DISCONTINUED OPERATIONS

9 Months Ended

Sep. 30, 2011

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

NOTE 4 – DISCONTINUED OPERATIONS

On July 31, 2008, the Company acquired 51 percent of the outstanding capital interest of Bio-Bridge Xinheng Baide Biotechnology Co., Ltd. (“Bio-Bridge XBB”). On December 11, 2010, we completed the sale of the 51 percent interest in Bio-Bridge XBB. The following table summarizes certain selected components of discontinued operations for the disposed Bio-Bridge XBB for the three and nine months ended September 30, 2010:

	3 Months Ended September 30, 2010			9 Months Ended September 30, 2010
Revenue	$	75,734		$	234,669

Loss from discontinued operations		(15,117	)		(88,611	)
Loss attributable to noncontrolling interests		7,017			46,471
Loss from discontinued operations applicable to Bio-Bridge Science, Inc.	$	(81,00	)	$	(42,140	)

Loss per share from discontinued operations – Basic and Diluted	$	(0.00	)	$	(0.00	)

During the first quarter 2011, we received payment of $39,231 receivable from the sale of Bio-Bridge XBB. As of September 30, 2011, $114,856 due June 2011 from the sale of Bio-Bridge XBB had not been collected and the Company expects to receive this by the end of the fourth quarter 2011.

- Definition

The entire disclosure for the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations).

+ References

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+ Details

BIO BRIDGE SCIENCE INC 10-Q