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Technically, yes. CBL got $173 million. CBL is(or was at the time of the deal) 100% owned by China Biopharma Inc, the company we own. CBL is alive and well in the Cayman Islands. CHBO, the owner of CBL, appears (pretends) to be dead. Last time I checked, they owed around $400,000 in taxes, an awful lot for a company currently worth only $33,000.
The question is: are they ever going to come out and let the stockholders know what has happened during this silent period...
They drop it to .0004 and the ask is still .0012? =D
.0012 is still extremely cheap, lets see how long that lasts...
By the way, I'd put an order in ASAP.
If it starts moving and you have to call your broker to buy shares... Well... good luck with that =)
You'll need to call your broker and place the order by phone.
The stock has been idle for a long time, very low volume. So in that sense IT IS illiquid. For now.
We'll have a little run. This wall @ 12 won't hold very long.
IMHO
Please submit your request to Sharpcharts to add CHBO to their database.
http://stockcharts.com/help/doku.php?id=support:feedback:symbol_request
What's your point?
It's nothing new. Tianyuan has been sold to Novartis back in 2011.
Undervolume? What is that?
But I do agree that it's time to load. It's been good time to load for quite a while now. These prices won't last.
My advice: keep sitting on those shares, buy more to average down. It should start creeping up, purely on chart IMO.
Other than that, nothing new that is publicly available with this company.
Nothing new, but CHBO's day is coming... Someday =D
Nice volume with only 5 trades.
Somebody is finally loading?..
Buy them up then.
Would be much more productive than posting here everytime bid/ask changes.
Hahaha. You think so? =)
This will run like a wildfire. Just watch. =)
Still quite a few cheapies available, but they won't last at these prices. You could buy 5% of the company for little over $2000. Crazy. I have plenty, but I'll probably lower my average too...
Relax. This looks like another pump-and-dump.
A scam company merging with another non-existing company.
Can you please stop the pumping.
If it will rise, it will rise without your meaningless messages.
That PR sounds like a scam.
No meat in the PR, while giving references to non-existing, scamming company.
Time to load. It's going to run...
Don't think so. These trades are worthless and do not show anything how a stock can move. To move a stock, or to see how a stock would respond, you would need to check it with volume in the millions. However, the more volume, the more attention it attracts. Daytraders are gone. Only bagholders and the ones that still believe are here.
Daily fluctuations without considerable volume are not indicative of anything. Clearly, at this moment there is very little interest in the stock. With such low volume it makes no difference if it closes at .0001 or at .0004.
There are plenty of people out there who do it just because they can. Especially the ones who have many free trades to spare. To raise awareness, conspiracy theories, and to mess with people like you.
tick tick tick...
Wow...
Where is the bottom? Company valued at $30k right now...
At least the spread is closing...
Ridiculous prices, didn't really want to buy more, but now...
Toast or last drop before the rise? =)
Bid X Ask
.0005 X .0006
50k X 16Mil
If I win a lottery I'm going to be a millionaire =D
Let the pump begin...
Are you buying again?
I'm glad you finally sold =)
Have you sold your shares yet?
I thought you wanted out at .0004.
Please sell your shares to me.
Thank you.
LOL
Sell to YOU? =)
Nice volume. Price... not so much =D
This stock does not appear dead just yet.
MMs keep painting the chart. It will run sooner or later, IMO.
For a 'dead' stock this one has still 66 board marks.
I guess you did not completely lose faith in CHBO if you keep coming back =)
Usual tactics:
pump when you are selling,
scream 'bloody murder' when you are buying.
At least Marine and FireLane are consistent, even though they seem to show up here on particular days.
I thought you were not going to post anymore? We know where you stand, thanks.
Yet you keep coming back. How many times do you have to be told 'Farewell, and good luck?'
Lack of information does not equal 'scam.'
Farewell and good luck.
Don't expect any info. Period.
Just wait... Might take another year or two, this will pop eventually again.
I'm not the one trying to convince people over here. You are. The burden of proof is on your shoulders.