Yong Bai Chao New Retail Corp (YBCN)

[$b_rich$]

We respectfully advise the Staff that we have revised Amendment No. 1 to disclose the circumstances that led to Mr. Glass to sell his shares to Chang Qi. Specifically, we have disclosed that an associate of Ms. Chang named Sherry Zhang, advised Mr. Glass that Ms. Chang was desirous of acquiring a United States’ shell company to conduct business in the United States. Ms. Zhang knew that from time to time Mr. Glass controlled shell companies for his own purposes and for sale and inquired whether he could accommodate Ms. Chang’s request. Ms. Zhang introduced Ms. Chang to Mr. Glass and they negotiated the transaction by which Ms. Chang acquired Mr. Glass’s shares in the Company.


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Starting looking at this and it looks to me like she was a negotiator between Chang and Glass? Hopefully they'll bring forth a merger or acquisition this year.