Ownership Submission
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, Section 17(a) of the Public Utility Holding Company Act of 1935 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)
P. O. BOX 31363, 		 3. Date of Earliest Transaction (Month/Day/Year)
10/15/2013
(Street)

GRAND CAYMAN, E9 KY1-1206		 4. If Amendment, Date Original Filed(Month/Day/Year)
01/19/2012		 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 10/15/2013   O   7,500,000 A $ 0.4 (1) 21,960,000 D  

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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
Warrant (right to buy) $ 0.88 10/15/2013   J(2)     7,500,000 01/14/2013 01/14/2014 Common Stock 7,500,000 (2) 0 D  
Warrant (right to buy) $ 0.4 10/15/2013   J(2)   7,500,000   01/14/2013 01/14/2014 Common Stock 7,500,000 (2) 1 D  
Warrant (right to buy) $ 0.4 10/15/2013   O     7,500,000 01/14/2013 01/14/2014 Common Stock 7,500,000 $ 0.4 (3) 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Eastern Capital LTD
P. O. BOX 31363
GRAND CAYMAN, E9 KY1-1206		     X    
Portfolio Services Ltd.
45 MARKET STREET, SUITE 3211, CAMANA BAY
P.O. BOX 31363
GRAND CAYMAN, E9 KY1-1206		     X    
DART KENNETH BRYAN
P. O. BOX 31300
GRAND CAYMAN, E9 KY1-1206		     X    

Signatures

 Eastern Capital Limited   10/17/2013
**Signature of Reporting Person Date
 Portfolio Services Ltd.   10/17/2013
**Signature of Reporting Person Date
 Kenneth B. Dart   10/17/2013
**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) The reported securities are common stock of the Issuer acquired pursuant to the exercise of a Warrant on October 15, 2013 at an exercise price per share of $0.40.
(2) The reported security is a Warrant that originally allowed the reporting persons to acquire up to 7,500,000 shares of common stock of the Issuer at an exercise price per share of $0.88 during the exercise period from January 14, 2013 until January 14, 2014. On October 15, 2013 the Warrant was amended to reduce the exercise price per share to $0.40 until November 12, 2013, after which time the exercise price will revert back to $0.88 until expiration of the Warrant on January 14, 2014. No consideration was paid or received by the reporting persons in connection with the amendment.
(3) On October 15, 2013, simultaneous with the amendment of the Warrant, Eastern Capital Limited exercised the Warrant in full.
 
Remarks:
Eastern Capital Limited is an investment entity that owns the securities reported on this Form 4.  Portfolio Services Ltd. is a holding company which owns all of the outstanding stock of Eastern Capital Limited. Kenneth B. Dart is the beneficial owner of all of the outstanding stock of Portfolio Services Ltd.

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