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Re: RealDutch post# 746

Saturday, 05/02/2015 5:32:05 PM

Saturday, May 02, 2015 5:32:05 PM

Post# of 9444
Hey guys, I haven't followed what you have been writing about this potential merger. But I have read the part in the 10K aobut a potential merger, and I can see that you hope that they would merge with Gansu Yasheng Industrial (Group), but does it really say so?

In the first blah blah blah part, they basically say that our (United States Yasheng Group) business will be shitty the coming years because of lack of water supply, we have to do something to keep the company profitable.
The plan is to merge agriculture land/assets from other sub companies of Gansu Yasheng Salt Group that is water resources rich.
This "asset transfer" will strengthen the "new" United States Yasheng Group and keep the share holders happy.

I don't interpret that they will merege the whole company with Gansu Yasheng Industrial and be listed in China...