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There's a new wind of change blowing. Two PR's in a week. Definitely a good sign.
that;'s right and that's all they need to do to send this thing flying. If Monday's performance is anything to go by, we'll be doing very well in the coming weeks with more PR.
Good luck to all.
Actually it's not interesting at all if you've been following this for a while. The only reason it's the way it is right now is that BFAR has not been filing periodic financials with the SEC because it's stuck in some kind of audit hold up and now that it's on the pinks they don't really need to I guess which might make their Pharmacy subsidiary quite happy.. maybe meeting deadlines and such is not their thing. With that being said, if the numbers on Monday are confirmed, that site should have no reason to put it in that category.
Monday's reaction to the news to me proves one thing. There is interest out there in this stock. Investors are staying away for lack of confidence due to late audit findings. Any filing with the SEC about the PR on Monday will make the re-audit of 2010 immaterial and IMO it should be easier for the auditors to confirm the 3 qtr numbers than those from last year or two years ago. Also the company will be willing to get these numbers verified than some numbers another auditor has gone through and are being challenged on a technicality (expiration of license of the auditor). I'll be interesting how this plays out but I am more convinced than ever that this co. is LEGIT and will hopefully make as all rich.
Again I agree. Were they obligated to indicate in their PR that the results were "unaudited" and "preliminary"? I doubt they did but they went through the trouble of making that clear. That to me indicates their readiness/willingness to have them audited for release in the future. That will be the difference between the current price and the multi $ price most of us believe it's worth.
I'm surprised you guys are surprised the momentum isn't holding.
I'm not at all surprised. Simple reason is that BFAR is suffering from lack of market confidence and some of the comments here by current investors doesn't really help the situation.
I think before you post anything you should ask yourself if a potential investor would be likely to invest after reading your comments. There are one or two questions about the company in recent times that's no secret but if most of what we do here is to highlight those issues rather than the positives (under valued, making good profit etc.) then most people are going to short or not invest at all. At the end of the day we all want to make some money so let's do things that would help our collective cause.
Just my 2 cents.
For the record... I'm still in till the end.
The two issues you raise goes against the style of management of the company rather than the legitimacy of their business.
They do not seem to be investor friendly and are quite PR shy and that's what raises suspicions for most people.
I have no question as to the numbers they released yesterday or the legitimacy of their business.
No company that is doing shady business or doesn't exist will bother responding to the sec by filling their lease agreement or even bother with yesterday's release.
What I believe is happening is some kind of internal restructuring and/or just waiting for the auditors to clear the air before resuming other PR. Either way,IMO there is no need to call Missy since it is unlikely she'll answer any substantive questions about the business activities of BFAR (that's what PR releases are for).
While I understand your concerns with the sale of the subsidiary etc. I think it's just a matter of time before there's a PR about that too or the Chinese don't feel investors should know of a rescission of their decision to sell. My excuse for them is that this way of doing business is new to them. They'll soon learn to be a bit more transparent when they realise that's what investors feed on.
This is just my opinion and gut feeling about this co. Like I said before, I'm in till the end, bitter or sweet.
Might actually know this guy. Do you know what province/city he's in?
Not sure what you'd like to see here
looks like BFAR in march expressed interest in acquiring HBZLY. But the owners had not made a firm decision to liquidate that subsidiary until Oct 25. if indeed it's the same subsidiary in question.
I'm here till the end bitter or sweet. Doesn't make any sense to me to sell now.
lol... I agree but that's what you get with machine translations. They're are usually literal and might not make sense in some cases. But at least you get the general idea what type of product they're into.
what are you talking about?
I'm with you brother. 0.75 will be a good start if not a good "finish"at this point. Wishful thinking is all we can do for now but one of these days.....
nice to have a "green day"
It just means that as of today they are "STILL" engaged by BIOPHARM asia to audit the financials and NOT that they were engaged starting from today. That's my interpretation.
i don't think you need to worry about BFAR going dark. They'd have done that a long time ago and probably wouldn't have bothered releasing the details of their lease agreements. It's only a matter of time before the 10k and what not are released.
well at least now we know why they filed the lease agreements. One can only hope that the 10k will come when complete (soon hopefully). Still in it to win it.
If I only read your posts I would have sold and left this forum a long time ago. Can you be positive for once?
Yea that's exactly right. Something should happen here sooner or later. The way I see it with every passing day we get closer to that day when some news will come out.
I agree. I'm in it to win it. With every passing day we get closer to a filing or some news. Not the time to quit IMO.
Amen to that!!!
I think you misunderstand my position here. Whether I'm a flipper, long term holder or whatever, the bottom line is we're all looking to make some profit. The upsides and downsides of investing in the company have been stated several times by several different posters.
All I was saying is that most of your posts highlight the potential negatives as opposed to the positives and for someone who is invested in this security I'd hope or expect that you'd be more interested in highlighting the positives if for nothing at all to attract new investors or retain current ones since it's in our collective interest to do so.
lol.. I'm not a professional at this but the way I see things when you invest in a company you're either all in or all out. Some of the comments you make here makes it sound like you're at least marginally skeptical of this company. If that's the case why are you still in? Or am I just taking your comments out of context.
I have my own interpretation of the answer to that question which to me makes me want to keep holding on. I'm not sure what other interpretations might be out there that's why I asked for an explanation..
Can someone please explain this portion of the report to me?
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earning statements to be included in the subject report or portion thereof?
Yes o No x
lol.. it's a good disease to be infected with. Key word here is MOMENTUM.
A lot of what you've stated while true, may not matter in the short term run of things. Point is if the 10k or 8k comes out and we get some momentum going you'd be shocked to see this thing in multi dollar land. I've seen less legitimate stocks over performing on this exchange.
what number did you call Amy? I think this is quite simple. We all have access to telephones and can do a simple DD like this on our own if only you give us the number you called.
I agree with you. Amychan just wants cheapies and sadly panicky traders are selling based on his fabrication. Why else would he ask for further discussion in "private".
Dude u want cheapies.