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S-1/A - AMENDED FORM S-1 - Takung Art Co., Ltdcmis1a4revfinal.txt
EX-23 - AUDITOR CONSENT - Takung Art Co., Ltdaudconsent122011.txt

December 19, 2011

United States Securities and Exchange Commission
100 F Street
Washington, D.C. 20549

RE: Legal Opinion Pursuant to SEC Form S-1 Registration Statement
Cardigant Medical, Inc. (the "Company"), a Delaware corporation

To Whom It Concerns:

I have acted as special counsel to the Company for the limited purpose of
rendering this opinion in connection with the Registration Statement on Form
S-1 and the Prospectus included therein (collectively the "Registration
Statement") which is being filed with the Securities and Exchange Commission
under the Securities Act of 1933, as amended (the "Act") with respect to the
registration and proposed sale of up to 2,500,000 shares of Common Stock, par
value $0.001 per share (the "Shares"), which may be sold at a price of between
$0.90 - $1.20 per share, pursuant to a resolution of the Board of Directors
dated August 09, 2011 authorizing such issuance.

I was not engaged to prepare or review any portion of the Registration
Statement. I express no opinion as to the accuracy or adequacy of the
disclosure contained in the Registration Statement

In my capacity as special counsel to the Company, I have examined instruments,
documents, and records, which I have deemed relevant and necessary for the
basis of my opinion, including, but not limited to, the Registration Statement,
the Certificate of Incorporation of the Company, the By-Laws of the Company,
and the records of corporate proceedings relating to the issuance of Shares.
Additionally, I have reviewed and made such other examinations of law and fact
as I have deemed relevant to form the opinion hereinafter expressed.

I have examined such documents in light of the applicable laws of the State of
Delaware, including the Delaware Constitution, all applicable provisions of
Delaware statutes, and reported judicial decisions interpreting those laws.

In such examinations, I have assumed the legal capacity of all natural persons,
the authenticity and completeness of all instruments presented to me as
original documents, the conformity to the authentic originals of all documents
supplied to me as certified or photostatic or faxed copies, the genuineness of
all signatures, and the truth, accuracy, and completeness of the information,
representations, and warranties contained in the records, documents,
instruments, and certificates I have reviewed.

In conducting my examination of documents executed by parties other than the
Company, I have assumed that such parties had the power, corporate, limited
liability company or other, to enter into and perform all obligations
thereunder and have also assumed the due authorization by all requisite
action, corporate, limited liability company or other, and the due execution
and delivery by such parties of such documents and that, to the extent such
documents purport to constitute agreements, such documents constitute valid
and binding obligations of such parties.

Based upon and subject to the foregoing, I make the following opinion on the
legality of the securities being registered. I am of the opinion that:

1. The Company is a corporation duly authorized and validly existing and in
good standing under the laws of the State of Delaware, with corporate power
to conduct its business as described in the Registration Statement.

2. The Company has an authorized capitalization of 25,000,000 shares of Common
Stock, $0.001 par value and no shares of Preferred Stock.

3. The 11,227,900 shares of Common Stock, currently issued and outstanding,
are duly and validly issued as fully paid and non-assessable, pursuant to the
corporate law of the State of Delaware.

4. The 2,500,000 Shares that are being offered by the Company and Shareholders,
upon the due execution by the Company and the registration by its registrar of
such shares, the sale thereof by the Company and shareholders in accordance
with the terms of the Registration Statement and after the effectiveness of the
Registration Statement, and the receipt of consideration therefore in
accordance with the terms of the Registration Statement, such shares will be
duly and validly issued, fully paid and non-assessable.

This opinion letter is limited to the status of shares to be issued under the
Registration Statement, and no opinion is implied or may be inferred beyond
the matters expressly stated.

This opinion is expressed as of the date hereof, and I disclaim any undertaking
to advise you of any subsequent changes of the facts stated or assumed herein
or any subsequent changes in applicable law, and I have assumed that at no
future time would any such subsequent change of fact or law affect adversely
my ability to render at such time an opinion (a) containing the same legal
conclusions set forth herein and (b) subject only to such (or fewer)
assumptions, limitations, and qualifications as are contained herein.

I hereby consent to the filing of this opinion with the U.S. Securities and
Exchange Commission as an Exhibit to the Registration Statement and to the
reference to this firm under the heading "Experts" in the Prospectus. In
giving this consent, I do not hereby admit that I am an "expert" under the
Act, or the rules and regulations of the SEC issued thereunder, with respect
to any part of the Registration Statement, including this exhibit. Further, in
giving this consent I do not admit that I come within the category of persons
whose consent is required under Section 7 of the Securities Act of 1933 or the
rules and regulations of the SEC promulgated therein or Item 509 of Regulation
S-K.

Jannol Law Group


By: ____/s/________________
Martin B. Jannol, Esq