Here is the land that the solar farm will be built on. 80 acres owned by Rouge Mountain Mining

8K Filed. Solar Farm agreement for Kramer Junction land with Pivot Energy

https://www.sec.gov/Archives/edgar/data/1123312/000121390024031680/ea0203608-8k_yasheng.htm

Item 8.01 Yasheng Group’s Subsidiary Enters into Binding Agreement with Pivot Energy.



On April 2, 2024, Yasheng Group’s wholly subsidiary entered into an agreement with Pivot Energy in order that Pivot Energy develops and builds out a large solar project on the 81 acres located in Kramer Junction, California, owned by our subsidiary.



Pivot Energy (https://www.pivotenergy.net/) is a national solar provider that develops, finances, builds, and manages solar energy and energy storage projects that help decarbonize our nation’s electricity, increase equitable access to clean energy for local communities, and provide real cost savings to American businesses and families. As a Certified B Corporation, Pivot is required to meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose.

The company has been very quiet since the annual filing. Hopefully they provide some updates on things and don't just go silent all year long. Under their current filing status as SEC Reporting CF, they are not required to file quarterly reports.

Appreciate the update.

Everyone here knows there has been delays. Anything involving large sums of money crossing borders often comes with delays. It's been frustrating for everyone. But all indications are that things are moving now.

Yeah not surprised.

Looks like Meiping Wu has been back to the Philippines recently, here are some pictures of a meeting with Manny Pacquiao from a few days ago.

Appreciate you keeping shareholders updated!

I noticed today that they have renewed the annual filing with the state of Colorado as they should.

https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20211155660&fileId=20241247371

What's interesting though is they have ALSO incorporated a new entity, Yasheng Group USA Corp.

Filed on January 11, 2024. https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20241044821&fileId=20241044821

Share structure is the same as existing company-

The corporation is authorized to issue:
Common shares - 800,000,000

Annual report now filed with the SEC

https://www.sec.gov/Archives/edgar/data/1123312/000121390024016717/formcar1.pdf

Audited earnings posted in the website this weekend. They should be filed with the SEC shortly I expect.

https://yashenggroup.com/YASHENG-2022-2023-HERB-10K-f.pdf

To be honest, I think the biggest benefit to us long term shareholders here is the exposure he appears to be bringing to the company. It remains to be seen how far it will go, but already there are a lot of new eyes "discovering" this company that did not before.

Manny Pacquiao was pretty active in politics for several years in the Philippines. He was a Senator and ran for President a couple of years ago.

https://www.reuters.com/world/asia-pacific/boxer-manny-pacquiao-nominated-presidential-candidate-philippines-2022-election-2021-09-19/

Also has an active foundation in the US.

https://pacquiaofoundation.org/about-us/

And has several other ongoing partnerships, here are just a couple links, there are more out there.

https://www.philstar.com/sports/2023/10/04/2301135/pacquiao-partners-australian-education-firm

https://www.ipophil.gov.ph/news/mark-of-a-champion-how-manny-pacquiao-is-earning-millions-from-ip/

Yeah, I will hold the rest and see what happens.

But I am happy to get some out, I have been basically all in here for the past year, back when we thought the dividend would come last March.

Yeah I will wait for this wave to calm down. It was under .05 a week or so ago.

I am still holding almost 100,000 shares.

Getting steamed on Twitter.

I was able to unload a block for .20

Just found some pictures of MP Wu in the Philippines recently, including some with Manny.

Also found a picture where an MOU was being signed for setting up a Solar farm, among other things it appears, which matches what Manny was referring to in his video.

MOU from January 24

MPW and Manny in late December


Also interesting that David Davies was on the trip with MPW.

Manny Pacquiao Facebook page with 19M followers- https://www.facebook.com/MannyPacquiao

X (Twitter) - https://twitter.com/MannyPacquiao

Supposed Net worth of 220 M
https://www.sportskeeda.com/mma/manny-pacquiaos-net-worth

https://www.essentiallysports.com/category/boxing/boxing-news-you-deserve-it-all-with-two-hundred-twenty-million-net-worth-manny-pacquiao-makes-major-move-with-new-business-venture-and-fans-are-all-for-it/

Really wonder why he is linking up with Yasheng?

Here's the Facebook page for Oliver Sumblingo Pauya, Traffic enforcement Chief

https://www.facebook.com/teugscpo

Very interesting.

https://www.sportskeeda.com/mma/news-he-s-contacted-us-fight-eddie-hearn-drops-surprising-news-manny-pacquiao-keen-face-conor-benn-upon-return-retirement


Possible fight scheduled with Floyd Mayweather?

https://www.si.com/fannation/mma/boxing/boxing-news-manny-pacquiao-vs-floyd-mayweather-fight-announced-for-2024

They are working on it, I have my account and have started to see tokens. I am guessing more to come this week.

Thank you for keeping everyone updated. Hopefully these challenges will be resolved soon.

Hopefully clearance will come soon, thanks for the update.

Thank you for sharing, I appreciate it.

I am curious if the company responded to you at all? It would be interesting to hear if anyone has more details about the buyback proposal.

It really is incredible. The potential future valuations are quite amazing.

Having the first dividend hit the bank account in a couple of weeks will be a huge boost for everyone. I have been through a lot recently as have so many others here. 2024 is looking to be a much better year.

Not sure what you mean? I deleted the posts

I got it

Taxes... guess we all have to figure this out. Good problem to have I guess.

Appreciate the updates. Looking forward to 2024

I will see if I can take care of it.

I was a mod but I guess there hasn't been enough activity here to keep the status active. I will make some posts and reapply.

I am still holding onto hope here. They are going to have to do something eventually IMO. Even if they don't, the company is profitable and way undervalued at current prices.

They are now designated SEC Reporting CF, which means they are only required to file annual reports.

Seems that the preferred dividend is now ancient history. I agree unacceptable. Like I said before, my confidence is quite low after this move.

As for a lawsuit, I can't get involved right now for personal reasons.

I agree that this .20 is ridiculous. I wrote to the company and told them so.

But for the filing, I also asked IR about it, they responded last night and said they are not required to file quarterly reports now that they are classified as SEC Reporting CF, they are only required to file annually. I looked into it, and indeed it's true. C filers are only required to file the annual report by the SEC.

Personally, I am not happy with how this is going. I hope they come up with something better, but my confidence is quite low after this.

Disclosing the off book asset values would be a huge boost.

Yeah I don't know what to think. My initial thoughts are this is not a good offer at all. The true asset value is MUCH higher. Looking at the current share price, it might be tempting to some I suppose.

Hopefully they will get the filing out. Disclosing the assets would be huge. But I don't think they will disclose. Just more of the same is what we will get most likely.

8K filed - Share buyback... HMMM

https://www.sec.gov/Archives/edgar/data/1123312/000121390023086725/ea188187-8k_yashenggroup.htm

Here is the announcement from the Khyber Pakhtunkhwa Government official page.

https://kp.gov.pk/page/thedepartmentofsciencetechnologyandinformationtechnologyhassignedamouwithamericancompanytingotoacceleratedigitaltransformationinkhyberpakhtunkhwa/page_type/news

And official Facebook announcement