China Organic Fertilizer (PINK:CHOR)

On January 15, 2010 China SXAN Biotech acquired the outstanding capital stock of SNX Organic Fertilizers, Inc. SNX Organic is a holding company that owns all of the registered capital of Beijing Shennongxing Technology Co., Ltd., a corporation organized under the laws of The People’s Republic of China. Beijing Shennongxing is engaged in the business of manufacturing and marketing organic fertilizer. All of Beijing Shennongxing’s business is currently in China.

Beijing Shennongxing remains in a pre-market stage of its operations. During the past few years we have focused on developing our technology and product offering, then on establishing marketing channels, including developing access to agribusiness clients. Sales have been incidental to these activities and, therefore, limited.

GeoTeam® Note: This marks a second attempt at operating a Chinese entity, referencing this symbol. The first was China Sxan Biotech Inc, a company engaged in the business of manufacturing and marketing wines and tonics derived from domesticated forest frogs.

Please see share structure which shows that Shennongxing Technology will have over 400 million shares outstanding.