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YYIN SEC Suspension for Financials / Filings delinquencies:
http://www.sec.gov/litigation/suspensions/2015/34-76746.pdf
Order:
http://www.sec.gov/litigation/suspensions/2015/34-76746-o.pdf
Admin Proceeding:
http://www.sec.gov/litigation/admin/2015/34-76747.pdf
Well I just cancelled my 2K bid @2.98 after seeing a fill for 16,500 @2.8891 wonder what's up with that??!!
I agree, I have cows(SIAF), goats(YYIN), and chickens(YUII), I am thinking about getting pigs(HOGS), but I have kind of a stigma about that since I used to be married to one and that was a disaster.
Took a position today, 8K @ 2.12
Decided if I had cows - SIAF, then it was only fair I should have some goats.
YYIN is now Yayi International.
Yayi International Inc., formerly Ardmore Holding Corporation, is a manufacturer and distributor of goat milk powder products in China. The Company engaged in the processing, commercialization and distribution of a series of goat milk powder, goat milk formula tablets, liquid goat milk and goat milk drinks throughout China, and in particular in the Fujian, Hunan and Sichuan provinces, Shenzen City and Shanghai. The Company's principal brand under which products are sold is MeiKe GaoTe. It is focused primarily on higher-priced infant formula. Its goat milk product line also includes infant formula products, targeting the mass market, and other goat milk products that target the health-conscious consumer.
From Nov 2009
Yayi International Inc., (OTC Bulletin Board: YYIN - News; "Yayi International" or "the Company"), the leading producer and distributor of premium goat milk formula products for infants, toddlers, and adults throughout the People's Republic of China, today announced that it broke ground on a new deep-processing facility in Shaanxi Province.
The new facility is designed to become the largest goat milk production base in China. Once put into production at the end of 2010, the new facility will increase the Company's existing production capacity in Shaanxi Province by 400 percent. The new plant, which occupies an area of 79,920 square meters, is based in Weinan, Shaanxi Province in northwestern China, where dairy goats are abundant and of optimal breed for milk production. The Company expects the new facility to be funded using the proceeds of the $15 million private placement raised from SAIF Partners III L.P. in June 2009 and cash flow from operations.
"We are delighted to take this significant step for expanding our production capacity which we expect will strengthen our leadership position in China's goat milk industry," said Ms. Li LIU, Chief Executive Officer of Yayi International. "We are optimistic about the demand for our goat milk products as lactose intolerance and dairy allergies are common in China and goat milk may be more easily digested by many Chinese who suffer from lactose intolerance as well as those who are sensitive to cow milk products. Moreover, the general interest for goat milk has increased following the 2008 milk scandal, when melamine was found in various cow milk-based infant formula products in China."
SS info per pinksheet
*
Estimated Market Cap
1,600,317 as of Jun 18, 2008
*
Outstanding Shares
1,000,198 as of Jun 30, 2007
*
Authorized Shares
50,000,000 as of Feb 10, 2005
*
Number of Share Holders of Record
285 as of Mar 31, 2008
*
Float
23,070,509 as of Feb 10, 2005
Ardmore Holding Corporation Acquires Tianjin Yayi
PR Newswire
June 18, 2008: 09:00 AM EST
TIANJIN, China, June 18 /Xinhua-PRNewswire-FirstCall/ -- Ardmore Holding Corporation ("Ardmore" or the "Company") (OTC Bulletin Board: AHLN) announced today that on June 6, 2008, the Company acquired, through a reverse merger, Tianjin Yayi Industrial Co., Ltd., a company based in the People’s Republic of China.
Tianjin Yayi is engaged in the commercialization and distribution of goat milk products in China. For the three months ended January 31, 2008, Tianjin Yayi had net sales of $3.88 million and net income of $1.31 million; for the year ended October 31, 2007, it had net sales of $14.4 million and net income of $4.4 million.
Contemporaneously with the closing of the merger, the Company raised an aggregate of $1.3 million through the sale of its convertible notes and warrants.
About Ardmore Holding Corporation:
Through its wholly-owned operating subsidiaries, Ardmore Holding Corporation is a producer and distributor of goat milk products in the People’s Republic of China.
Forward-looking Statements:
Certain statements in this release and other written or oral statements made by or on behalf of the Company are "forward-looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management’s expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward-looking statements are subject to a number of risks and uncertainties. For further information regarding these risks and uncertainties and the transaction described in this press release, see Ardmore’s Current Report on Form 8-K filed with the SEC on June 12, 2008 and in particular, the section entitled "Risk Factors". The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements.
For more information, please contact:
In Tianjin, China
Wu Hao
Tianjin Yayi Industrial Co., Ltd
Tel: +86-22-2798-4033 x8001
Email: shuker_5@163.com
SOURCE Tianjin Yayi Industrial Co., Ltd.
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we haven't seen the numbers yet for the new co. could still work out nicely, imo.
big rs
don't know why they need to do a 1/200 rs with that few shares
I have some so just hoping it goes up
nice potential arbitrage play though
yeah... i noticed this today. what's your take on it, d?
Hopefully that one is close to some news soon...
I just noticed that the bid ut'd...nice.
Thanks!
Alot of activity on JPEI recently, though. Interesting.
No, I haven't seen/heard anything more. Just keeping them in the ole pile.
Any word on the filings?
Yup, just a shell at this point.
Ed, is INNI still just a shell at this point?
ADDING INNI :)
Just got back in..you're right...that didn't take much at all. Looks better.
NITE off ask...took a whole 5k......
You beat me to it. lol Bid raise now
.022x.024 now
No Mike I didn't add yet.
Is that you getting filled at the bid?
Good to know. Thank you.
I would be adding here but I have no available powder as I have it all in PLTT and am not selling a share there.....
I think that chance came and went before and even then the ask never went under .02.....
I should probably try to add on the bid...I'm actually being a little greedy here and seeing if I can get anything under .02...probably ain't happening.
good add here imo we all know it is going higher at some point
Who is bid-whacking this?? Grr..time to look under the couch cushions.
Surprisingly quiet in here after the nice move today..look for it to continue....
INNI looking to run rest of the week.
Argh! In INNI here as well. Seems like I know just about everyone here. We're a small bunch..but a feisty one!
I think one more nibble at .029 and we will be at the .03 wall..imo
lol! Yes, I researched back and saw your old posts. I was surprised that it was trading around these levels early November, but as you said, someone may have known something.
We saw that with LFZA, in hindsite on the chart.
I agree. I think if we get thru .03, things will become quiet interesting.
FWIW, this thing started getting squirrelly in early Nov. It seemed to me that someone was quietly accumulating. I was hoping that they new something...I guess they did ;=)
http://www.investorshub.com/boards/read_msg.asp?Message_id=1465775
You're right that with a RS is always a possibility, but FHAL, LFZA and a few others kept high OS after the merger.
The filings look good, and Tryant seem to know what they're doing. That bodes well for the post merger potential.
I wouldn't say that. An RS with these plays is always hit or miss. I always hope for no RS or at lthe very least one that is not higher than 10/1 or 20/1 depending on the acquistion target. I've seen stocks with an OS in the couple mil range do an RS...you just never know. On the flipside, look at LFZA, that was a pretty high OS (I think it was in the 70+M range) and they didn't touch it.
So a RS looks unlikely. Good.
Right I think they own 25m of it...
OS is maxed out at the 50M auth. The OS was brought up to 50M when Tryant acquired the shell a few months ago.
According to last 10Q
50,000,000 issued and outstanding
I suspect the actual float is miniscule
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