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China-Biotics 2009 2nd Qtr. Conference Call Highlights

|Includes: China-Biotics, Inc. (CHBT)

The GeoTeam® participated in the China-Biotics (OTC:CHBT2009 second quarter conference call

Notable Conference Call Highlights:

  • Expects full year fiscal 2010 revenues to grow at least 50% to $81.3 million
  • As the stock may be perceived to be currently "undervalued", investors voiced concerns over dilution related to the potential issuance of shares to complete future acquisitions.  The Company did a thorough job addressing this concern, implying the possibility of using cash over stock to complete an acquisition.  Furthermore, if shares were issued there is still a good chance that a transaction will be accretive to earnings per share.
Source: GeoInvesting.com

Disclosure: Long CHBT