YaSheng Group (HERB)

[RealDutch]

But clearly the market is still very skeptical that this dividend will happen, or anything else.

That is the risk right now. And so far we have had the same horror scenario that we had with SIAF.

These guys didn't even know that FINRA had to get involved. What were they thinking, a distribution without an ex-dividend date? This is elementary stuff.

I already warned them 2 weeks ago about another potential problem. If they can't file financials until after the distribution is completed (I don't know if that's the case, but it could be) then they have to wait until Sept 29. Because if the pay-date is Sept 28, then FINRA will set the ex-date at Sept 29, which is also the effective date. And that's a problem because of the SEC sept 28 filing deadline. So I suggested making the pay-date a week earlier, around Sept 21. They can, because the company sets the pay-date. I feel I have to explain everything to them.

More so, FINRA could be asking them some questions which they are not prepared for, causing more delays. Certainly possible.

Think about it though. We need a scenario where we make a killing in a very short amount of time. Let's say the stock goes up to 0.50 ahead of the distribution. Then you will have a problem. Take some money off the table or let it run? So I don't mind some of the delays. As long as everything comes together at roughly the same time. It's not even a problem if the pps stays down after the distribution. As long as they deliver big time, quickly after. Right now it looks like the dividend and the financials will come at roughly the same time. So that's good.