BioPharm Asia, Inc (fka BFAR)

[VeryHolyGuy]

Here is what is really going on: I believe that the MM and the FINRA reviewed the form and the accompanying documents including the 10-K's and gave a verbal approval. I think the document just needs to be signed to make if an official filing. BFAR doesn't want to proceed just yet as they are going to wait till next year so they wont have to file 10-Q's for the last 3 quarters but rather a 10-K for 2010, 2011, and 2012 all at the same time. This is the most efficient way in order to save undue fees.

So in essence, as I have stated before, it would make more sense to file everything together in order to save money and undue 10-Q paperwork.

I would not even think that this company is going to stab themselves in the heart by putting out falsified pr's, as common sense would tell me. Why? First they have a boat load of shares and the shares that were sold in the past was when the stock was trading above 20 cents which was from March to May of 2011, knowing that it would take a long time before they get relisted.

Last, as you pointed out, we haven't seen massive dumping, which tells me that they are wisely holding till they are relisted and the 10-K's are filed.

See chart.

http://finance.yahoo.com/echarts?s=BFAR+Interactive#symbol=bfar;range=20101220,20110524;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;