Jiangbo Pharmaceuticals, Inc.(fka JGBO)

[john302]

good points. The only thing I would say is that my take is:

1. Cao Wubo is not risking his "real" ownership of the company. Whatever goes on in the US can not legally effect anyone in china. But I agree that placing his shares in escrow is definately better than nothing.

2. The 30M, while it sounds like a lot, is not risky at all for Pope because they structured it in such a way that they are guaranteed to get it back. By increasing the A/S, allowing the notes to be convertable at any time, etc.

3. We really need to hear from CCG on how this would affect any RS and subsequent uplisting. Do we have to wait untill the financing is done in 2011 to uplist?

I hope things work out.