THE ONLY WAY IS THROUGH GOD
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I just pray that the SEC 10-K's will be out by the end of the year. Come December if the 10-K's aren't out then we should see massive selling because of the tax variable.
Wow! What huge volume today!
Let the 10-K's be filed now!!
The big question that I would like to know is, how many shares do insiders still own?
Either this stock will make BFAR investors and it's officers RICH or POOR. This remains to be seen though. What could be delaying the 10-K''s filings is the question that eludes us and remains to be answered.
Have you or others called the auditor lately. As for I, I haven''t.
What about the auditor? Have you called them lately?
All buys so far today. The weak hands have stepped back for now.
http://ih.advfn.com/p.php?pid=trades&symbol=USOTC%3ABFAR
Let's get the 10-K's filed now!
One day the company will say that. That is the hope.
According to the website of biopharmasia.com there is a copyright still in effect.
I'm not sure what this means?
http://biopharmasiainc.com/
Well, no money for the mm's and company. and shares continue to sit idle.
If the website doesn't expire till May of 2013, then why is it down?
As far as the companies website goes, that website hadn't been updated since the 10-Q's and 10-K's stopped filing as a result of Davis having their licensed revoked. The company BFAR subsidiaries are all still in business and the shareholders are still holding on to their mass of shares. It would make no sense to me to let this company go and so the shares as well. BFAR will update and have a new website going prior or after the commencing of the SEC 10-K's.
So your response of "nothing comes out of nothing" sounds like the sayings of "there is no God but God."
I actually meant today had more sales than yesterday. Tell me, do you believe that BFAR will actually release the 10-K's. They have never been accused of fraud and even if the numbers are lower than what they reported from the last auditor Davis, it would give them a chance to get back into the market and they can sell their shares for way higher than what it has been since they lost the last auditor due to them having their license revoked. What do you think is the big hold up here?
Well today there were more buys than sells. Yesterday it was about even.
Wish the company could update us on the 10-k's, and I mean a new update.
Loupai, as far as I know, most companies wont give out information that would affect the share price. As far as the auditor or company buying cheap shares, well that is very probable only in consideration of the last two spikes. Who would want to buy a lot of shares if they were not sure of a return. So the only convincing effort to ensure my assertions are the last two spike volumes followed with little selling afterwards. Last, insiders are holding on to millions of shares, and what will they gain, but only lose if the stock doesn't trade as a public entity.
Has anyone gotten in touch with Gloria Fang lately?
Um, In two weeks from now you'll be able to get em shares at half of todays cost imo.
Any guesses as to when the 10-k's will be filed?
Actually I see a midsize buyer in the .06 range and a possible seller at the 0.077 range or vise versa?
fcpg, will you please start pumping. After all this is a profit generating company with lot's of cash on hand. Perhaps this coming quarterly report will report a net profit of $10 to $15 million...Wink
Nothing is known for sure. The only ones that know are the auditor and the company itself. Henceforth, we need a PR updating us on the status of the 10-k filings!!
Stock dead = Depression
Does not the company even care about boosting up the stock?
Not sure if em are buys or sellers at er 0.0785?
This stock is literally dead!!
We need news!!
Right, especially when Yanhua Han is holding on to some 15 million shares, LOL!
My question to you though is, what does this entity know that is causing him/her/them to accumulate shares?
ANU
Fcpgalltheway, your best hope here is to sell just before the quarterly report is out so you won't lose so much. I sure hope you had some money to buy down here though. Perhaps you can break even or even make some money in this stock and not lose like with BFAR.
As far as financing goes, the company has no assets to use as collateral to take on more debt. Second, the company is negative cash flow.
The best solution here is to sell shares to a money maker, or if they can, find an investor who is willing to buy shares at a discount, but of course, the company has to prove some way that the one time negative cash flow was only a one time fluke, let's say from bad decisions last quarter that accounted for the loss, and not as a result of competition or decreased demand for their products.
Last, with some good old fluffed up pr's, I can see the share price can increasing and a fast offer at the table for shares a discount can occur to the duped up investor!
Live and learn.
INANDOUT
One important note: The following day, after calling, the stock spiked. My thinking has been that the auditor info was being held for a good reason, and that was so the auditing firm can obtain shares in the open market since it was made public that BFAR was intending to file.
ANU
Well perhaps The Auditor is keeping quite in order to accumulate shares for themselves before a filing the 10-K takes place?
ANU
My thoughts later guys...
Anu
I remember calling back in April after the PR was issued and he said something to the effect of having me call the company or redirected my question to the company. I took it as him refusing or declining to answer if they were auditing and no I haven't posted this info before till now and that's the only direct info I'm aware of.
Anu
What kind of observations have you found that indicates that the stock is getting ready to pop?
VTG
Able to obtain most at .20 & .205, and a few at .21. Now to sell at .30 for for a nice 50% gain in technical bounce.
Cheers,
Verytightguy
Yes, and Mr. Yanhua Han owns nearly 15M shares in BFAR which is why it's imperative to know if BFAR is in business and doing well. I would think that he is a smart man and if he were to offload shares it would be at a high stock price.
Thanks Wallas for you fast reply. I hope to see a 10-K filling soon.
Rec
Perhaps, that person could be me buying at .21. I see a little technical bounce here. BTW no BFAR shares have been sold down here.
Recta!
Wallas, last month you said you had someone speak to a person from BFAR subsidiary Tongshua Tianbao Cuttivation Company. Did the person say that "BFAR" is still in business?
Thanks,
Rec
Loupai, what is wrong with you? You are making a project out of my statements.
As I recall from a older post, the Auditor is not at liberty to say wether they are engaged with BFAR or not and has referenced the company for any investor questions.
About every two months or so the stock spikes up. Now if we get good news to go along with the buying, just think where this stock could be headed.
Thoughts?