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I will believe anything at this point. I sure hope it´s true!
ENFORCEMENT PROCEEDINGS - Commission Orders Hearing on Registration Suspension or Revocation Against Jiangbo Pharmaceuticals, Inc. for Failure to Make Required Periodic Filings
6 days 18 hours 28 minutes ago - FIND Government Press Releases via Comtex
On September 11, 2012, the Commission issued an Order Instituting Administrative Proceedings and Notice of Hearing Pursuant to Section 12(j) of the Securities Exchange Act of 1934 against Jiangbo Pharmaceuticals, Inc. (Jiangbo). The Division of Enforcement alleges that Jiangbo is delinquent in its periodic filings with the Commission. Jiangbo has failed to file required annual and quarterly reports with the Commission since filing its quarterly report for the fiscal quarter ended March 31, 2011.
In this proceeding, a hearing will be scheduled before an Administrative Law Judge. At the hearing, the judge will hear evidence from the Division and the Respondent to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 thereunder, are true. The judge in the proceeding will then determine whether the registration pursuant to Exchange Act Section 12 of each class of the securities of the Respondent should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in this proceeding issue an initial decision not later than 120 days from the date of service of the order instituting proceedings. (Rel. 34-67833; File No. 3-15019)
Could this be the fate of BFAR?
I expect $2.00 a share by the end of September.
I am also confident that Wang is massively buying up shares knowing that good news is just around the corner.
fcpgalltheway, could you write more diligent hard worked on posts?
Many Mutual funds are trying to get in, get in, get in badly on this hot Chinese stock and every day they regret not buying up blocks of massive shares. I bet their managers are torturing them for for not getting in or just buying earlier, as you said we all should!!!!!
fcpgalltheway your effort and energy on getting people to buy stock, so you can get out and break even has exceeded my expectations from you.
"I really expect a lot of good news to come out very soon, to be followed by continuing good reports all the way to the end of the year."
fcpgalltheway are you high on something?
Seriously.
You keep telling us to buy at 18 to 19 cents and I take it you will do the same once the stock drops to 15 cents and then to 10 cents as well?
Is BFAR really worth just 2 million dollars? That's what the market cap says! Well in consideration of no website and no SEC filling that's what investors are saying!
$ 595,000 is Yanhua Han & his 14,875,000 million shares worth at 0.04. LOL!
fcpgalltheway if you are such a true believer in fcpg, then why don't you get a loan for as much cash as you can, that is being fast cash and support the share price by buying up shares for 19 cents??? I'm sure Wang would be happy in being able to offload his ......
Blast off guaranteed with NEWS.
Been a long wait!
Remember the good old days!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73773206
Perhaps we will get news by the end of September?
Looking at the stocks past performance and structural formation it appears that there will be a further decline in value, from 18 cents to 10 cents.. I say wait till Dec to buy and sell the next year once it doubles at 20 cents. Right now short sellers are keeping this from going higher with the overall objective of driving this lower.
$2.00 a share by the end of September once them flyers are handed out stating what we have here or based on what we have here and based on good news that is just around the corner!!
I expect that...
Yanhua Han & his 14,875,000 million shares is not worth much at this time. What a WASTE!
Really depressing that the company is not going to do anything about getting the stock price up. What about all those shareholders that hold millions of shares?
40 cents come September?
Loan of 5 million dollars or more with a 3% interest rate? Stock take off after?
Why not stock take off now?
Sum ting wong
Your seriously funny too fcpgalltheway, that is about the best comical post I have read in a long time! LOL!
Look I know you want to recuperate your losses and maby even make a profit if you bought at 18 cents. Perhaps as you said, this stock could go to 30 cents and you could make 50% but the fact is that the MM's will drive the stock up to resale the shares they bought at the lower prices. Once they gathered enough shares they will move it up. Unfortunately what drives stocks up with definite holding power are mutual, hedge and institutional funds and I know you don't want to hear this but the Chinese stocks are considered high risk stocks because of the fraud that was involved staring with Rino corperation. Now not all companies are fraud. There are those that generate actual net profits.
"Anyone over 65," great strategy! Im pretty certain they will be around long enough to use this method in terms of a tax right off.
Mr. Tse will give in to your demands and sign a 5 million loan will take place at 3% by an asian bank and the stock will rebound to 40 or 50 cents come September as you have stated?
So your basically telling us to buy fcpg shares NOW before the news comes out so we can double out money?
Yes, I hope BFAR is a real business and that they are going to file soon.
The last two spikes were very interesting. We saw many buys at the ask and so I begin to think to myself that this is a good investment since the price is way undervalued. It was when the stock began to settle in the 6 range that I did my buying. Little did I realize that the day would come when the stock shrunk to 4 cents. Now if BFAR is aware of all this and they have never been charged with fraud, have a ton of owned shares and is a profitable business than it would seem logical to conclude that the shares are undervalued and that any 10k filing of some sort would cause the stock to take off.
Still hoping that BFAR gives up a news update soon. At the current prices it would be a steal if you had bought down here and then receive a news update that props the price up.
No website, not a word from the company.
I wonder if Yanhua Han is still holding on to his shares?
fcpgalltheway, could you please be a little more clear on how the 2million dollar at the 9% interest rate will make this stock reach 40 cents a share or can we expect news that the company has secured a 5million dollar financing at 3% interest rate as you purported many many times?
What about the last two spikes? I thought that was heavy buying with some sort of inside info in anticipation to 10k filings?
can the SEC just delist them from the pinksheets. Why there are other company stocks that have been around for years after eventhough the company stop filing.
Loupai, what do you think is going on with the company? Why did they shut down their website and do you think they will go a bid for releasing their 10k's?
Gosh, what an embarrassment for this company. They said they were intending to file 10k's and they can't even give shareholders a new update of some sort.
fcpgalltheway you have once again prove yourself to be a real fart smeller, I mean smart feller. All your cheerleading has lead this stock to 18 cents. LOL!
Did Mr. Wang has secured a 5 million dollar loan as someone on this board has been saying? That good news is right around the corner and to go all the way in buying up shares because the price will double on the news which is expected any moment now?
fcpgalltheway , you have repetitively purported that Wang has secured a 5 million dollar loan. So based on your claim, we should buy and not sell because the stock will reach 40 cents on the news?
Please let there be NEWS soon.
WHAT IS GOING ON HERE. WISH THIS COMPANY WOULD GIVE US A NEW UPDATE OF SOME SORT
Any news at thisi point will jump start the stock.
There is a poster here that has pumped fcpg all the way to 20 cents. I think this guy owns us an apology. Don't you think so?
My guess is that they will file before the deadline for filing a 10-k in 2013 and restart their revised Website at the same time. Here is why:
1) Save money from not having to file 10Q's.
2) Purchase more shares one people give up hope, probably in December.
3) Save money from not having to operate a website.
4) Too many insiders own shares!!
Re:10-K's
Guys, the numbers looking at the 10-K of 2010 looks very good. If this is a viable company than with the release of the 10-K}s this stock will fly!
No 10-K, no Website, what did you expect?
Stock is ripe for a POP. News regarding the 10-K's?
Could it be this week or in August that we get any news regarding the 10-K's?