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Tracking 1136 U.S. listed China Stocks and Counting...
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Tianyin Pharmaceuticals Co (NYSE AMEX:TPI)
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Friday, June 6, 2008
An aggregate of
2,410,283
shares of Common Stock were put into escrow for the benefit of the Investors in the event we fail to achieve certain net income levels for
2008
and
2009
.:
Financial Targets: ( Year ends in June)
(i)
2008
- The Company is projecting Reported Net Income of not less than
$5.6 million
or Fully-Diluted EPS of not less than
$0.16
per share.
(ii)
2009
-
The Company is projecting Reported Net Income of not less than
$7.2 million
or Fully-Diluted EPS of not less than
$0.20
per share.
Source Form 8K (January 28, 2008)
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Traditional Chinese Medicine
Pharma
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tianyinpharma...