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Nice, looking good price!!
GN, brother! 0.091 x 0.12 now. It seems no more weak hand's sale now
Ha ha, very true...
I would say anything below 1 cent is worthy of a lottery-ticket-type of gamble. I would imagine this will get there by the end of the year.
Hmmm, I thought you had a target?
.0001? That is a target no?
LOL
Pfft. What "analyst target"? These guys went dark a year ago and auditors resigned. Nobody has any target on this fraud.
GN VI!, Tomorrow $$$$$)))))))
Up 0.001% so far! Extremely undervalued now while $14 analyst-target
Hello VI!, go JGBO!!
0.1001 x 0.11 now.
I am still waiting on a link to proof this happened?
I guess Pope is out of options. They got trapped. If their options are no payment at all (since JGBO went dark and stop filing) or to accept toilet paper shares as payment, then I guess accepting shares is better than nothing. Not by much, though.
Zero buys, zero interest....
Hello VI!, go JGBO now!!
0.1112 x 0.12 now. The next ask is 0.18, then 0.75! It seems no more weak hands here...
Where is the link to this please?
If that is correct please prove it?
According to this:
http://www.otcmarkets.com/otc-101/otc-market-tiers
Caveat-Emptor is lower status than even grey sheets?
Not sure that is entirely correct either. I thought I read that POPE had accepted some shares as an interest payment (last 12 months or so?). I forget exactly when, but I thought it was after the law suit was filled? This is one I have kept on my radar. Been on my radar for 2.5-3 years. I am still on the fence, jury is still out, IMHO.
Not sure which they are, OTC has a toxic symbol on the page:
http://www.otcmarkets.com/stock/JGBO/quote
How can you tell they are still pink if OTC will no longer post bid and ask?
Does JGBO have an MM now? I have not payed close attention, but I thought it was sent to the grey sheets a while back for a lack of an MM when they delisted after the suit....., etc.
Anyway, grey sheets is not the kiss of death, I own shares in one that did go to the grey sheets that POPE has also been buying, and it trades at .75 now, with no MM bid or ask, completely dark, China stock!!!!
Of course it is illegal. That is the Chinese way. The SEC is useless and will not go after anyone in China, which is why all of these Chinese reverse mergers are getting away without any punishment.
Yeah, sure, they sent you an email even though they can't even file their quarterly reports anymore.
This board is very entertaining to say the least.
That's not 100% wrong. They bought JGBo before it was discovered as a fraud. Now they're stuck with toilet paper shares.
100% wrong: JGBO is a Pink Sheets stock, not a Gray Sheets stock!
Hi VI!, go JGBO on Tomorrow!!
Jiangbo CEO Linxian Jin said by email that he couldn't respond to issues raised in the letter due to ongoing litigation, but that "we are trying our best to cooperate with the SEC and shareholders to resolve the issues." Once those mess are cleared out the stock will soar to $3 at least! The analyst's target price is $14 per share...
If someone does that then it is illegal trading behavior or insider trading!
Interesting, Pope is buying a gray fraud stock Jiangbo, and buying Tianyin Pharma? I wonder what they know?
http://www.nasdaq.com/quotes/institutional-portfolio/pope-asset-management,-llc-96593
If there was any liquidation value here, don't you think a big money player would have bought up every share already?
900 shares traded today. This board is hilarious.
You too, buddy! JGBO = $,$$$,$$$! Investors can easily retire to own 100K shares now then sell at $13.49 book value or $10.73 cash value!
Have a good weekend = VI! = $$$$$)))))
go JGBO!!
0.115 x 0.12 now.
0.1112 x 0.12. Buy cheap shares now then sell at multi-bagger later!
Yes. Only the remaining and a few weak hands would sell the cheap shares below $0.16 while the stock worths $10.73 a share in cash or $13.49 a share in liquidation!
strong holding & buying more shares!!
0.1111 x 0.12 now.
One month later I bet JGBO will be at least above $0.1 and could run
to $0.8 or higher...
Ha ha, sure, we will see. Check back a month from now and this will either be at the same price or lower than it is right now.
Day dream, my friend! 0.1099 x 0.12 now. Last chance to buy shares below 0.16!
0.109 x 0.12 now.
This might hit 8 cents by the end of the day
0.12 just hit! 0.105 x 0.12 now. I bet not many shares left at 0.12!
looking good! = coming run up @ soon or Next week!!
0.105 x 0.115 now. NITE at $0.75 and ETRF at $0.18...
0.12 is the last resistance before the huge explosion! 0.16 just hit
a couple of days ago... The majority of weak hands is gone recently!
Hello VI!, Strong buy .10 or .12 both now!!
GN, MF! 0.1 x 0.12 and the next asks are 0.18 and 0.75. Only one MM asks at 0.12!
Even if that were true (it's not), 100k shares is hardly enough to push this higher. 20 cents if you're lucky.
No! Those shares are shorted after delisting from the Nasdaq! Short
covering will kick in very soon once we buy the shares at the ask...
Those shares are shorted at a much higher price, before the fraud allegations and auditor resignation. There is no logical reason for anybody to cover at this point.
GN VI! go JGBO Tomorrow!!
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Outstanding Shares: 13,692,179 shares.
Floating Shares: 7,370,000 Shares.
Shorting Shares: 110,181 Shares On 04/30/2012.
Insiders Ownership: 40.91%.
Institution Ownership: 3,247,785 shares or 23.72%.
(Pope alone owns 2,234,088 shares or 16.32% of OS)
Shareholder's Equity: $184,707,495.
Book Value: $13.49 Per Share.
Total Cash: $146,930,000.
Cash Value: $10.73 Per Share.
Revenue: $98,510,000.
Revenue Per Share: $7.88.
Gross Profit: $71,350,000.
Diluted EPS: $2.56.
Operating Cash Flow: $47,780,000.
Leveled Free Cash Flow: $24,310,000.
52-Week Range Before Halt: $3.01 ~ $10.98.
52-Week Range After Halt: $0.0811 ~ $0.8.
Middle Section, Longmao Street Area A Laiyang Waixiangxing Industrial Park Laiyang City, Yantai, 265200 China | |
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Jiangbo Pharmaceuticals, Inc. engages in research, development, production, marketing and sales of pharmaceutical products in People's Republic of China ("PRC") through its operating subsidiary, Laiyang Jiangbo Pharmaceuticals Co., Ltd. ("Laiyang Jiangbo"). Jiangbo purchases patents for drugs or develops sophisticated drugs through collaboration with leading research institutions. The Company is well positioned to benefit from rapidly growing pharmaceutical market in China by its well known brand, experienced management, skilled workforce and extensive distribution network.The company is located in Northeast China in an Economic Development Zone, Laiyang City ,Shandong Province.
Jiangbo has 470 full time sales representatives and 620 part time representatives located in all major commerce areas across China. The company has numerous GMP (Chinese State Drug Administration or the SDA) approved manufacturing facilities and production lines,to produce various forms of Traditional Chinese Medicines and Western Medicines. The Company has a production capacity of 6 billion tablets, 70 million boxes of granules and 50 million boxes of capsules. 12 million bottles of Syrup and 8 million bottles of electuary. The acquisition of Hongrui in January 2009 increased Jiangbo' product portfolio from 6 to 28 products. The Company's best selling products include Clarithromycin sustained-release tablets, Itopride Hydrochloride granules, Baobaole Chewable Tablets, Radix Isatidis Dispersible Tablets. Currently Jiangbo has three new products in the pipeline awaiting final SFDA approval.
English
http://www.jiangbopharma.com/
Chinese
http://www.jiangbo.cn/
Chinese (Translated...use the linkbottoms on the bottom , they work) :
http://translate.google.de/translate?js=y&prev=_t&hl=de&ie=UTF-8&layout=1&eotf=1&u=http%3A%2F%2Fwww.jiangbo.cn&sl=zh-CN&tl=en
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