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Benda Pharmaceutical Inc.(fka BPMA)

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Last Post: 12/22/2013 8:37:13 PM - Followers: 10 - Board type: Free - Posts Today: 0

On May 21, Benda Pharma (BPMA.OB) reported revenue of $3 million for Q1 of 2007, a decrease of 17% from the year-earlier period. Benda blamed the decrease on a temporary closing of its bulk chemical plant, a closing undertaken at the behest of the Chinese government, which mandated a cleanup of the wastewater of the plant. The plant is scheduled to be back online in August of this year.

Net income dropped to $0.4 million for the quarter, a decline of 51%. Besides the plant closing, Benda said it encountered additional expenses associated with being a public company. Benda has 96.3 million shares outstanding and, at its current price of $1.70 per share, it has a market capitalization of $164 million.

Benda is involved in making western and Traditional Chinese Medications, and it manufactures active pharmaceutical ingredients.


In April of 2007, Benda bought a 57.57% ownership in Shenzhen SiBiona, which produces the cancer drug Gendicine, the first gene therapy medication for cancer available anywhere in the world. In 2004, Gendicine was approved by Chinese officials for use against head and neck cancer, which is also known as squamous cell cancer. The drug is injected once per week for eight weeks. In the Chinese trials, it achieved a complete remission in 64% of the cases and a partial remission in 32% of the patients. Gendicine was originally priced at $362 per injection.

To buy the stake in SiBiono, Benda paid $7.7 million and gave SiBiono 2.1 million shares of Benda stock in return for financial consulting services. Benda also guaranteed that its shares would be worth $3.60 per share within three months after the expiration of the 12-month restriction on selling the shares.

Benda operates three plants in the Hubei Province of China: Benda Ebei, which produces conventional medicines and Traditional Chinese Medicines; Jiangling Benda, which produces active pharmaceutical; and Yidu Benda, which produces bulk chemicals.



Pope Investments LLC owns 22,337,998 shares accounting for 21.24% of shares outstanding!!




As of August 19, 2009:

Shares Outstanding:105,155,355

Shares Authorized:150,000,000








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#643   I need some help here. I still bobhorger 12/22/13 08:37:13 PM
#642   BPMA revoked: Renee 06/27/13 09:33:37 AM
#641   BPMA: SEC Suspension: Renee 05/15/13 09:40:50 AM
#640   It's hard to say re: Pope. But Alyssa 04/07/13 07:00:18 AM
#639   just saw this. always keepin track here.. Lost deadjim 04/06/13 11:33:54 PM
#638   Pope lawsuit settled for $8.5 million. Alyssa 03/28/13 04:02:08 PM
#637   .08c... LMAO deadjim 04/28/11 09:05:07 PM
#636   google translation.. so yes. deadjim 04/28/11 09:01:07 PM
#635   Was the translator on acid? Vordain 04/28/11 09:07:43 AM
#634   this is a translation, and I can't say deadjim 04/28/11 12:59:52 AM
#633   thanks. so i guess the patent dispute is deadjim 03/11/11 07:58:10 AM
#632   The Judge denied Pope's request for a forced Alyssa 03/11/11 06:52:49 AM
#631   it's possible there's news out there somewhere regarding deadjim 03/10/11 09:08:05 PM
#630   read the most recent posts deadjim 03/10/11 03:31:50 PM
#629   someone's bored i guess deadjim 03/10/11 03:28:24 PM
#628   Sounds like baad news. So why is the Vordain 03/10/11 03:12:35 PM
#627   there's no reason for this to be sitting deadjim 03/10/11 02:39:10 PM
#626   read this previous post about gendicine trials deadjim 03/10/11 02:38:23 PM
#625   being sued, attempt to force liquidation, patent ownership deadjim 03/10/11 02:37:16 PM
#624   Hello, anybody know what's going on with this company? Vordain 03/10/11 01:47:24 PM
#623 deadjim 02/13/11 01:55:52 AM
#622   I have never tried, but you are right. Alyssa 11/22/10 12:46:04 PM
#621   Anyone been able to get in touch with Bullroom 11/22/10 12:43:30 PM
#620   You'd think! Market cap on this company Alyssa 11/22/10 12:23:10 PM
#619   .044's going and nice volume surge. Bullroom 11/22/10 11:42:15 AM
#618   ETMM at .044, then 1 MM at .09. jmurfk 11/22/10 11:32:17 AM
#617   BPMA looks like it would go over .15 easily! Bullroom 11/22/10 11:29:17 AM
#616   Yep, OS unchanged for 1.5 years, only raised jmurfk 11/22/10 11:24:35 AM
#615   Agreed and NO dilution! This is going ToyotaMR2s 11/22/10 11:20:04 AM
#614   This is one of the better quarterlies that jmurfk 11/22/10 11:17:58 AM
#613   Agreed, if they would just PR an update/news ToyotaMR2s 11/22/10 11:17:03 AM
#612   Good stuff...Getting some eyes on it today and Bullroom 11/22/10 11:15:46 AM
#611   Nice Bullish, been holding for a couple years ToyotaMR2s 11/22/10 11:14:16 AM
#610   Nice 10-Q filed. Only 7m Float w/ $69m Assets Bullroom 11/22/10 11:12:54 AM
#609   thanks, will have to read later deadjim 11/22/10 11:04:22 AM
#608   Nice 10-Q filed this morning Bullroom 11/22/10 11:02:44 AM
#607   this slow grind on no volume is nothing deadjim 11/01/10 10:09:18 PM
#606   this has been moving as speculated. too bad deadjim 09/29/10 11:32:34 AM
#605   That is interesting and could well explain the Alyssa 09/26/10 11:58:40 AM
#604   That last move tells me this has a deadjim 09/26/10 10:58:42 AM
#603   "The ruling is expected to be made in deadjim 09/26/10 09:21:33 AM
#602   I want to say Chinese courts.. but I deadjim 09/26/10 09:14:52 AM
#601   Is this litigation in US or Chinese courts? Vordain 09/26/10 09:06:32 AM
#600   There's litigation regarding the ownership of Gendicine.. once deadjim 09/26/10 08:36:28 AM
#599   New article (9/25/10) about Gendicine/SiBiono/Benda, "Gene Therapy Could Alyssa 09/26/10 07:21:53 AM
#598   Up a penny today, with .025 on the Vordain 09/20/10 12:35:30 PM
#597   While Benda has its problems, it is hard Alyssa 08/28/10 09:46:20 AM
#596   There's the 10Q.. deadjim 08/26/10 03:42:37 AM
#595   another late 10Q... typical deadjim 08/23/10 02:14:46 AM
#594   Things are heating up a little... Alyssa 07/19/10 03:35:56 PM