NEW YORK, Nov. 9 /Xinhua-PRNewswire-FirstCall/ -- Discas, Inc. (Pink Sheets: DSCS.PK), ("the Company") announced today that on November 6, 2007, it entered into a stock purchase agreement with SNX Organic Fertilizers, Inc., ("SNXOF"), a Delaware corporation. SNXOF's sole asset is Beijing Shen Nong Xing Technology Co. Ltd. ("BSNX"), a high-tech company headquartered in Beijing. The Company specializes in the research and development of green and organic agricultural products, including organic bio fertilizers, green agricultural products, and various organic health products.
As a result, SNXOF acquired 50.001% of the capital stock of the Company. Dr. Huakang Zhou, President and CEO of SNXOF was also nominated as the sole officer and director of the Company.
About Beijing Shen Nong Xing Technology Co. Ltd (SNX)
The Company, headquartered in Beijing with two manufacturing facilities -- Daqing Shen Nong Xing Xiangyu Technology Co. Ltd. located in Daqing City and Heilongjiang Shen Nong Xing Hongyu Fertilizer Co. Ltd. located in Huanan County, Heilongjiang province -- was registered under the laws of the Peoples' Republic of China. The Company specializes in the research and development, manufacture and sale of green and organic agricultural products, including organic bio fertilizers, green agricultural products, and various organic health products.
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