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did you have a point? in order to get of the grey market a form 211 would have to be submitted by a market maker to finra on behalf of bfar. if finra appoves it, the stock gets off the greys. and btw, 2 things. first, your info is old. if approved they would just move up a tier to pink sheets on otc market, not otcbb. otcbb is pretty much dead. second, in the last three years no suspended stock with the exception of rino, which is an anomaly, has gotten off the grey market. you can study that here.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86425208
from the link i post
also you can try earch the name of the company in google, advanced search last 24 houres updates
Where did you get this information?
it means the 10 day suspension is over. it is now available to trade on the grey market.
what does it mean
i there more charges or just clearence for trading
this was 30 min ago
12K SEC REINSTATEMENT
09071E104
BFAR
BIOPHARM ASIA INC COM STK (NV)
05/03/2013
12K SEC REINSTATEMENT
16943A103
www.dtcc.com/downloads/legal/.../OTC-085.pdf
Hey very, looks like even you have reached the depressing point when you don't feel any longer any desire to post anything.
Well, don't give so easily, try your luck tomorrow on something different--The Kentucky Derby. As a matter of fact I would love for you to post your thought today as to the probable winner tomorrow--of course no 5 to 1 favotites....LOL>>>>>>>>>>>>>>>>
no. false PRs. but i believed you!
you would think so, but it looks like they don't
BFAR will be forever in the dirt if they dont respond to the SEC. You would think that they value their shares, right?
they have until 11:59pm
Well it's May 2, 2013 and BFAR has not filed with the SEC. I guess it's over now?
you are stealing someone's thunder!
there will be no trading tomorrow but Friday trading will be open on the grey market, if the registration is not revoked first. and just a reminder, audits are not sec filings.
sorry, audits are done, we'll be at .50 tomorrow!
you promised me them at 0.002~!
nonsense. it is no at all normal. rino is an anomaly. no other stock that has been suspended in the last three years has gotten off the grey market. you can study the truth here;
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86425208
look how many companies come back from grey market to pink, it is normal, one of them RINO. which was total fraud, and no financial, it is all about mm, consider it shell co with 50mil shares outstanding
http://www.otcmarkets.com/other-otc/marketActivity/otc-tier-changes
i'm not gonna let you have them, you bought enough cheapies already!
or your shares!
i still cant buy your shares!
but vtg said the audits were complete.
long live audits!
i kissed my shares goodbye 10 months ago
May 2, 2013 kiss your shares goodby!
Hey very, don't be depressed about BFAR just look for me and you can recover your lost money in a short time. Whoever ACTS fast ACTS with great expectations. If you want to BFAR then you cannot be reached.
Hey Very, I am trying my hand at poetry while we wait for big events to take place.
I should really ask Wang to reach Hu or Han and have them come clean by repaying all shareholders for their losses. Of course who knows what has really happened to them--they might be in hot water in China for having scammed Chinese investors or Banks. I certainly hope that if this was a premeditated criminal act they will prosecuted in China.
no, sounds like a record player. broken.
10k filed, this bird will fly!!!
30-50c!!!!!
Almost sounds like a eulogy. Now, lets all bow our heads and observe a moment of silence for our fallen BFAR.
On May 2, 2013, which is just one week from today, all will be lost, for us, and for any BFAR shareholder.
Fcpgalltheway, thanks for all your replies. I have no other choice at this point but to try and stay hopeful, although deep down inside I feel I will be taking a big loss here. I guess I ignored all commons senses and hoped that they would be filing. Even after reading all the pr's that were put out, it seemed so truthful to me that we would be seeing a filing taking place. Now I regret to learn that we were bitterly deceived.
Hey very, very sad to believe that people involved with the manipulation of this stock have run out of schemes to deceive shareholders!
That tells me how stupid these people are but at the same time I hope that we all have learned a very important lesson when it comes to analyzing the information that is being provided on a PR.
It's important to remember that as soon as communication with the company is cut off, that is an indication that something bad is happening.
In this age of "every cat and dog" having their own Website it should have become obvious to some people to realize that when the company Website was closed down that meant something serious was happening.
I don't know how deeply you loaded up since the time when I was presenting this type of information but I guess that your real losses or my present paper losses on the other stock have to be made up by buying with "open eyes" next time that a stock seems too good to be true!!
Truth15, in exactly one week from now our shares will be gone and all faith will be lost. I hope I am wrong though.
Hey very, these guys Hu or Han are really disgusting. I remember when Doug mentioned that on some occasion many months ago that Wang had met one of these people and he felt that they were not credible business people to deal with. I really don't know how much deception they perpetrated on the American shareholders but if you remember I was getting clues by just reading those PRs without any name of someone who was taking responsibility for the statements made on the PR--that was a red flag. That to me seemed like a real red flag, but even I was willing to believe that sooner or later someone would have come clean and provided some real numbers!!
I can only assume that the company went bankrupt, the business stopped operating and those PRs were simply intended by the bigshots who held millions of shares for the suckers gullible shareholders in order to recoup some of their losses at the expense of all of us. I suffered some losses in the past but at least I can be glad that I did not fall into this latest trap again!
The more you deal in these penny stocks the more you learn of all the tricks that people play on people like us.
couldnt find it... so sad. mond, dont sell too cheap. i am willin to buy your shares at 0.002c!
w00t!
please sell me your shares!
you did a lot for bfar, calling out the auditors, letting us know the audit was done, please wait for gray and sell; i will buy.
Truth15, that is is they have all the annual finances audited already. If they dont then to do so in such a short amount of time will be a great feat. I hope your right and they do file and answer to the SEC or else are shares will be worthless and a disaster. Have you contacted the company. I tried but the number is disconnected.
Don’t lose hope at final stage, keep your shares and wait,
There is a difference between 211 form approval and clearance , they receive approval for the form they sent, but not clearance waiting for their financial to be submitted with , when they do that they will get re-instated as they promised, they can move directly from gray market to otcbb directly if they submit one super 10k for the 3 years 2010, 2011 and 2013
They will trade on grey sheet for months may be then they submit their paper and the form and like nothing happen investors buy the sahres again
Let us hope that.
Regards
By May 2, 2013 BFAR will not respond to the SEC and all value of shares will be lost. This is the most expected and realistic outcome. I feel really sorry it didn't turn out the way I wanted it to. I really thought they would file 10-K's. My loss.
Bfar completes audit!
vTG! any more details?!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86355351
yup, the only thing that will prevent this from trading on the grey market is revocation.
Hey Very,look into this and maybe you might contact someone about Biopharm!
http://www.ip-adress.com/whois/biopharmasiainc.com
May 2, 2013 BFAR Responds to SEC. It''s a must!!!!!!!!!!!
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SHARE STRUCTURE
I/O 50,000,000
'RESTRICTED' 29,625,000 (59.25%)
'FLOAT' 20,375,000 (40.75%)
In the wake of successful acquisitions of
Yunnan SiLin Pharmaceutical Commercial Co., Ltd.
(Yunnan SiLin)
Tonghua Huachen Pharmaceutical Co., Ltd.
(Huachen Pharmaceutical)
Tonghua Huachen Chinese Herbal Planting Co., Ltd.
(Huachen Herbal)
Beijing Zhihe Ruikang Hospital Management Ltd.
through China North Pharmacy Company (CNPC), BioPharm Asia has preliminarily completed the integration of industry chain, extending the sole trading business (including terminal chain stores, distribution and wholesales business) to pharmaceutical manufacturing and cultivation of medicinal raw materials.
In 2008, the total revenue of BioPharm Asia's China branches reached to $94 million USD, and $14 million USD generated in after-tax income approximately. Total 383 chain drug stores of Tonghua ShengAnTang were spread all over Jilin province of China, and Yunnan SiLin has established its mature distribution net of medicines covering northeast and southwest regions. The annual production capacity of Huachen Pharmaceutical includes tablets 120 million, capsule 150 million, 40 million packets of granule and 200 million bottles of oral solution. Furthermore, Huachen Herbal invested to build a GAP demonstration park where the total planting area covered 233 ha.
Starting from 2009, BioPharm Asia has been taking great effort to extend its industry scale in China. By 2011, BioPharm is estimated to complete its chain drugstores sales system establishment, accomplishing with various medicine production capacity, covering Chinese prepared medicines, western medicines, Tibetan medicines and Yi ethnic medicines, and become a large pharmaceutical industry investment group with international integrated marketing capability.
Nevada | 000-25487 | 88-0409159 |
(State of incorporation) | (Commission File Number) | (IRS Employer |
Identification No.) |
New Agriculture Development Park | |
Daquan Village, Tonghua County, Jilin Province, P.R. China | 134115 |
(Address of principal executive offices) | (Zip Code) |
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