Jiangbo Pharmaceuticals, Inc.(fka JGBO)

[996]

As for uplisting it may take some more time than I had hoped for, but I really can't imagine that is will be much later than Feb/March 2010. I can surely wait that long.

For GAAP and non-GAAP earnings to become the same number: unfortunately those days are still far away, that will only be the case after the warrants/loans have been converted. That could take up to 3 years or so.
But if we get to Nasdaq, institutional buyers will come in and they know how too look pass that "derivatives crap". So I think that once we are going to Nasdaq Jiangbo's shares will be trading > $ 20 at least.

By the way I really don't understand why they had to get these loans: 35 million, it only takes them 2 quarters to generate that amount of cash themselves!!