ThursdayDec 13, 2007 6:08 pm

China Organic Agriculture, Inc. (CNOA.OB) Announces Acquisition of Food Transportation Company

China Organic Agriculture, Inc (CNOA.OB), a leading organic food company, announced that the company is to acquire Dalian Baoshui District Huiming Trading Limited. Huiming is a growth driven company that has demonstrated increasing net income and revenue during previous fiscal periods. In particular, revenue totaled $40 million and net income totaled $3.7 million during fiscal year 2006. For the first 6 months of 2007, revenues totaled $24 million and net income totaled $2.6 million; representing an increase of 20% from the previous year. Dalian Baoshui District Huiming Trading Limited was first established in July 2001. The Company is focused on…

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WednesdayDec 12, 2007 6:15 pm

China Organic Agriculture, Inc. (OTCBB: CNOA) Completes Acquisition to Ramp-up Competition

China Organic Agriculture (OTCBB: CNOA) is an agricultural and products company driven by growth and acquisition, and is one of the largest producers of organic rice in China. China Organic has established an extensive sales network among the major cities in China and has experienced significant growth in its five years of operation. The company has more than 6,260 acres of land dedicated to green and organic rice irrigated from the Nen River, one of the few unpolluted rivers in China. The company recently announced its intentions to acquire Dalian Baoshui District Huiming Trading Limited – a company ranking in…

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MondayDec 10, 2007 7:34 pm

China Organic Agriculture, Inc (CNOA.OB) Announces Retail Agreement to Further Expand Distribution Channels

China Organic Agriculture, Inc. (CNOA.OB) announced that the company has reached a 3 year retail distribution agreement with Tongda Grain and Oil Company. This agreement is expected to generate revenues of 30 million Yuan, around USD $3 million, within the calendar year 2007. This agreement is the latest measure of China Organic's stated strategic initiative to expand market share by gaining new partnerships with retail distribution system in China and other emerging industries in Asia. According to the agreement, Tongda Grain and Oil will become one of CNOA's authorized retailers. As a result, Tonga will offer the company's "ErMaPao" products…

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WednesdayDec 05, 2007 4:47 am

China Organic Agriculture, Inc. (CNOA.OB) Upgraded by International Stock Targets

International Stock Targets announced a "Strong Buy" recommendation for China Organic Agriculture (CNOA.OB). In addition to upgrading their overall buy/sell recommendation, International Stocks Targets have also specified a one month and six month price target of $5.00. China Organic Agriculture, Inc recently announced increase revenue and earnings forecasts for 2007. China Organic expects revenues to total an upwards of $45 million for calendar year 2007, a 500% increase over the $9 million for the comparable period the previous year. Furthermore, the company has also raised earnings to more than $14 million, or an estimated $0.29 in earnings per share for…

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