Asberry 22 Holdings Inc (ASHI)

[bernardsamuel]

First, I know I will owe someone here an apology for not giving them proper attribution for what was their idea first. So to whoever suggested that the PLY folks could be utilizing VHUB as the vehicle for turning the limited liability company PLC into a corporation that can be publicly traded, first I think you may turn out to be correct, and second, I apologize for not giving you proper attribution here. There are just too many historical posts to read through this late at night in order to find the right person to cite.

I did not realize earlier (and this too was brought up by the poster I've been referring to)that foreign companies are particularly fond of using the reverse merger technique to go public. ...and here we have PLY as a China-based company.

So, armed with these fragments of knowledge, I remembered that FINRA or SEC had cautioned folks about the temptations that come with reverse mergers - and I actually found the article:
reverse mergers

Now that doesn't mean that any shenanigans are going to happen in the case at hand, namely VHUB, but since VHUB went into existence as a publicly traded company via doing a reverse merger into the Dog Inn shell, there actually is some history here.

...all of which is a long way of my trying to answer the major question on this discussion board as to why VHUB would be selling at such a tremendous discount to what many of us imagine ought to be the transaction-price demands of the major shareholders.

The question I would have for the seasoned folks here is whether there was a time when your instincts sort of told you that there may be a pump and dump ahead, but you stayed with the stock in the belief that you could exit at the pumping stage and not get stuck at the dumping stage.

...and again, everything else aside for the moment, this stock probably still has 8 million shares held by Fife/TCA. These are very savvy people who aren't going to get caught in some trap and would certainly use their influence to make VHUB's transaction "surgically clean" at a high exit price.

I don't know if I've moved the ball down the field at all with this post, but I do think I've made some sort of case that there's lots of uncertainty here, and that's what could be driving the discount in VHUB's price from what our various assessments of what a buyout price out to look like.

Good night to all, and good luck!