Replies to post #3349 on Jiangbo Pharmaceuticals, Inc.(fka JGBO)

[carl_52fl]

Here's the first paragraph, which I found from the Oct. 2nd SEC filing.
"
WHEREAS, subsequent to the date hereof, and after the Closing Date, Greenview Capital shall transfer into escrow with GTEC, and GTEC will hold in escrow all shares of GTEC Common Stock received pursuant to this Agreement for the benefit of Greenview Capital which would constitute 2% of the outstanding GTEC Common Stock on the Closing Date (“Financing Transaction”) and such shares would be released after such placement agent assists GTEC in raising $30 million in equity financing after the Closing;
"

I'll start checking a few other places, because I do recall that the 2% of the outstanding shares at the time of this agreement was 8M shares and this 2% came out of the Chinese officer's portion of the shares, which means this 2% does not dilute the shares.