Replies to post #7791 on Jiangbo Pharmaceuticals, Inc.(fka JGBO)

[BigGreen101]

You are correct. E&Y was a second independent auditing firm hired by JGBO to address the issues that the SEC had. However, E&Y could not get the information from JGBO to complete their audit in a timely manner. Moreover, they were also having trouble getting payed. Interesting thing was how E&Y finally got payed - piece meal and from an account that does not belong to JGBO.

There are lots of problems with JGBO IMO.

I bailed finally at $0.20. If JGBO was really interesting in staying with the NASDAQ, they would have. This is telling in and of itself.