Jiangbo Pharmaceuticals, Inc.(fka JGBO)

[996]

Hi BigGreen101, my guess is that we will be reading news within a month.

That is based on this post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41981008
and this one:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41982778

There is aways a little bit of uncertainty. I haven't heard the conference call myself and think it is a little strange they didn't mention it there ?! But then again someone on this board gave a plausible explanation: they aren't allowed to mention that they have submitted their application. Just to make sure hat a company can't use that in a pump and dump operation.

Something else that came across my mind:
If all the possible shares and warrants of the financing deals came in to the float, total outstanding would be something about 17 Million shares. Pope may not hold more then 9.99% of the outstanding shares. So they have to sell and others will buy these shares. Is it possible that Pope and Mr. Cao then wouldn't have a majority together with Qiao Pengju anymore? Together those 3 own about 7 Million shares (See page 69 of the last 10-K), that is more than 50% now, but if the oustanding shares go up to 17 Million that is far less than 50%. What to think of that?

Other things that strikes me:
Wang Renhui sold all his/her 600k+ shares to Qiao Pengju?
Ardsley held 1.2 Million shares if I read correct in the 10-K filing from 2008 and has sold everything? They aren't mentioned on page 69 of the 10-K on FY 2009.