Sunday, February 21, 2010 1:21:29 PM
Here the filing they own 119k shares on Dec. 31st
www.sec.gov
And here is the official filing that they owned 82.5k shares on 31st Sept 2009. Satisfied now
You are right on the treshold (exact treshold is 9.99%)
I don't know what a secondary means exactly, I think you mean they sell their whole bunch of Jiangbo-shares to another investor?
I hope the CC will bring more clarity on things and they will give extensive updates on their business outlook and guidance.
@BigGreen: don't forget this is the transitional year. Growth is not their main target for 2010. There are other targets that are more urgent: uplisting, getting new drugs out, making an acquisition. I do think growth will come in 2011 and further. Maybe even the last 2 quarters of FY 2010 will show growth, who knows. As always: time will tell. Keep us updated on your exit strategy.
www.sec.gov
And here is the official filing that they owned 82.5k shares on 31st Sept 2009. Satisfied now
You are right on the treshold (exact treshold is 9.99%)
I don't know what a secondary means exactly, I think you mean they sell their whole bunch of Jiangbo-shares to another investor?
I hope the CC will bring more clarity on things and they will give extensive updates on their business outlook and guidance.
@BigGreen: don't forget this is the transitional year. Growth is not their main target for 2010. There are other targets that are more urgent: uplisting, getting new drugs out, making an acquisition. I do think growth will come in 2011 and further. Maybe even the last 2 quarters of FY 2010 will show growth, who knows. As always: time will tell. Keep us updated on your exit strategy.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
