Replies to post #1332 on China BioPharma Corp (fka CHBO)

[RobIsabelle]

He didn't say THIS Christmas :-)

[DonLeopoldo]

I don't have a cristal ball, BUT I THINK CBPC will make a x25 Bagger or so, up to $0.75 by Christmas.

If we are trading at 0.50 by Christmas, you can blame me, and I will wait a bit more, till we pass the $0.7 level, and then I'll evaluate the 'fundamentals' of the company, and decide if I sell or not.

If the remaining CD's get converted, and we're told how many revenues we're going to have in the 4th quarter, expecting them to be lower than $10M, but we need to know the numbers.

If we get a 50% cut off the projected $10M revenues, which is a great cut, that would be $5M in revenues, which would be 400% of last years Revenues, when the stock was trading at 0.30-0.40 with some 90M O/S.

x4 the Revenue
x2 the O/S

($0.35x4)/2= $0.6 to $0.80


I think the Revenues can be not lower than $5M for the year.


Look at what happened with PLRS, last year, after the CD conversions were terminated;... the stock went very fast all the way up to more than a x2 of the Warrants conversion Price, which in CBPC is at 0.30-0.40.
So, considering a similar pattern, in CBPC, we should see a fast climb to above $0.60-$0.80.






imho