Yong Bai Chao New Retail Corp (YBCN)

[SecretMillionaire]

Great eye, Rich!!!

That email takes me to a Chinese website too that I can't read. Consistent with the original filing at SOS with the mystery address. And consistent with this:

https://www.dallasnews.com/business/business/2015/02/05/as-little-sheep-hot-pot-brand-loses-steam-in-china-texas-locations-expand

I never heard of the chain. Apparently YUM Brands bought it, and it's a China based company. But they took a massive hit. It wasn't good for Yum, BUT franchisees in America are advancing. And for a penny stock like this, IFFF this is a franchisee trying to come through, this is really good. Then I want to know how many locaitons he already has, if this is true. This is looking legit, IFF it's a franchisee. That address matches up. It's in business. On the surface, that what it appears to be. Unless somebody is just renting space in a backroom and sharing an address. I lean to Little Sheep. It would be legitimate.

The class action is real, but I've been through those. Most things settle. My beloeved Diedrich Coffee settled for 1M.

The key words here are:

Meanwhile, the U.S. Little Sheep business, which is run by franchisees, continues to advance.