China Biologic Products, Inc. (CBPO)

[invest_dd]

I was trying to get some feedback on my research on this company. Any one listened to previous conference calls or has knowldge cares to comment?

This following is my re-post from Yahoo MB:

I have been doing some research on this company recently. Everything looks fine except for the legal issues between the former majority shareholder of Taibang, Mr. Du, and the company.

Based on my research on the news and documents available (in Chinese), it seems that 1). the money invested in the company by Logic express was illegally obtained; 2). The two owners of Logic express are the wives of two excutives of the company; 3). Mr. Lam, the CEO of Taibang, was a convicted criminal who changed his ID; 4). possible loss of ownership of Taibang and confiscation of illegally obtained initial investment in the company.

In the worst case senario, the common shareholders could lose everthing.

Any comments are welcome. If you can read Chinese, here is one link you can start with (http://blog.163.com/jwfldj@126/blog/).