FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Eastern Capital LTD
   2. Issuer Name and Ticker or Trading Symbol
iBio, Inc. [IBIO] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
10 MARKET STREET, # 773, CAMANA BAY		 3. Date of Earliest Transaction (Month/Day/Year)
04/26/2013
(Street)

GRAND CAYMAN, E9 KY1-9006		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/26/2013   P   4,460,000 A (1) 14,460,000 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants (right to buy) $ 0.53 04/26/2013   P   1,784,000     (2)   (2) Common Stock 1,784,000 (1) 1,784,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Eastern Capital LTD
10 MARKET STREET, # 773
CAMANA BAY
GRAND CAYMAN, E9 KY1-9006		     X    
Portfolio Services Ltd.
10 MARKET STREET, # 773
CAMANA BAY
GRAND CAYMAN, E9 KY1-9006		     X    
DART KENNETH BRYAN
P. O. BOX 31300
GRAND CAYMAN, E9 KY1-1206		     X    

Signatures

 Eastern Capital Limited, by Kenneth B. Dart, Director   04/30/2013
**Signature of Reporting Person Date
 Portfolio Services Ltd., by Kenneth B. Dart, Director   04/30/2013
**Signature of Reporting Person Date
 Kenneth B. Dart, individually   04/30/2013
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) (1) The reported securities are included within 4,460,000 Units purchased by Eastern Capital Limited for $0.48 per Unit. Each Unit consists of one share of common stock and 0.40 of one warrant to purchase one share of common stock at an exercise price of $0.53 per share.
(2) (2) The warrants are immediately exercisable and expire on April 26, 2016, the third anniversary of the date of issuance.

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