Yubo International Biotech Ltd. (YBGJ)

[Potse]

YBGJ(.575)...increased my position.....

I still hold all of the shares I have purchased. I accumulated an additional 9,250 shares today in the .55-.80 range. Currently hold 22,750 shares at an average under .54 per share.

In hindsight I should have sold at least half of my position when YBGJ made its move into the $3-4 range. When the reverse merger occurred, I was initially expecting to see a fair amount of churning when the stock first made its move over the $1 level. I really like the potential of this reverse merger so I was planning to hold through all of that churning and then maybe try to sell some shares if/when the stock had a nice breakout after that consolidation. But that expected churning never really occurred and the stock seemed to move to the $3 level relatively easily/quickly.

At that point I decided to just hold my shares, figuring the consolidation I had initially anticipated might instead occur at a higher price ($2-3 range). But the bottom kind of fell out and the overall market downturn did not help anything.

So here we are again, back at the sub-dollar level. Let me preface my positive comment in the paragraph below by stating there is always the possibility this pullback in the stock might be the harbinger of an upcoming bad financing deal. I am anticipating that YBGJ will probably be arranging a sizable financing package at some point. That has the potential to be either negative or positive for the stock.

At this moment in time, and at this stock price/valuation, I am definitely bullish on YBGJ and optimistic about the prospects/chances of seeing prices above $3 again. I have increased my position in anticipation of possible catalysts coming (filings, financings, increased corporate activity, etc.). The company changed the end of its fiscal year to December, so between now and the end of May (give or take a couple of weeks) we should be getting the 2020 10-K and 2021 Q1 filings.

Corporate activity should start to ramp up this year. According to the YBGJ leadership/management conference that was held at the end of February, additional people were officially appointed to positions in the company. New products are expected to be launched soon.......

https://mp.weixin.qq.com/s/LRwy06DJNoaq2zFR2Chutw

I am aware that at least one of the Viv Cell franchise stores is officially open and operating in a shopping mall. I am pretty sure this store opened just very recently (maybe within the last month). All of the reviews and most of the photos of the store in the links below did not exist when I first ran across this last week......

http://www.dianping.com/shop/H1fLOvGXKGQbXmkV

http://www.dianping.com/shop/H1fLOvGXKGQbXmkV/photos

According to the most recent media report I have noticed (dated March 17), construction of Yubo's $17M new headquarters and R&D center was expected to begin around February/March......

The total investment of the Yubo International Biotechnology Headquarters and R&D Center project is 110 million yuan. The project covers an area of ??about 23.3 acres and a building area of ??21,000 square meters to build a production base for the pharmaceutical packaging industry. Construction will start in February 2021 and is expected to be completed in December 2022.

https://www.thepaper.cn/newsDetail_forward_11754050