"China Organic Agriculture, Inc. (OTCBB: CNOA), a diversified food products company capitalizing on China's consumer revolution, today announced that its new CEO, Jinsong Li, purchased 500,000 shares of CNOA stock in a private transaction from an existing shareholder of CNOA.
Mr. Li made the purchase at a price equivalent to the 10-day trading average ending November 3, 2008. The purchase represents Mr. Li's initial equity stake in the Company."
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