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      FORM S-8 REGISTRATION STATEMENT
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    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>SECURITIES
      AND EXCHANGE COMMISSION</strong></font></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Washington,
      D.C. 20549</strong></font></div>
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    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>FORM
      S-8</strong></font></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>REGISTRATION
      STATEMENT</strong></font></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Under</strong></font></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>THE
      SECURITIES ACT OF 1933</strong></font></div>
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              <div>&#160;</div>
              <div>&#160;</div>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>SKYSTAR
                BIO-PHARMACEUTICAL COMPANY</strong></font></div>
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              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Exact
                name of registrant as specified in its
                charter)</font></div>
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              <td valign="top" width="45%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Nevada</strong></font></div>
              </td>
              <td align="left" valign="top" width="10%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="45%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>33-0901534</strong></font></div>
              </td>
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              <td align="left" valign="top" width="45%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(State
                  or other jurisdiction of </font></div>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">incorporation
                  or organization)</font></div>
              </td>
              <td align="left" valign="top" width="10%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td align="left" valign="top" width="45%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(I.R.S.
                  Employer Identification No.)</font></div>
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                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Rm.
                  10601, Jiezuo Plaza</strong></font></div>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>No.4,
                  Fenghui Road South, </strong></font></div>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Gaoxin
                  District, Xian Province, P.R. China</strong></font></div>
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                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="bottom" width="45%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>N/A</strong></font></div>
              </td>
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                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Address
                  of principal executive offices)</font></div>
              </td>
              <td align="left" valign="top" width="10%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              </td>
              <td valign="top" width="45%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Zip
                  Code)</font></div>
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      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.1; MARGIN-RIGHT: 0pt" align="center"><br></div>
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                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>2006
                  Consultant Stock Plan</strong></font></div>
              </td>
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                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Full
                  title of the plan)</font></div>
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      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.1; MARGIN-RIGHT: 0pt" align="center"><br></div>
      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">
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                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Steve
                  Zhu, Esq.</strong></font></div>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>AllBright
                  Law Offices</strong></font></div>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><strong><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Citigroup
                  Tower, 14</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><sup>th</sup></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
                  Floor</font></strong></div>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>No.
                  33, Hua Yuan Shi Qiao Road</strong></font></div>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Shanghai,
                  P.R. China 200120</strong></font></div>
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              <td valign="top" width="48%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Name
                  and address of agent for service)</font></div>
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      </div>
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                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>852-2591-1221</strong></font></div>
              </td>
            </tr>
            <tr>
              <td valign="top" width="48%">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Telephone
                  number, including area code, of agent for
                  service)</font></div>
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      </div>
    </div>
    <div style="LINE-HEIGHT: 1.1"><br></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.1; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">copies
      to:</font></div>
    <div style="LINE-HEIGHT: 1.1"><br></div>
    <div style="LINE-HEIGHT: 1.1">
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              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.1; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Kevin
                Leung, Esq.</strong></font></div>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Richardson
                &amp; Patel LLP</strong></font></div>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>10900
                Wilshire Blvd. Suite 500</strong></font></div>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Los
                Angeles, CA 90024</strong></font></div>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>310-208-1182</strong></font></div>
            </td>
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    </div>
    <div>&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>CALCULATION
      OF REGISTRATION FEE</strong></font><br></div>
    <div align="left">
      <table border="1" bordercolor="silver" cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="bottom" width="15%" style="border-bottom: silver thin solid;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.1; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Title
                of Securities to </strong></font></div>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>be
                registered</strong></font></div>
            </td>
            <td valign="bottom" width="15%" style="border-bottom: silver thin solid;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Amount
                to be </strong></font></div>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>registered
                <sup>(1)</sup></strong></font></div>
            </td>
            <td valign="bottom" width="15%" style="border-bottom: silver thin solid;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Proposed
                maximum </strong></font></div>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>offering
                price per </strong></font></div>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>share
                <sup>(2)</sup></strong></font></div>
            </td>
            <td valign="bottom" width="15%" style="border-bottom: silver thin solid;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Proposed
                maximum </strong></font></div>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>aggregate
                offering </strong></font></div>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>price
                <sup>(2)</sup></strong></font></div>
            </td>
            <td valign="bottom" width="15%" style="border-bottom: silver thin solid;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Amount
                of </strong></font></div>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.2; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>registration
                fee</strong></font></div>
            </td>
          </tr>
          <tr style="line-height: 1.1;">
            <td align="left" valign="top" width="15%" style="border-bottom: silver thin solid;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
            </td>
            <td align="left" valign="top" width="15%" style="border-bottom: silver thin solid;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
            </td>
            <td align="left" valign="top" width="15%" style="border-bottom: silver thin solid;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
            </td>
            <td align="left" valign="top" width="15%" style="border-bottom: silver thin solid;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
            </td>
            <td align="left" valign="top" width="15%" style="border-bottom: silver thin solid;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="15%" style="border-bottom: silver thin solid;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.1; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Common
                Stock</font></div>
            </td>
            <td valign="top" width="15%" style="border-bottom: silver thin solid;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.1; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1,199,648</font></div>
            </td>
            <td valign="top" width="15%" style="border-bottom: silver thin solid;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.1; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$1.88</font></div>
            </td>
            <td valign="top" width="15%" style="border-bottom: silver thin solid;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.1; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$2,255,338.20</font></div>
            </td>
            <td valign="top" width="15%" style="border-bottom: silver thin solid;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.1; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$241.32</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(1)
      Includes an indeterminate number of additional shares that may be issued to
      adjust the number of shares issued pursuant to the stock plan described herein
      as the result of any future stock split, stock dividend or similar adjustment
      of
      the registrant&#8217;s outstanding common stock.</font></div>
    <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(2)
      Estimated pursuant to Rule 457(h) solely for purposes of calculating amount
      of
      registration fee, based upon the average of the high and low prices reported
      on
      February 21, 2006, as reported on the OTC Electronic Bulletin
      Board.</font></div>
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    </div>
    <div><br></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>PART
      II</strong></font></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>INFORMATION
      REQUIRED IN THE REGISTRATION STATEMENT</strong></font></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

          <tr valign="top" style="line-height: 1.25;">
            <td align="left" style="width: 40pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Item
              3.</strong></font></td>
            <td align="left">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Incorporation
                of Documents by Reference.</strong></font></div>
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    </div>
    <div>&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Skystar
      Bio-Pharmaceutical Company (the &#8220;Company&#8221;) hereby incorporates by reference into
      this registration statement the following documents previously filed with the
      Securities and Exchange Commission (the &#8220;Commission&#8221;):</font></div>
    <div>&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a)
      </font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 26pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Annual Report for the fiscal year ended December 31, 2004, filed by the Company
      with the Commission on Form 10KSB on May 20, 2005, which contains audited
      consolidated financial statements for the Company&#8217;s most recent annual report
      for which such statements have been filed.</font></div>
    <div>&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)
      </font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 26pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Quarterly Reports for the quarters ended March 31, 2005, June 30, 2005 and
      September 30, 2005 filed by the Company with the Commission on Form 10-QSB
      on
      June 20, 2005, September 6, 2005, and December 1, 2005, respectively. The
      Current Reports filed by the Company with the Commission on Form 8-K on
      September 26, 2005, October 20, 2005, November 14, 2005, January 19, 2006,
      January 23, 2006, as amended on January 27, 2006, and February 27,
      2006.</font></div>
    <div>&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(c)
      </font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 26pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      description of the Company&#8217;s common stock included in the registration statement
      on Form 10-SB, file no. 333-81942, filed with the Commission on November 16,
      1999, including any amendments or reports filed for the purpose of updating
      that
      description.</font></div>
    <div>&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(d)
      </font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 26pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
      addition, all documents subsequently filed by the Company pursuant to Sections
      13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934, as amended
      (the &#8220;Exchange Act&#8221;), prior to the filing of a post-effective amendment which
      indicates that all securities offered have been sold or which deregisters all
      securities then remaining unsold, shall be deemed to be incorporated by
      reference into this registration statement and to be a part hereof from the
      date
      of filing of such documents.</font></div>
    <div><br></div>
    <div><br></div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

          <tr valign="top" style="line-height: 1.25;">
            <td align="left" style="width: 40pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Item
              4.</strong></font></td>
            <td align="left">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Description
                of Securities.</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Not
      applicable. The class of securities to be offered is registered under Section
      12
      of the Exchange Act.</font></div>
    <div><br></div>
    <div><br></div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

          <tr valign="top" style="line-height: 1.25;">
            <td align="left" style="width: 40pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Item
              5.</strong></font></td>
            <td align="left">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Interests
                of Named Experts and
                Counsel.</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Richardson
      &amp; Patel LLP has given an opinion on the validity of the securities being
      registered hereunder. Erick Richardson and Nimish Patel, partners of the law
      firm, are eligible to receive shares of the Company&#8217;s common stock pursuant to
      this Form S-8 registration statement. </font></div>
    <div><br></div>
    <div><br></div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

          <tr valign="top" style="line-height: 1.25;">
            <td align="left" style="width: 40pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Item
              6.</strong></font></td>
            <td align="left">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Indemnification
                of Directors and Officers.</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Section
      78.7502 of the Nevada Revised Statutes provides that we may indemnify any person
      who was or is a party, or is threatened to be made a party, to any action,
      suit
      or proceeding brought by reason of the fact that he is or was a director,
      officer, employee or agent of the corporation, or is or was serving at the
      request of the corporation as a director, officer, employee or agent of another
      corporation or other entity. The expenses that are subject to this indemnity
      include attorneys&#8217; fees, judgments, fines and amounts paid </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">in
      settlement actually and reasonably incurred by the indemnified party in
      connection with the action, suit or proceeding. In order for us to provide
      this
      statutory indemnity, the indemnified party must not be liable under Nevada
      Revised Statutes section 78.138 or must have acted in good faith and in a manner
      he reasonably believed to be in, or not opposed to, the best interests of the
      corporation. With respect to a criminal action or proceeding, the indemnified
      party must have had no reasonable cause to believe his conduct was
      unlawful.</font><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Section
      78.7502 also provides that we may indemnify any person who was or is a party,
      or
      is threatened to be made a party, to any action or suit brought by or on behalf
      of the corporation by reason of the fact that he is or was serving at the
      request of the corporation as a director, officer, employee or agent of the
      corporation, or is or was serving at the request of the corporation as a
      director, officer, employee or agent of another corporation or other entity
      against expenses actually or reasonably incurred by him in connection with
      the
      defense or settlement of such action or suit if he is not liable under Nevada
      Revised Statutes section 78.138 of if he acted in good faith and in a manner
      he
      reasonably believed to be in or not opposed to the best interests of the
      corporation. We may not indemnify a person if the person is adjudged by a court
      of competent jurisdiction, after exhaustion of all appeals therefrom, to be
      liable to the corporation, or for amounts paid in settlement to the corporation,
      unless and only to the extent that the court in which such action or suit was
      brought or another court of competent jurisdiction shall determine upon
      application that, despite the adjudication of liability but in view of all
      the
      circumstances of the case, the person is fairly and reasonably entitled to
      indemnity.</font></div>
    <div><br></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Section
      78.7502 requires us to indemnify our directors or officers against expenses,
      including attorneys&#8217; fees, actually and reasonably incurred by him in connection
      with his defense, if he has been successful on the merits or otherwise in
      defense of any action, suit or proceeding, or in defense of any claim, issue
      or
      matter.</font></div>
    <div><br></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Company&#8217;s Articles of Incorporation provides the following with respect to
      liability: </font></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><br></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">"A
      director or officer of the corporation shall not be personally liable to this
      corporation or its stockholders for damages for breach of fiduciary duty as
      a
      director or officer, but this Article shall not eliminate or limit the liability
      of a director or officer for (i) acts or omissions which involve intentional
      misconduct, fraud or a knowing violation of the law or (ii) the unlawful payment
      of dividends. Any repeal or modification of this Article by stockholders of
      the
      corporation shall be prospective only, and shall not adversely affect any
      limitation on the personal liability of a director or officer of the corporation
      for acts or omissions prior to such repeal or modification."</font></div>
    <div><br></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Company&#8217;s Articles of Incorporation provide the following with respect to
      indemnification:</font></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><br></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#8220;Every
      person who was or is a party to, or is threatened to be made a party to, or
      is
      involved in any such action, suit or proceeding, whether civil, criminal,
      administrative or investigative, by the reason of the fact that he or she,
      or a
      person with whom he or she is a legal representative, is or was a director
      of
      the corporation, or who is serving at the request of the corporation as a
      director or officer of another corporation, or is a representative in a
      partnership, joint venture, trust or other enterprise, shall be indemnified
      and
      held harmless to the fullest extent legally permissible under the laws of the
      State of Nevada from time to time against all expenses, liability and loss
      (including attorneys' fees, judgments, fines, and amounts paid or to be paid
      in
      a settlement) reasonably incurred or suffered by him or her in connection
      therewith. Such right of indemnification shall be a contract right which may
      be
      enforced in any manner desired by such person. The expenses of officers and
      directors incurred in defending a civil suit or proceeding must be paid by
      the
      corporation as incurred and in advance of the final disposition of the action,
      suit, or proceeding, under receipt of an undertaking by or on behalf of the
      director or officer to repay the amount if it is ultimately determined by a
      court of competent jurisdiction that he or she is not entitled to be indemnified
      by the corporation. Such right of indemnification shall not be exclusive of
      any
      other right of such directors, officers or representatives may have or hereafter
      acquire, and, without <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">limiting
      the generality of such statement, they shall be entitled to their respective
      rights of indemnification under any bylaw, agreement, vote of stockholders,
      provision of law, or otherwise, as well as their rights under this
      article.</font></font></div>
    <div>&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Without
      limiting the application of the foregoing, the Board of Directors may adopt
      By-Laws from time to time without respect to indemnification, to provide at
      all
      times the fullest indemnification permitted by the laws of the State of Nevada,
      and may cause the corporation to purchase or maintain insurance on behalf of
      any
      person who is or was a director or officer.&#8221;</font></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><br></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Company's Bylaws also provides that &#8220;no officer or director shall be personally
      liable for any obligations arising out of any acts or conduct of said officer
      or
      director performed for or on behalf of the Corporation. The Corporation shall
      and does hereby indemnify and hold harmless each person and his heirs and
      administrators who shall serve at any time hereafter as a director or officer
      of
      the Corporation from and against any and all claims, judgments and liabilities
      to which such persons shall become subject by reason of any action alleged
      to
      have been heretofore or hereafter taken or omitted to have been taken by him
      as
      such director or officer, and shall reimburse each such person for all legal
      and
      other expenses reasonably incurred by him in connection with any such claim
      of
      liability; including power to defend such person from all suits as provided
      for
      under the provisions of the Nevada Corporation Laws; provided, however that
      no
      such person shall be indemnified against, or be reimbursed for, any expense
      incurred in connection with any claim or liability arising out of his own gross
      negligence or willful misconduct. The rights accruing to any person under the
      foregoing provisions of this section shall not exclude any other right to which
      he may lawfully be entitled, nor shall anything herein contained restrict the
      right of the Corporation to indemnify or reimburse such person in any proper
      case, even though not specifically herein provided for. The Corporation, its
      directors, officers, employees and agents shall be fully protected in taking
      any
      action or making any payment or in refusing so to do in reliance upon the advice
      of counsel.&#8221;</font></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><br></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Company has been advised that it is the position of the Commission that insofar
      as the provision in the Company's Articles of Incorporation, as amended, may
      be
      invoked for liabilities arising under the Securities Act, the provision is
      against public policy and is therefore unenforceable.</font></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><br></div>
    <div><br></div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

          <tr valign="top" style="line-height: 1.25;">
            <td align="left" style="width: 40pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Item
              7.</strong></font></td>
            <td align="left">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Exemption
                from Registration Claimed.</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Not
      applicable.</font></div>
    <div><br></div>
    <div><br></div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

          <tr valign="top" style="line-height: 1.25;">
            <td align="left" style="width: 40pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Item
              8.</strong></font></td>
            <td align="left">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Exhibits.</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>&#160;</div>
    <div align="center">
      <table bgcolor="white" cellpadding="0" cellspacing="0" width="100%">

          <tr bgcolor="white">
            <td valign="bottom" width="11%" style="border-bottom: black thin solid;">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Exhibit
                No.</strong></font></div>
            </td>
            <td width="2%" style="border-bottom: #ffffff solid;">
              <div>&#160;</div>
            </td>
            <td valign="bottom" width="85%" style="border-bottom: black thin solid;">
              <div><font size="2"><strong>Description</strong></font></div>
            </td>
          </tr>
          <tr bgcolor="white">
            <td width="11%">&#160;</td>
            <td width="2%">&#160;</td>
            <td width="85%">&#160;</td>
          </tr>
          <tr bgcolor="white">
            <td width="11%">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4</font></div>
            </td>
            <td width="2%">&#160;</td>
            <td width="85%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2006
              Consultant Stock Plan</font>&#160;</td>
          </tr>
          <tr bgcolor="white">
            <td width="11%">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">5</font></div>
            </td>
            <td width="2%">&#160;</td>
            <td width="85%"><font size="2">Opinion regarding legality</font>&#160;</td>
          </tr>
          <tr bgcolor="white">
            <td width="11%">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">23.1</font></div>
            </td>
            <td width="2%">&#160;</td>
            <td width="85%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Consent
              of Weinberg &amp; Company, P.A.</font>&#160;</td>
          </tr>
          <tr bgcolor="white">
            <td width="11%">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">23.2</font></div>
            </td>
            <td width="2%">&#160;</td>
            <td width="85%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Consent
              of GC Alliance Limited</font>&#160;</td>
          </tr>
          <tr bgcolor="white">
            <td width="11%">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">23.3</font></div>
            </td>
            <td width="2%">&#160;</td>
            <td width="85%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Consent
              of Richardson &amp; Patel LLP (included in Exhibit 5)</font>&#160;</td>
          </tr>
          <tr bgcolor="white">
            <td width="11%">&#160;</td>
            <td width="2%">&#160;</td>
            <td width="85%">&#160;</td>
          </tr>

      </table>
    </div>
    <div>&#160;</div>
    <div>&#160;</div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

          <tr valign="top" style="line-height: 1.25;">
            <td align="left" style="width: 40pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Item
              9.</strong></font></td>
            <td align="left">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Undertakings.</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      undersigned Registrant hereby undertakes:</font></div><br>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a)
      &#160;The undersigned registrant hereby undertakes to file, during any period in
      which offers or sales are being made, a post-effective amendment to this
      registration statement (1) to include any material information with respect
      to
      the plan of distribution not previously disclosed in the registration statement
      or any material change to such information in the registration statement; (2)
      that, for the purpose of determining any liability under the Securities Act
      of
      1933, each such post-effective amendment shall be deemed to be a new
      registration statement relating to the securities offered therein, and the
      offering of such securities at that time shall be deemed to be the initial
      bona
      fide offering thereof; and (3) to remove from registration by means of a
      post-effective amendment any of the securities being registered which remain
      unsold at the termination of the offering. </font></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><br></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)
      &#160;The undersigned registrant hereby undertakes that, for purposes of
      determining any liability under the Securities Act of 1933, each filing of
      the
      registrant's annual report pursuant to Section 13(a) or Section 15(d) of the
      Securities Exchange Act of 1934 that is incorporated by reference in the
      registration statement shall be deemed to be a new registration statement
      relating to the securities offered therein, and the offering of such securities
      at that time shall be deemed to be the initial bona fide offering thereof.
      </font></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><br></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(c)
      &#160;Insofar as indemnification for liabilities arising under the Securities
      Act of 1933 may be permitted to directors, officers and controlling persons
      of
      the registrant pursuant to the foregoing provisions, or otherwise, the
      registrant has been advised that in the opinion of the Securities and Exchange
      Commission such indemnification is against public policy as expressed in the
      Act
      and is, therefore, unenforceable. In the event that a claim for indemnification
      against such liabilities (other than the payment by the registrant of expenses
      incurred or paid by a director, officer, or controlling person of the registrant
      in the successful defense of any action, suit or proceeding) is asserted by
      such
      director, officer or controlling person in connection with the securities being
      registered, the registrant will, unless in the opinion of its counsel the matter
      has been settled by controlling precedent, submit to a court of appropriate
      jurisdiction the question whether such indemnification by it is against public
      policy as expressed in the Act and will be governed by the final adjudication
      of
      such issue.</font></div>
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    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
      to the requirements of the Securities Act of 1933, the registrant certifies
      that
      it has reasonable grounds to believe that it meets all of the requirements
      for
      filing on Form S-8 and has duly caused this registration statement to be signed
      on its behalf by the undersigned, thereunto duly authorized, in the Gaoxin
      District, Xian Province, People&#8217;s Republic of China, on March 1,
      2006.</font></div>
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      <div>&#160;</div>
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                <div>
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>SKYSTAR
                    BIO-PHARMACEUTICAL COMPANY,</strong></font></div>
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">a
                    Nevada corporation</font></div>
                  <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Registrant)</font></div>
                </div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="37%">&#160;</td>
              <td align="left" valign="top" width="4%">
                <div>&#160;</div>
              </td>
              <td align="left" valign="top" width="36%">
                <div>&#160;</div>
              </td>
            </tr>
            <tr>
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              <td align="left" valign="top" width="4%">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">By:&#160;</font></div>
              </td>
              <td align="left" valign="top" width="36%">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">/s/
                  Weibing Lu</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" colspan="2" valign="top" width="41%">
                <div>&#160;</div>
              </td>
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                <div>
                  <hr style="COLOR: #000000" align="left" noshade size="1" width="80%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Weibing
                  Lu</font></div>
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                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Chief
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    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
      to the requirements of the Securities Act of 1933, this Form S-8 registration
      statement has been signed by the following persons in the capacities and on
      the
      dates indicated:</font></div>
    <div><br></div>
    <div align="left">
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          <tr>
            <td align="left" valign="top" width="20%">
              <div>&#160;</div>
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">/s/&#160;
                <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Weibing
                Lu</font></font></div>
              <div>
                <hr style="COLOR: #000000" align="left" noshade size="1" width="80%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Weibing
                Lu</font></div>
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              <div>&#160;</div>
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Chief
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              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">March
                1, 2006</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="20%">
              <div>&#160;</div>
              <div><font size="2">/s/ Erna Gao</font></div>
              <div>
                <hr style="COLOR: #000000" align="left" noshade size="1" width="80%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Erna
                Gao</font></div>
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            <td align="left" valign="top" width="25%">
              <div>&#160;</div>
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                Financial Officer / Director</font></div>
            </td>
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              <div>&#160;</div>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">March
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          </tr>
          <tr>
            <td align="left" valign="top" width="20%">
              <div>&#160;</div>
              <div>
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">/s/
                  Wei Wen</font></div>
              </div>
              <div>
                <hr style="COLOR: #000000" align="left" noshade size="1" width="80%">
              </div>
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              <div>&#160;</div>
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                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">/s/
                  Xinya Zhang</font></div>
              </div>
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                <hr style="COLOR: #000000" align="left" noshade size="1" width="80%">
              </div>
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Xinya
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            <td align="left" valign="top" width="25%">
              <div>&#160;</div>
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              <div>&#160;</div>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">March
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          <tr>
            <td align="left" valign="top" width="20%">
              <div>&#160;</div>
              <div>
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">/s/
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              </div>
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">R.
                Scott Cramer</font></div>
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            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="25%">
              <div>&#160;</div>
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Director</font></div>
            </td>
            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="10%">
              <div>&#160;</div>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">March
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            </td>
          </tr>
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            <td align="left" valign="top" width="20%">
              <div>&#160;</div>
              <div>
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">/s/
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                <hr style="COLOR: #000000" align="left" noshade size="1" width="80%">
              </div>
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Steve
                Lowe</font></div>
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            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="25%">
              <div>&#160;</div>
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Director</font></div>
            </td>
            <td width="6%">&#160;</td>
            <td align="left" valign="top" width="10%">
              <div>&#160;</div>
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">March
                1, 2006</font></div>
            </td>
          </tr>

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[{"type": "S-8", "sequence": "1", "filename": "p0296_s-8.htm", "description": "FORM S-8 REGISTRATION STATEMENT", "secsgml_size_bytes": 65432}]
{"company-data": {"conformed-name": "SKYSTAR BIO-PHARMACEUTICAL CO", "cik": "0001076939", "assigned-sic": "7372", "irs-number": "330901534", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-132136", "film-number": "06656457"}, "business-address": {"street1": "RM 10601, JIEZUO PLAZA, NO. 4", "street2": "FENGHUI ROAD SOUTH, GAOXIN DISTRICT", "city": "XIAN PROVINCE", "state": "F4", "zip": "00000", "phone": "407-645-4433"}, "mail-address": {"street1": "RM 10601, JIEZUO PLAZA, NO. 4", "street2": "FENGHUI ROAD SOUTH, GAOXIN DISTRICT", "city": "XIAN PROVINCE", "state": "F4", "zip": "00000"}, "former-company": {"former-conformed-name": "CYBER GROUP NETWORK CORP", "date-changed": "20000711"}}
FORM S-8 REGISTRATION STATEMENT
SECURITIES
      AND EXCHANGE COMMISSION
Washington,
      D.C. 20549
FORM
      S-8
REGISTRATION
      STATEMENT
Under
THE
      SECURITIES ACT OF 1933
SKYSTAR
                BIO-PHARMACEUTICAL COMPANY
(Exact
                name of registrant as specified in its
                charter)
Nevada
33-0901534
(State
                  or other jurisdiction of
incorporation
                  or organization)
(I.R.S.
                  Employer Identification No.)
Rm.
                  10601, Jiezuo Plaza
No.4,
                  Fenghui Road South,
Gaoxin
                  District, Xian Province, P.R. China
N/A
(Address
                  of principal executive offices)
(Zip
                  Code)
2006
                  Consultant Stock Plan
(Full
                  title of the plan)
Steve
                  Zhu, Esq.
AllBright
                  Law Offices
Citigroup
                  Tower, 14
th
Floor
No.
                  33, Hua Yuan Shi Qiao Road
Shanghai,
                  P.R. China 200120
(Name
                  and address of agent for service)
852-2591-1221
(Telephone
                  number, including area code, of agent for
                  service)
copies
      to:
Kevin
                Leung, Esq.
Richardson
                & Patel LLP
10900
                Wilshire Blvd. Suite 500
Los
                Angeles, CA 90024
310-208-1182
CALCULATION
      OF REGISTRATION FEE
Title
                of Securities to
be
                registered
Amount
                to be
registered
(1)
Proposed
                maximum
offering
                price per
share
(2)
Proposed
                maximum
aggregate
                offering
price
(2)
Amount
                of
registration
                fee
Common
                Stock
1,199,648
$1.88
$2,255,338.20
$241.32
(1)
      Includes an indeterminate number of additional shares that may be issued to
      adjust the number of shares issued pursuant to the stock plan described herein
      as the result of any future stock split, stock dividend or similar adjustment
      of
      the registrant's outstanding common stock.
(2)
      Estimated pursuant to Rule 457(h) solely for purposes of calculating amount
      of
      registration fee, based upon the average of the high and low prices reported
      on
      February 21, 2006, as reported on the OTC Electronic Bulletin
      Board.
PART
      II
INFORMATION
      REQUIRED IN THE REGISTRATION STATEMENT
Item
              3.
Incorporation
                of Documents by Reference.
Skystar
      Bio-Pharmaceutical Company (the "Company") hereby incorporates by reference into
      this registration statement the following documents previously filed with the
      Securities and Exchange Commission (the "Commission"):
(a)
The
      Annual Report for the fiscal year ended December 31, 2004, filed by the Company
      with the Commission on Form 10KSB on May 20, 2005, which contains audited
      consolidated financial statements for the Company's most recent annual report
      for which such statements have been filed.
(b)
The
      Quarterly Reports for the quarters ended March 31, 2005, June 30, 2005 and
      September 30, 2005 filed by the Company with the Commission on Form 10-QSB
      on
      June 20, 2005, September 6, 2005, and December 1, 2005, respectively. The
      Current Reports filed by the Company with the Commission on Form 8-K on
      September 26, 2005, October 20, 2005, November 14, 2005, January 19, 2006,
      January 23, 2006, as amended on January 27, 2006, and February 27,
      2006.
(c)
The
      description of the Company's common stock included in the registration statement
      on Form 10-SB, file no. 333-81942, filed with the Commission on November 16,
      1999, including any amendments or reports filed for the purpose of updating
      that
      description.
(d)
In
      addition, all documents subsequently filed by the Company pursuant to Sections
      13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934, as amended
      (the "Exchange Act"), prior to the filing of a post-effective amendment which
      indicates that all securities offered have been sold or which deregisters all
      securities then remaining unsold, shall be deemed to be incorporated by
      reference into this registration statement and to be a part hereof from the
      date
      of filing of such documents.
Item
              4.
Description
                of Securities.
Not
      applicable. The class of securities to be offered is registered under Section
      12
      of the Exchange Act.
Item
              5.
Interests
                of Named Experts and
                Counsel.
Richardson
      & Patel LLP has given an opinion on the validity of the securities being
      registered hereunder. Erick Richardson and Nimish Patel, partners of the law
      firm, are eligible to receive shares of the Company's common stock pursuant to
      this Form S-8 registration statement.
Item
              6.
Indemnification
                of Directors and Officers.
Section
      78.7502 of the Nevada Revised Statutes provides that we may indemnify any person
      who was or is a party, or is threatened to be made a party, to any action,
      suit
      or proceeding brought by reason of the fact that he is or was a director,
      officer, employee or agent of the corporation, or is or was serving at the
      request of the corporation as a director, officer, employee or agent of another
      corporation or other entity. The expenses that are subject to this indemnity
      include attorneys' fees, judgments, fines and amounts paid
in
      settlement actually and reasonably incurred by the indemnified party in
      connection with the action, suit or proceeding. In order for us to provide
      this
      statutory indemnity, the indemnified party must not be liable under Nevada
      Revised Statutes section 78.138 or must have acted in good faith and in a manner
      he reasonably believed to be in, or not opposed to, the best interests of the
      corporation. With respect to a criminal action or proceeding, the indemnified
      party must have had no reasonable cause to believe his conduct was
      unlawful.
2
Section
      78.7502 also provides that we may indemnify any person who was or is a party,
      or
      is threatened to be made a party, to any action or suit brought by or on behalf
      of the corporation by reason of the fact that he is or was serving at the
      request of the corporation as a director, officer, employee or agent of the
      corporation, or is or was serving at the request of the corporation as a
      director, officer, employee or agent of another corporation or other entity
      against expenses actually or reasonably incurred by him in connection with
      the
      defense or settlement of such action or suit if he is not liable under Nevada
      Revised Statutes section 78.138 of if he acted in good faith and in a manner
      he
      reasonably believed to be in or not opposed to the best interests of the
      corporation. We may not indemnify a person if the person is adjudged by a court
      of competent jurisdiction, after exhaustion of all appeals therefrom, to be
      liable to the corporation, or for amounts paid in settlement to the corporation,
      unless and only to the extent that the court in which such action or suit was
      brought or another court of competent jurisdiction shall determine upon
      application that, despite the adjudication of liability but in view of all
      the
      circumstances of the case, the person is fairly and reasonably entitled to
      indemnity.
Section
      78.7502 requires us to indemnify our directors or officers against expenses,
      including attorneys' fees, actually and reasonably incurred by him in connection
      with his defense, if he has been successful on the merits or otherwise in
      defense of any action, suit or proceeding, or in defense of any claim, issue
      or
      matter.
The
      Company's Articles of Incorporation provides the following with respect to
      liability:
"A
      director or officer of the corporation shall not be personally liable to this
      corporation or its stockholders for damages for breach of fiduciary duty as
      a
      director or officer, but this Article shall not eliminate or limit the liability
      of a director or officer for (i) acts or omissions which involve intentional
      misconduct, fraud or a knowing violation of the law or (ii) the unlawful payment
      of dividends. Any repeal or modification of this Article by stockholders of
      the
      corporation shall be prospective only, and shall not adversely affect any
      limitation on the personal liability of a director or officer of the corporation
      for acts or omissions prior to such repeal or modification."
The
      Company's Articles of Incorporation provide the following with respect to
      indemnification:
"Every
      person who was or is a party to, or is threatened to be made a party to, or
      is
      involved in any such action, suit or proceeding, whether civil, criminal,
      administrative or investigative, by the reason of the fact that he or she,
      or a
      person with whom he or she is a legal representative, is or was a director
      of
      the corporation, or who is serving at the request of the corporation as a
      director or officer of another corporation, or is a representative in a
      partnership, joint venture, trust or other enterprise, shall be indemnified
      and
      held harmless to the fullest extent legally permissible under the laws of the
      State of Nevada from time to time against all expenses, liability and loss
      (including attorneys' fees, judgments, fines, and amounts paid or to be paid
      in
      a settlement) reasonably incurred or suffered by him or her in connection
      therewith. Such right of indemnification shall be a contract right which may
      be
      enforced in any manner desired by such person. The expenses of officers and
      directors incurred in defending a civil suit or proceeding must be paid by
      the
      corporation as incurred and in advance of the final disposition of the action,
      suit, or proceeding, under receipt of an undertaking by or on behalf of the
      director or officer to repay the amount if it is ultimately determined by a
      court of competent jurisdiction that he or she is not entitled to be indemnified
      by the corporation. Such right of indemnification shall not be exclusive of
      any
      other right of such directors, officers or representatives may have or hereafter
      acquire, and, without
limiting
      the generality of such statement, they shall be entitled to their respective
      rights of indemnification under any bylaw, agreement, vote of stockholders,
      provision of law, or otherwise, as well as their rights under this
      article.
Without
      limiting the application of the foregoing, the Board of Directors may adopt
      By-Laws from time to time without respect to indemnification, to provide at
      all
      times the fullest indemnification permitted by the laws of the State of Nevada,
      and may cause the corporation to purchase or maintain insurance on behalf of
      any
      person who is or was a director or officer."
3
The
      Company's Bylaws also provides that "no officer or director shall be personally
      liable for any obligations arising out of any acts or conduct of said officer
      or
      director performed for or on behalf of the Corporation. The Corporation shall
      and does hereby indemnify and hold harmless each person and his heirs and
      administrators who shall serve at any time hereafter as a director or officer
      of
      the Corporation from and against any and all claims, judgments and liabilities
      to which such persons shall become subject by reason of any action alleged
      to
      have been heretofore or hereafter taken or omitted to have been taken by him
      as
      such director or officer, and shall reimburse each such person for all legal
      and
      other expenses reasonably incurred by him in connection with any such claim
      of
      liability; including power to defend such person from all suits as provided
      for
      under the provisions of the Nevada Corporation Laws; provided, however that
      no
      such person shall be indemnified against, or be reimbursed for, any expense
      incurred in connection with any claim or liability arising out of his own gross
      negligence or willful misconduct. The rights accruing to any person under the
      foregoing provisions of this section shall not exclude any other right to which
      he may lawfully be entitled, nor shall anything herein contained restrict the
      right of the Corporation to indemnify or reimburse such person in any proper
      case, even though not specifically herein provided for. The Corporation, its
      directors, officers, employees and agents shall be fully protected in taking
      any
      action or making any payment or in refusing so to do in reliance upon the advice
      of counsel."
The
      Company has been advised that it is the position of the Commission that insofar
      as the provision in the Company's Articles of Incorporation, as amended, may
      be
      invoked for liabilities arising under the Securities Act, the provision is
      against public policy and is therefore unenforceable.
Item
              7.
Exemption
                from Registration Claimed.
Not
      applicable.
Item
              8.
Exhibits.
Exhibit
                No.
Description
4
2006
              Consultant Stock Plan
5
Opinion regarding legality
23.1
Consent
              of Weinberg & Company, P.A.
23.2
Consent
              of GC Alliance Limited
23.3
Consent
              of Richardson & Patel LLP (included in Exhibit 5)
Item
              9.
Undertakings.
The
      undersigned Registrant hereby undertakes:
(a)
       The undersigned registrant hereby undertakes to file, during any period in
      which offers or sales are being made, a post-effective amendment to this
      registration statement (1) to include any material information with respect
      to
      the plan of distribution not previously disclosed in the registration statement
      or any material change to such information in the registration statement; (2)
      that, for the purpose of determining any liability under the Securities Act
      of
      1933, each such post-effective amendment shall be deemed to be a new
      registration statement relating to the securities offered therein, and the
      offering of such securities at that time shall be deemed to be the initial
      bona
      fide offering thereof; and (3) to remove from registration by means of a
      post-effective amendment any of the securities being registered which remain
      unsold at the termination of the offering.
4
(b)
       The undersigned registrant hereby undertakes that, for purposes of
      determining any liability under the Securities Act of 1933, each filing of
      the
      registrant's annual report pursuant to Section 13(a) or Section 15(d) of the
      Securities Exchange Act of 1934 that is incorporated by reference in the
      registration statement shall be deemed to be a new registration statement
      relating to the securities offered therein, and the offering of such securities
      at that time shall be deemed to be the initial bona fide offering thereof.
(c)
       Insofar as indemnification for liabilities arising under the Securities
      Act of 1933 may be permitted to directors, officers and controlling persons
      of
      the registrant pursuant to the foregoing provisions, or otherwise, the
      registrant has been advised that in the opinion of the Securities and Exchange
      Commission such indemnification is against public policy as expressed in the
      Act
      and is, therefore, unenforceable. In the event that a claim for indemnification
      against such liabilities (other than the payment by the registrant of expenses
      incurred or paid by a director, officer, or controlling person of the registrant
      in the successful defense of any action, suit or proceeding) is asserted by
      such
      director, officer or controlling person in connection with the securities being
      registered, the registrant will, unless in the opinion of its counsel the matter
      has been settled by controlling precedent, submit to a court of appropriate
      jurisdiction the question whether such indemnification by it is against public
      policy as expressed in the Act and will be governed by the final adjudication
      of
      such issue.
[SIGNATURES
      PAGE FOLLOWS]
5
SIGNATURES
Pursuant
      to the requirements of the Securities Act of 1933, the registrant certifies
      that
      it has reasonable grounds to believe that it meets all of the requirements
      for
      filing on Form S-8 and has duly caused this registration statement to be signed
      on its behalf by the undersigned, thereunto duly authorized, in the Gaoxin
      District, Xian Province, People's Republic of China, on March 1,
      2006.
SKYSTAR
                    BIO-PHARMACEUTICAL COMPANY,
a
                    Nevada corporation
(Registrant)
By:
/s/
                  Weibing Lu
Weibing
                  Lu
Chief
                  Executive Officer
Pursuant
      to the requirements of the Securities Act of 1933, this Form S-8 registration
      statement has been signed by the following persons in the capacities and on
      the
      dates indicated:
Name
Title
Date
/s/
Weibing
                Lu
Weibing
                Lu
Chief
                Executive Officer / Director
March
                1, 2006
/s/ Erna Gao
Erna
                Gao
Chief
                Financial Officer / Director
March
                1, 2006
/s/
                  Wei Wen
Wei
                Wen
Secretary
                / Director
March
                1, 2006
/s/
                  Xinya Zhang
Xinya
                Zhang
Director
March
                1, 2006
/s/
                  R. Scott Cramer
R.
                Scott Cramer
Director
March
                1, 2006
/s/
                  Steve Lowe
Steve
                Lowe
Director
March
                1, 2006
6