I'm still here, pissed at what these Chinese Crooks [Department of Redundancy Department?] have pulled off with yet another one of the SCAMS for which they're famous for.
Here's my suggestion:
Buy 100 or 200 shares of this POS stock. 100 or 200 shares of AOBI will set you back ~$200 to $400. But . . .
The next step is have your broker transfer your shares out of street name and into yours. I did this with my Fidelity account. There is NO CHARGE for this at Fidelity SO LONG AS you're not requesting a paper stock certificate. Just ask them to do an electronic transfer to transfer the shares out of Street Name and into your name.
The Transfer Agent is Computershare. Fidelity (in my situation) will electronically transfer the shares out of my individual NON-RETIREMENT account and into my "account" at Computershare.com. The Transfer Agent will then send a letter informing me that I now hold X number of shares of AOBI held by Computershare, along with my account number at CS, etc.
This is where the fun part begins:
You will want to transfer at least one (1) share of AOBI to 100 to 200 of your closest family members and/or best friends. Get their permission, of course, but once you do, send a "Letter of Instruction" to Computershare Investor Centre.
In this Letter of Instruction, write an Introductory Paragraph (e.g., "My name is Johnny Wishbone, I am the owner of record of "X" shares of AOBI. I would like to transfer one (1) share of AOBIto each of the following people, trust accounts, custodian for minors, etc., as follows:)
Then, start with the Number 1., name, address and SSN (if you have the latter), otherwise, they'll ask these NEWEST co-owners in our fine company to supply SSN . . . just in case the compnay should make some kind of payment. [As an aside, you can stop ROTFLYFAO right now).
Instruct Computershare to issue a "STOCK CERTIFICATE" (i.e., an OLD-FASHION PAPER STOCK CERTIFICATE). This will be done at NO CHARGE to either the gifting shareholder or any of the hundred or so recipients. This is charged to the company (AOBI).
The cool part is that we all get to spread the love, SPREAD SOME SHARES to NEW shareholders, make AOBI pay for the transfer/issuance of these 100-200 stock transfers, not only in issuing the 100-200 new stock certs., but to incur the cost of adding/subtracting my 100-200 shares from my accounts, issuing stock certificates where one would normally be charged $250.00 to $500.00 for EACH STOCK CERTIFICATE by our stock brokerage firms.
And best of all, once we hit the Magic Number of 300 or more separate, distinct shareholders, guess what? AOBI's suspension of their duty to File reports with the SEC must ONCE AGAIN RESUME incurring all he Sar-Box expenses of SEC filings, paying law firms, accountants, all of the expenses that they thought they were saving by "GETTING OVER ON US". AOBI's duty to report to, file with, the SEC was merely SUSPENDED . . . it NEVER went away. Once we hit the Magic Number of more than 300 shareholders, their DUTY is ON AGAIN.
I hope that I've explained the process with enough detail, yet without confusing the hell out of everybody. If I managed to confuse, please do not hesitate to ask for help.
AOBI was "such a great Chinese Company, trading in the United States" under OUR stock exchanges, facing compliance with Sar-Box, the SEC, the Attorneys General of all 50 states.
It will be so much fun welcoming Fat Tony & Co., back to our fair country. Our rules aren't as Loosey-Goosey as they are in the Far East, but hey, it'll be fun getting to say "Hi" to these guys.
So, AOBI went dark on us per SEC rules (of suspension of duties to file/report once you have less than 300 shareholders. All that I am doing is helping our friends "stuck in China" to come back to our country, and they will have the privilege of turning the lights back on again. You know . . . just like it used to be . . . Old School . . . good times.
Again, please let me know of I can be of assistance in transferring your shares to family/friends. I'd be happy to help since it will help us turn the lights on once again on a company whose BOD, Majority Holder, etc.
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