Yeah. In December, they spent $26.3 million for land use rights in Outer Mongolia. Then they say they'll have to spend an additional $58.5 million to develop the new facility. Thats $85 million...in friggin Outer Mongolia.
Now they're paying $8,000,000 to buy the intellectual property rights for this drug. So this company is spending a hundred million dollars. As of 9/30,. they had $2.6 million in cash on the books.
...and btw. I'm sure they'll have great earnings. They always do. Question is, will anyone believe them?