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Lotus Pharmaceuticals, Inc. Message Board

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  • sirola1 sirola1 Apr 9, 2010 10:24 AM Flag

    Investor Relations

    HEY JENKINS,

    Here is their response.

    Dear Mr. Byron,

    Your letter to Dr. Liu is forwarded to my attention.

    The Beijing building complex will be topped-out in July this year. Currently, 300 constructions workers are working in three shifts day and night. After July, we will work on the interior, and GMP certification. We hope to complete the entire work in December.

    For your future inquiry, plz feel free to email me.

    Many thanks for your support!

    Zen Yan
    CFO
    Lotus Pharmaceuticals, Inc.

    Hope this helps.

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    • Thanks for copy of the email!
      I am nibbling at Lotus, but am concerned about the 3 Price/earnings ratio. Chinese equity seems to trade @ 18 P/E.

      Also, the fact that LTUS traded @ $0.26 earlier this year indicates the speculative nature!
      I am also buying CSKI, a more established China pharma.

 
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