Lotus Pharmaceuticals Inc (LTUS)

[derf1]

On paper this has to be the best buy in the market today. At a price of .49 cents, that gives you a PE ratio of 1.1 to 1. One would expect that earnings will rise significantly once the new office building is completed. Currently, the market cap at .49 is $13 million and the Stockholders Equity is $97 million. I realize that this is a China Company and many have been burnt in China stocks. However, Lotus financials have been audited. How far off can they be? Does anyone know of another company with earnings, a PE ratio of 1.1 to 1, and selling for 1/7th of its Stockholders Equity?