Replies to post #2307 on China BioPharma Corp (fka CHBO)

[siaubas]

Don, can you please explain how do you figure 75c target?
IMHO, company is definitely undervalued, but 75c? Maybe in several really successful years? Don't you think that $150mil valuation is "a bit" steep for a company with $1mil in revenues and 42 employees? Lest say we get $10mil this year, but still... We are also certain to get a lot more shares. At this point I think 10c would be absolutely amazing.
Nonetheless, it is nice to see some change in trend. Closed above 50 day MA. Barely =)