China Health Labs & Diagnostics Ltd CHLBF

RE: RE: RE: RE: HOLY SHNIKIES!!! 587 Installs!!!

[VPofFNE]

Although I normally take a longer look when I see insiders selling, I'm not too worried about this. It would be a larger concern to me if more than one were headed to the exit, as well there was plenty enough volume above $1.10 for Oishi to have sold much more if he wanted to. The private disposition just looks like he had some share agreements he was fulfilling, most coming from his option pot. Also, the selling through House 1 isn't too concerning either, it is by far the most common identified house in most company trading. This company needs a public float and I think it is healthy for some stock to be out there for people to obtain larger positions (like me!).

The recent contracts which have been announced are nothing short of massive for this company. They did a recent roadshow throughout Canada talking to brokerage houses. As their one NR eludes to, apparently their Q4 is normally larger than the first three combined, and with deals like the 587 installs, their 2011 will blow their 2010 out of the water.

It's refreshing to see real companies with real revenues and real profits coming from China to trade on Canadian Exchanges. I believe this is a great way for Canadians to share in China's growth without risking your money overseas.

VeeP