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Lotus Pharmaceuticals, Inc. Message Board

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  • sirola1 sirola1 Mar 31, 2010 10:53 PM Flag

    Can anyone explain the results in laymens terms?

    I'm a shareholder and I'm concerned. Revenues are down from last year. It appears the main is an increase in competition (see Revenue in revenue section). The pharm. biz has exploded in china over the last 2 to 3 years which means you have a lot more players coming in. I know they (CEO) said $150M in sales after full operaiton of new facility. I'm wondering if these projections have been supported by analysts who know this market better than me. just my 2 cents

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LTUS
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