China BioPharma Corp (fka CHBO)

[clearcoated]

OK things may be different this time. But the last 6 or 7 times prices spiked above the upper Bollinger Band in their 3 year chart

http://stockcharts.com/h-sc/ui?s=CHBO&p=D&yr=3&mn=0&dy=0&id=p94610548388

It was followed by a sell off. We're up 75% on low volume since siaubas posted he couldn't get filled April 3rd. The bid has been building since Apr 3rd, and it's not going to take much for someone to lock in that profit. 2 mil. shares got filled at around .002 Feb 12th. Since that dilution day on Feb 12th, there has been many $20 buys at ask which kept the spread wide and hard to buy.... but that action steadily raised the bid. That's why a few weeks ago siaubas and I were saying PPS seemed propped up. My take is it's been a few people in a rush to average down since Apr 3rd.

8 month: http://stockcharts.com/h-sc/ui?s=CHBO&p=D&yr=0&mn=8&dy=0&id=p70548382219

Otherwise I totally agree with your sentiment, and the market cap is extremely low. I'll say it again that they need some real good news to turn it around for real... and that's really my hope. So I too look forward to those EFFORTS TO DEVELOP MARKET RECOGNITION FOR OUR STOCK.