Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Sheila, Edward, and Satan as well as DoubleDouble have had their monikers identified in my complaints with the SEC, as noted in the previous message.
My voice cannot be silenced.
YBCN Stock Alert
Main board here has taken my work out of context.
https://investorshub.advfn.com/Yong-Bai-Chao-New-Retail-Corp-YBCN-7534
Below is a snapshot of what was removed. My voice was silenced from abuse of power and overreach.
Officials with the SEC are being notified of concerns. Tips of foul play can be submitted here:
https://www.sec.gov/tcr
My Two-Pronged Investment Thesis
1,000 shares long of QSR and 9,000 shares long TAST
Total investment as of this time stamp of 8-27-22 is approximately $78,000 at a current market valuation of $80,000.
Investment highlights:
1. Returning 7% to shareholders at today's price of $60ish - Witih a 4% div. yield and having bought back 3% of its shares this year so far, that's a true return of 7% given back to shareholders on a growth story.
2. Strong FCF on a strong franchise model ensuring stable CAFD for decades to come.
3. Perfect shield against inflation and recession resistant. The main inflationary pressures such as commodity and operatig costs costs are on franchisees of the business. Fast food is more resilient in recessions since fast casual diners can "downgrade." Hence, less price elastic than say fine dining, and fast food proved to be a good place to be in the decade of the '70s known for its stagflation.
4. Only one weak spot currently remains for Burger King, which is the largest income driver for QSR, and that is domestic franchisees that are experiencing flat comps (unlike the fantastic results of their International footprint). A big plan to rejuvenate the brand in the US will be unveiled in September, a month away at the time of this post.
5. TAST is a *booster* to turbo-charge this already great investment in my opinion.
Burger King's largest franchisee, which always outperforms US comps as a whole is Carrols (TAST), so they should be a beneficiary from QSR's renewed focus in rejuvenating the brand. From a contrarian perspective, it will inflate the returns on QSR dramatically when the two are tied together in a portfolio like this one with significant weight. Since TAST's units are over 90% BK units, which are the one sore spot for QSR domestically speaking, an improvement in gross margins there would be dramatic. So, the alignment of interests are there to turn this around, and both have good management.
6. BONUS KICKER: New mystery brands to be bought in the future. My personal hope is that they buy RAVE (Pizza Inn and Pie Five) one day since that is a 100% franchise model itself and would help my stock there (another unrelated investment), and give them a pizza chain they can ramp up expansion on with a much stronger capital base. Although it's probably too small at this time to be on their radar. Yet, what a great a way to go head to head with Pizza Hut one day.
QSR
08/24/22 Bought 1000 of QSR @ $47.50 (Order #2033) Unassigned -47,500.00
08/24/22 Option Exercise 10 QSR Jan 20 '23 $47.50 Call(QSR) Unassigned -
06/13/22 Bought To Open 10 QSR Jan 20 '23 $47.50 Call(QSR) @ $4.41 Unassigned -4,415.10
04/08/22 Sold To Close 10 QSR Apr 14 '22 $50 Call(QSR) @ $9.50 Unassigned 9,494.83
10/27/21 Bought To Open 10 QSR Apr 14 '22 $50 Call(QSR) @ $7.72 Unassigned -7,725.10
Translation: 1000 shares purchased at net avg. cost of $51.91 -- Bought a reservation that expired due to lack of funds for dream stock, but *luckily* made small profit. Then made a new reservation and exercised it early when sufficient funding was available.
TAST
04/27/22 Bought 1000 of TAST @ $1.67 (Order #1955) Unassigned -1,670.00
04/18/22 Bought 1000 of TAST @ $1.9568 (Order #1951) Unassigned -1,956.80
12/01/21 Bought 1000 of TAST @ $2.6466 (Order #1850) Unassigned -2,646.60
11/19/21 Bought 800 of TAST @ $3.05 (Order #1849) Unassigned -2,440.00
11/19/21 Bought 200 of TAST @ $3.045 (Order #1849) Unassigned -609.00
10/05/21 Dividend CARROLS RESTAURANT GROUP INC CASH DIV ON 5000 SHS REC 08/25/21 PAY 10/05/21 Unassigned 2,050.00
08/13/21 Bought 2000 of TAST @ $4.276 (Order #1786) Unassigned -8,552.00
07/15/21 Bought 1000 of TAST @ $4.78 (Order #1772) Unassigned -4,780.00
06/03/21 Bought 100 of TAST @ $5.715 (Order #1647) Unassigned -571.50
06/03/21 Bought 900 of TAST @ $5.7185 (Order #1647) Unassigned -5,146.65
Translation: Bought 9,000 shares over the course of a year for an avg. cost of $2.88 per share ($3.11 per share * 9000 - dividend)/9000.
1. You really don't know what's happening. The letter is fresh, and he wasn't able to talk to Banderas and Pappas according to his letter. We don't know if they are in discussions now or not.
2. It's not possible to conclude if Pappas and Banderas bought in or IFFF Denver Smith proposed it. But with Denver's allies and his recent buying, Pappas and Banderas, it doesn't take a big percentage of the retail investors to get in board. And the onlne consensus there is pretty clear. There is that path.
3. It's not that logical to conclude they see no way out of the mess. Banderas put up $3M of his own money last year. That's not very long ago and the landscape hasn't changed. Whatever he saw then, he sees now. And #2 is another fork in the road and way out. If they don't take it, that too is most likely bullish. Or, it means they were duped. Which I dn't find logical, but it may be a good coping mechanism for others that may have been duped. The more logical thing to concluce is that these high IQ's that may or may not be on the same page as Sam now -- or Sam on board with them now -- is that an intelligent plan fails. And that's called risk. And the floor is not that far below. It's only 20 cents. Unless someone were to have all their eggs in this basket, no reason to panic as the nervous nellies around here 24/7.
4. The fact that the stock doesn't trade high enough means they have no liquidity, as I noted. And that they are underwater, as I noted. So, they are stuck. That's bullish to me. A fire under their rears and a short runway without taking on more debt or more dilution at their own expense. It's called having Mr. Market in a headlock.
5. It's not obvious what, if anything, Denber presented or whether or not the board supported it or an agreement was reached. There will be a plan. There always is. And the fact that there is no way out for them but crash, burn, or fly, is good enough for me.
1. You really don't know what's happening. The letter is fresh, and he wasn't able to talk to Banderas and Pappas according to his letter. We don't know if they are in discussions now or not.
2. It's not possible to conclude if Pappas and Banderas bought in or IFFF Denver Smith proposed it. But with Denver's allies and his recent buying, Pappas and Banderas, it doesn't take a big percentage of the retail investors to get in board. And the onlne consensus there is pretty clear. There is that path.
3. It's not that logical to conclude they see no way out of the mess. Banderas put up $3M of his own money last year. That's not very long ago and the landscape hasn't changed. Whatever he saw then, he sees now. And #2 is another fork in the road and way out. If they don't take it, that too is most likely bullish. Or, it means they were duped. Which I dn't find logical, but it may be a good coping mechanism for others that may have been duped.
4. The fact that the stock doesn't trade high enough means they have no liquidity, as I noted. And that they are underwater, as I noted. So, they are stuck. That's bullish to me. A fire under their rears and a short runway without taking on more debt or more dilution at their own expense. It's called having Mr. Market in a headlock.
5. It's not obvious what, if anything, Denber presented or whether or not the board supported it or an agreement was reached. There will be a plan. There always is. And the fact that there is no way out for them but crash, burn, or fly, is good enough for me.
Authorized Shares
Let the record reflect that the OS is only 1M shares shy of the authorized shares as noted here:
https://www.otcmarkets.com/stock/YBCN/security
The record dated 8-26-22:
Authorized Shares
190,000,000
08/22/2022
Technically, the shares shouldn't be allowed to move above the authorized share count without a shareholders voting on the matter. In fact, that's the whole reason AMC found a loophole in APE, which is essentially a convoluted way to raise its authorized shares that got the NO VOTE -- thumbs down from its shareholders.
YBCN, however, is a dictatorship. Wang Fei can decide and it's only a simple filing that's needed. A mere formality. Wang Fei exerts full control with majority control, so it's really not going to be a public's company in that sense. IFF you ever see this move up, assume the position.
I wonder how they are going to pay stock promoters now that Yang and Friends took all the shares for some chump change. I hope that doesn't mean we don't get professionals.
Disaster...
If they had come out on the OTC in May and not become a hog, maybe we could all be enjoying nice profits today. This is pathetic behavior in my eyes. Just jacking around is all I see them doing. Dragging their feet...
I don't see it going there, FireMed, but it sure doesn't hurt to have an order there. It's twice as much as what Yang Li and friends paid. I guess that means we care twice as much! :)
Hopefully it puts some pressure for a market marker to reach down below. But I don't know all their micro dynamics. Just doesn't hurt, and it covers all basis. The stock can fall or go up. Either way, a way to take advantage. But, yes, don't forget to SELL as an option as DD noted. Because if the stock flies up, don't be a bag holder. I don't think it will stay up when it does, but we can cross that bridge when we get there IFFF they ever become a transparent company. At this pace, that might be years away. So, the longer they jack around, perhaps the capitulation percentages rise!
For sure, the front loaders are diamond hands. Maybe one will get a margin call or something, and we can get a bonus at twice Yang's price!
Based on DD's logic, btw, it might be prudent to have the stock go to .002. That would certainly discourage any potential buyers according to the field of behavioral finance.
3,352,963 Shares Now:
Remaining order a .006 order filled:
Buy 120000 FNQQF Executed @ $0.006Aug 26, 2022 9:31 AM ET
Buy 50000 FNQQF Executed @ $0.006Aug 26, 2022 9:31 AM ET
Buy 20000 FNQQF Executed @ $0.006Aug 26, 2022 9:30 AM ET
New order set at .004.
Learn to fly, or serve me at .001 eventually.
I just punched Fineqia(FNQQF) in the mouth:
The remaining amount of my 200,000 order just filled this morning in premarket:
Buy 120000 FNQQF Executed @ $0.006Aug 26, 2022 9:31 AM ET
Buy 50000 FNQQF Executed @ $0.006Aug 26, 2022 9:31 AM ET
Buy 20000 FNQQF Executed @ $0.006Aug 26, 2022 9:30 AM ET
I just lowered it to .004 with a newly entered sucker punch. Remember, this is the GOOD one of my Good/Bad/Ugly list. For YBCN, I'm trying to kick them in the n#t$ at .001.
I don't reward bad behavior. Not from the good, the bad, or the ugly. They can learn to duck and fly, or they can pick their teeth up off the ground and assume the position.
Speaking of unaddressed complaints:
Just one of the same few people that care like me posted something today:
https://www.douyin.com/video/7136052624243100928
They must not have much to talk about, which is concerning also. It seems to corroborate the company article I posted yesterday about having a tough year and stagnant. But at least Quige cares. And posted more about last week and put it to GOOD MUSIC. I like the song.
Who else is going to show care this week? Anybody?
EndToEnd also posted the same video and song. I bet hat's probably End's song selection.
https://www.douyin.com/video/7135990168040819983?modeFrom=searchResult
So far, the high-speed rail has carried the brand of Yongbaichao sauce wine, and its routes have covered Sichuan, Guizhou, Yunnan, Guangdong, Zhejiang, Fujian, Hunan, Henan and other provinces, basically completing the task of deploying and serving the national marke
She actually put effort into typing a caption! Is she coming back? Is she one foot in and one foot out too because she's getting tired of the company spinning its wheels and going nowhere?
I have a million-share purchase order at .001. And it's not a scheme. If you have Level II trading, which I have but don't use, you could probably see it. It's just a voluntary disclosure. Also, still invested by the amount of whatever the front page says I have.
It seems that by your definition, any comment is "manipulation." I have a very balanced approach to this stock. I want it to go up, in fact. I care more about this company than Wang Fei it seems. I'm tired of going cross-eyed looking at our lump of coal of a stock price. I want them to start creating value for all of us. That's not a scheme. That's my truth.
That was probably a bunch of Chinese investors that were at the conferences or had family members talk about it, and the one that *also* had access to American brokers. Just a hunch. And they came flocking here to get in first, which according to the dates on the video was around the time EVCC was unveiled.
And, as I noted before, not a single one of them lifted a finger on this board or anywhere else to explain themselves. Unlike us, always giving truthful helping hands to the public.
As I said, they aren't our friends. It's a very one-side relationship. No good deeds go unpunished. Just watch your back! When we have no more usefulness, they'll dump you like a lump of coal. But right now, they need our bullish sentiment. Which, they aren't going to get from me until they address this boards valid complains. Like, what part of the $50,000 is goign to go towards addressing our neglected websites? When are they going to start the REAL journey to list and get this show on the road? In short, when are they going to stop jacking around and get serious?
I wouldn't call that his trump card. His trump card is probably exactly how Denver Smith spells it out in his scathing his letter: His shares and his buddy on the board. US Foods is a business deal, and they are not one voice, and I'm sure this business arrangement isn't all personal. The deal doesn't stand or fall with our CEO. It stands or falls on the business. Is it good or bad for them? That's how they have always looked at it and always will I'm sure.
As for him burning down the business as his "trump card," then he shoots himself in the foot. All his shares go down in flames with him. Or, he could stand to benefit like the rest of us with his removal. *Assuming* Pappas and Banderas see eye to eye with Denver Smith. The votes are there.
Either way, doesn't matter. They may see lift off. Or, *everybody* crashes and burns with Sam. Which is the only way it should be. Vested interests on the titanic are underwater already, so it's a very fair arrangement as I see it. I say let the cards fall where they fall.
Returning 7% to shareholders at today's price of $60ish
With a 4% yield and having bought back 3% of its shares this year so far, that's a true return of 7% to shareholders. And a growth stock no less with strong FCF!
Hope they buy RAVE (Pizza Inn and Pie Five) one day since that is a 100% franchise model itself and would help my stock there, and give them a pizza chain they can ramp up expansion on with a much stronger capital base.
It is indeed par value of .001. It's not a relevant number, but it's easily found on the balance sheet: Common stock ($0.001 par value). On the 10K too, but they are irrelevant numbers. Usually it's 01. A company could still issue shares below par with a liability, and in this case, they just set the par to rock bottom. Just means they technically can't issue shares below .001 without a per-share liability, but nothing prevents them from doing so. Par value on stock, unlike bonds, have no real meaning in today's world.
In this case, they merely did a 55 million share issuance at rock bottom par. Which, Yang and 3 others paid a total of $50,000 for. This is fact. So they paid par value, which is .001. Just happens that they paid rock bottom price that is equal to its rock bottom par value. Both are true statements. That's less than $15,000 each. That tell you what they think of the company and how deep they had to reach into their pockets. Was that hard to scrape up pennies, or they just don't care that much? Remember, this happens in May when the company was claiming it would go Nasdaq to its partners.
Wang Fei is still majority vote so ultimate dictator. He diluted the company massively, giving Yang and friends about 30% of the company for a mere $50,000 for a "Nasdaq" company. These are all truth claims. Not libel because truth is an absolute defense to all libel claims. This is irrefutable truth. As far as the SEC, I challenge you to bring them to my footsteps so that I don't have to do it myself. Who do you think they are going to be concerned with? Me or you?
What exactly does an alleged Nasdaq qualifying company need $50,000 for? So much so, that it was willing to give up 30% of its company for it. To insiders, no less, rather than somebody like me that would have given them $100,000 for 10% perhaps. They didn't even try to ask, so are they just desperate for $50,000, when they blow through $40,000 a quarter jackign around to keep the lights on? What's your spin on this?
In fact, that's what we need. Spin doctors! For 55 million shares, wouldn't it have been a lot smarter to come public and issue 10 million shares to 5 good stock promoters? Wouldn't that be better for our stock price to get the show on the road? Or are we waiting on Yang Le and taking care of a buddy system first? Are we going to have to wait for her shares to be freely tradeable now? Pre-Madonna Yang?
No, it's not the par value as it clearly says here:
On May 3, 2022, the Company sold and issued a total of 53,550,000 shares of the Company’s common stock at a purchase price of $0.001 per share, to the following four shareholders: Lu Zhengpeng, Li Xiaoping, Mi Ruifen, and Yang Li.
The key words here are "purchase price." Par value is usually a default of 01 and just a formality these days. It's from days of old and just included in legalese for all practical purposes.
This was a true purchase at .001, so that's her valuation of the company. She could have paid .01 per share and received 5.3 million shares. Or, paid up like us to 2 cents a share and received 2.5 million shares. Or rather, *they* chose to do this. I call that the buddy system. I would have given them twice the amount of money for half the dilution, but they didn't go to the public. That's extreme greed to me. The three of them raised money internally. Two on the BOD, and one obviously in close relations (ie, buddy). That's mega dilution at our expense. So, BUYER BEWARE stands.
A very BAD capital structure here as I see it. Certainly does not have our well being in mind. By those actions, I feel "loathed." You probably don't want to know my complete unbarred thoughts here as, believe me, I do a lot of biting of the tongue around here as it is.
One has to wonder what kind of "negotiations" went on behind the scenes here. Did Wang Fei get on his knees and say, please, please, please make it .002? I beg you. I'll kiss your feet even! 25 million shares is enough dilution. It's only $50,000. NO, screams Yang, .001 or nothing!
Or, did go something like this? Yang Li offers .002 and Wang Fei says, PFFT. Ehhh,make it 55 million shares at .0001. We are in this together, me and you!
Did anyone ever think to themselves: Hmm, I wonder if we could raise $1M at 2 cents? Perhaps from their own partners, even? It's not like they have to look far and wide.
QSR to $100?
That's the thesis of this article, and I like it:
https://seekingalpha.com/article/4536776-restaurant-brands-international-firing-all-cylinders-near-term-growth
Analyst consensus at the time of this writing: Around $64 per share with about 14 analysts covering the stock. Closing price today: Low 60s.
Love that chicken from Popeyes
I grew up in New Orleans where spicy actually meant SPICY HOT. Not the Popeyes I knew, but still darn good!
It's Good to be the KING
I'm 1,300 shares long in QSR between two brokers. And about 11,000 shares in TAST, Burger King's largest franchisee, between two brokers.
That's quite an investment and I love these brands! Almost $100,000 between the two tickers at today's date: QSR at $61 per share and TAST around $2.20 per share.
Can't wait to see what new mystery brand we buy in the future.
Wang Fei Confirms everything I said today:
https://mp.weixin.qq.com/s/5L_eLh5RBfWrDHdc5D-J_Q
This seems to be an admission that this year has been FLAT and one of depression. This seems to be his clarion call to all partners to GET OFF YOUR ASS and GET TO WORK!!
Covid is to blame, but I reject that excuse. Just excuses. In Texas, we are going to work and business is thriving. Just grow your network, posts on Douyin with creative and positive expression, open 3 more clinics and retail units, and go public. It's not that hard. You just get a good lawyer and make videos. And hold conferences. Pass the offering plate. And hire competent stock promoters. 10 of them! Use whoever Spicy Pickle was doing.
Let's get it together please! {{snapping fingers}}
I've actually had some advanced accounting and finance classes. Although, neither were my major.
The Deed is Done!
This is my middle finger to today's silence acoss the entire network. Except for Zhong1 showing us her patronage to our clinic. Thank you, Zhong. For being one of the few beacon of lights out there.
Meanwhile, anybody with Level II trading can verify this when it is officially entered by my broker in the morning tomorrow. For all practical purposes, the order has just been palced
Buy 1000000 YONG BAI CHAO NEW RETAIL CORP COM (YBCN) $0.002$0.002 Limit Good for 60 Days $0.025 $0.04 $0.04 Open
1 MILLION shares for .002. Twice as much as what Yang Li thinks the company is worth by her actions. I hope somebody comes down to meet me. I outbid Yang Li! Unfortuneately, I was not allowed to participate in any fund raising activities. I guess I'm not in the buddy system
He would also cut off his nose to spite his face in such an act of sabotage. He is a big shareholder after all. Hence, one reason he is able to stay in power for as long as he has. It would not do him any good to burn down his legacy, which would be the last legal claim to his pot of gold. Which he has been hording all to himself so far.
Same reasons China is hesitant and most likely won't invade Taiwan.
I just think he'll have to be shown the door by force. And then, say, Adios and don't let the door slam you on your a$$! Goodbye and good riddance!
That would corroborate those pictures of mine that showed complete neglect of our space at my local Target. Out of everything and kids' toys laying around in disarray.
I think you have a great stock here. Don't sell! I say that with no shares, but perhaps I'll be back in the future. I just exercised on my wish this morning:
10 QSR Jan 20 '23 $47.50 Call Exercised Aug 24, 2022 10:05 AM ET
1000 shares of QSR -- all mine now. Forever! I feel like a little kid on Christmas morning! I'm so excited.
I have other things on my wish list like Morgan Stanley and Taiwan Semiconductor Manufacturing (TSM). I need my dormant volcanoes to erupt, gosh doggit! I'm tired of waiting on everybody to move when all this value is out there.
Probably you are right. But in return to their lack of caring, I think we should give them the same lack of respect and care. That does indeed seem to be their MO -- self serving in all actions that I'm seeing. The capital structure, the lack of interest in their carrot, hypothetical gag orders, etc. Of course, lack of care in their carrot may come back bite them and may explain the missing PENG and others.
They also failed to shatter my dreams. I exercised my reservation on QSR this morning:
10 QSR Jan 20 '23 $47.50 Call Exercised Aug 24, 2022 10:05 AM ET
I rebuke them! That expands my leveraged purchasing power too. I canceled my .022 order or whatever it was the other day. I may place one at .0002, a 100% premium to Yang Li. Because I obviously care at least twice as much more than the owners themselves.
I don't think that necessarily follows. The votes are there. The math works out as I showed before. Poison pill, if any, is a moot point.
The fact that Denver Smith has been buying significantly still in the mid 20s, Bandera's fresh cash infusion in the mid 30s on the line and his close relationship to Pappas all point to a different conclusion. Despite what it may seem on the surface, which would be a jumping to conclusions. None of them are running to the exits and all underwater.
All bullish. They do indeed have some inflationary pressures. They do need to improve margins. They have an incredible p/s, so there is leverage there if proper measures are taken. It is very cheap. It's going to work out somehow. Too many high IQ's that will trump Sam. Sam may indeed get with the program. With or without him, I think the smarter DNA, of which there is an abundance, will prevail. Truth will prevail.
Blue is exceeding my expectations here:
Posted today:
https://www.douyin.com/video/7135043733476674851?modeFrom=userPost&secUid=MS4wLjABAAAABGDQvVww5XzLfSCtTpemvbYjnqfhmr1Rw5jZ9epvbvQ
I seem to have underestimated him. What is he showing us here? Is that his house? Or is that some kind of new retail unit? It has a water fountain inside. And a desk. Kinda/sorta the type of layout we've seen in the offical stores. But no signage outside. Either, his decorating tastes are very YBCN focused. Or, it's maybe a new franchise? It has a bed, which suggests he sleeps there. But, is it both?? What exactly are we seeing here? Any speculation from you guys? Maybe the water fountain gods have given him their blessings?
It's from Blue, so I guess that's why it's coming in so frazzeled and scattered. This is how his brain works. But, I'm impressed whatever it is. He is a true disciple. I'm glad I decided to take him into the fold of the network. Then again, I have a severe labor shortage here. I'm taking anybody with a heartbeat. Almost. That stewardess nutcase is too frazzled to get in. I can't even understand what she is trying to communicate in some illogical/incoherent manner.
Hmm, maybe this is a YBCN club that doubles as his house? Maybe his room is behind that signage, tucked away? A potential minimalist deciding to consolidate rent and business lease into one? That would be efficient... Not sure what to conclude from this.
Every Day found her voice today:
https://www.douyin.com/video/7134965177262329124
Is it possible that they *might* be having a change of heart? Possible we are seeing an improvement in attitudes and morale? I really hope so for everyone's sake.
Li Junp as a message for investors!
https://www.douyin.com/video/7135037913036786956
Engaged in investment business as a trustee's responsibilities: "I would rather lose my clients than lose my clients' money". This is an indispensable self-cultivation for value investors, because reputation is the life of an investor. Whether others can trust you and help you depends largely on your reputation. Be my client and let me spoil you!
That's the kind of work ethic I want to see! She'll be to work status in no time with that kind of attitude. And the bar is sooo low, it should only take one more video within a week to make it!
She probably has no idea about her valuation at .001 by her leaders such as the fearless Yang Li, but the Kool-Aid probably tastes great! I guess we should be happy that the same share count didn't cost her $5,000 at .0001. That doesn't even sound like a Confucius type teaching at all. Must be corrupt Western influence. Well, at least they are on their way to be good capitalists!
I guess it's so bleak that they couldn't muster up a PR this time. First time no spin. What does that say between the lines? I hope it says Pappas and Banderas are conspiring with Denver Smith and his allies.
If Sam "mysteriously" disappears without a trace, I wouldn't lose any sleep over it. Just saying....
They reported.
I wish I could find a silver lining in there somewhere. Ramped up sales significantly, but still can't improve gross margins or cut costs where they matter. I guess they expect to make up their losses in volume.
On the bright side, Banderas and Pappas and Denver Smith are not idiots. I know that's the prevailing wisdom here, but I faith that there will be a coup d' etat!
Bundeep speaks to "rock bottom financing" and his capital raise of 1 penny at Fineqia. Note how he refers to 1 penny as being "rock bottom" yet is 10 times higher than .001. So, I think YBCN qualifies for true "rock bottom" here. LOL Plus, he made this offering available to anyone outside of the US. And he is referring to these investors as proxies for their ideas and input I think.
We, on the other hand, gave a true rock bottom to our own insiders. That irks me still, in case y'all haven't noticed. Smacks of ethics issues to me.
https://themarketherald.ca/fineqia-international-inc-csefnq-upsizes-private-placement-2022-08-08/
That's a good little speech. I don't know if Market Herald is paid sponsorship or not. Third article that flew off my radar. He says capital raise ending soon next month. As I said, everybody is making moves on the post I'm responding to. Just to re-iterate, I'm starting to track who moves and who doesn't. So far, everybody is still in same place. Is YBCN going to get in on the action coming soon I think? I don't know. They need to make some moves too. I want to compare all progress below at end of year to see where we stand:
--------------------------------
_________________________________________________
THE GOOD
FNQQF - $29,000 profit. 112,000 *free* shares remain
UPDATE (new purchase) 3,152.963 total shares @ avg. cost of .00763
Price as of 8-14-22 : .006 --- CURRENT PRICE: XXX
Releasing PRs, hired new CFO, in the process of a capital raise
THE BAD
AVNI - $128,900 profit. 1,580 *free* shares remain
UPDATE (new purchase) 74,660 total shares @ avg. price of .204
Price as of 8-14-22: .25 -- CURRENT PRICE: XXX
Released a PR on 8-3-22 about business progress and plans
IVFH - 61,025 shares at .306 avg. cost.
Price as of 8-14-22: .29 -- CURRENT PRICE: XXX
Possible Proxy War about to ensue based on filings. CEO under heavy pressure
THE UGLY
YBCN (changed from EVCC) - $36,599 profit. 2,716 *free* shares remain
UPDATE (new purchase): 670.369 total shares @ net cost $13,200.
Price as of 8-14-22: .04 -- CURRENT PRICE: XXX
Can't seem to pull their head out of their a$@
NROM - 136,400 shares at .42 avg. cost
Price as of 8-14-22: .19 -- CURRENT PRICE: XXX
Nepotism and lack of corporate governance
_______________________________________
LET THE GAMES BEGIN!
PS. Would be nice to see Wang Fei make some videos like this speaking to shareholders and addressing stock price and why this would be a good place to invest. So that our stock can go UP!
Another video released 8-8-22 that I missed:
https://themarketherald.ca/fineqia-international-inc-csefnq-upsizes-private-placement-2022-08-08/
This is a better interview with Bundeep.
Definite interest, and I think that would be a great buy. I'm just not going to for completely different reasons. I'd love to if money were not object. Just want to maintain a comfortable margin cushion. I have cash-secured puts, the majority of which don't expire until January. And I'd rather not close them out, because that would just cost me money to do so.
And, I recently bought another 1,000 shares of RMCF at $6.80 and another 10,000 shares of our common experience at IVFH at .25 just because of Pappas, Banderas, and the now disgruntled Denver Smith. And I had bought another 1,000 shares of PCYO after selling MICS, which is $11,000 right there. And bought more penny stock NROM.
So, the first two alone account for all the equity I had here prior with MICS. Plus the extra buys. I love MICS at this price. Just love everything else too. And want to keep a very safe margin cushion. Until one of my dormant volcanoes explodes eventually. Nothing against MICS though. Would love to have it also.
Of course, a drop below $4 would be irresistable and I'd just have to take that risk. Probably could raise that to anything below $5 after tjhis quarter. But, yeah, this price at $8 I think is very fair.
Fantastic quarter! I was stuck in doctor's office for annual checkup and couldn't comment. Surprised at the pullback too, but I imagine that is due to the entire market being down. Dow dropping 400 points against this backdrop doesn't help.
Ault's mystery projections of $52 million annual sales could have been a forward projection which didn't occur to me. Now that number is suddenly very doable. All those fears of recession were erased by Wal-Mart, as I was saying. This is a good beat to overall common sense expectations. Blowing our normal 1st quarter sales precisely because of these new deals, which is what I've been saying on the record.
I'm not in the stock, of course. IFFF I had my 1,000 shares, I would have only experienced a max of $2000 paper gains in the beginning of the day. And who knows what at close. Good fundamentals though.
Agent Rolodex Update 12
59 confirmed to high degree certainty: YBCN members. Add more to list if we missed some or discover more.
VIP LIST:
Yongbaichao New Retail (Shenzh) OFFICIAL CORPORATE-LOOKING ACCT
https://www.douyin.com/user/MS4wLjABAAAARt-UERGwyMTtkHa-ZX5h0P635rfo7fQJLTkehviR_6N57oHep2GExlW5lUjSKYog
Allow
https://www.douyin.com/user/MS4wLjABAAAAfqPIZ8W2YmMxq6-ZW-a5hrdf4Eo9T8rtK9omB3M-X8U
End to end
https://www.douyin.com/user/MS4wLjABAAAAC3DiUIMN3yo8SDcJeKx-9XI-xnzu9_DkZoNBtDCGOVY
Find your way home
https://www.douyin.com/user/MS4wLjABAAAAyCn0T_eh3Hi-0CX-8gXQw8tWmOlK3JT8Rqg0VpsvzsUzv81vMTGfXyfeK2hje7SF
National Chain One Bell
https://www.douyin.com/user/MS4wLjABAAAAxlBbxHa3CCxSKLPbQckeULMQQo-D5qv8BSFEAgJRr_o
One Bell
https://www.douyin.com/user/MS4wLjABAAAAEhx1SwK20bJBdkzoR6LkwOO-RNRwanfG2OW7p77JQ0Y
Agent Orange
https://www.douyin.com/user/MS4wLjABAAAANlqB-rU-cElX5GCxhgsS87h45Ss263_LG2vqWsVtbMs
Tian Hongqiang
https://www.douyin.com/user/MS4wLjABAAAALBTJX2fUR8KuIIiK8JSjcVZlOVwahPkPWmMiuOGzXcXO1JWShDeIYf12in7Qd3Mi
Zhong Chuanju
https://www.douyin.com/user/MS4wLjABAAAAeTIcs0IKWk3dN6rN2Uhh4Al4mWzpVyL4f-hju2VweHU
Zhong Songming
https://www.douyin.com/user/MS4wLjABAAAANPxxGkXsHnKebbql-d65qMQHk0utvM4G-ZW3u3VfNzE
Miss Lin Lang
https://www.douyin.com/user/MS4wLjABAAAAmmnqUVe6z-GdGZDUTaOrGBh_CkxwlBwowQEKz8zwTyc
Sister Hua
https://www.douyin.com/user/MS4wLjABAAAAN8Cg6ww3iD-tlOnzwOfaZtlRFsNZN6gO6zVRCaXWUms
Let's Become Beautiful and Rich
https://www.douyin.com/user/MS4wLjABAAAAxLmf9d3gqQxqXUWHVXyDPHZcRnUtTexjM9sx2fN1yX2agqbZNO_VqbAly7iKVUtt
Peng Li
https://www.douyin.com/user/MS4wLjABAAAAwtOqqx9cDM3qx05ijBk5amtbbFqGfrWMmASP45LmWI0
WORKERS: (Seem more active than slackers but do not shine as brightly as VIP members in their abilities to deliver good intel)
Immortal
https://www.douyin.com/user/MS4wLjABAAAAZPNAAZCls75MI9R4keYi1uOxBAfiM0e79yIyIuocD5c
Ingots
https://www.douyin.com/user/MS4wLjABAAAAR6c-HKJgL4Fdm_2nCVNDYJy-EKtwJVYY_NypyTy4RDX-f6o6Mp7Yfg-J9MqdTll2
Slight:
https://www.douyin.com/user/MS4wLjABAAAAz_HPwR8-qjS0shzHN2q3r8Bls46ttUGqb5FSU6iHJZ8?relation=0
Hibiscus
https://www.douyin.com/user/MS4wLjABAAAAyRnJfz4gQbdVxJySmo2OXUAjuLOPeI1V40AhqikPfro
Guiyang Yunyan Hancheng Sau
https://www.douyin.com/user/MS4wLjABAAAAfGfLGLdMWy-flWnFlvpN-pPIA-6Wsv-p8HtSQ1rPgBQ
Chen Xiaoyi
https://www.douyin.com/user/MS4wLjABAAAAXS6ESI6-IDWouuT586699eQLKG_L2ACZKFpxHLQkRGo
Wang Qin
https://www.douyin.com/user/MS4wLjABAAAAQbcSAoTgZYA01HzW2hqCo4mwvSIK2vXhRiImoAKjKKFR8V7iUrh1pe8CLGFewp1r
MARY
https://www.douyin.com/user/MS4wLjABAAAAqmhmkjLjvmjslNFKHpRHLMtzQ0zl5Xz3V8C1jTqX-kA
Jiang Meng
https://www.douyin.com/user/MS4wLjABAAAA8EPiDqbTyJx00B8hYDlbpAxnd50euQmbASJNE4TgOOR4Rg8H_r8F2kSLWR4nSh53
Kangda car decoration maint
https://www.douyin.com/user/MS4wLjABAAAA7neEbo58f32kQWFpaz0rFDWJurEbsKuB8XOG2OgihwY
XFS
https://www.douyin.com/user/MS4wLjABAAAAdYyG93-E7Q552C1MZIbaP0oSWS31egxsluuaao9Yrbs
CHINESE YOU-TUBE LINKS
For YongBaiChao
https://www.ixigua.com/search/%E9%9B%8D%E4%BD%B0%E6%9C%9D/?logTag=4be9d7509d510c23a07d&tab_name=pgc
For Clinic:
https://www.ixigua.com/search/%E5%A3%B9%E5%80%8D%E5%B0%94/?logTag=594535e3690f17a88cdb&tab_name=search
_______________________________________________________
Slackers: Less Active Known Affiliates
Ah Pan
https://www.douyin.com/user/MS4wLjABAAAAtb5muUrGhymWb_XEoYbRMtg2XtdVzEfAMRG6OMOcNLk
Bittersweet
https://www.douyin.com/user/MS4wLjABAAAAV3eeQdvf62c3C6yxYpgYt47aG5gY1uj9za-TojYEYJc
Blue Slow Life
https://www.douyin.com/user/MS4wLjABAAAABGDQvVww5XzLfSCtTpemvbYjnqfhmr1Rw5jZ9epvbvQ
Cai Chengyu
https://www.douyin.com/user/MS4wLjABAAAARNb6fmq5KybwJ_0S5xVGZym8j0zPDwWkIP3bVppmGeE
Chase
https://www.douyin.com/user/MS4wLjABAAAAr_2beEhx5zt5tIoJpxZiMrkIxb2scWPsW9lq4RgdT1M
Chen family boss
https://www.douyin.com/user/MS4wLjABAAAAbP20qLBSsAEVtkoL8nbFVXsLN-OK8fl9jliiDcuxMo_5QpaS2-046Nh6WpEs6Wbo
Chen Shao
https://www.douyin.com/user/MS4wLjABAAAAGG_BUvrcVaoTwE7GIlay2En4ZJE_t5w0LhIwg1pCY_A
Cloud with the Wind
https://www.douyin.com/user/MS4wLjABAAAAtjtpj0qTktvvuTLD_P3aNvn_JseunMToJo1B8o2a9Ms
Confident
https://www.douyin.com/user/MS4wLjABAAAA--73jvjA6RTNEIobrCxRaUKskLjoEaJFz_V2yzT1ZBQ
Every day
https://www.douyin.com/user/MS4wLjABAAAAshOIwjNg4GbSNd36wRplRkfDYKD2cT1WMp1nRvyORWU
Forget the past
https://www.douyin.com/user/MS4wLjABAAAAZJ0bT8n6ehCqQRs9kY7rxS0RG87dbPe7D8-TvPXME_s
He Xiujun
https://www.douyin.com/user/MS4wLjABAAAAnKrkCxbguvZJksxG9WM3ZrOp2pdNbUmo5aKn_4o3-O4
It's All Guests
https://www.douyin.com/user/MS4wLjABAAAAB4Npj65ps_vKDfNU_sulRoqEcT12ytn4T-73tiPSSFo
Li Junp
https://www.douyin.com/user/MS4wLjABAAAAzeheayYBVrEfKPTwjd00DhP-xixlBdVbeDajjQdR9-8
Li Ruyu
https://www.douyin.com/user/MS4wLjABAAAAvSMcg4tccihTmnYEvGgT4E4f9yIMoLNflgRHJeYiBDg
LoveToRun
https://www.douyin.com/user/MS4wLjABAAAAp2_Aei5NBVMd0kHArg5-HaBp4qQ9aYd4jQqVZ7hpjlg?relation=0
Money Management
https://www.douyin.com/user/MS4wLjABAAAANVyrA5tTQTZmUhYbn5yOCtLskJOqp21E8YMgbCwhUOA
Mother of 11
https://www.douyin.com/user/MS4wLjABAAAA22zh_gd9DrsEIaaNEZGwBxj80eMg04rkH48CGYJnQCA
Mr. Ho
https://www.douyin.com/user/MS4wLjABAAAAxbDpNURg75eUwE5awBUC_3ExvuoDtmcf0is3x0LvwAg
Qian Duoduo 368
https://www.douyin.com/user/MS4wLjABAAAAUnNET13UEQFOrHcvWS0_VFN72qxO4H2HGkuiwpYTxJ8
Qiyue Douyin records life
https://www.douyin.com/user/MS4wLjABAAAAmDP1PFtW5FiWXu09jz3dki3biBWcJyX__xzGRDTOZqE
Sauce wine iron powder ball
https://www.douyin.com/user/MS4wLjABAAAAP1PvWLBOHUC21cKZVELCzM3f9YLf8VIUWn1qF5sOD7exM0acnGxKR1iY89Dal281
Sin Day 2
https://www.douyin.com/user/MS4wLjABAAAA7MpY54rs0_DH2Sua5OyMsY83zObmD4pK68np5POBgQKQFpRgfsoyzDaXF1EfIvu0
Sunset Drunk
https://www.douyin.com/user/MS4wLjABAAAAaSExZ3M07GzVBRSjvNst0hGaGDKw8cZSYmAvLnd7-Cw
Super Dad
https://www.douyin.com/user/MS4wLjABAAAAxT0QVraz3x_4kCvJp7YNf0txhi18dknfx_KI5aKACn4
Sweet
https://www.douyin.com/user/MS4wLjABAAAAUPviX59lTJEuEt0RIYyZgisSRB8EwIcFKuuXck3hkSY
Twelve
https://www.douyin.com/user/MS4wLjABAAAA9u8Nhs81TNoklw8Fiy_yuxXwC_B-EW7sQo2oTMQjL0o
User 797545658551
https://www.douyin.com/user/MS4wLjABAAAATkUeZVXaEQKNEIXvbmrPeXBtyuvMEOLcApnuH9t6KWg
Wang Yongyan
https://www.douyin.com/user/MS4wLjABAAAAdnK9Rs6u4y-X5ScxbUv6T6NampIHVEk0T6NlsKz-ILk
Worth It
https://www.douyin.com/user/MS4wLjABAAAAGRp2VucGc66MC_cpqg40cIcGYs5WMyMRA49en_q-lUQ
Yang Jianling
https://www.douyin.com/user/MS4wLjABAAAAIOlXrUkaz7p_4baalTxOorWacDw91zjJ9moR0qvDvw4?relation=0
Yong Bai Dynasty
https://www.douyin.com/user/MS4wLjABAAAA1zAbcivMJlcGCsipF_k2L21OAAMhs-tfgl4J4-kIO5A
Xie Jianqiang
https://www.douyin.com/user/MS4wLjABAAAAcLf-SNcJW4mOvyoabi1QgP8yunTfW9N7e6Ahw-kEdR0
@??R
https://www.douyin.com/user/MS4wLjABAAAAvMlL9b15W9V2NdFbXGQ3eAQmK9NXJrUMTPKq6F9nyVY
AWOL: Formerly identified as YBCN members but either deleted their account or deleted related videos. Hope lingers that they return home one day.
Healthy and happy
https://www.douyin.com/user/MS4wLjABAAAAD0PUtBoGTtq9BjyZSLVLT5akXSMRhi0BNMix1WAvV2E
Onebel Qr.
https://www.douyin.com/user/MS4wLjABAAAAN5a3oImmyedmu-W17RQZvKvidaM-fBP1w3ZRdCrEPxVDTDGR92Jc4gotM7tmhCJz
Agent 667
https://www.douyin.com/user/MS4wLjABAAAAuhiJXpAnZ0A7Gtz6BEWBXKCCQKeLVdn1TSAAy4KXvHE
Miss Hu (70780198)
https://www.douyin.com/user/MS4wLjABAAAApaZcjhXnp9KQjucZFB4KrPgM-_1TtCFIzoxI2HN5Faw?relation=0
Amorous Prince
https://www.douyin.com/user/MS4wLjABAAAAxmyZbiOFJBCDEOEb_hBd3OwpCwZZkhGprfkhp0gU10w
Yan Ze
https://www.douyin.com/user/MS4wLjABAAAAAWc2nORDMBUR3nW5m2dMpUB4tgFPSm04dmqCQwoyQT8
Xiaohongshu, also known as Little Red Book
User 1
https://www.xiaohongshu.com/user/profile/59fb0b7fe8ac2b6341bc238a
User 2
https://www.xiaohongshu.com/user/profile/5b03e12c11be10600ce86644
#57 - New Member and clone of Zhong 1?
When I said I hope Zhong clones herself, I didn't mean for her to take me literally. But if she did, thank you! Maybe an experiment to see if clones can become the same persona too? Same soul and work ethic??? Fasctinating. Or this Zhong1's twin sister??
Chen Shao
https://www.douyin.com/user/MS4wLjABAAAAGG_BUvrcVaoTwE7GIlay2En4ZJE_t5w0LhIwg1pCY_A
One new YBCN related video. Acct goes back to January of 2019. Did Zhong recruit her twin? Or is that Zhong hiding with a multi-account? Do my eyes deceive me? Please be a clone!
I missed this 8-15-22 posting from EveryDay. I feel like she had set it to private. How did I miss this:
https://www.douyin.com/note/7132299188267748645
Nice little slideshow. First picture from the nice video that NatonalOneBell created for us last month or so. The only true step forward I've seen all year. She has some nice commentary.
IMAGINE this: If our carrot was a shiny diamond and not a lump of coal. One that dangled in front of them and pulled them along. A shiny carrot (ie stock price) that they can all point to and say, see, this is what you are missing out on. Rather than face questions like, why can't you guys move forward? Wouldn't common sense dictate that you'd rather have a CARROT that is NOT a lump of coal? And get a stock moving UP so that Allow can use her prior slideshows and say to the fool on the sidelines, what were you waiting for again???
Do we want to get serious yet?
IS AGENT ORANGE BACK???????
I'm going to cry from happiness. Agent Orange was a VIP agent gone AWOL. Did he come back? One foot back in? He posted about us. Erased all his prior good intel, but has one transmission only about our train day last week. POSTED TODAY:
https://www.douyin.com/user/MS4wLjABAAAANlqB-rU-cElX5GCxhgsS87h45Ss263_LG2vqWsVtbMs
Yan Ze is still Awol. But I'd love to see put Agent Orange back on VIP status where Sunset used to be. Before he too abandoned us. Maybe Agent Orange got tired of the misinformaton campagn too? But does he have money on the line? Is he one foot in and one foot out?
Agent Orange, come back! You can be a double agent! Look what his message says:
Warm congratulations on the complete success of the high-speed rail titled [Yongbaichao] debut (Guangzhou-Xiamen)! [celebrate] [celebrate] [celebrate] #do not forget the original intention to move forward
I want to stress this phrase: DO NOT FORGET THE ORIGINAL INTENTION TO MOVE FOWARD
Another implication that they stopped moving forward, in direct corroboration to our observations and my interpretation here. Is his one standing video a testiment to only one foot in as caution to test the hostile waters? Does he want his investment back, like all of us?
Are they ready to stop jacking around and start moving forward again? Are we ready to get serious yet?
Not to fret. One of our spies has given us an idea of when they will come public:
XFS
https://www.douyin.com/user/MS4wLjABAAAAdYyG93-E7Q552C1MZIbaP0oSWS31egxsluuaao9Yrbs?modal_id=7119632755469684005
Yangbaichou is about to be listed, he claims.
Okay, so, FRET! He makes this claim on July 12th, two weeks prior to the date of July 27 when a hearsay claim was made by a poster that they will go public.
So, what we can we conclude from our "competent" spies:
1. Their understanding of "soon" is best described in the context of "Jesus is coming soon."
2. These claims are made after May, which was already a time-stamped falsehood on the record claiming to go public in May.
3. Their words are dirt. So, anything they say, we have to treat as dirt. They created this precedent themselves. Making claims and not following through. Note again how when they were making claims for May, this big deal happens in May. Which I'm certain was not spontaneoous. Having such a hard time to raise $50K, which would be implied a .001 valuation from insiders, that they planned to go Nasdaq in May? That's a hard pill to swallow.
4. Still no movement on their company websites have been made. I would surmise that any true teltale signs of a real emergence "soon" as I would use the term through proper English understanding is when we see a real working investors relations section on their website. The sites that have been in neglect since their first discovery. Deferred maintenance is not a good sign of financial health either in my eyes.
HOWEVER, there are some market forces working in our favor to kick the words of dirt in to high gear. Or, die.
1. They have at least $500,000 invested in this shell so far to my recent memory. And they continue to bleed here, racking up those investment losses. That would be $350K from Wang, $50K from Yang Lie and friends, $40K for this year so far, plus all the other money in legal fees and whatnot over the last few years since 2019 when Wang Fei bougth this shell.
CLEARLY not ready and never were ready as I see it.
2. So, that is their gun to their head. $50K that went to Wang Fei's personal checking acct. way back in May has had 3 months pass to bleed more into this shell. And so, do they want to keep jacking around and go up as high as a $1M to recoup when they can't even invest in their own websites, it seems? Or do they want to get serious?
3. May is only 9 months away when the next 10K is due. Somewhere in that vicinity as I seem to recall. That requires much more scrutiny and reporting and time and costs in preparation. So, do they want to do get their act together before then or after then? "Soon" could be one week or one millenium, so we can only count on the market force of a gun to their head. The more of our time they waste, the more they bleed.
So, to remove all DIRT testimony, which to me all their testimony is about moving forward since they already lied once and didn't come clean about it, is that only we can trust ourselves. And I trust the market forces here. That we all die, or they get it together. And I have great genes, so I feel confident that I will be a centennarian studied one day, so they can't smoke me out. They will die first.
So, I will go on record to say that they will die trying, or emerge sometime "soon" as in next week or within the next 60 years.
Also, a little concerning that they can't afford to open a free checking account.