![](https://investorshub.advfn.com/uicon/143390.png?cb=1674910561)
Friday, July 03, 2009 10:28:21 PM
I’ve been looking over the financial statements and the depreciation for 2008 is $8,699,320, and the depreciation for Q1 2008 is $5,633,043. That doesn’t look like straight line, or anything I’m familiar with. I also noticed that YHGG decided not to attend the NYC investor conference a couple months ago.
Also, I found this post on March 17, 2008:
I spoke with a representative from Yasheng, he said that the SEC is reviewing the audit, and they hope to hear something from them soon, (by April) I mean they have been going through this process forever now and have told me this information over and over again. Where can I find more information on where the SECs is at with Yasheng? The representatives reasoning behind the longer audit process is because Yasheng is a large conglomerate business, and on top of that the regulatory affairs that come with being a foreign company makes it more difficult to get listed. What does everyone think? Where is the SEC at in the audit process?
So, I can’t say that I am all in with the Form 10. I’ll believe it when I see it. I’ve dealt with a couple pink sheet companies and reported them to their state authorities.
Then, I looked through the state of california’s database for Yasheng and Nicholas Investment Company, the Nicholas investment company is forfeited (acceptable): http://kepler.ss.ca.gov/corpdata/ShowAllList?QueryCorpNumber=C2668925
Nicholas Investment company appears to be headquarted in Nevada. At 1450 oddstad drive.
Yasheng (the united states) logistic service company incorporated has that same address: http://kepler.ss.ca.gov/corpdata/ShowAllList?QueryCorpNumber=C2903181
One was dissolved: http://kepler.ss.ca.gov/corpdata/ShowAllList?QueryCorpNumber=C2317238
http://kepler.ss.ca.gov/corpdata/ShowAllList?QueryCorpNumber=C2571553
and there is another one at the same oddstad address
Curiosity killed the cat, but it appears that there are two Yashengs registered to the same address.
Anyway, I’d love to invest, but I only invest in companies where I am positive I’m not being swindled. Based on what I can tell, your phone is listed around the oddstad address. Digressing back through forum posts, I’m not the only person confused.
Any light you could shed on the matter would be appreciated and distributed.
Glen Bradford
From: Henrysun [mailto:henrysun@yashenggroup.com]
Sent: Monday, June 29, 2009 1:19 PM
To: Bradford, Glen Richard; info@yashenggroup.com
Cc: kevin.j.salvesthbarney.com
Subject: RE: Yasheng Group Questions
Hello Glen,
Thank you for your interest in Yasheng Group. Here are the answers to your questions.
1. We plan to file our Form 10 in the next month or two in order to get listed on OTCBB.
2. We do plan to move to a larger exchange in the 12 – 18 months time frame.
3. You are correct. They are land use rights.
Please let me know if you have further questions.
Henry Sun
Director of Finance
Yasheng Group
Phone: 650-363-8345
Cell: 650-269-6926
-----Original Message-----
From: Bradford, Glen Richard [mailto:gbradfor]
Sent: Monday, June 29, 2009 10:13 AM
To: henrysun@yashenggroup.com; info@yashenggroup.com
Cc: kevin.jsmithbarney.com
Subject: Yasheng Group Questions
Can you email the response to these questions to:
gbr.edu and
kevin.j.salvthbarney.com
Why haven’t you filed to be listed on the OTCBB or a larger exchange?
Are you planning to go to a larger exchange in the next few years?
Why are the 50%+ of your assets categorized as Intangible, even though they are rights to use land?
Thanks!
Glen Bradford
Best regards,
Glen Bradford
CEO ARM Holdings LLC
TheStreet.com/Stockpickr.com/Seekingalpha.com
www.glenbradford.com
www.armholdingsllc.com
Glen Bradford
Purdue University
Master of Business Administration
Bachelor of Science in Industrial Engineering
"Uncertainty will certainly work for me." -GRB
Recent HERB News
- Form C-AR - Annual Report • Edgar (US Regulatory) • 02/26/2024 01:00:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/12/2024 08:51:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/14/2023 07:00:08 PM
FEATURED BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • Jul 2, 2024 7:19 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM