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Jiangbo Pharmaceuticals Reports Results for Third Quarter of Fiscal Year 2010
Date:5/17/2010

37,189 BASIC EARNINGS PER SHARE $ 1.33 $ 0.86 $ 2.07 $ 1.75 DILUTED WEIGHTED AVERAGE NUMBER OF SHARES 15,235,811 14,632,762 15,234,156 14,305,589 DILUTED EARNINGS PER SHARE $ 0.02 $ (1.49) $ 0.57 $ (0.86) JIANGBO PHARMACEUTICALS, INC. AND SUBSIDIARIES (FORMERLY KNOWN AS GENESIS PHARMACEUTICAL ENTERPRISES, INC.) CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY Common Stock Par Value $0.001 Capital Number Paid-in contribution of shares Amount capital receivable BALANCE, June 30, 2008 $9,767,844 $9,770 $45,554,513 $(11,000) Shares issued for adjustments for 1:40 reverse split 1,104 -- -- -- Cancellation of common stock for settlement @ $8 per share (2,500) (2) (19,998) -- Common stock issued for service @ $8 per share 2,500 2 19,998 -- Common stock issued for service @ $9 per share 2,500 2 22,498 -- Common stock issued to Hongrui @ $4.035 per share 643,651 643 2,596,488 -- Conversion of convertible debt to stock 20,000 20 159,980 -- Stock based compensation -- -- 64,315 -- Net income Adjustment to statutory reserve Change in fair value on restricted marketable equity securities -- -- -- -- Foreign currency tra
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SOURCE Jiangbo Pharmaceuticals, Inc.
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