Jiangbo Pharmaceuticals, Inc.(fka JGBO)

[bigplay777]

10K will be out Sept 29th, but....

Starting end of 2nd quarter fiscal 2010, Dec 31st, 2009, JGBO will meet all the criteria to become an accellerated filer. Main criteria is JGBO must have a market value over $75 million. My bet is at that time, Dec 31st, 2009, JGBO will have a market value of in excess of $140 million AND be on the NASDAQ!

That's my take for this year, 90 days from the close of this fiscal year which was June 30th, 2009. July 31 days, August 30 days, and Sept. 29 days - 31+30+29=90

JGBO would have been an accellerated filer this year, but end of 2nd quarter, Dec 31st, 2008, stock was only trading about $3.75 a share giving the company a market value of less then $40 million. JGBO needed a market value in excess of $75 million or more to qualify. That's real ironic because JGBO' 10Q, dated Dec 31st, 2008 had a cash value of $76,379,860 and total assets of $140,574,694 See page 3 here:

http://www.sec.gov/Archives/edgar/data/1091164/000114420409008228/v140066_10q.htm

On Wednesday, Dec 31st,2008 here's how JGBO traded: Open $3.75, High $3.75, Low 3.60, Close 3.75, Volume 3,750

I predict JGBO will have at least $180 million Total Assets, Dec 31st, 2009

Buy now! $9.99 shares will be gone soon! Mark my words!

JGBO is a China Bull!

bigplay777