YaSheng Group (HERB)

[RealDutch]

True. They should either file the FORM 15 or get on with the 10-K.

Suppose they file the 10-K but not the 10-Q's, what happens then. Because that is what the company was planning to do. They still have to file the 10-Q's IMO, or not?

The problem here is, I think they want to go private. For that they may need the 10-K, or not. So they are struggling a bit. Perhaps with capital controls in China. Perhaps they didn't have enough cash for a buy-out, and will have it soon.

Another quote from you. Somewhere

If a stock is a severely delinquent SEC Registered Filer DO NOT BUY THAT STOCK under any circumstances, exampled by the 1,586 delinquent filers that were suspended and were subsequently revoked.

Question. We know that 99/100 of these are bankrupt companies, not making money or whatever. HERB is generating $100M+ free cash flow every year from the plantations. Have you seen another stock like HERB being revoked. And I wonder what they trade for (on the grey market). Before being revoked.

The thing is, if the SEC moves HERB to the grey market before revoking it, and the stock drops to a dime or less, I'll probably buy a shtload of it.