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China Jo-Jo Drugstores Inc CJJD

China Jo-Jo Drugstores Inc, formerly China Jo-Jo Drugstores Holdings Inc, is a China-based retailer and distributor of pharmaceutical and other healthcare products. The Company operates in four business segments. The Retail Drugstores segment sells prescription and over the counter (OTC) medicines, traditional Chinese medicine (TCM), dietary supplements, medical devices, and sundry items to retail customers. The Online Pharmacy segment sells OTC drugs, dietary supplements, medical devices and sundry items through its own and third-party platforms. The Wholesale Business segment includes supplying the Company's own retail drugstores and selling them to other drug vendors and hospitals. The Farming and Selling Herbs segment cultivates selected herbs for sales to other drug vendors.


NDAQ:CJJD - Post by User

Post by Iseneschalon Apr 19, 2023 10:55am
98 Views
Post# 35402946

CJJD.....After looking at those Financials

CJJD.....After looking at those FinancialsSomething isn't sitting right with me......There was only 3.5 million shares o/s

There was a P.O Prospectus filed in late January and then made effective 2 days later......Now the announcement says its terminated and the stock price soars and the volume increases dramatically to 84 million shares traded

I'm going to say that they didn't have their "ducks in order" for that canceled financing..... this volume your seeing today is a set up for a future financing

There is no other reason.....this is BS!!!!!!!!!!!!!!!!!!!!!!!!!!!
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