THE ONLY WAY IS THROUGH GOD
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Place your bets/! Come May, if a 10K is not filed this stock will sink like the Titanic.
Thoughts anyone?
Rec
Han Yanhua must really like to see his account nearly worthless with the current stock price. 15M shares at 5 cents a piece. Wow. Remember when it was $4.00 a share Han. Get em 10K's filed please.
Rec
In all seriousness, BFRA really needs to get their act together and file the long awaited 10K's which will do away with these depressive prices. If BFAR already has this in the works and they are waiting for the right time, like in May so they won't have to file any of last years 10Q's, than this message cab be disregarded as if it's already done.
Good luck to all.
Recta!
We could retest 0.033 soon! Bid now at 0.0475.
As long as there is no 10k...shucks
Recta!
One 10K SEC Filing will make this stock EXPLODE!
That said, there is no doubt in my mind that the company is gonna file. Why hold on to those shares for nothing. Obviously the company has something planned. Now it's just a matter of time before this happens. It could be in May or June or who knows.
Glad to see you on the positive side fcp.
Recta!
As long as there is no 10K Filing the money makers can do whatever they want with this stock...Darn
Rec
fcp, you are incorrect in stating that we are in Mr. Hu's hands. We are in Mr. Yanhua's hands. Guess who hired Mr. Hu? Yes, it is Mr. Yanhua himself, the Chairman of the Board. Read the 8k carefully and see who's signature is at the bottom of the document.
This should help you get your facts straight:
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=7739245-1057-4845&type=sect&TabIndex=2&companyid=60191&ppu=%252fdefault.aspx%253fcik%253d1080908
Recta!
Just look at it this way. As long as these shares are cheap, insiders own a chunk load of shares, and you have some extra money to spend, why not accumulate here and there till the big KABOOM! Those that had little or no faith will just have to buy at a higher price or stand in awe when the day comes:>)
Recta!
fcp, the only news that will send this to heaven is a good old 10K SEC Filing. But, the low stock price and the ingathering of shares, as seen in the previous month to sell at a much higher price makes this a reasonably convincing attractive stock.
Recta!
The change in the bid ask has very little to do with the overall interest in the stock. When you see large volume in relation to the bid ask moving up is when you should start wondering if a big announcement is pending such as the one we saw 2/7 - 2/14. A lot of times big volume precedes a big announcement even if it's months down the road. Accumulate here and there for the time being till the announcement is made is the motto that insiders are accustomed to!
Rec
fcp, they only had to mention it once as that pr was in relation to a change in the auditor. The subsequent press releases were not in relation to a change in the auditor.
Rec
Well fcp, now till May should be the best time to accumulate cheap shares. Once we get our first 10K filling, these numbers down here will be long gone. Remember too that Han Yan Hua owns a sh1t load of stock, some 30% of the outstanding to be exact, who by the ways, is running the show.
Rec
The stock was brought back down on very little volume. Somewhere in the neighborhood of 500000 shares vs the amount bought on the way up.
Rec
2010 & 2011 10K's = May 2012
It's been a long wait. We shall see what comes of May though. I have a strong feeling that, that month will be redemption month = 2010 & 2011 10K's. Why do I say this. Well take a look at the buying that occurred from 2/7 to 2/14 of 2012. Someone was convinced enough to accumulate around 4 million shares during those days.
Rec
So then bfar need's to file 2010 and 2011 10K's and they would be back in compliance with the SEC. Perhaps bfar figured it would be easier and more cost effective to wait to file for 2011 10k by May 31st rather than having to file for 2011's 10Q's.
Rec
It cost about $100,000 for filing a 10K. All BFAR has to do is file a 10K for the year ending 2011 and 10 Q's subsequently thereafter for each 2012 quarters and they would be back in compliance with the SEC.
Now, does BFAR have to file 2010 and 2009 K's?
Rec
Getting ready for Q SEC Filing?
Hummmm
Recta1
Guys, I do believe that the MM's are running out of shares. Once this happens we should see a steady climb. Once SEC financials are out, we explode.
Recta1
All we can do is hope and wait for now. The payoff in the end will justify the wait imo.......
Recta!
Fcp, regarding Acquavella, Chiarelli, Shuster, Berkower & Co. LLP, how do you know for sure that bfar is no longer engaged with this auditor?
Rec
Fcp, let me reiterate again, Mr. Han Yanhua is the Chairman of the Board holding 14,875,000 shares or 29.75% of all the 50,000,000 common shares, therefore Han is in control here. CEO's can be replaced but not the COB without selling ownership of their company. Mr. Hu Xiayang doesn't own Biopharm Asia but rather works for the company, and his main goal is to get it running smoothly to make Han happy. Albeit, Han is not pleased with the low value of his shares as are the other 4 large investment groups consisting of: Giant Fortune Investment Management limited with 2M shares; Enhanced Way Investments Limited; Power Step Investment Limited, and Talent Peak Limited, with all the last three owning 4.25M shares respectively.
Rec
Re: Bollinger Bands
Well the buying is drying up and Bollinger Bands are starting to tighten up a little. If the buying range stays between .055 and .07 for a month than bollinger bands will definitely become tight and positive news will send this spiking up.
Rec
Until we get some solid news, this stock will be a thorn in the flesh.
All I'm getting from this is a shot of anestesia.
Rec
Bid 0.055 Ask 0.065
Which of course means nothing since there is hardly anyone buying, LOL
Rec
fcp, you are needed here! You have helped me is seeing the whole picture, which is mostly what communication is used for. I also strongly believe in the first amendment which gives us the right to exercise our freedom of speech. Fcp if you feel that you have been violated by the abridging of your rights, than I would make a case for yourself and start reporting this person.
Rec
Fcp, so we just have to wait and see what the company plans on doing, right? If they are making the revenues as stated than why is it taking so long to file with the SEC? Can they make more money going private, or by reentering the stock market? Can they apply for an AMEX listing on the amount that they make? Where does Mr. Han Yanhua wan't to take this, I guess the biggest question of all?
Thoughts,
Recta!
Does this guy know SEC Filings are coming soon?
IF anyone knows for sure please respond?
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_B/threadview?m=tm&bn=123801&tid=218&mid=272&tof=1&rt=2&frt=2&off=1
Recta!
Mr. Yanhua Han COB, please get Mr. Xiyand Hu to sign over the documents needed for a SEC Filing. The stock is in limbo, you know and were not happy one bit about that, at least most of us aren't.
Rec
The loooong Wait......................
Is it worth it?
Thoughts?
Rec
Just one SEC will do it. When will this company update shareholders?
Why are we in the dark as far as knowing when we can expect a QFiling.
All the company has to issue is a press release stating something to the effect of an expected QFiling.
The PR could read something like this: We are in the process of finalizing the past and present Quarterly Reports which will be out by the end of the 2nd quarter. We will in the mean time continue giving our valuable investors updates as to when the first Filling will take place. That is what we want to hear, rather than some hospital being bought with some undisclosed amount and some closure to occur by the end of the first quarter.
fcp, thanks for you reply. At this point in time, it's all just a waiting game.
Thoughts,
Recta!
We already know that our future hangs on the companies decision to file or not. How about your Chinese friend that speaks the language? Has she been able to talk with Gloria?
Rec
Two Questions that must be addressed:
1) Is this a legitimate company that generates close to the amount that they claim?
2) Does this company plan on filing with the Securities Exchange Commission?
Nay to the above would nullify any value to market cap and stock price. Yay and we go the 2 to 3 dollar range.
Thoughts,
Rec
Any updates from your investigation?
BFAR at 0.06 this month should post their 4th quarter preliminary report. If the company plans on being consistent, than every 90 days they will give investors quarterly updates which should increase investor confidence before submitting SEC quarterly filings. The last preliminary quarterly report was on Dec 5, 2011. The stock trades for 6 cents with a market cap of 3 million and insider ownership of 55%, of which, the Chairman of the Board, Han Yanhua, owns 30% of the 55% inside shares.
Rec
If bfar is to be consistent and cares about getting back with timely fillings, than 90 days from the last preliminary unaudited report dated back on Dec 6, 2011 is when we should get the report. As far as a SEC filing, we are all hoping for that to come out anytime soon which would be the ultimate catalyst in waking up this stock for good. Last, the only dependable gauge that we can use to measure futuristic share prices is by referring to the stocks past performance when they were filing consistently. As you would note, the stock traded in the three digit range from $1 to as high as $6.
Rec
Yes it was at $4.00 a share on 11/2010. That was only 1 year and 3 month ago, but they were current with SEC Fillings, until that Davis the so called auditor was revealed to have their licensed revoked which caused the whole problem and stock devaluation. Nothing has put bfar in the wrong as far as any fraud is concerned.
Rec
fcp, just think about what the insiders who own a lot of shares are thinking. Are they in a state of panic? Hell, no! They know that a filling will take place. Yanhua Han who owns 30% of the outstanding shares and who controls bfar knows this and so do the four other Investment agencies who own the rest of the combined 25% OS.
Think about it. I mean really think about it. Do you honestly think that they will just walk away and say, "Oh,well."
Patience is a total virtue in this stock. If you don't have it than you ought to sell and by XOM.
That's all I have to say for now.
Rec
fcp, a violent and raging explosion will occur once a financial Filling is filed, unlike you or I have ever seen in a long time. Till then keep calm and somber. Once the time comes, a huge smile will cross our faces and our heartbeat will race with elation (except those that are on cardiac beta blockers)! Those that didn't buy at these low entry levels will be filled with jealousy, depression and regret for not acting when they had the chance. They will get in their car and drive aimlessly in hope for some kind of comfort. They will sleep long days and regret the waking moments.
Mark this post when the day occurs!
Rec
What do ya mean?
Like I said before, Mr. Hu will want the stock to surge but only if he is to profit from it. Could the real COB (Yanhua Han) stand up and offer some shares to Mr.Hu to make it happen?
Rec