Yong Bai Chao New Retail Corp (YBCN)

[NobleRoman]

Xin and Chang

I'm not complaining, but it looks like smoke and mirrors to me. It's almost like Xin and Change are the same person. Which is find and dandy to me. It's like a Chinese enigma going on behind the scenes. As long as I'm making, I don't care.

But, there are things just seem confusing to me:

10K

https://seekingalpha.com/filing/5544433

Latest filing:

https://seekingalpha.com/filing/5609366

So in 10K it says:
In December 2018, Mr. Glass sold 60 million shares of common stock, representing all of the shares he owned in the Company, and equal to 56.83% of the total number of outstanding shares of the Company’s common stock, to Lili Xin for the sum of $90,000. Ms. Chang became acquainted with Mr. Glass through a mutual associate and they subsequently negotiated a deal for his control bloc of shares in the Company. Concurrent with the sale of his shares, the board of directors appointed Ms. Chang as the President and as a director of the Company and resigned from all positions he held with the Company.


Huh?? How did he sell to Lili Xin and then it jumps to Ms Chang suddenly. As I remember, in previous filings, it says he sold to Ms. Chang. And then Lili Xin appears very recently when Ms Chang gives control to Lili Xin. Are the two the same person and just playing games? I don't know.

Whateever. They/he/she buy from 60M shares from Bryan Glass.

Yet somehow, according to the current filing, Lili has 80M shares to sell to Fang. So, does that mean she already had 20M shares before knowing Mr. Glass? And if so, why did she need somebody to introduce her to him the first place if she's looking for some shell? Just coincidence? Or she gave herself 20M more? I don't know...

But it says in the latest filing:

Purchase Agreement, dated June 15, 2021, between Lili Xin, the president and principal stockholder of the Company (“Ms. Xin"), and Wang Fei (“Mr. Wang”), which provides that Ms. Shin will sell to Mr. Wang 80,000,000 shares of Common Stock registered her name (the “Shares”), representing 59% of the outstanding shares of common stock in the Company as of the Record Date, will resign as a member of the Board and from all executive offices she currently holds with the Company, and will appoint Mr. Wang to serve as a member of the Board (the “Stock Purchase Agreement”).

And then in this latest filing, it says Xin is President of An Fast Electric Vehicles:

From April 2017 to June 2020, Ms. Xin served as the Vice President of An Fast New Energy Vehicle Co., Ltd, and from June 2020 to the present, she has served as the President and Chief Executive Officer of An Fast, a developer of alternative energy vehicles located in the People’s Republic of China.

Yet, as I remember it, Chang was found or President or somethign of An Fast. So, again, same person? Sisters? Just seems suspicious. Whatever... I don't care. Have plan will travel. I would have preferred an electric car company come out.

So also in latest filing:

This Agreement provides for the acquisition of the Shares by Buyer at a total purchase price of Three Hundred and Fifty Thousand U.S. Dollars ($350,000.00) (the “Purchase Price”) on the terms and conditions set forth below.

So that means Chang and/or Ling (Depending on which filing your believe) bought 60M shares for $90,000 from Bryan Glass and now sold 80M shares for 4 times what they paid. That's a good return! Even IFF this is some sort of money laundering going on with the Chinese mafia. Who knows. I really don't care. I see no evil; I hear no evil. Maybe it's all on the up and up. Again, I could care less. Not saying one way or the other. I just know that it doesn't ugly. It just looks good or bad. And I prefer bad or good over the ugly, but I also like the ugly.



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This local address in the latest filing is also given for Wang, even though his business is in China:

1601 Walnut Street, # 201, Cary, NC 27511

That's a building owned by TransGlobal or something. Huge legit company, but also ironically full of Asian employees. Almost all of them in pictures. And this building can be Googled, and it's called Herrington Suites if memory serves correct. But the signage is also covered in Chinese writing. An office building of some sort. No information can be found on it really.

And then, this transaction occurs with the assistance of Bryan Glass again in the latest filing. So, when he sold out a few years ago, his involvement didn't end. So, somehow, he is connected to the Chinese syndicate. The Chinese enigma, whatever you want to call it!

At least I have a Chinese website now with Fang on it, and that's a darn good video on the front page. Nice marketing regardless! I want this movie to start! Let's get the show on the road!