News Focus
News Focus
Followers 124
Posts 36717
Boards Moderated 0
Alias Born 04/19/2012

Re: snow post# 156926

Wednesday, 08/07/2019 5:30:09 PM

Wednesday, August 07, 2019 5:30:09 PM

Post# of 163761

You have yourself suggested that the current listing may be discontinued any time. How will the provincial authorities communicate with shareholders if that happens?



They don't have to say anything. All they have to do is deliver.

Suppose Solomon is sitting on $500M and buys out the minority shareholders for $200M. Or suppose he sells the company for $10/share. Does it matter whether he is still OTC or the registration has been revoked by the SEC? I don't think so. If the stock is deregistered then you can't trade it. That's all. It becomes even more an all-or-nothing bet. But somehow I am glad that my shares can't be force-sold if they are deregistered.

(Solomon can't get $10 for the stock, obviously. But HERB can if they merge it with a sister that already has a listing in Shanghai).

I repeat. They do not have to say anything. They probably can't say anything. They just have to deliver. Let's see if they do. What else are they going to do??? That's the question you should be asking yourself. HERB has to get rid of the minority shareholders at some point. You are saying, they might screw us. I'm saying, the government can't screw us. Not in situations like this.

---

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now