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 Tracking 1053 U.S. listed China Stocks and Counting...
 Tracking 1536 U.S. Stocks and Counting...

The Company  is principally engaged in developing, manufacturing and distributing health and nutritional supplements in China, in compliance with Chinese requisite licenses and approvals. The Company also expands its business scope to develop, manufacture and distribute Chinese herbal extract products and GMP certified western prescriptive medicine through the acquisition with Tianfang by Heilongjiang Weikang.

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Mike105 05-Apr-2011 06:04 PM
Post Type: Public Public
Whitetiger, Sorry for taking so long to reply, but I do want to thank you for your deta (#8986) In Response to original message: #6277 posted by whitetiger on 14-Jan-2011 03:01 PM

Whitetiger,

Sorry for taking so long to reply, but I do want to thank you for your detailed response.

FWIW, I found the following which is taken from a post on IHUB, and which I thought was kind of interesting ...

WKBT will use the Proceeds to fund TV and print advertising campaigns for its products, and to open additional stores within its home base of Heilongjiang Province. Following the Offering, the Company’s organic growth plan is fully funded, and acquisition-led expansion will be financed predominately with internally-generated cash flow, along with the issuance of equity and use of local bank debt if necessary.   

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58756035&txt2find=dan|mcclory 

I wasn`t even aware that they owned any stores, and I do think it sounds encouraging if in fact they do fund any aquisitions primarily with operating cash flow.

I hope the Company`s management provides you with the information you requested regarding their financials.

Also, with regard to SAIC filings, I was wondering if at some point you would be looking into Weikang`s ... I believe you mentioned elsewhere that a FIE`s have to match its SAT & SEC filings?

This is the last of my holdings in this space, at least for the time being, so I`ll will be looking forward to whatever you might find.

Thanks again,

Mike

 

 

 

 

 

 

 

 

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