Replies to post #1624 on Biostar Pharmaceuticals, Inc. (BSPM)

[finesand]

Re: Ownership Reorg – A Clean Restart

Fixed and aligned new owner name to Liao Huiping (Mandarin translation, surname Liao first). Few details were edited and added.

All we can say is: Go Liao Huiping, make BSPM functioning again

- CEO Wang’s Debt payed off, Company’s assets freed, no liens nor litigation
- Liao Huiping takes controlling stake into Company from Mr Wang
- Liao Huiping seeks to remove Mr Wang from BOD Chairman position
- Liao Huiping seeks to reshape overall BOD, essentially taking full control
- Liao Huiping seeks to implement new business plans

https://finesand.wordpress.com/2018/07/02/biostar-pharmaceuticals-bspms-ownership-reorg-a-clean-restart/

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On 2018-07-05 we are 17 calendar days or 12 business days after the 60 day deadline on 2018-06-18, hence we may deduce that a plan has been accepted by NASDAQ.
...
BOD Liao Huiping’s ownership takeover on 2017-06-04, cleaning CEO Wang’s debt and therefor freeing all of Company’s’ assets before the private transaction, signals a good standing with NASDAQ and SEC. Consequently we shall expect the 10-K/Q filings rather sooner than later.

https://finesand.wordpress.com/2018/06/26/biostar-pharmaceuticalss-bspm-pivot-value-play/