China BioPharma Corp (fka CHBO)

[pocketunchanged]

You have to read the 8-K ---

All you want to know is there.
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<<<The CD holder should receive a1/24th of $3M today, as the September payment, plus interests. That is around 6 million, or so. Lets say between 5 and 7 million shares>>>

If you care to peruse the 8-K, you will learn that there are not 24 payments but 21.

You can also find out that the monthly payment is 4.76% of the initial principal ,to which you have to add 8 or 15% interest depending on the circunstances surrounding the payment.

Furthermore, it is clearly stated that the HOLDER is not allowed to hold more than 4.99% of the OS.Therefore no need to file Schedule 13D
<<Schedule 13D is an SEC filing that must be submitted to the US Securities and Exchange Commission within 10 days, by anyone who acquires beneficial ownership in a public company. Beneficial ownership is defined as one entity holding more than 5% of the company's total shares.>>

One more thing before I go, the 21 monthly payments run from 13th to 13th and not from 1st to last as you think.
Leo, I hope this data can help you to make a better investment.

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