InvestorsHub Logo
Followers 116
Posts 35623
Boards Moderated 2
Alias Born 04/19/2012

Re: Petrejus post# 8116

Wednesday, 06/01/2022 12:22:19 PM

Wednesday, June 01, 2022 12:22:19 PM

Post# of 9458
Me, december 7

Dear BOD,

I, xxx, hereby request an internal investigation by the Board of
Directors into the whereabouts of the swapped in assets as part of the
asset swap in 2015, also known as the 5 plantations.

Neither the cash generated nor the earnings have been reported in the
recent filings on OTCMarkets.

I am a HERB shareholder and demand a deep and thorough investigation into
this matter.

If the Board does not comply within 14 days, I will file a complaint with
the SEC and FINRA.

Best Regards,



Reply from them

Dear xxx,

we are investigating reversing that acquisition but if we do not keep
those assets off balance sheet, we will not have a chance to keep our
filings current and we will go to expert market. This is not an easy
process because it involves sensitive State ownership of company's
policies that we must carefully navigate. We cannot give you a time frame
on this process and also cannot give an estimate on getting current status
because OTCM is very slow to respond when we follow their instructions.


Sincerely

Huirong Zhang
Vice President
Yasheng Group


---