China-Biotics, Inc. (CHBT)

[viking86]

not sure, I thought that's what I heard them say in the Q&A but the audio was not very clear and my hearing is not the best, sorry. I would wait for the transcript on this. The original guidance was indeed 100mt by Mar'11.

Concerning the GAAP eps = non GAAP eps= 0.39, I am waiting to hear more from experienced ppl on the CGS board I have PM'ed to on the matter. On the Yahoo board there is a debate going on b/w Jason Nevader (who defends the Company's #) and other ppl thinking it is impossible for GAAP=non GAAP eps considering there is a 9MM gain from derivative conversion that should be added to GAAP eps. I was also expecting GAAP eps to come in at least 30c more than non-GAAP. I dunno who is right.