YaSheng Group (HERB)

[RealDutch]

Is it even possible for the company to pay a stock dividend not going through FINRA?

In principle, no. But this is a very special case once again and you can't exclude anything.

And what would be the consequences if they did that?

That's what happened the first time. The Transfer Agent (I think it was some other entity, I don't remember the name) told the company that they will not distribute the shares if it is not being processed by FINRA.

The formulation resolved to pay and will pay

This is lawyer talk. They clearly have a legal counsel in the US now. lol.

Ok, there may be some further delays, but I do think it will happen sooner rather than later.

There is an >80% probability that they will have to change the record date again, IMO.

This doesn't have to go sour on us. For all we know, the settlement could be around the corner. With the new record date. With the details about the preferred shares. With a fixed redemption of $7 or more. And then the stock will absolutely fly.