Replies to post #2194 on China Organic Agriculture, Inc. fka CNOA

[Yakima]

I got a similar message too. "10-k is still pending, as the auditors have to visit the storages by themselves."

Did Jennifer really say some days ago "the 10-k is with the lawyer." If that was true, it could be the lawyer who suggested the auditor check the inventories on site?

[Maxactionjunkie]

Sounds like it will probably be a few more weeks then. Great- I'm really surprised they haven't issued an apology or something. They keep doing what they always have done and that is not change. I still like the fact that if they do want to change this around they should be able to very easily but still no signs of them doing it.

[IcePickr]

This is good news. Auditors doing a physical inventory means we can trust the Inventory #'s when the 10K & 10Q actually comes out.

[bguru]

Got an email from Jennifer also stating the auditors are checking the inventories at Dalian, Changbai Mountain and Heilongjiang Province. It seems that after checking inventories the 10-k should be signed and released.

IMO I don't think this will take more than 1-2 weeks at the most. I am still liking that the company will be getting third party verification at its actual facilities/subsidiraries. After this I know the claim of the company being fradulent can be put to rest as we will know the company is real and we will have an onsite third party auditing verification to prove it.