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Re: ash111 post# 692

Thursday, 01/26/2017 12:30:14 PM

Thursday, January 26, 2017 12:30:14 PM

Post# of 7536
Alerted ACAN at $1, $4.75 today.another WEED stock found, but this one could be a 100 bagger. as I mentioned before I wouldn't touch Most PotStocks, already ran hundred and thousand % and will need 30-100 years of sales To justify market cap. there are only a few worth a grab imo. check balance sheet including Assets/Debt ratio,there is no why the hell a company like CNAB could be trading 420 times it's current Assets for long( CNAB for example with only 160k assets and 15 times liabilities or AMMJ also has negative Assets/debt ratio and only 500k assets. others are not solid as well, most have negative Equity too.).even GWPH(a $2.5B) will need 150 years of 20m revenues/year to justify market cap. most weed stocks don't even have sales yet.

so lets start:

HERB is the most cheapest stock on Earth, please read this Article: http://seekingalpha.com/article/4002968-mr-market-wrong-extremely-low-valuation-government-owned-agricultural-company
all accurate beside HERB never was on the Grey Market.

From 10Q: HERB Book Value $15.4

As of December 31, 2015, we had over 10,000 employees,Our net sales for the year ended December 31, 2015 was $938,896,315. Our gross profit for the year ended December 31, 2015 was $119,158,293. Earnings per share for the year end December 31, 2015 were $0.71 per share

The number of shares of registrant’s common stock outstanding as of December 31, 2015 was 157,165,783--------> market cap is only $50m.

merger could hit anytime imo. on reasonable PE, that's a $30 stock. take a look also, the float is tiny:

As of December 31, 2015, approximately 83% of our shares of outstanding common stock were held by our parent corporation Gansu Yasheng Salt Chemical Industrial Group, Ltd. We expect our principal shareholder to continue to use its interest in our common stock to direct our management, to significantly influence the election of our entire board of directors, to determine the method and timing of the payment of dividends also limited by debt covenants, to determine substantially all other matters requiring shareholder approval and to control us. The concentration of our beneficial ownership may have the effect of delaying, deterring or preventing a change in control, may discourage bids for the common stock at a premium over their market price and may otherwise adversely affect the market price of the common stock. In addition, Gansu Yasheng may affect certain corporate transactions such as a merger without seeking the other shareholders approval.
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=11570402

WEED:

Hemp Seed: The list of main strengths and opportunities that we are facing in our future development:
Angel Star formulas MILK FOOD project
Plomosa Placers Mining Project
Montmorillonit mining Project
US DAIRY AND FARM 9,000 ACRES
HEMP SEED& OIL HEMP TEXTILE PROJECT.

Yasheng Group (OTCQB: HERB) is a U.S. company and conducts business operations in China in three major segments: agriculture, livestocks, and biotechnology. The company specializes in developing, processing, marketing, and distributing a variety of food products processed primarily from premium specialty agriculture products grown in North West China in 6 agricultural segments: field crops, vegetables, fruits, special crops, seeds and poultry. We have been producing our premium specialty agriculture products over 20 years and some of our entities were founded over 40 years ago, to become a top agriculture company in China. Our major customers include world class conglomerates such as Tsingtao Beer, KFC and McDonalds.

With total assets of approximately $2.1 billion USD and over 15,000 employees/


My posts are my opinion and should not be used as investment advice. Make your own decisions in your stock trades.

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