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Lotus Pharmaceuticals, Inc. Announces Certain Clarification to its Annual Report on Form 10-K for the year ended December 31, 2008 and Quarterly Report for the Quarter ended June 30, 2009.

Publication: PR Newswire
Publication Date: 05-NOV-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
BEIJING, Nov. 5 /PRNewswire-Asia-FirstCall/ -- Lotus Pharmaceuticals, Inc. (BULLETIN BOARD: LTUS) ("Lotus" or the "Company") a growing developer and producer of prescriptions drugs and licensed national seller of pharmaceutical products in the People's Republic of China, today announced correction to be made on its annual and quarterly filings with the SEC.

Lotus Pharmaceuticals, Inc., and its US subsidiary, together with its wholly-owned foreign enterprise registered in Beijing ("Lotus Holding") have a set of contractual agreements with two operating entities...

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