Pope Asset Management as of Dec. 31, 2011

                {C} {C}

FORM 13F INFORMATION TABLE VOTING AUTHORITY

NAME OF ISSUER TITLE OF CLASS CUSIP VALUE (x$1000) SHARES/PRN AMT SH/PRN
 PUT/CALL INVSTMT DSCRETN OTHER MNGRS SOLE SHARED NONE

Benda Pharmaceuticals Inc Common 08165P108 491 22337998 SH Sole 22337998 0

Chevrontexaco Corp Common 166764100 255 2400 SH Sole 2400 0

China Housing and Land Develop Common 16939V103 4073 4072544 SH Sole 4072544
 0

China Housing and Land Develop Common 16939V103 1253 1253158 SH Other 01 0
1253158

China Pharma Hldgs Inc Com Common 16941T104 1420 2119946 SH Sole 2119946 0

China Pharma Hldgs Inc Com Common 16941T104 204 305191 SH Other 01 0 305191

China Ritar Power Corp Common 169423100 5110 6636145 SH Sole 6636145 0

China Ritar Power Corp Common 169423100 414 537849 SH Other 01 0 537849

China Sky One Med Inc Com Common 16941P102 1153 1164422 SH Sole 1164422 0

China Yida Hldg Co Com New Common 16945D204 6371 3335413 SH Sole 3335413 0

China Yida Hldg Co Com New Common 16945D204 355 185997 SH Other 01 0 185997

Conocophillips Nfs Llc Is Common 20825C104 14460 198431 SH Sole 198431 0

Conocophillips Nfs Llc Is Common 20825C104 3254 44652 SH Other 01 0 44652

Exxon Mobil Corporation Common 30231G102 297 3500 SH Sole 3500 0

Fushi Intl Inc Com Common 36113C101 1504 199947 SH Sole 199947 0

Fushi Intl Inc Com Common 36113C101 588 78153 SH Other 01 0 78153

Jiangbo Pharmaceuticals Inc Common 47737R101 97 744696 SH Sole 744696 0

Liandi Clean Technology Inc Co Common 52989W105 2567 1316406 SH Sole 1316406
0

Murphy Oil Corp Common 626717102 446 8000 SH Sole 8000 0

Shengtai Pharmaceutical Inc Common 823214200 1854 1782471 SH Sole 1782471 0

Tianyin Pharmaceutical Co Inc Common 88630M104 2368 4013591 SH Sole 4013591 0

Tianyin Pharmaceutical Co Inc Common 88630M104 278 470340 SH Other 01 0 470340

Total Fina SA ADR Common 89151E109 5812 113723 SH Sole 113723 0

Total Fina SA ADR Common 89151E109 496 9700 SH Other 01 0 9700