China Sky One Medical (CSKI)
Why don't the numbers agree?
In 2007 CSKI reported total sales of $49,000,000.
In 2008 CSKI reported total sales of $91,000,000.
100% of CSKI revenue is from subsidiaries.
CSKI owns 100% of American California Pharmaceutical Group (ACPG).
Chinese subsidiaries are owned through ACPG not directly by CSKI.
ACPG is a non-operating California Corp. and has no financial reporting obligations.
is responsible for the majority of CSKI reported revenue.
Harbin TDR is a regulated Chinese "FIE" and files annual audited financial statements.
2007 audited reports show
total sales for Harbin TDR of less than $2,000,000
2007 AJIR Report
Credit Report 1
Credit Report 2
CSKI's CFO identifies these 2 documents as "materially different" from SEC reports