YaSheng Group (HERB)

[RealDutch]

Does it matter whether the big US Bancorp is selling one of their vehicles or whether the entitity is selling itself? The latter seems to be the case.

The parent (HERB) doesn't need it anymore.

The reason why I posted it, is so people understand what it was about. This was for the Reg. D 506c offering.

Angel Star Nutrition is a 50/50 joint venture between HERB and IBC International LLC.

http://www.marketwired.com/press-release/yasheng-group-joint-venture-with-ibc-international-llc-form-angel-star-nutrition-llc-otcqb-herb-1865482.htm

The offering was designed to raise capital (roughly $8M) by issuing equity, basically reducing their stake from 50% to some 43% (Don't remember the exact figure). It was in the Angel Star presentation which you can find here but it doesn't work because the Angel-Star.com website has been offline for a while.

http://www.yashenggroup.com/Products.htm

So, now, after the asset swap, HERB has lots of cash and they don't need the money from the offering. If they would still need the $8M then that would be a huge red flag obviously. So at least there is some consistency there. That's all there is to it.