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Real life is catching up to him real live.
Most ridiculous circus I have ever seen. Hard to accept that this is real life.
I'm just waiting for the "ET's came and took our gold-backed stablecoins because they got tired of mining gold themselves." excuse. 🤣😂
New BS round should start around one week from now up untill October 11th.
The next excuse will be that the HK dollars are stuck along with the 4 million he supposedly added (against RD's advice) right after opening the account, and there’s nothing he could do about it. After that, he'll head to Macau to try his hand at the craps table. Pun intended.
Interesting that as many as more than 38,000 shares were traded at $ 0.125.
I hope get paid man. It’s always another excuse from that guy…
Sure my plan is on. But delayed a bit. Looking at october now. Perhaps some smaller purchases in september.
RD,
What's your current timeframe for those large HERB share purchases you mentioned awhile ago? Hope your plans are still on for this.
But you're going to dump millions into this scam once the other scam pays you off right? When is the payoff date now?
I communicate with them in English, my Chinese language skills are fading, it's now been over 10 years since I worked in China. I can still understand basic conversations but am not able to communicated nearly as well as before. They only respond to me periodically, and I know there are others who get the same messages I do.
The dividend wording seems most likely just leftover wording from previous reports. It wasn't on the last annual report they filed this year but it was in the previous quarterly reports from 2023. So they probably were using a template from last year. I am curious what their plan is for the dividend, but it seems like the previous plan using preferred shares is a dead end. I would be happy to be wrong of course.
Is this the first time they mention the 10days notice?If it is would be another step in the right direction.
I sent them an email asking just if I will be getting the dividend in case I buy shares from now on.
But I guess they only reply to Aandt, perhaps because he asks in Chinese?
They are so pathetic, it's almost funny.
It still states that they intend to distribute the preferred dividend of preferred shares 1:10. I wonder if/when that will actually take place.
And they are in our friend Laxmi 'mode'.By the end of the year they will have 0 debt.
Yes. They will probably file it later today.
Still trading at a P/E of only 2.
No risk here.
Interesting. They have done this before- published the report on the website first.
https://yashenggroup.com/f-HERB-06-30-2024..pdf
They aren't actually even required to file, it will be interesting to see if they file it.
Nothing unusual jumps out at me after scanning the report, pretty consistent with past reports.
Found it.Next to video introduction middle of page
The page http://www.yashenggroup.com/Introduction.htm has changed since the previous check.
Added:
+ YASHENG GROUP Financial Statements
Added:
+ Close
Added:
+ 06/30/2024 Quarterly Report
Perhaps put it by mistake on the webpage before publishing it with the Sec?
From followthatpage the email.
I got a message that they published a 10-Q for the quarter ending 30/6 but I cannot find it.Probably that is why the volume.
Probably. Not mine though. Still idle.
Wish that the majority of that Volume wasn't a 135K dumped on bid at 0.0705$...
Hopefully, just a "transfer" between some entities🤞
Big volume of trading today . more than 200,000 shares.
My Schwab account is active and I was able to place a small buy order for HERB.
Just one step left. Funding the account 😀💥
You'll have no problem finding sellers at least 😅
There must be many wanting to exit if the PPS starts to tick upwards.
I appreciate your reply and all this information. Thank you!
RD I think a mix is a good idea. You sell for instance 50% when the pps has been lifted to 50 cents and let the rest wait for dollars. This way the chance that you will end up with a profit of more than 100% seems now very good and if you are very patient there seems to be a fair chance that your profit will be much higher.
They have a bunch off off-balance sheet assets. Particularly, 5 high-value plantations that should be worth > $10 / share. Add another $5+ for all the cash generated by it since 2014. And they also have museums. Value should be at least $2 / share IMO.
The company has tried a number of things these past 5 years. Spinning off the museums. A special dividend. None of it worked. I think FINRA won't allow it because they are not disclosing all the asset (values).
So, the parent company (Chinese provincal government of Gansu) owns close to 83% of HERB. Which means they also own 83% of the plantations. Which means we own 17%. I'm just waiting for the company to settle it. Sell the 17% to the Chinese government for hard cash and get it over with. That should give us $20 in value. Whether it will ever happen and when? I think 50% is a reasonable estimate. But it could still take years.
In the mean time, I'm going to lift the stock to $0.50 when I get paid in a couple of weeks. So you all have a choice here. Take the profit or keep some shares for later.
You seem to have a keen perspective on this Co and stock. Do you have an idea of what we can expect for the next catalyst to increase value, and when we might realistically expect to realize this. Thank so much for your information!
of course there is Solomon!
Stick around, Snow. There's a lot more small caps we can play with
After we are done playing with this one.
RD I understand the feeling of fun inherent in being able to play with market-makers knowing that one is in a position to disprove what technical analysis suggests about the way a stock is going to move. You will be able to prove that expectations are wrong. It should hardly be forgotten that net assets are more than a dollar per share based on audited financial reporting.
We will see. But I will buy anything below $0.50 basically. So don't sell below. We could actually hit $0.60 or $0.70 once I put the squeeze on the shorties
It's going to be fun. I think I can actually buy 50% of the float and still stay below 5% of outstanding shares.
RD,
If. through your share purchases, you were able to move he share price to about .50, what would keep it there if the company continues refusing to reward shareholders with the fair value of the off-sheet holdings?
I have a wallet with millions of dollars in it. And that is just the beginning.
Lot of promises. You still have nothing to show for it.
Not to worry. Besides the salary they owe me and the dividend we are expecting, I also own between 1% and 2% of all MyCow vertical companies. Expecting to receive money from all 3 of these.
And then I have enough money to buy 25% of the HERB float. And a lot more cash coming later.
We are going to party.
I called Schwab today to check the status of my account. They said it will take another 48 hours to complete next week. I guess I sent the $200 too soon last week because they sent it back. Well how should I know. Will try again next week.
I do t think you will actually get paid anything. I really hope you do…
RD Later I guess you will be able to buy a lot more if things word out well.
Then I will buy 24% of the float. I have more money coming later anyway. The first 12% is based on the money I will have available shortly.
RD My guess is that you have to buy more than 12% of the float to move the pps to 50 cents. A few years ago the pps one day jumped to a bit more than 30 cents due to about 900,000 shares being traded in one day. I guess a number of potential sellers were not aware of what had happened before it was too late. At least this goes for me.
I have a lot of money coming. And not much to spend it on.
So one thing I can do is take care of the shareholders here.
I know that HERB has a lot of assets off-balance sheet.
Value could easily be $20 / share.
But it's not a guarantee of course.
And the problem has been for years, to monetize that value for the shareholders.
Hoping that one day the company will succeed.
So I don't mind paying $0.50 for the stock.
RealDutch, what is your vision for the future here, and what is giving you so much confidence in HERB? Just curious why you are planning this sizeable investment here. Well it might be considered more than sizeable, it's actually very substantial to say the least. TIA
Planning to buy 1.57M HERB shares = 1% of outstanding and 12% of the float.
Schwab is setting up my account now.
There is one minor issue they are resolving.
And then I need to get paid and wire the money.
We should be ready to go in about 3 weeks from now.
Do not sell below $0.50
And the shorts better not get in my way. Because I can still double up to 24% of the float if I want to.
They partnered with a two person company that sells face masks to develop a nuclear battery.
Lmao…the only fad these fools haven’t attempted is NFTs.
Don't know what to say. Sounds strange.
Been looking into the "lead inventor" working with Yasheng that was mentioned in the PR - Shuting Zhang.
Found his company he runs- Xi'an Shuguang Electric Power Equipment Co., Ltd.
http://www.xashuguang.com.cn/About.html
Here is one of his patents- https://apps.wanfangdata.com.cn/patent/article:CN202311103418.0
Not sure what the connection is to Yasheng, can't really look into company details like I used to. China has shut down access to company filings from outside of China. Not really much point in it anyway.
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