China-Biotics, Inc. (CHBT)

[surf1944]

3:32PM China-Biotics provides update; confirms NASDAQ requested certain information (CHBT) 3.46 : Co affirmed that NASDAQ halted trading in its common stock shortly after the co filed for an extension of time to file with the SEC its Annual Report on Form 10-K. NASDAQ has requested certain information and explanations relating to delay in filing the Form 10-K. Co is working to provide the information and explanations that have been requested as promptly as practicable so that it may permit the resumption of trading of its common stock. Once such information and explanations are provided to NASDAQ, NASDAQ may request further information. Co cannot predict when or if NASDAQ will be satisfied with its responses to this inquiry, or when or if NASDAQ will permit resumption of trading of its common stock. (stock remains halted)