China BioPharma Corp (fka CHBO)

[sweet crude]

from what I understand....

the company needed to make some sort of payment (not sure for what) and ended up paying in shares, and that is what we are seeing here. Have no clue how much for...but have the inquiry in. Not unusual to make payment in shares, but think they should be getting close to finishing up. Once I find out how many shares there are I'll post back.

Still, at end of the day, this company has some real deal people behind it, and once this is done I have no doubt this will be heading higher, and better liquidity.

Key thing is these are exsisting shares, not newly issued shares, so we are still around 85 million outstanding.