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Neostem, Inc. Message Board

  • jffle120 jffle120 Jul 15, 2012 12:32 PM Flag

    If you new to NBS and curious about the previous earnings

    You need to look at the below article and do some more dd. Most of the figures are from the previous earning statements are prior to their liquidation of the 51% stake in the chinese company, the majority of the expenses incurred was from this chinese company. This liquidation has eliminated 37mill in debt and giving NBS another 12mil in cash to operate on and now they can move forward focusing on what really matters. The upcoming earnings will improve drastically without the chinese company in it. This was the reason why NBS jumped from .41 to what it is now, some of you investors need to catch up. This stock should be over $1 and beyond in the near term. Good luck.

 
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