American Oriental Bioengineering Inc. (AOBI)

[ottoman]

Just like today32 said, nothing is happening with this. Last I heard, there was some potential class-action lawsuit being formulated, but that was years ago. (2016)

Link here: https://www.prnewswire.com/news-releases/us-shareholders-announce-formation-of-a-group-to-recover-investor-funds-through-a-receivership-over-china-based-american-oriental-bioengineering-inc-ticker-aobi-300376594.html


I have several brokerage accounts with "ghost" shares on AOBI....just showing cusip number 028731404 with no market value.

It's not like they reneged on the reverse split at the last minute (causing us to lose money because of commission fees or capital loss etc), and it's not like they cashed out for 1 penny on the dollar....They just did the reverse split, shares went POOF, and all money gone. Stolen.