Replies to post #6435 on Jiangbo Pharmaceuticals, Inc.(fka JGBO)

[herbieholt57]

Could it be that some of the accounting differences are that JGBO might have paid off some of $5m early for the Nov 30,2010 deb.to Pope? My thinking is that Pope is a bigger problem right now than we think, dont really know this though, just wondering out loud.

[herbieholt57]

Looking at the shares 1.14mil and now being 82500 my math tells me that is a little over 1mil shares being sold. With a avg daily vol of a little less that 20k, that leaves me to believe that Pope is the only one selling. Looking back over the year we have had only a couple of big trading days,assuming those were Pope days too. I like the fact that they are down to only 82500, dont think they can hurt the PPS with that amount, but one never knows.
More watching a waiting with my 6250 shares. An uplisting will help us out a lot too, and at that point who cares about the Pope deal. Remember the cash flow problem going out of China right now. This might play havac on the uplisting.