Yong Bai Chao New Retail Corp (YBCN)

[NobleRoman]

This is like a cool psychology experiment. This is really interesting on many levels. It's like a bubble world we are seeing sneak peaks into. I can't find anything else on that platform that we haven't seen of signficance. Facebook is banned in China. I don't know if they even have access to I-Hub here, but not sure. And can they even read English ifff so?

They are sooo isolated. And this translated caption is interesting:

https://www.douyin.com/video/6897897394470505743

Enterprise Ten Finance ? New Model! Zero sum, we don’t sell alcohol! Just take the income! Those who want to drink, buy something to drink

That sounds like something I just said in a prior post. That it sounds a lot better than Amway. I don't want to buy the product. I'd rather buy the stock. Less work!!! And this one says basically the same thing. We don't sell the alcohol (another way of saying we don't work). We just take the income. LOL At least that's my translation between the lines.


I know these are loose translations and a general idea. And then the comments are like, zero zum? And "how do I get the income?" LOL One even calls the other "clan sister." Again, loosely based translation, but that reminds me of my cult analogy. This is hilarious to me.

I saw some other clip where "you are welcome to join" was mentioned. So, they want to grow the club. Which is what Amway does. Or Mary Kay cosmetics, right? Kinda like multi-level marketig. The more people, the more investors, the more money entering into the company, the more the whole organization is able to feed and grow on itself. Like a church in a way as I see it. Like Joel Olsteen! Selling a dream and lots of motivational speeches. Music. And, they are in a bubble on top of it all. Like a church congregation, in fact. And Joel Olsteen, for the record, lives in a mansion in River Oaks, the nicest neighborhood in Houston. Worth millions alone. And his flock is the poor and the rich. The gospel of wealth. How convenient! But, he is selling a service. That is capitalism. And it's not even a separation of church and state. Just a tax shelter and hot button voting issues, which clearly are not separated.

Sooo interesting. I'm off tonight for once, so I get to play. I just can't find anything else out there. I've gone to some Chinese sites like RenRen but I'm coming up empty. I don't know what other Chinese social platforms are out there. FB is non existant. But, again, FB is also banned in China to my understanding. Which means, again, they are isolated from our knowledge. Which I think is also a good thing. Who wants debate and free press when you have an ideology to sell. Just look at Fox News. Essentially operates the same way as state-run propaganda. It's jsut voluntary progananda that feeds the comfirmation bias its viewers want and demand. And that group wants to grow. Like this one. As I see it. And like Fox News, we get to profit rather than be the sheep. :)

I think the skeptics will be not only silenced in the group, but also humiliated in some coming "proofs" of riches from its members. So, more will want to join. And more, and more!!!!! At least, that's the general feeling I get. Nobody wants a Muslim entering Joel Olsteen's church with a debate. Or a scientists for that matter. They are not only not welcome, it would be rude to have a scinetific and skeptical discussion amongst the flock!

Yes, and congrats on those 4,000 shares. I still a partially filled order below the bid, still waiting... Nobody wants to sell me their shares. Maybe some margin calls this week? I hope. More market selling? I'm in a very, very secure place right now. So, I'm not going anywhere.