Jiangbo Pharmaceuticals, Inc.(fka JGBO)

[996]

Eric, here is a link so you can see what JGBO made in Q4 of fiscal year 2008: 44 million, net income almost 13 million. If we assume the last Q4 is going to be just as good and we add that to the Q1, Q2, Q3 of fiscal year 2009, that makes great numbers!

Net income:
Q1 3,1 million
Q2 5,4
Q3 8,9
Q4 12,8 (assumption)

total : 30,2 milion

Divided by roughly 11 million shares and multiplied with a PE of 10, that makes a shareprice of $27.45 (non-diluted) or if we use a PE of 15: $41.18

Nice to daydream...