China Tracker - Safety/Risk Model (Stage One) for China Agritech (CAGC)

 China Agritech
 Going Public
Market Segment:
Going Public: 2005-02-03Reverse Merger
 Auditor
Auditor: Simon & Edward 
Number of Auditors (since Jan 1, 2009): 3
Auditor Resignations (since Jan 1, 2009): none 
 Internal Controls
Internal Controls (Management): effective
Internal Controls (Audit): not performed 
Senior Management Changes (since Jan 1, 2009): 0 
Number of CFOs (since Jan 1, 2009): 1 
CFO Resignations (since Jan 1, 2009): none 
Main Shareholder (Yu Chang): Chairman, CEO, President 
Ownership Percentage: 40.23% 
 Analyst Coverage
Total Coverage: 1 Analyst(s) 
Tier 1 Firms: 0 Analyst(s) 
Tier 2/3 Firms: 1 Analyst(s) 
 Indicators
New Shares / Dilution (TTM): 6.67 million47.33%
Short Interest: no data 
Account Receivables (MRQ): $62.20 million0.00%
 Recent Events
Delinquent with SEC Filings: YES
Short Seller Attacks (Corporate Governance): YES
Detailed Fraud Allegations: YES
 
 Auditor History (since January 1, 2009)
2011-04-06Simon & EdwardAppointment
2011-03-14Ernst & Young Hua MingDismissal
2010-11-13Ernst & Young Hua MingAppointment
2010-11-13Crowe HorwathDismissal
2008-12-08Crowe HorwathAppointment (Merger)
2008-12-08Grobstein, Horwath & CompanyResignation (Merger)
2008-04-18Grobstein, Horwath & CompanyAppointment
2008-04-18Kabani & CompanyDismissal
 Senior Management Trail (since January 1, 2009)
2008-10-22Yau-Sing TangCFOAppointment
CAGC
Agriculture
SAFETY/RISK SCORE
10%
EXTREME RISK
Detailed Score: 75.9375/750
Current Price:  n/a
F10k Day (2006-01-27): -100.00%$8.00
2009 Close: -100.00%$13.98
2010 Close: -100.00%$12.27
High (2012-02-06): -100.00%$2.15
Low (2012-07-30): -100.00%$0.11
Exchange:
Market Capitalization: n/a
Total Shares: 20.77 mill
Float: n/a
Last Quarter: 2010-09-30
Revenue (MRQ): 23.89 mill
Net Income (MRQ): 1.97 mill
Op. Cash Flow (MRQ): -5.86 mill
all financial data provided without warranty