1)They own at least 2 million shares of China Natural Gas (CHNG). Note
that CHNG has a huge potential as a long term investment with
projected $25 price per share within a year.
2)No long term debt
3)Bodisen BIotech is a big player in the fertilizer industry in
China.

Thus, as long term investment, I think it has great potential.

China Natural Gas: Bodisen Biotech's Hidden Gem
posted on: October 12, 2007 | about stocks: CHNG.OB
Recently everyone seems super bullish on China Natural Gas (CHNG.OB),
which closed on October 10th at $10.26. The readers of Seeking Alpha
already know about CHNG and probably have made some pretty good money
on it, as it was written about back in June when it was still under
$4. What the readers of Seeking Alpha may not know is that Bodisen
Biotech Inc (BBCZ.PK) holds 2,063,768 shares of China Natural Gas or
almost 10% of the outstanding shares. Bodisen Biotech, Inc. is a
leading manufacturer of liquid and organic compound fertilizers,
pesticides, insecticides and agricultural raw material certified by
the Petroleum Chemical Industry Administrative office of China
(Chemical Petroleum Production Administrative Bureau), Shaanxi
provincial government and Chinese government. The company is
headquartered in Shaanxi province and is a Delaware corporation.

Now while CHNG.OB has been surging in price this year, BBCZ.PK got hit
hard on two fronts. First a very cold spring combined with August
flooding impacted their core business. On top of that an insider stock
transfer scandal caused them to be delisted from the AMEX exchange and
now they trade on the pink sheets. They do also trade on the London
Stock Exchange. This 1-2 punch has caused the stock to lose 80% of its
market cap in the last 52 weeks. Now while some price depreciation was
indeed warranted, I believe the extent of that depreciation is vastly
over done and has created a unique speculative value play. Here is
why:

Lets look at the balance sheet as of June 30th 2007:

As of October 10th 2007, BBCZ trades at $2.00 share.

For that you get $1.16 in CHNG stock + $2.60+ in current assets. Not
to mention a business that has been profitable on a historical basis

The company has no long term debt and almost no short term debt!

The appreciation in CHNG.OB and the appreciating Yuen could give a
nice kick to Q3&Q4 earnings, and may be a catalyst for a nice short
term pop in the stock back to the $3-4 trading range and while a short
term gain is always nice to have, I believe BBCZ.PK offers some very
nice longer term capital appreciation prospects.

Please note that most pink sheet stocks are considered somewhat
illiquid and are classified as speculative investments . BBCZ is no
exception so please invest prudently and only with speculative
capital.

http://seekingalpha.com/article/49684-china-natural-gas-bodisen-biote...