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

nslation gain BALANCE, June 30, 2009 $10,435,099 $10,435 $48,397,794 $(11,000) Cumulative effect of reclassification of warrants -- -- (34,971,570) -- BALANCE, July 1, 2009 as adjusted 10,435,099 10,435 13,426,224 (11,000) Common stock issued for payment for other payable-related party @ $8.75 per share 2,286 2 19,998 -- Common stock issued for services @ $8.75 per share 1,143 1 9,999 -- Common stock issued for services @ $9.91 per share 1,009 1 9,999 -- Common stock issued for interest payment @ $8 per share 84,015 85 990,968 -- Conversion of convertible debt to stock 951,250 951 7,609,049 -- Reclassification of derivative liabilities to APIC due to conversion of convertible debt -- -- 6,287,408 -- Stock based compensation -- -- 135,104 -- Net income Change in fair value on restricted marketable equity securities Foreign currency translation gain -- -- -- -- BALANCE, March 31, 2010 (Unaudited) 11,474,802 11,475 28,488,749 (11,000) Accumulated Retained Earnings other Statutory Unrestricted comprehensive reserves earnings income Totals BALANCE, June 30, 2008 $3,253,878 $39,008,403 $7,700,905 $95,516,469 Shares iss
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SOURCE Jiangbo Pharmaceuticals, Inc.
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