Wednesday, March 08, 2017 7:27:14 PM
The address in China is where the directors reside. But it's the same address and the same directors who work for the parent. And that's the government. Not some crook who will run off with our money.
They are dissolving Yasheng Group. What is left, is Gansu Asia-America trading company, which is a subsidiary of HERB located in China. They own the 5 plantations. That's us too.
Seems the only option is to buy us out. Get rid of us. For a fair price. If they don't, they will be stuck with us. Meaning, they can't transfer any money to the parent.
So they have to file first. It happens a lot that companies don't file and go dark. But most of them don't have any money. It's not an option for HERB. They have loads of money and they only have to acquire 17% of the shares. Either that, or be stuck with us. Which again, is not an option. So let's see what happens. Let's see what these losers are up to.
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