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 Tracking 1027 U.S. listed China Stocks and Counting...
 Tracking 1320 U.S. Stocks and Counting...

Huifeng Bio-Pharmaceutical Technology, Inc., located in Xi'an, People's Republic of China, develops and produces plant extracts and pharmaceutical raw materials for use in pharmaceutical, nutraceutical and food production. It is the leading Chinese producer of rutin and related plant-derived chemicals in a class called flavonoids, with medicinal and other beneficial properties. Founded in 2002, Huifeng uses proprietary patented processes to extract rutin more efficiently than traditional extraction techniques. The Company is diversifying its product lines through internal development, acquisition and cooperation with scientific research organizations.

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Sticky6698 Addfavorites HFGB
 

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Public4350 Addfavorites HFGB
Anya Info  (6)
 

Although there is an incentive to uplist by June 2011, the current share price would be a road block since there has not been any talk of reverse split. This is from last 10Q.

 "On June 30, 2010, the Company and Jing’an Wang, the Company’s Chief Executive Officer, on the one hand, and the Investors and Sullivan & Worcester LLP, the escrow agent, on the other hand, entered into a Settlement Agreement and Release, pursuant to which the parties agreed to release 900,000 shares of the Company’s common stock from the escrow pro rata to the Investors on the date of the Settlement Agreement and Release.  The remaining 500,000 shares of the Company’s common stock shall remain in escrow and shall be returned to Jing’an Wang if (i) the Company obtains financing in the aggregate amount of at least $3,000,000 by December 31, 2010; and (ii) the Company completes the listing of its common stock for trading on any major securities exchange within twelve (12) months from the date of the Settlement Agreement and Release.  If the foregoing conditions are not met, the remaining 500,000 shares will be released to the investors" 

Public2514 Addfavorites HFGB
 

Yes.  Could get interesting soon. I am still attempting to get a read on EPS comps going through 2010 and seasonality. The 2010 guidance is nice but when you break it down by qtr i think we may have some snags. Also,i believe guidance depends on raising capital.

Public2507 Addfavorites HFGB
 

According to their press release just issued, they want to uplist in 2010!

Should attract bigger investors.

Public2486 Addfavorites HFGB
 
If they continue in 2010, this would mean forward P/E of 3!!
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