Yanglin Soybean, Inc (fka YSYB)

[sunsailor]

YSYB Accredited Investor Requirements HERE are $1M+
As clearly stated on YSYB 10K, 3/31/2008, page 24 below:
"To the extent the price of our common stock remains below $5.00 per share or we have net tangible assets of $2,000,000 or less, our common shares will be subject to certain “penny stock” rules promulgated by the SEC. Those rules impose certain sales practice requirements on brokers who sell penny stock to persons other than established customers and accredited investors (generally institutions with assets in excess of $5,000,000 or individuals with net worth in excess of $1,000,000). For transactions covered by the penny stock rules, the broker must make a special suitability determination for the purchaser and receive the purchaser’s written consent to the transaction prior to the sale." ~YSYB 10K quoted. 3/31/2008
https://www.sec.gov/Archives/edgar/data/1368745/000114420408019136/v108873_10k.htm

If you don't meet the below SEC requirements, you should consider other investments elsewhere.
Index Funds are most often recommended, or bank CD's being best other choices.


"In the United States, to be considered an accredited investor, one must have a net worth of at least
$1,000,000, excluding the value of one's primary residence, or have income at least $200,000 each year for the last two years (or $300,000 combined income if married) and have the expectation to make the same amount this year. The term "accredited investor" is defined in Rule 501 of Regulation D of the U.S. Securities and Exchange Commission (SEC) as:
a bank, insurance company, registered investment company, business development company, or small business investment company;
an employee benefit plan, within the meaning of the Employee Retirement Income Security Act, if a bank, insurance company, or registered investment adviser makes the investment decisions, or if the plan has total assets in excess of $5 million;
a charitable organization, corporation, or partnership with assets exceeding $5 million;
a director, executive officer, or general partner of the company selling the securities;
a business in which all the equity owners are accredited investors;
a natural person who has individual net worth, or joint net worth with the person's spouse, that exceeds $1 million at the time of the purchase, or has assets under management of $1 million or above, excluding the value of the individual's primary residence;
a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year; or
a trust with assets in excess of $5 million, not formed to acquire the securities offered, whose purchases a sophisticated person makes."
Proposed new accredited investor class for hedge funds:
The SEC has considered a change to the definition of "accredited investor" to create a new class of potential investors: "accredited natural persons". The proposed changes would stipulate that an "accredited natural person" must be both "accredited investor" under the existing standards and also own not less than $2.5 million in investments (as currently defined in the Investment Company Act for purposes of the Section 3(c)(7) exemption) on the date an investment is made. The $2.5 million test will be periodically adjusted for inflation."
End quote.

GO LONG! ~ GO VALUE!! ~ GO YSYB!!!
FORTUNE FAVORS THEE BOLD!!!!!

“It’s waiting that helps you as an investor, & a lot of people just can’t stand to wait. “If you didn’t get the deferred-gratification gene, you’ve got to work very hard to overcome that.” ~ Charlie Thomas Munger