Good morning to you all. Please find enclosed a summary of the great small-cap and micro-cap press releases we highlighted on our TV show this morning. It’s December 28th and we’ve found 2 great press releases from both sides of the border to report on at the open. Another great day for the small-cap and micro-cap world.
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Now, onto our show notes for the day.
Yantai Dahua Holdings Company Ltd (OTC Bulletin Board: YDHCF)
Yantai Completes Reverse Merger With
YDH Company today announced that it has completed a reverse merger with China Agro-Technology, Ltd. The name of the listed company has been changed to China Agro-Technology Holdings Ltd. and expects to receive a new stock symbol in the coming days.
Yantai Dahua issued 288 million shares of common stock in exchange for all of the issued and outstanding shares of China Agro-Technology, Ltd. (“CAT”). As a result of the transaction, CAT became a wholly-owned subsidiary of Yantai Dahua.
CAT, an agro-biotechnology firm, has total revenues of $37 million in fiscal year ended September 30, 2007, with gross profit of $35 million and net income of $32.8 million.
Leveraging its many competitive advantages, CAT is executing the following strategies in order to broaden its market penetration, deliver results consistently, and increase shareholder value in the long term:
About China Agro-Technology, Ltd.
China Agro-Technology, Ltd. (“CAT”) is an ecologically sustainable agricultural technology enterprise that aims at promoting a global reforestation program, generating environmental rehabilitation and serving the acute demands for paper products. CAT is primarily involved in the ownership, management and operation of Genetically Engineered plantations, the non-tube clone plantations and the marketing of the proprietary rights and technological know-how to the global market.
0.35 (52 Week 0.02 – 0.40) Avg Volume 10K – 50K
Traded yesterday from 0.22 – 0.35 on 200K volume large for this company
KAIRE HLDGS INC (OTCBB: KAIH)
Announces an Increase in 2007 Revenue Over 2006 Plus an Update on the Company’s Direction in 2008
Kaire Holdings, Inc.’s subsidiary, H&H Glass, estimates that it will finish the year with a strong sales performance in 2007, which will be in excess of a 30% increase over 2006 for a total of approximately $18 to $19 million.
This strong performance is mainly due to the world shortage of glass supply in the market place.
Management feels these results will set the ground for solid growth and expansion in 2008. H&H Glass will strategically diversify vertically into different packaging material supplies to meet the
H&H Glass Corporation was formed in 1989 and distributes Asian glass products to
0.0140