Cellular Biomedicine Group Inc (CBMG)

[Aitkenresearch]

Focus Media goes private.

With the news of Focus media going private, look for more chinese companies to follow the same path. Companies like private equity firms kkr. Its ironic with Eastbridge we are looking to take companies public. I would think some of those education companies over in china would be targets for some private equity firms.

I think the perception would be very different if ebig had some ipo's all ready public, then waiting on other chinese companies for a better market would be o.k with the intrinist value of pre-ipo shares going up as we wait.

Its this business model that is still under question for ebig.
I think if ebig has enough cash to keep going that wiei will be dtc approved, then ebig can have a timeline more accurate for other ipo listings.

Other interesting news is that manu (manchester) just went ipo in the U.S after trying to go public in hong kong!