AMERICAN ORIENTL BIO (NASDAQOTH:AOBI)
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The Company, together with its wholly owned subsidiaries, is a pharmaceutical and Traditional Chinese Medicine company which develops, manufactures and commercializes both plant-based pharmaceutical and plant-based nutraceutical products.
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99.99 percent of Chinese RTO's are frauds. I'm being conservative when I say 99.99 percent, its most likely 100 percent. The only thing these companies are good at is extracting cash from American investors.Here is a great article published on gurufocus.com about Chinese RTO's:http://www.gurufocus.com/news/130207/confessions-of-a-chinese-rto-investor
It's quite interesting how people tend to use word "conservative" when they overstating ...
This is heart broken stock just like China Sky One. NEVER INVEST IN Chinese stock ever..
The company was delisted on 05/31 and stock ticker change to AOBI. My investment is almost equal zero now..