906,541 CDI shares at AUD $0.2 per share on ASX and raised total fund of AUD $16,981,308 (USD $13,021,267). After the IPO, our ownership was diluted to 53.07%