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”Bayer agrees to $10.9bn settlement over Monsanto’s weedkiller Roundup
Numerous lawsuits have been brought against the pharmaceutical subsidiary over claims the chemical causes cancer.”
Guardian News staff and agencies quoted.
Published: 15:07 Wednesday, 24 June 2020
“German pharmaceutical company Bayer says it’s paying up to $10.9bn to settle a lawsuit over subsidiary Monsanto’s weedkiller Roundup, which has faced numerous lawsuits over claims it causes cancer.
Bayer said it was also paying up $1.22bn to settle two further cases, one involving polychlorinated biphenyl (PCB) in water.
Bayer said the Roundup settlement would “bring closure to approximately 75%” of the current 125,000 filed and unfiled claims. The resolution also puts in place a mechanism to resolve potential future claims, the company said.
Revealed: Monsanto predicted crop system would damage US farms.
“First and foremost, the Roundup settlement is the right action at the right time for Bayer to bring a long period of uncertainty to an end,” said Werner Baumann, CEO of Bayer, in a statement on Wednesday.
Bayer said the agreement is subject to approval by judge Vince Chhabria of the US district court for the northern district of California.
Three Roundup cases that have gone to trial in recent years are not covered by the settlement and will continue through the appeals process, Bayer said.
A California jury ordered Monsanto in May 2019 to pay more than $2bn to Alva and Alberta Pilliod, a couple that got cancer after using Roundup.
The victory for the Pilliods was the latest in a series of trial wins taking on Monsanto over Roundup. Dewayne Johnson, a former school groundskeeper with terminal cancer, won a $289m victory in a California court in 2018, and Edwin Hardeman, who sprayed Roundup on his properties, was awarded $80m in the first federal trial in 2019.
Bayer has appealed all three rulings. Bayer said it would also pay up to $400m to settle cases involving the weedkiller dicamba having drifted onto plants that weren’t bred to resist it, killing them.
A further payment of up to $820m will be made to settle “most” claims for exposure to PCB, a highly carcinogenic substance, that Monsanto produced until 1977 and which has been found in US waters. ( CANCEROUS FISHING ANYONE? !!! )
Bayer said it would start making payments this year and these would be financed from existing liquidity, future income, proceeds from the sale of its animal health business and the issuance of additional bonds.
The US Environmental Protection Agency (EPA) ( UNDER TRUMP’S APPOINTED FORMER COAL LOBBYIST ANDREW WHEELER WITHOUT ANY SCIENCE BACKGROUND WHATSOEVER!!! ) ruled last year that it was false to say glyphosate, the herbicide marketed as Roundup, caused cancer, and recently issued a report concluding the product did not cause risks to human health when used correctly. Advocates have long criticized the EPA’s continued approval of Roundup in the face of research linking the herbicide to cancer.
“Even Bayer’s billions can’t magically make glyphosate’s well-documented links to cancer disappear,” Nathan Donley, senior scientist at the Center for Biological Diversity said in a statement. “Bayer only settled after three multi-million-dollar verdicts over the past year from jurors who, unlike the EPA, wisely put more trust in the safety assessments of INDEPENDENT SCIENTISTS than in Monsanto/Bayer’s confidential reviews of its own product.””
End quote.
https://www.theguardian.com/business/2020/jun/24/bayer-109bn-settlement-monsanto-weedkiller-roundup?CMP=Share_iOSApp_Other
$11 BILLION / 94K Cases (75%)=$117,021.28 EACH.
( ONLY of stated 75% of 125K-150K litigants setting. )
NO WHERE NEARLY ENOUGH FOR BAYER-MONSANTO’S CAUSING CANCER!
But newest ( GMO global study in process ) has already scientifically proven GMO carcinogenic!!!
— — AGAIN!!!!!!!!!
********* GO YANGLIN GO! *********
WE WON HUUUGE!!!!!!!!! NON-GMO WON HUUUUUGER!!!!!!!!!
> >> YANGLIN SOYBEAN WILL EXPLODE GAINS! >>>
>>>> SOON!!! >>>>> >>>>>>
#1 NON-GMO OVER TEN TIMES VOLUME OF #2 GMO!!
DALIAN COMMODITY EXCHANGE LATEST DATA:
No. 1 Soybeans Vol:339875 OI:201505
No. 2 Soybeans Vol:30895 OI:44542
Soybean Meal Vol:663713 OI:2243829
Soybean Oil Vol:230396 OI:544995
__________________________________________________________
Dalian China #1 NON-GMO is almost 2500 Yuan MORE than #2 GMO Soybeans per Metric Ton!
> >> GO YANGLIN GO! >>>
Bayer-Monsanto SETTLE 75% Of 125K-150K Cases For $11+ BILLION!!!!!!!!!!!
JUST PUBLISHED THIS HOUR!!!
YANGLIN SOYBEAN CONGLOMERATE NON-GMO IS ROCKETING UP! UPP!! UPPP!!!
Quote:
Bayer-Monsanto have announced that the company will make a total payment of $10.1 billion to $10.9 billion (€9.1 billion to €9.8 billion) to settle the non-Hodgkin’s Lymphoma Roundup litigation in the U.S.. Roundup is the most sold glyphosate-based herbicide in the world.
The settlement covers approximately 75% of the current Roundup litigation involving approximately 125,000 filed and unfiled claims overall.
Bayer also settled Wednesday the recent dicamba drift litigation for payment of up to $400 million and a portion of the PCB water litigation exposure for payment of approximately $820 million.
Bayer-Monsanto will make a payment of $8.8 billion to $9.6 billion to resolve the current Roundup litigation, including an allowance expected to cover unresolved claims, and $1.25 billion to support a separate class agreement to address potential future litigation. The Roundup class agreement will be subject to approval by Judge Vince Chhabria of the U.S. District Court for the Northern District of California. The resolutions were approved unanimously by Bayer’s Board of Management and Supervisory Board with input from its Special Litigation Committee.
“The Roundup agreements are designed as a constructive and reasonable resolution to a unique litigation,” said Kenneth R. Feinberg, court-appointed mediator for the settlement talks.
The three cases that have gone to trial so far – Johnson, Hardeman and Pilliod – will continue through the appeals process and are not covered by the settlement.
Roundup is currently under even more health scrutiny, as a group of independent scientific institutions has recently gathered together to perform the most comprehensive safety study ever on the weedkiller – the Global Glyphosate Study – and initial pilot results are not positive for glyphosate-based herbicide manufacturers such as Bayer-Monsanto. So despite this settlement Bayer is certainly not out of the woods yet on this issue.
Background:
In August 2018 Bayer-Monsanto lost a landmark cancer trial in San Francisco and was ordered by the Judge to pay over USD 289 Million in total damages to the former school groundskeeper Dewayne Johnson, a California father who has non-Hodgkin’s lymphoma, which was caused by Monsanto’s glyphosate-based weedkiller Roundup. The case opened the floodgates and enabled thousands of other cancer sufferers to sue the company across the U.S..
End quote.
https://sustainablepulse.com/2020/06/24/bayer-settles-glyphosate-cancer-lawsuit-for-10-9-billion/
> >> GO YANGLIN SOYBEAN GOGOGO!!! >>>
WHY Yanglin Soybean LOGICALLY Won’t File Until 2021:
WAITING FOR SANER U.S. ADMINISTRATION!
“ Global economy will take $12tn hit from coronavirus, says IMF.”
“World Economic Outlook says UK economy is on course to shrink by 10.2% in 2020!”
“The International Monetary Fund has said the global economy will take a $12tn (£9.6tn) hit from the Covid-19 pandemic after slashing its already gloomy growth projections for the UK and other developed countries in 2020.
The IMF said it would take two years for world output to return to levels at the end of 2019 and warned that governments should be cautious about removing financial support to their fragile economies.
In an update to forecasts published in April, the Washington-based IMF said it now expected the global economy to contract by 4.9% this year, compared with a 3% drop expected in the spring.
“The Covid-19 pandemic pushed economies into a Great Lockdown, which helped contain the virus and save lives but also triggered the worst recession since the Great Depression,” said the IMF’s economic counsellor, Gita Gopinath. She added that there would be a fall in living standards for 95% of countries this year.
The revised World Economic Outlook said the lockdown had dealt a “catastrophic hit” to the global labour market, adding that rising share prices were out of kilter with the deepest recession of the postwar era.
Every one of the G7 industrial nations and the leading developing nations has had its growth projection revised down, in what the IMF described as a “crisis like no other”.
The near-5% drop in global output this year will be much deeper than the drop of 0.1% recorded in 2009, after the near meltdown of the global banking system the previous autumn. The IMF had already envisaged 2020 as the worst year for global growth since the Great Depression of the 1930s.
The UK economy was on course to shrink by 10.2% in 2020, the Fund said. In April, using data collected before the severity of Britain’s lockdown was known, the IMF had thought the UK would contract by 6.5% this year. France and Italy are also expected to register double-digit falls in activity of 12.5% and 12.8% respectively.
The IMF said the coronavirus pandemic had been more negative for activity in the first half of 2020 than anticipated and recovery was also projected to be slower. Global growth is forecast to be 5.4% in 2021, down from 5.8%.
It said the forecasts were subject to an even greater than usual amount of uncertainty and were based on some key assumptions about the fallout from the pandemic: physical distancing persisting into the second half of 2020, long-term scarring from the larger than anticipated damage caused by the lockdown and a hit to productivity as surviving businesses ramped up workplace safety and hygiene practices.
The IMF said it was also assuming that financial conditions, which have eased since the spring, remained broadly at current levels. “Alternative outcomes to those in the baseline are clearly possible, and not just because of how the pandemic is evolving. The extent of the recent rebound in financial market sentiment appears disconnected from shifts in underlying economic prospects, raising the possibility that financial conditions may tighten more than assumed in the baseline.”
The IMF advised all countries – including those that had seemingly passed infection peaks – to ensure their healthcare systems were adequately resourced and called on developed countries to ensure that poorer nations had access to adequate, affordable doses of vaccines when they became available.
“Where lockdowns are required, economic policy should continue to cushion household income losses with sizeable, well-targeted measures as well as provide support to firms suffering the consequences of mandated restrictions on activity. Where economies are reopening, targeted support should be gradually unwound as the recovery gets under way and policies should provide stimulus to lift demand and ease and incentivise the reallocation of resources away from sectors likely to emerge persistently smaller after the pandemic.”
The IMF said strong multilateral cooperation remained vital to mitigate the impact of the pandemic on the world’s poor. Progress made in reducing extreme poverty since 1990 was at risk.
“Beyond the pandemic, policymakers must cooperate to resolve trade and technology tensions that endanger an eventual recovery from the Covid-19 crisis”, the fund said. Noting the record drop in greenhouse gas emissions during the pandemic, the IMF said policymakers should implement their climate change mitigation commitments and work together to scale up equitably designed carbon taxation or equivalent schemes.” End quote.
https://www.theguardian.com/business/2020/jun/24/global-economy-will-take-12tn-hit-from-coronavirus-says-imf?CMP=Share_iOSApp_Other
YANGLIN SOYBEAN HAS TREMENDOUS WILL TO PROSPER & MARKET DEMAND FOR NON-GMO!!!
DALIAN NON-GMO 2,420 Yuan MORE THAN TOXIC GMO!
LAST NIGHT’S DALIAN, CHINA COMMODITY EXCHANGE DATA:
No. 1 Soybeans Vol:309443 OI:211375
No. 2 Soybeans Vol:43655 OI:47654
Soybean Meal Vol:2086284 OI:2287846
Soybean Oil Vol:359148 OI:552977
__________________________________________
#1 NON-GMO SOYBEANS = 309,443 Metric Tons!
#2 animal feed toxic GMO Soybeans = ( ONLY ) 43,655 Metric Tons.
_______________________________________
#1 NON-GMO PRICE = 5351 yuan / ton.
#2. TOXIC GMO PRICE = 2931 yuan / ton.
Difference = 2420 yuan !
26,000+ NEW USA COVID CASES PER DAY RISING!
“Confirmed cases of coronavirus passed 9 million. According to Johns Hopkins University, which keeps a tally of official statistics, 9,079,452 cases have been reported. At least 471,754 people have died. The United States is the world’s worst affected country by case numbers, with more than 2.3 million cases and 120,402 deaths.
Beijing reports 22 new cases. China reported 22 new coronavirus cases for June 22, 13 of which were in the capital Beijing, the National Health Commission said on Tuesday. This compared with 18 confirmed cases a day earlier, 9 of which were in Beijing. Another seven asymptomatic Covid-19 patients, those who are infected but show no symptoms, were reported for June 22, the same as a day earlier. China does not count these patients as confirmed cases.
The US Covid-19 death toll passed 120,000. Tthe coronavirus death toll in the US has reached 120,340, according to the latest figures from John Hopkins University. Confirmed cases of Covid-19 in Florida have passed 100,000, while Covid-19 admissions at a chain of eight hospitals in Houston have tripled over the past month to 1400. An alarming 20% of Covid-19 tests in Arizona are coming back positive. The number of newly confirmed Covid-19 cases in the US has reached 26,000, up from 21,000 per day two weeks ago, according to an Associated Press analysis.” — Guardian News + New York Times quoted.
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001368745&owner=exclude&count=40
yanglinsoybean.com/ ( MULTI-MILLION DOLLAR WEBSITE! )
We’ve cultivated a genuine “shareholder supported” ‘SPY’ to watch Yanglin Soybean closely nearby!
YANGLIN SOYBEAN IS WORKING HARD 3 SHIFTS AROUND THE CLOCK AT FULL CAPACITY!!!!!!!!!
Mailing Address
NO. 99 FANRONG STREET,
JIXIAN TOWN,
HEILONGJIANG, F4 00000
Business Address
NO. 99 FANRONG STREET,
JIXIAN TOWN,
HEILONGJIANG, F4 00000
011-86-469 467 8077
Yanglin Soybean, Inc. CIK#: 0001368745 .
STAY ALIVE FOR YANGLIN SOYBEAN’S COLOSSAL GAINS EXPLOSION SOON!!!
PS. Nathaniel, you’ll need ‘track driving gloves’ for your hyper car SOON!
THE WORLD WILL CHANGE FOR THE BETTER IN 2021!
HANG ON MY FRIENDS!!
COVID cases worldwide pass 9 Million!
NON-GMO SOYBEANS ARE SUPPLEMENTING CULLED HOGS & SUSPENDED POULTRY!!!
( 2nd & 3rd waves inevitable, especially in TULSA due to 6.500 unmasked bunched up trump rally. )
There are 8,918,101 known coronavirus cases globally, according to the Johns Hopkins University tracker, and 466,548 global deaths. Daily global counts significantly rising by 183,020 infected cases per day!
Both figures are likely to be significantly higher in reality, due to differing testing rates and definitions, time lags and suspected underreporting.
Trump slowing testing now worst in entire world, while China tests 2 million a week in Beijing!!!!!
The ten worst-affected countries in terms of number of cases are as follows:
US: 2,278,373
Brazil: 1,083,341
Russia: 583,879
India: 410,461
United Kingdom: 305,803
Peru: 251,338
Spain: 246,272
Chile: 242,355
Italy: 238,499
Iran: 204,952
Last Updated: 21:24 Sunday, 21 June 2020
11h ago.
QUOTED GUARDIAN NEWS, NEW YORK TIMES, & WASHINGTON POST WORTH READING DAILY!
https://www.sciencealert.com/here-s-how-many-coronavirus-tests-per-capita-have-been-completed
ABOVE DATA SHOWS HOW BADLY SLOW TESTING IS IN USA COMPARED TO OTHER COUNTRIES!!!
> >> GO YANGLIN SOYBEAN GOGOGO!!! >>> >>>>
TYSON Imports Stopped, Hogs CULLED=NON-GMO SOY UP!!!
No. 1 Soybeans Vol:352966 OI:214004
No. 2 Soybeans Vol:51121 OI:50069
Soybean Meal Vol:1254574 OI:2343527
Soybean Oil Vol:395872
LOOK AT THAT #1 NON-GMO SOYBEANS ROCKETING TO 352,966 Metric Tons OVERNIGHT!
Look at the #2 GMO soybeans ONLY 51,121 METRIC TONS <<== THAT SAYS IT ALL.
COMPREHENSION & TRANSLATION COMPETENCY HELPS IF VIEWING YANGLIN’S MULTI-MILLION-DOLLAR WEBSITE, WHICH IS BEING UPDATED IN MINOR WAYS. Xenophobia discriminates reasoning!
#1. 2008 ‘GREAT RECESSION’ STILL NOT RECOVERED FROM; NOW NEW GLOBAL RECESSION AGAIN!
#2. COVID-19 CORONVIRUS INFECTIOUS DISEASE GLOBAL CASES EXCEED 9 MILLION!
( 8,969,827 CONFIRMED CORONAVIRUS CASES WORLDWIDE WITH 2ND & 3RD WAVES EVIDENCED. )
#3. BEIJING REPORTS 9+ TODAY & 22 YESTERDAY NEW CASES TOTALING 236 NEWLY INFECTED.
#4. CHINA SUSPENDS IMPORTS OF POULTRY FROM USA TYSON WHERE 481 TESTED POSITIVE.
#5. RECOVERY OF MARKETS IS STILL OPENING UP SLOWLY FROM GLOBAL PANDEMIC.
#6. Trump administration Tariff Wars stop all China & USA commerce — without any diplomats who were fired.
Rational, reasonable & logical synopsis is LONG VALUE is LONGER due to above macro factual issues.
Yanglin Soybean is working 3 shifts 7 days a week plus overtime to make up for MASSIVE hog pork disease culling & now COVID Poultry Tyson import suspension.
NON-GMO SOYBEANS ARE JUMPING AGAIN! ( LOOK AT THE NUMBERS!!! )
DICAMBA & GLYPHOSATE CANCER LAWSUITS AGAINST BAYER & MONSANTO EXCEED 150,000 CASES!
Slam Dunk gains for NON-GMO Yanglin Soybean progressing to prosperity!!!!!!!!!
YANGLIN SOYBEAN IS BOOMING UP TO GREATER SPEEDS THAN EVER BEFORE!
IMO probably so-- just do not care about the stock
My question would be are they still in business?
Dalian Exchange has 10 to 1 NON-GMO #1 VOLUME!!!!!!!!!!
5/22/2020 ~ Friday May 22nd 2020
#1 NON-GMO Soybeans = 485,330 metric tons.
#2 GMO Soybeans = 49,320 metric tons.
Soybean Meal = 1,407,601 metric tons.
_______________________________________
#1 NON-GMO Soybean RMB Price/ Ton = 5,034.
#2 GMO Soybean RMB Price / Ton = 2,903.
NON-GMO TO GMO PRICE DIFFERENCE = RMB 2,131 / Ton.
_______________________________________
Soybean Meal Price RMB 2,598 / Ton.
Things are looking up for Yanglin Soybean!
PORT DALIAN COMMODITY EXCHANGE:
INCREDIBLE TEN TO ONE VOLUME OF NON-GMO #1 VERSUS GMO #2 SOYBEANS!!
China builds world’s highest 5G station on Mt Everest!
Still doubt China’s progressing prosperity?
Think again my friends!!
Yanglin Soybean will definitely surprise you forward!!!
Fasten Your Seat Belt.
Get ready for YSYB to rock your world!!!!!!!!!
Fed Reserve Powell: Recovery Not Until Late 2021.
“America’s top central banker, Federal Reserve chair Jerome Powell has voiced his own concerns. He predicted that the US economy could shrink by 20% or 30% during the pandemic, with the recovery taking until late 2021.”
~ NYT quoted.
“Japan, Italy, France, Germany & very soon India too will be in ‘Recession’; as the USA is already.“
“Several European countries have lifted their ban on short-selling shares, in another sign that the panic created by Covid-19 has eased. France, Italy, Spain, Belgium, Austria and Greece are all scrapping restrictions that prevented traders from selling shares they didn’t own (hoping to buy them back cheaper). These bans were introduced in March, in an attempt to stem the alarming plunge in across stock markets.” ~ NYT quoted.
********************************************************************************************
IMHO:
This possibly all supports ‘Recovery Of Markets’ much sooner in China, so it’s very hopeful for Yanglin Soybean with domestic NON-GMO soybean consumption increasing VERY drastically in lieu of pork shortage due to African Swine Fever. China’s hog herd was reduced by as much as 60%, according to South China Morning Post. Pork prices have almost DOUBLED in China; & this will also help Yanglin Soybean gain revenues from their hog herd, & also NON-GMO Soybean revenues. A bumper soybean crop from Brazil has further hurt USA GMO farmers; which sounds good to us! China has made it a lot easier to import NON-GMO #1 soybeans from Northern border with Russia. Global food shortages are a genuine reality; so price volatility will further SPIKE #1 NON-GMO in China helping Yanglin Soybean gain more profits to progressing prosperity & return to compliance sooner! Worldwide panic buying & export curbs will send #1 NON-GMO soaring!! The United Nations Food & Agriculture has stated they’re already seeing pressures due to lockdowns impacting supply chains & the shipping industry’s logistics that will cause potentially disastrous effects that China realizes it needs to prepare for by stockpiling #1 NON-GMO food sources for it’s 1.4 BILLION PEOPLE now. The Locust swarm crisis in Africa & the Middle East has affected food production severely adding to MORE shortages. A serious global food shortage will send #1 NON-GMO soybeans SOARING SKY HIGHER, & has already jumped 40-50% in price!
We posted that right here previously. Great news for Yanglin Soybean shareowners!
All these opinions are backed by Professor Chang Guoqiang at the School Of Economics & Management Of Tongji University Of Shanghai China.
~ GENUINELY REALISTIC PROOF POSITIVE GOOD NEWS !!!
> >> GO YANGLIN SOYBEAN GOGOGO!!! >>> >>>> >>>>>
TRUMPDEATHCLOCK.COM proves next landslide 2020 election will support better relations with China forward once again, helping Yanglin Soybean shareholders much more, & repealing all the devastation done globally.
More proof: https://www.washingtonpost.com/politics/2020/04/14/president-trump-made-18000-false-or-misleading-claims-1170-days/
FACTS DICTATE YANGLIN SOYBEAN WILL RISE AGAIN!
THEE BEST IS YET TO COME!!
CHINA BOOSTS NON-GMO OILSEEDS!!!!!!!!!
May 17, 2020
Sunday’s
‘Righteous Reasons 4 Renewed Hope & Happiness!’
WOW! WOW!! WOW!!!
THAT’S NON-GMO #1 FOOD QUALITY SOYBEANS ONLY!!!
“China has asked trading firms and food processors to boost inventories of grains and oilseeds as a possible second wave of coronavirus cases and worsening infection rates elsewhere raise concerns about global supply lines. Both state-run and private grain traders as well as food producers were urged to procure higher volumes of soybeans, soyoil and corn during calls with China’s Ministry of Commerce in recent days, three trade sources told Reuters.” ~ Reuters, NYT, Wash Post & Guardian News sources.
YANGLIN WILL BOOM SOON!!!!!!!!!
GREAT NEWS FOR NON-GMO YANGLIN SOYBEAN SHAREHOLDERS!!!!!!!!!
2007-8 was $6.75! They OWN 18.2 MILLION SHARES!!!!!!!!!
YSYB would be $50.+ / share with a locked float upon coming back, so they would get current & do a forward split, but we would have same ratio of riches, for sure.
After COVID will BE Recovery Of Markets, as CHINA is a powerhouse of profits! Maybe sooner than you think!!
IMHO & If memory serves me correctly in regard to price & shares recollection.
NYC Capital Markets have MOST money in the world!!!!!!!!!
we know they CAN do it-- but why would they?
How To Bring Delinquent Exch Act Reporting Co Current.
securities-law-blog.com/2013/01/25/how-to-bring-a-delinquent-exchange-act-reporting-company-current/
We posted this numerous times here already.
SEC ATTORNEY QUOTED:
“ SEC Delinquent Filers Program
In 2004 the Securities and Exchange Commission (“SEC”) instituted the Delinquent Filers Program and created the Delinquent Filers Branch as part of its Division of Enforcement. The Delinquent Filers Branch was instituted to encourage publicly traded companies that are delinquent in the filing of their required periodic reports (Forms 10-K and 10-Q) under the Securities Exchange Act of 1934 (“Exchange Act”) to provide investors with accurate financial information upon which to make informed investment decisions. The securities registrations of issuers that fail to make their required periodic filings are subject to suspension or revocation by the SEC and other enforcement proceedings.
Since it was instituted, the SEC Delinquent Filers Branch has suspended the trading and/or revoked the registration of hundreds of companies, often in sweeps of large groups of filers in a single day. Generally, a delinquent filer would receive a letter from the SEC giving the Company 10 days in which to make the filings current, and if such filings were not made current during that time, the SEC would institute administrative proceedings to revoke the registration of the Company’s securities.
Becoming Current
During the early years of the program, the SEC would not allow a multi-year or comprehensive filing, but would require the Company to file all missing reports (3 10-Q’s and 1 10-K for each year delinquent). However, during the recession, and in particular 2008-2012, many companies subject to the Exchange Act reporting requirements became delinquent in the filing of such reports for valid and unavoidable business reasons. In an effort to assist these entities in becoming current with their reporting requirements, the SEC, under certain circumstances, now allows the filing of a multi-year comprehensive 10-K in lieu of the filing of each and every missing report.
Accordingly, a Company that is delinquent in its reporting requirements has three options to become current in its reporting requirements. Upon filing the delinquent reports, the Company will satisfy the current information requirement for use of Rule 144 and will satisfy the “filed all reports” requirement for use of Form S-8.
Option A: File All Past Due Exchange Act Reports
This option is fairly self-explanatory; however, a few practice notes are helpful. In preparing and writing the past due reports, the drafter should complete all the information to the current date of filing the report. That is, the description of the business and business plans, the names and bios of the officers and directors, the sale of unregistered securities—basically everything—should be written as of the date of filing. In addition, there should be an added section in the MD&A which discusses the financial statements attached to that particular report and addressing that particular period. Where appropriate, historical information should be disclosed. So, for example, if the officers and directors have changed, there should be an explanatory disclosure as to the changes and historical information presented, followed by the current officer and director information as of the date of filing.
Accordingly, when completing all past due filings, the bulk of each document will be exactly the same, with the differences consisting of the financial statements, the MD&A section discussing the financial statements for that particular period, and the front page disclosing the date for which the report applies. Each report will be signed and certified by the current chief executive and accounting officers.
Filing all delinquent reports will not satisfy the requirement that a Company has “timely filed” all periodic reports, but it will satisfy the requirement that the Company has filed all reports required to be filed over the subject period of time.
Option B: Request Permission for and File a Multi-year Comprehensive Form 10-K
A Company desiring to file a multi-year comprehensive Form 10-K must obtain permission from the SEC, which requires a great deal of initial groundwork to demonstrate the ability to file the required report in a timely fashion. In particular, a Company desiring to file a multi-year comprehensive Form 10-K must submit correspondence to the SEC’s Office of Chief Accountant at the Division of Corporation Finance that:
Lists all missing periodic reports;
Describes in relative detail the reason for the delinquency and explains why and how the Company intends to resume reporting;
Details how the Company intends to complete the multi-year comprehensive Form 10-K, including the exact financial statements to be included, the date the filing will be made, the auditor that has been retained (it is helpful for the auditor to include a statement that he or she has, in fact, been retained and are engaging in the required services), and any other supportive facts demonstrating the Company’s ability to comply with the request;
Details any information that will not be included in the report that otherwise would be required and the reason for the exclusion (for example, lost or destroyed records) and requesting relief from the inclusion of such information under Rule 409 of the Exchange Act (Rule 409 allows a company to exclude information that is unknown and not reasonably available without unreasonable effort or expense with proper explanations of why the information cannot be obtained and the materiality of the missing information);
Requests that the SEC staff not object to the filing of the multi-year comprehensive Form 10-K in lieu of all individual delinquent reports; and
Promises to file all required future reports in a timely manner
Of course, competent counsel should be retained to either make the submission on the Company’s behalf or assist in the process. Generally, the SEC responds within 10 days. The SEC response reminds the Company that the SEC does not relieve reporting requirements, but that it may accept the one-time multi-year comprehensive Form 10-K as long as such document contains all of the following:
Audited financial statements for each delinquent fiscal year;
A section in the MD&A discussing the financial statements for each set of financial statements filed in the report, including quarterly statements, and a prior year or quarter comparison of results of operations for each year end period provided;
Unaudited summarized financial statements for each of the three quarters (and prior year comparisons) for at least the last two fiscal years;
All material information that would have been disclosed in the delinquent periodic reports had they been filed.
The multi-year comprehensive Form 10-K should be current to the date of filing, including the discussion of the business and business plans. Additional disclosures and risk factors may appropriate related to missing information, reasons for the delinquency in reporting, the impact of the delinquency in reports (such as Form S-3 eligibility), weaknesses in internal controls, and how the Company intends to rectify its issues and remain current in its reporting requirements in the future.
As with Option A, the multi-year comprehensive Form 10-K will not satisfy the requirement that a Company has “timely filed” all periodic reports, but it will satisfy the requirement that the Company has filed all reports required to be filed over the subject period of time. Upon filing the multi-year comprehensive Form 10-K, the Company will satisfy the current information requirement for use of Rule 144 and will satisfy the “filed all reports” requirement for use of Form S-8.
Option C: Terminate Exchange Act Registration by Filing a Form 15 Followed by a Form 10 Registration Statement
If a Company qualifies to do so, they may file a Form 15, terminating its Exchange Act registration and thereby relieving it of the Exchange Act reporting requirements. To qualify to file a Form 15, a Company currently must either have fewer than 300 shareholders, or fewer than 500 shareholders if it has assets of less than $10 million.
As I have blogged about in depth in the past, Title V of The JOBS Act amends Section 12(g) and Section 15(d) of the Exchange Act as to threshold shareholder requirements and registration and deregistration requirements such that the shareholder threshold before requiring registration and subsequent reporting with the SEC has been increased from 500 to either (a) 2,000 or more, or (b) 500 or more unaccredited shareholders. I expect that the SEC will implement rules to amend Exchange Act Rule 12g-4 to conform with Section 12(g).
A Form 15 does not technically relieve a Company’s obligation to file past due reports (only future reports); however, in practice the SEC does not generally require such filings.
An Issuer that files a Form 15 may thereafter file a new Form 10 registration statement subjecting it to the Exchange Act reporting requirements going forward. As with all Form 10 registration statements, the Form 10 will include two years of audited financial statements.
Option C is especially attractive to a Company that is in excess of two years delinquent in its reporting requirements and cannot reasonably obtain the records necessary to complete its audits for those years beyond the two-year period.”
The ATTORNEY Author: Laura Anthony, Esq.
Founding Partner
Legal & Compliance, LLC
Corporate, Securities and Going Public Attorneys
LAnthony@LegalAndCompliance.com
End quote.
do you believe they will ever revive the symbol?- why?
Multiply X 2 MILLION TONS/YEAR YSYB PROCESSING!!!
DALIAN #1 OVER 2K RMB/MT MORE THAN #2 GMO!
NON-GMO #1: 5019 RMB/MT
GMO #2. 2843 RMB/MT
______________________
DIFFERENCE: +2176 RMB/MT MORE FOR #1 NON-GMO SOYBEANS!!!
Soybean Meal: 2515 RMB/MT
#1 NON-GMO: 132,844 MT
#2 GMO: 18,022 MT
Soybean Meal: 313,008 MT
Dalian data reported 5/17/2020 is looking better & better for #1 NON-GMO SOYBEANS!
EDIBLE #1 NON-GMO is in almost every food meal in 1.4 BILLION PEOPLE China!!!!!!!!!
******************************************************************
That sparkling shiny new Rolls Royce `Spirit Of Ecstasy’ is moving our way!
*****************************************************************
#1 NON-GMO UP OVER 40% IS FASTEST RISING COMMODITY!!!
Quoted:
“Saturday, May 9, 2020
Chinese Soybean Prices on Different Paths
Are Chinese soybean prices going up or going down? Yes. Prices for China-grown soybeans have risen faster than any other major commodity in China this year, but imported soybeans remain a bargain for the country's processors.
The price of the no. 1 soybean contract on China's Dalian futures exchange is up 40 percent since the beginning of 2020, but the price for the no. 2 soybean contract is down 16 percent. At least one Hong Kong journalist has misinterpreted the price increase as an indicator of disrupted supplies of imported soybeans. While imports from Brazil were down 12% during April, huge volumes are expected to arrive next month. The price of imported soybeans in China has fallen to near 3000 yuan/metric ton, a level not seen since 2016.
The no. 1 soybean contract specifies delivery of non-genetically modified soybeans, but the no. 2 contract does not have this restriction. Since GMO soybeans cannot be legally grown in China, the no. 1 soybean contract reflects the price of domestic soybeans and no. 2 reflects imported soybeans. The no. 2 soybean contract price generally follows the Chicago soybean futures price. In fact, the Dalian no. 2 contract is largely superfluous and not traded much since the Chicago market is used to price and hedge soybeans imported from the United States and South America.
Over the years, domestic and imported soybeans have formed two distinct markets. Chinese-grown soybeans are used for food products, nutritional protein supplements, and premium non-GMO soybean oil. Cheaper imported soybeans are used to produce most of the country's soybean oil and soybean meal used in animal feed. National wholesale market prices reported by the Chinese government also tend to reflect the price of domestically-produced soybeans. Imported soybeans go directly to processing plants and seldom show up in wholesale markets. China produced 18.1 million metric tons of soybeans in 2019 and is expected to import 89 million metric tons.
The price of products made from imported soybeans has fallen this year. Dalian futures price for soybean oil has fallen roughly in parallel with the Chicago price--although not quite as steeply. China's soybean oil price rebounded slightly as China began to emerge from covid lockdown. According to the National Bureau of Statistics, the cash price for soybean meal--used in animal feed--jumped during March when soybean imports did slow, but the price started falling again in April.
There is no clear reason for the rise in price for China-produced soybeans. Cash prices have also been rising. Market reports say farmers have sold most of their crop and traders are bullish on prices. They note that a granary in Heilongjiang Province boosted its procurement price to buy soybeans for reserves, putting a floor under prices. One report says that national, provincial, and local soybean reserves are largely depleted. There was a temporary disruption in supplies due to a blizzard in Heilongjiang during April.
Several reports link the rise in soybean prices to high pork prices. Tofu and other high-protein foods made from soybeans are substitutes for meat. There are no statistics tracking consumption of foods in China with any precision, but it seems certain that consumption of soybean-based foods has risen--pork prices have doubled this year and pork consumption is probably down 30-35 percent. One report notes that the rise soybean prices began in late December, about two months after pork prices had spiked. With restaurants reopening and life gradually returning to normal, consumption is surely rising, but supplies of both pork and food-grade soybeans are limited.“
End quote.
GREAT NEWS!
> >> GO YANGLIN SOYBEAN GOGOGO!!! >>>
#1 NONGMO is 2,500 more than #2 GMO Soybeans!!!!!!!!!!!!!!!!!!!!
5,252 (#1)NON-GMO MINUS 2,758 (#2)GMO = 2,494 RMB=Renminbi/MT=metric ton!
ALSO:
#1 NON-GMO IS ALMOST TEN TIMES #2 GMO ( VOLUME ) AT DALIAN, CHINA NOW!
5/5/2020 DALIAN COMMODITY EXCHANGE:
#1 NON-GMO = 5,252 RMB/MT = 307,535 MT.
#2 GMO = 2,758 RMB/MT 33,279 MT.
SOYBEAN MEAL = 2,664 RMB/MT = 705,743 MT.
This repeated continuous proven trend is reality & overwhelmingly means very fortunate =
Yanglin Soybean’s PROGRESSING PROSPERITY EXPAAANSION GROWTH!
Code ‘CNY’ means Renminbi=people’s currency, also RMB=Renminbi; called REDBACK in USA financial press; as ‘Greenback’ is slang for USA dollar.
One Yuan is subdivided into 10 “Jiao” (in pinyin lingo) & “Jiao” is subdivided into 10 “fen”.
1/10th Yuan = Jiao.
1/100 Yuan = Fen.
Renminbi currency symbol is (double-crossed V), but because is shred with Japanese Yen, CNY is used.
GMO Soybean Oil = 5,436 RMB/MT = 239,677 MT ~ IS UP IN PRICE TOO! ( NON-GMO is even higher prices )
> >> GO YANGLIN GOGOGO!!! >>> >>>> >>>>>
PS.
Nathaniel will see the Rolls Royce ‘Spirit Of Ecstacy’ bonnet ornament sculpture marque on his hood soon!
It’s a woman leaning forward with her arm-wings outstretched behind & above her ready to fly.
Nathaniel practically OWNS THIS: https://en.wikipedia.org/wiki/Spirit_of_Ecstasy
Called Emily, Silver Lady, & Flying Lady since 1905, a graceful little goddess of supreme delight.
JUST LIKE THE SPIRIT OF YANGLIN!!! “‘ ~ “A GENUINE CASH MACHINE!!!’
**********************************************
The Rolls Royce is still on hold.
DALIAN #1 NON-GMO UP $2,066 OVER #2 GMO!!!
TODAY 4/15/2020
Dalian China Commodity Exchange:
www.dce.com.cn/webquote/mobile/m_futures_quote_en.jsp?varietyid=a
#1 NON-GMO: CNY 5,190 / Metric Ton
#2 GMO CNY 3,124 / Metric Ton
GMO SOYBEAN MEAL: CNY 2,835 / Metric Ton
#1 NON-GMO SOYBEANS ARE NOW 2,066 YUAN MORE THAN PESTICIDE POISONED #2 GMO !!!!!!!!!
***** NON-GMO IS OVER 2,066 YUAN MORE THAN POISON PESTICIDE GMO!!! *****
( Last time I posted, #1 NON-GMO was only 300 Yuan more than #2 TOXIC GMO. )
PLUS MORE:
NON-GMO DALIAN CHINA COMMODITY EXCHANGE (( VOLUMES ARE OVER TEN TIMES )) TOXIC GMO!!!
NON-GMO #1 = 488,307 Metric Tons
GMO #2 = 45,477 Metric Tons
Yanglin Soybean ‘“Book Values’” are leaping astronomically higher & roaring to come back soon!
Buffett paraphrased from memory: ‘When you think the rules must have changed, the (recovery) time is just gotten longer.’ BUT OF COURSE! ( mais bien sûr! )
PS. Please tell Nathanial to buy more Rolls Royce wax asap...
> >> GO YANGLIN SOYBEAN GO! >>> >>>> >>>>> >>>>>>
Millions of people will march today for the environment.
—from Sydney to Manila, Delhi to London and New York will march for urgent action on climate breakdown.
WHOLESOME HEALTHIER NON-GMO ORGANIC FOOD & LIVING DEPEND ON IT!
YANGLIN SOYBEAN GROUP DEPENDS ON IT!!
YOU & ALL OF US ABSOLUTELY DEPEND ON IT!!!
THE CORRUPTION OF RAPING THE PLANET EARTH’S ENVIRONMENT MUST STOP!!!!!!!!!
“The silenced: meet the climate whistleblowers muzzled by Trump.”
https://www.theguardian.com/environment/2019/sep/17/whistleblowers-scientists-climate-crisis-trump-administration?CMP=Share_iOSApp_Other
Revealed: how US senators invest in firms they are supposed to regulate
https://www.theguardian.com/us-news/2019/sep/19/us-senators-investments-conflict-of-interest?CMP=Share_iOSApp_Other
https://www.theguardian.com/environment/live/2019/sep/20/climate-strike-global-change-protest-sydney-melbourne-london-new-york-nyc-school-student-protest-greta-thunberg-rally-live-news-latest-updates?CMP=Share_iOSApp_Other
https://www.theguardian.com/commentisfree/2019/sep/19/the-guardian-view-on-the-school-climate-strike-protests-that-matter?CMP=Share_iOSApp_Other
US and Canada have lost more than one in four birds since 1970
https://www.theguardian.com/environment/blog/2019/sep/19/us-canada-bird-population-losses?CMP=Share_iOSApp_Other
If the world ran on sun, it wouldn’t fight over oil
https://www.theguardian.com/commentisfree/2019/sep/18/climate-crisis-oil-war-iraq-saudi-attack-green-energy?CMP=Share_iOSApp_Other
For the sake of life on Earth, we must put a limit on wealth
https://www.theguardian.com/commentisfree/2019/sep/19/life-earth-wealth-megarich-spending-power-environmental-damage?CMP=Share_iOSApp_Other
PLEASE DO YOUR PART!
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
FIND A PROTEST & JOIN US TO FIGHT THE CLIMATE EMERGENCY NOW!!
SUPPORT HEALTHIER WHOLESOME NON-GMO & ORGANIC LIVING LIKE YANGLIN SOYBEAN DOES!!!
Tariff Wars = Short Term.GO ‘LONG’’ My Friends!
GO YANGLIN SOYBEAN GROUP!
CEO Shulin Liu is a genuine genius & will be proven globally forward soon.
Have you had some Yanglin plant-based ‘meatless’ breakfast, lunch & dinner Entree’s ?
Yanglin Organic Snacks??
Yanglin NON-GMO & ORGANIC everything worldwide coming soon!
CEO Shulin Liu sees these plant-based ‘meatless’ changes happening more than anyone else on Planet Earth!
His MBA allows far more forward understandings of Soybean product knowledge & revenue opportunities.
CEO Shulin Liu can SEE visualizing way more forward-thinking perceptions of opportunities than YOU.
CEO Shulin Liu knows the technology it takes for creating business opportunities that multiply balance sheets.
CEO Shulin Liu has a hugely faster realization of what’s needed for COLOSSAL EXPAAANSION GROWTH!
CEO Shulin Liu is indeed insightfully more sharper than YOU.
CEO Shulin Liu really IS technologically superior to YOU.
Never xenophobia underestimate other cultures MIND-POWER, as surprisingly most are higher intellect!
CEO Shulin Liu’s ‘SEC’ TRACK RECORD speaks VOLUMES of integrity & genius-thinking for itself.
CEO Shulin Liu had no inheritance, proven by the way his SEC documented successes were demonstrated.
CEO Shulin Liu has very savvy & sage MIND-POWER business wisdom with extremely valuable forward-thinking perception GENIUS!
GO LONG VALUE BY THEE DECADE!
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
GO YANGLIN SOYBEAN GROUP!
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
GO YANGLIN NON-GMO ORGANIC!!!
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
FORTUNE FAVORS THEE BOLD!!!!!!!!!
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Nathanial, can you be Mod there too?
USA PFAS ‘TOXIC FOREVER’ WATER POLLUTION.
( 3M Company,Chemours, & DuPont are responsible most for all the POLLUTED WATER NATIONWIDE. )
“Chemical company executives have denied responsibility for a category of toxic fluorinated chemicals that have contaminated water supplies around the US and are now found in the bodies of nearly all Americans.
Three companies – the 3M Company, the Chemours Company and DuPont – appeared before US lawmakers in a Tuesday hearing reminiscent of those with tobacco companies in the 1990s.
Democrat lawmakers on a subcommittee of the House oversight panel questioned who would pay for medical bills and massive clean-up programs, if not the corporations.
The California representative Harley Rouda, who chairs the subcommittee, accused the companies of obscuring and suppressing evidence in what he called a “seismic event” that “shakes the foundation of democratic capitalism” by “violating the trust of the American people”.
The class of chemicals, called PFAS, are in non-stick pans, water-resistant clothes, food packaging and firefighting foam. Nicknamed “forever chemicals”, they do not break down in the environment and accumulate in the human body. Numerous studies link PFAS exposure with cancer, thyroid problems and developmental issues in children.
The chemicals have been found in high levels in groundwater near industrial facilities and near military installations and airports that have used PFAS-based firefighting foam.
Congress is seeking to address the chemicals as part of negotiations on a 2020 defense bill, and the chemical industry broadly has opposed stringent regulation. Republicans on the subcommittee largely defended the companies.
Denise Rutherford, senior vice-president of corporate affairs for 3M, argued the chemicals pose no human health threats at current levels and have no victims, conflicting with a large body of research and 3M’s own internal documents. The company’s records – made public in lawsuits in West Virginia and Minnesota – underscore decades-long knowledge of the risk associated with the chemicals and an effort to avoid disclosing those dangers to the public.
DuPont’s chief operating and engineering officer, Daryl Roberts, however, said his company endorses regulation of two specific types of the chemicals – PFOA and PFOS. He said the Environmental Protection Agency (EPA) should deem the chemicals hazardous substances and set a drinking water standard for them within two years.
DuPont both used PFOA in its Teflon products and then manufactured the chemical before spinning off that part of the business into a new company, Chemours.
Chemours is now challenging DuPont in court as the company denies liability over the chemicals.
The Michigan representative Dan Kildee called the companies’ defenses “ridiculous”, and said they have “made millions and billions of dollars by selling these chemicals”, but don’t want to take responsibility.
Debbie Wasserman Schultz, a representative from Florida, told the companies: “You have sickened our first responders and our members of our military, and I don’t know how you sleep at night.”
As far back as 1950, a 3M study of mice showed PFAS building up in the animals’ blood. In 1961, a DuPont toxicologist warned the chemicals enlarge rat and rabbit livers. In 1963, a 3M technical manual deemed PFAS toxic. The evidence continued to build for years, as outlined by health advocacy organization the Environmental Working Group. At 3M and DuPont, female workers were for a time reassigned from working with the chemicals for fear of the risks to any developing fetus.
Lori Swanson, the former Minnesota attorney general who sued 3M for contamination of her state, said the company “knew about the risks of the chemicals to the drinking water, the environment and human health for decades but concealed its knowledge, subverted the science and kept pushing the chemicals out the door”.
The Environmental Working Group has documented PFAS contamination in hundreds of communities. This week the group published data from the Pentagon showing an additional 90 army and national guard installations are contaminated with the chemicals, bringing the total number of military installations with known contamination to 297.
Rob Bilott, a lawyer for people who say they were made sick by PFAS chemicals, said: “The public may only now be realizing the scope of this problem, but the companies that manufactured these chemicals have been aware of the risks for decades and failed to alert the rest of us.”
End quote —Guardian News
https://www.theguardian.com/us-news/2019/sep/11/pfas-toxic-forever-chemicals-hearing-3m-dupont-chemours?CMP=Share_iOSApp_Other
ALL THE MORE VALID REASON TO GO NON-GMO & ORGANIC WITH YANGLIN LEADING THE WAY!
GO YANGLIN GOGOGO!!!
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Stocks jump as China calms trade war.
China has taken steps to de-escalate the trade war with America, by removing tariffs from 16 types of US goods.
Beijing’s State Council announced that the items, including some chemicals, anti-cancer drugs and lubricant oils, will be exempt from its latest tariffs for a year.
However, some major US products such as soybeans were not included on the list, meaning Chinese importers must still pay a tariff.
Neil Wilson of Markets.com says China’s move has raised hopes of a breakthrough when officials meet in Washington next month.
At the very least it suggests a willingness to engage seriously in these talks. Nevertheless I think we remain a long way and even a presidential election away from a deal.
On this note, economics professor Barry Eichengreen argues that America’s central bankers must warn that the trade war is hurting the US economy.”
End quote. —Guardian News
https://www.theguardian.com/business/live/2019/sep/11/sovereign-bond-yields-trade-war-brexit-annuities-ecb-business-live?CMP=Share_iOSApp_Other
YANGLIN IS WRANGLING FORWARD WITH EXACTING CERTAINTY OF PROGRESSING PROSPERITY!
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
France’s ROQUETTE & VERDIENT INTO SOY PROTEIN TOO!
IN FRANCE, YOU KNOW WILL BE SOLELY NON-GMO ONLY; just like many globally are already.
YEAH BABY!!!!!!!!!
GO YANGLIN GO!!!
>>>>>>>>>>>>>>>>>>>>>>>>
SOY PLANT-PROTEIN INDUSTRY IS ON FIRE WORLDWIDE!
AND GUESS WHAT?
YANGLIN SOYBEAN GROUP HAS A COMPLETE MONOPOLY ON NON-GMO 1.4 BILLION CONSUMERS IN CHINA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
BURGER KING & KFC Started SOY PROTEIN IN NOV!
Already THOUSANDS & THOUSANDS of restaurants worldwide sell SOY PLANT-BASED ENTREES!
Are you ready for YANGLIN SOYBEAN GROUP?
YANGLIN WILL SOAR SKY-HIGHER SOONER THAN YOU THINK!!!
RIVAL / BAYER Invested In SOY Plant-Based Entree’s!
WOW!
W0W!!
WHOA BABY!!!
SOY PLANT-BASED MEATLESS PROTEIN IS ON FIRE WORLDWIDE!!!!!
GO YANGLIN YEEAH!!!!!!!!!
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Toronto Maple Leaf LIGHTLIFE Foods Is Into SOY Entree’s!
Plant-Based ( Meatless ) SOY PROTEIN MARKET IS ROCKETING FASTER & FASTER!!!!!!!!!
MARFRIG Gobal Foods SA invested in SOY Entree’s!
CORTEVA Seed Investing In SOY Protein Entree’s!
SOY PROTEIN PLANT-BASED (Meatless ) SURGING DEMAND IS ROCKETING WORLDWIDE!!
GO WHIRLWIND YANGLIN GOGOGO!!!
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
ADM Investing BIG In SOY PROTEIN Entree’s!
BIG AG ‘BUNGE’ INVESTS IN SOY PLANT-BASED BEYOND!
https://www.reuters.com/article/us-food-meat-alternative/big-ag-wants-a-cut-of-booming-fake-meat-market-idUSKCN1VU11B
“WINNIPEG, Manitoba/CHICAGO (Reuters) - Bunge Ltd, one the world’s biggest grain traders, recently disclosed the 1.6% stake it had purchased in the fast-growing fake-meat startup Beyond Meat.
The play looked smart after the stock surged more than 250% since the faux burger and sausage maker’s initial public offering in May. Indeed, Beyond Meat’s (BYND.O) market capitalization of $9.9 billion is now larger than Bunge’s (BG.N), a 201-year-old firm with 31,000 employees.
No wonder many top agricultural firms want to grab their cut of the booming market for plant-based fake meat. Bunge’s investment is just one example of how grain traders and seed companies are trying to capitalize on a market that now accounts for 5% of U.S. meat purchases - a share expected to triple over a decade, according to investment management firm Bernstein. That growth would mirror the fast ramp-up of milk substitutes made from crops such as almonds.
“I definitely think this is going to continue to drive demand,” said Vince Macciocchi, president of the nutrition group at Archer Daniels Midland (ADM.N), one of Bunge’s chief rivals.
((( YSYB HARBIN STORE SELLS MULTIPLE SOY PROTEIN POWDERS BY THE TONS!!! )))
ADM and privately-held grain trader Cargill are selling processed peas and soy proteins to consumer food companies and restaurants that use them to make vegetable burgers, sausages, fish substitutes and other faux-meat products.
They are also getting into the business through acquisitions and corporate partnerships or by leveraging their labs and research capabilities to help make new plant-based products for clients including food and beverage makers.“ End quote ~ Reuters
HARBIN CHINA YANGLIN’S STORE HAS BEEN SELLING ALL KINDS OF SOY PROTEIN POWDER ( BY THE TONS ) FOR YEARS NOW!!!!!!!!!
GO YANGLIN GOGOGO!!!
>>>>>>>>>>>>>>>>>>>>>>>
TYSON’S 2020 Plant-Based Soy SHRIMP!
PLANT-BASED PROTEIN MARKET IS SOARING RIGHT NOW MULTI-THOUSANDS OF RESTAURANTS!
Tyson alternate meatless SHRIMP ~ IPO RAISED & ROOTED due in 2020!!
Seafood is thee largest source of PROTEIN GLOBALLY with 150 MILLION METRIC TONS YEARLY!
JUST ENORMOUSLY COLOSSAL FOR YSYB YANGLIN SOYBEAN GROUP!!!!!
BOOMING YANGLIN HAS IT ALL FORWARD!!!!!!!!!
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
“Seems world's ending, but America has reason to hope.”
“It may feel like the world's ending – but America has reason to hope.” SEE LINK AT PAGE BOTTOM.
Plenty of good reasons to hope: Conglomerate Yanglin Soybeans Group! YES! YEEAS!! YEEEAS!!!
(( Watch the company & it’s huuuge global streams of promising probable revenues, NON-GMO plant-based meatless entree’s & markets developing forward & current, NOT PRICE HYSTERIA & SEC MALFEASANCE !! ))
PORK PRICES IN CHINA HAVE DOUBLED!!!!!!!!!
African Swine Fever has created a 10 million ton shortage! ( TEN MILLION TONS!! )
Vice Premier Hu's remarks included a number of items that rarely appear in government-approved documents for public consumption:
The ASF virus is now endemic in China.
According to Hu, unannounced investigations found large numbers of dead pigs where no disease had been reported, indicating that the actual number of ASF cases exceeds the number reported.
Hu acknowledged that China's pork supply situation will be "extremely severe" during the 4th quarter of this year and first half of 2020.
The Chinese government estimates that the country will have a 10-million-metric-ton deficit in pork supply this year.
Premier Hu said the projected 10-mmt deficit exceeds the amount of pork traded in international markets.
PORK/HAM HAS JUMPED OVER $4/LB IN CHINA NOW! EXPECT GLOBAL PORK PRICES SKY HIGHER SOON. Yanglin has over 30,000 premium select hybrid NON-GMO hogs, at soaring prices too.
Another tough decade is beginning, so remember ““RECOVERY HAPPENS’” MY FRIENDS!!!!!!!!!
Yanglin expaanded ( 10X ) TEN TIMES IN LAST DECADE, despite a very severe ‘Great Recession’ too!!!’
Buffett's storied business career began at age 6. ... “So if you wait for the robins, spring will be over.”
https://www.theguardian.com/commentisfree/2019/sep/07/it-may-feel-like-the-worlds-ending-but-america-has-reason-to-hope?CMP=Share_iOSApp_Other
Soybean Plant-Based Milk NEW Rising 13% Market Share!
NON-GMO SOY MILK IS BOOMING EVEN HIGHER!!
GO NON-GMO YANGLIN SOYBEAN GOGOGO!!!
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
So much healthy wholesome NON-GMO YANGLIN brand goodness multi-varieties steadily soaring higher now.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
China pork prices up 30%! October trade talks next.
“Investor sentiment was boosted by an announcement from China''s Ministry of Commerce that trade negotiators from China and the U.S. will meet in Washington in early October, ( no longer in September. )
The ongoing pork shortage in China prompted Jinzi Ham to raise prices of its products by 10-30%.”
—sourced content E*TRADE.
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Yanglin Soybean Group has 30,000 SELECT PREMIUM HYBRID PUREBRED HOGS!
More revenues & profits for conglomerate Yanglin Soybean Group!!
GO YANGIN!!!
>>>>>>>>>>>>>>>>
“Trump shows fake hurricane map in apparent bid to validate incorrect tweet.”
( Prez care-less golfing during hurricane devastation rights? )
https://www.theguardian.com/world/2019/sep/04/trump-hurricane-dorian-alabama-sharpie-map?
IS CORPORATE WORTH OUR TRUST? ( Nope! )
CMP=Share_iOSApp_Other
Understanding GMO Victims Litigation By ‘Proxy Representation’.
IMHO:
In regard to Bayer/Monsanto’s 18,400+ & GROWING victims litigation yet to come, this “proxy representation” is a ‘case study’ extremely useful to us shareholders; as applied to Bayer/Monsanto, et al.
USE THIS AS A PROXY REPRESENTATION TEMPLATE OF LITIGATION CASE UNDERSTANDING:
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https://www.morningstar.com/articles/944872/what-opioid-litigation-means-for-healthcare-stocks
QUOTED:
“What Opioid Litigation Means for Healthcare Stocks
It continues to inflict pain on drug manufacturers and distributors.
Sep 4, 2019
Mentioned: Reckitt Benckiser Group PLC (RBGLY), Mallinckrodt PLC (MNK), Walgreens Boots Alliance Inc (WBA), Endo International PLC (ENDP), McKesson Corp (MCK), Costco Wholesale Corp (COST), Johnson & Johnson (JNJ), Allergan PLC (AGN), AmerisourceBergen Corp (ABC), Cardinal Health Inc (CAH)
Across the United States, there are thousands of civil cases, mostly in state courts, represented by state prosecutors to compensate families who have been hurt by the opioid epidemic. The plaintiffs in these cases are accusing drug manufacturers of actively marketing addictive drugs and pharmaceutical distributors of failing to detect or report suspicious opioid orders. Many of the defendants in these cases are generic drug manufacturers, pharmaceutical distributors, and retail pharmacies that we cover. The three pharmaceutical distributors we cover--AmerisourceBergen (ABC), Cardinal Health (CAH), and McKesson (MCK)--handle roughly 90% of the drugs dispensed across the country. Their sophisticated IT infrastructure allows them to track and manage the supply and logistics of drugs. As a result, a key role of the distributors is to track drugs and provide copies of drug orders to the Drug Enforcement Administration. Historically, this role didn’t require policing, but in the opioid civil suits, distributors have been accused of marketing and profiting from the distribution of opioids. The prosecution teams allege that the distributors should have alerted the DEA of suspicious spikes in opioid volume, a step over and above the required reporting. Walgreens (WBA) was included with this group as the company has a generic sourcing joint venture with and more than a quarter equity stake in AmerisourceBergen. There has been considerable speculation that the distributors are in active discussions with prosecutors with proposed financial settlements ranging from $3 billion to $15 billion for each distributor. The distributors should be able to absorb the proposed fines as long as they are spread over multiple years. The first opioid case was settled in 2007, when Purdue Pharma agreed to the Justice Department fine of $600 million for the intense marketing push of a branded opioid drug, OxyContin, in the 1990s. Subsequently, Purdue also settled with 26 states and Washington, D.C., for charges of overprescriptions of OxyContin. In the years through 2017, there were at least eight state and federal opioid settlements where the defendants agreed to pay large fines, including Mallinckrodt (MNK) ($35 million), Costco (COST) ($12 million), McKesson ($163 million), Cardinal Health ($78 million), Cardinal Health and AmerisourceBergen ($36 million), and Purdue ($24 million). These cases were settled in aggregate for nearly $1 billion over a 10-year span. More recently, financial demands have accelerated, fueled by political and social activists advocating for companies to compensate families affected by the opioid crisis. In the most recent civil cases, settlement sums have loomed over $2 billion. In a local Oklahoma court, Purdue and Teva Pharmaceutical (TEVA) reached out-of-court settlements for $270 million and $85 million, respectively. On Aug. 26, an Oklahoma judge ruled that Johnson & Johnson (JNJ) be fined $572 million, but the company plans to appeal to a federal court as a result of “abusive discretion” by the local judge, who is an elected official. We understand that Purdue and Teva settled out of court to avoid the potential negative sway onto the significantly larger federal case pending in hard-hit Ohio. In addition to these Oklahoma cases, two generic drug manufacturing companies, Endo (ENDP) and Allergan (AGN), settled in Ohio for $10 million and $5 million, respectively. Reckitt Benckiser (RBGLY) also agreed to settle with the U.S. government for $1.4 billion. The over $3 billion in cumulative settlements for these settled or decided opioid cases have not been financially crippling to the defendants. This does not include legal fees in mounting their defenses; for instance, we estimate that Teva spends roughly $50 million-$100 million annually. Unlike the prior civil cases, the federal court in Ohio has proposed the consolidation of roughly 2,000 civil cases from across multiple districts, or approximately 85%-90% of opioid cases in the country. This trial is scheduled to kick off Oct. 21, but considerable leaking of proposed terms suggests that there are active settlement negotiations in play that continue to exert significant pressure on relevant healthcare stocks and will probably be an impetus to settle. This consolidation of cases is similar to the landmark multidistrict litigation created in 1991 that was related to the over 100,000 civil personal injury and wrongful death cases against asbestos manufacturers, notably Johns Manville. Multidistrict litigation cases are tried en masse on behalf of the plaintiffs that are “similarly situated” at the federal level to improve efficiency. Because of the large number of parties involved, the civil trials are scheduled to occur in multiple tracks. Overall, the defendants anticipate the federal court to be a more neutral venue relative to local courts run by judges who have a special interest in collecting the largest fines from drug manufacturers and distributors to improve changes of re-election. Although active negotiations in Ohio are behind closed doors, unidentified sources have indicated that Purdue may be exploring an unprecedented $10 billion-$13 billion settlement for deceptive marketing of the most well-known opioid painkiller, OxyContin. The Purdue case is front and center as the company actively marketed branded opioids with aggregate revenue of more than $35 billion. As in the asbestos multidistrict litigation, the defendants filed for bankruptcy protection, which is a strategy Purdue may or may not pursue. Many of the other defendants in the opioid litigation have been very attentive to events transpiring in Ohio to prepare their respective defenses. Based on the figures presented by the DEA, Purdue manufactured only 3.3% of the opioid pills during 2006-12, but unlike its larger peers, the company actively marketed these branded drugs. Teva manufactured 0.9% of the opioid pills distributed throughout the country during this period, while Actavis, a company Teva acquired in 2015, manufactured 34.5% of the opioid pills distributed during this time frame. Although the opioid pill counts for Purdue are relatively lower than the other manufacturers listed, the prosecution appears to be aggressively targeting Purdue as all its opioid drugs were branded and heavily marketed. Drug manufacturers spend significant dollars to market branded drugs, which is likely the crux of the civil case. Unlike branded drugs, generics are significantly cheaper formulations that are sold based on price and not actively marketed. As a result, we think generic manufacturers that have produced larger quantities will likely not be penalized as heavily as peers with branded opioids. AmerisourceBergen is the second-largest distributor and is growing faster than its peers. The DEA has indicated that AmerisourceBergen is the distributor with the fourth-largest volume of opioid prescriptions during 2006-12 (9 billion pills), while Amerisource distribution partner Walgreens was estimated to be the second-largest opioid distributor (13 billion pills). Amerisource’s growth is largely driven by its larger exposure to specialty drugs and improved sell-through of services into Walgreens. AmerisourceBergen’s operations have been hindered by remediation costs for its compounding business (acquired in 2015), but the continued success in specialty is probably masking any of the drag. For the next five years, we forecast cash flows of more than $2 billion. Cardinal Health is the smallest distributor, with growth driven by an increasing specialty mix. The company has been hindered by the integration of prior acquisitions, especially in contract manufacturing of commodity medical devices. The DEA indicated that Cardinal is the distributor with the third-largest volume of opioid pills (11 billion). We model free cash flows of over $2 billion in the next several years. On Aug. 20, the company filed a prospectus with the Securities and Exchange Commission for an unidentified mixed shelf offering (common, preferred, and debt securities). We suspect that this filing is to pre-empt the need to fund a proposed opioid litigation settlement. McKesson is the largest distributor and continues to be challenged in its U.K. and Canada segment. As a result, we anticipate the company to grow slightly slower than its peers. The company is the least leveraged and is forecast to generate the largest free cash flows in the next five years at $7 billion. The DEA indicated that McKesson is the distributor with the largest volume of opioid pills (14 billion). Because it is relatively highly leveraged, Teva is the company we cover that has been the most negatively hit by opioid litigation. Our current estimates assume a settlement of approximately $1 billion. However, in light of recently accelerating settlements, we have taken a closer look at our cash flow forecasts. As of the second quarter, Teva had $26.5 billion in net debt. We estimate that Teva will generate approximately $8 billion in cash over the next 10 years, with the leanest years in 2021 and 2023 due to debt maturities. It will probably not need to refinance until the maturation of three senior notes of roughly $4 billion in 2021. We have conservatively assumed the blended interest rate will increase from 3.3% in fiscal 2019 to 8% in fiscal 2021. The shares are more than 70% off their 52-week high, reflecting significant uncertainty surrounding the opioid litigation, and are trading at 3 and 2 times price to 2020 and 2021 free cash flow, respectively. We think the shares will remain highly volatile until the resolution of the Ohio trial, but we believe Teva is undervalued, and we maintain our fair value estimate of $15 per share with a very high uncertainty rating."
End quote. -- Morningstar 9/4/2019
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Conglomerate Yanglin Soybean Group has obviously seen the rocketing trends of meatless plant-based Soybean entrees at thousands & thousands of restaurants across the globe worldwide.
GO 1.4 BILLION POPULATION CHINA YANGLIN!
FOR AN EXAMPLE OF CHINA’S INCREDIBLE EXPAAANSION GROWTH:
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NO. 99 FANRONG STREET, JIXIAN COUNTY
SHUANG YA SHAN CITY
HEILONGJIANG PROVINCE
People's Republic of China, 155900
(Address of Principal Executive Offices)
86-469-4693000
(Registrant's Telephone Number, Including Area Code)
As of April 8, 2013, there are 24,586,049 shares of common stock, par value $0.001 per share, outstanding.
Shulin Liu, is founder, Chairman and Chief Executive Officer of Yanglin. Mr. Liu is involved in Yanglin's overall management and is responsible for establishing strategic directions. From 2002 to present, Mr. Liu has been the Chief Executive Officer, Chairman and Director of Yanglin when its name was changed. From 2001 to 2002, he jointly established Jixian County Golden Land Oil Company Limited (predecessor to Yanglin) with Ms. Huanqin Ding and Mr. Shulin Liu and had been the Chief Executive Officer, Chairman and a Director. From 1996-2000, he was manager of Jinxian County Longfu Food & Oil Trade Co. Ltd., Xiwang Feed Company, Jixian County Tianlin Food & Oil Co. Ltd in Jixian County. From 1992 to 1996, Mr. Liu was appointed General Manger of Jixian Construction Material Food and Oil Trading Company. Prior to that, from 1983-1992, Mr. Liu assumed the positions of supervisor at the Shuangyashan Jixian County Land Authority, supervisor of the Minerals Resources Management Station, and manager of Labor Service Company of Land Bureau of Jixian County. From 1980 to 1983, Mr. Liu worked as a government officer in Shuangyashan Jixian County, Fuli Town. Mr. Liu holds a Master degree in Enterprise Management from Heilongjiang University.
http://www.forbes.com/profile/shulin-liu/
Soybean Oil and Soybean Salad Oil
Soybean oil is obtained by the extraction of oil from soybean seeds. Soybean oil contains various vitamins, minerals and unsaturated fatty acids which are essential to the well-being of the human body. It is an important ingredient in products such as salad dressings, margarine, paint and medicines. The price, adaptability and performance of soybean oil make it appropriate for a broad range of food, chemical and medical manufacturing applications. Soybean oil refers to Grade IV oil, as compared to the more refined salad oil. Both oils are for human consumption.
Soybean Meal
Soybean meal is manufactured by grinding soybean flakes which remain after removal of most of the oil from soybeans by a solvent or mechanical extraction process. Soybean meal is an important raw material used in the animal feed and farming industry due to its high protein content and edible characteristics. Given the PRC's closer proximity to customers in Asia, there is a growing demand for PRC produced soybean meal from countries such as Korea and Japan. This in turn has led to an increase in demand for our soybean meal products.
Concentrated Soy protein
Soy protein, protein extracted from the soybean, has been used since 1959 in foods and for its functional properties. Concentrated soy protein, as one of the three kinds of proteins, contains 70% soy protein. It retains most of the fiber of the original soybean and is widely used as functional or nutritional ingredient in a wide variety of food products, mainly in baked foods, breakfast cereals, and in some meat products. Because soy protein concentrates are available in different forms and very digestible, they are well-suited for children, pregnant and lactating women, and the elderly. They are also used in pet foods, milk replacements for babies (human and livestock), and even used for some non-food applications. Recently, soy protein popularity has increased due to its use in health food products, and many countries allow health claims for foods that are rich in soy protein.
Yang Nan was appointed as the Chief Financial Officer of the Company by the Board of Directors of the Company effectively on December 26, 2011. Prior to his appointment as the Chief Financial Officer of the Company, served as an auditor at Baker Tilly, Beijing, China from October 2010 through October 2011, where he prepared audit papers, drafted and reviewed consolidated audit reports and notes and implemented and reviewed testing procedures relating to sales, procurement and production. From September 2009 through September 2010, Mr. Yang served as a Deputy Manager at LSC Business Consulting (Tianjin) Co., Ltd. From January 2008 through September 2008, Mr. Yang served as the Chief Accountant to Maxwell Alves Solicitors, London, United Kingdom. Mr. Yang received a Master of Science in International Accounting from the Anglia Ruskin University, UK in July 2009 and attended the London College of Accountancy from January 2004 through July 2007. Mr. Yang is a member of the Association of Chartered Certified Accountants.
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