China Medicine Corporation (CHME)

[GorillaGorilla]

Yeah, I was scratching my head over that... they aren't expecting that much revenue increase this year but were targeting margin expansion through focusing on their products with little competition.

During the CC...

In Nov 09 they integrated Life-techs products into CHME's distribution channel. Managing of Sales $2.2 M. So, they could do 2 M in business in around 2 months. Not bad.

Lifetech $6 - 8M revenue 40% gross margin - limited production (think, should check that again)

They also claim that lack of working capital affected Q4 (which they had announced previously in PR) So, I'm hoping they can get some more traction this year. Hm...

rich