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Saturday, February 06, 2021 9:12:12 AM
Here is what I think is happening. Instead of buying us out, it is much easier to buy Parent out.
Lat's assume that HERB is sitting on $1 billion in cash. Then it could cost say $600M to buy out Parent.
US Yasheng Group would survive. It would then consist of
1) $400M in cash ($11/share)
2) Mining, which is dormant
3) And this Maharlika/cryptocurrency nonsense which is nothing more than a hobby, IMO.
That would also explain why they are not saying a word about the 5 plantations.
We basically have 2 companies now, US and China. And they are going to split it up.
And then the question becomes, what are they going to do with all that money?
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