China Kangtai Cactus Bio-Tech Inc (fka CKGT)

[StevenRisk]

Guys take a chill pill. Take a look at CBPO which has been touted on the ECSC. Identical situation as they uplisted on 12/14/09 and currently $12+ They have great earnings Q3 and after the GAAP reporting a loss. This happens all the time where they write-off one time deals. If you read financials which you obviously do you too, will understand this happens to most companies within any prior 4 year results. This can be for obsolete inventory, overpaying for a business(goodwill) and many other situations. This just happens to be warrants and preferred shares. The key is to focus on the dilution and this was handled better than most fast growing companies. What they have ultimately done is expose their intentions of an uplisting. Do as you please but I added more just a little to early. Something has canged IMO and that is an uplisting. Start checking all the uplisted Chinese Microcaps and the picture becomes clearer...much clearer. Will it go down on Monday? Probably as the herd reacts without understanding. Have a great Holiday!