Jiangbo Pharmaceuticals, Inc.(fka JGBO)

[john302]

Maybe they have things in the works that investors don't know about yet which gives them confidence. Look at the deal they got with a NATIONAL chinese government department. They could quickly become one of the big fish in the pond. Chinese pharma is still in its infancy. If you had invested in astrazeneca or pfizer when they started out, these kind of worries would look trivial in retrospect. Who are going to be the big Chinese pharma's in the future? Its anyones guess, but GTEC's risk/reward ratio right now i the best I can find. They are investing in the future as well or better than anyone.

Along those lines, the chinese pharm industry appears ripe for consolidation. I think you will see some of these smaller chinese co's start to merge. It would make sense, esp for the ones that are stuck on the otcbb while their brothers and sisters are on the nas/nyse getting rich off of absurd multiples. My "dream ticket" would be a lotus/gtec merger sometime in the future.