Yong Bai Chao New Retail Corp (YBCN)

[NobleRoman]

I can't speak on behalf of DD, but I will venture a guess that they will file a late filing notice soon. I don't think you can change accountants like that and meet a deadline in such a short span. Which sadly falsifies DD's claim that they were "ready" to go public. Clearly, that doesn't seem to be the case at all as I see things unfolding.

DD should be considered a hostile witness as this time. He has turned from a contribution to an obstructionist. A few things to be suspicious and skeptical about when it comes to DD:


1. He has no history other than this board. Suspicious.

2. Was he grooming us the way Wang Fei appears to be grooming his clients overseas? Can't rule it out.

3. IFFF he is connected to the company, he either has: One, no authority to address the board's complaints; or two; he doesn't care to address them and prefers the status quo. Either way, nothing gets done and so the image that YBCN reflects back looks like a reign of terror to me. Which to me means obstructionist in worst case or front yes-man to run block in best case.

4. IFF no connection, then he tried to mislead us or exaggerate his link to YBCN in worst case. Or, in best case, his source is clueless and drank the Kool-Aid. Perhaps one of our demotivated "partners." Who knows.

Of course, maybe he'll surprise us and have a change of heart, fly to China, and demand to see Wang Fei. Since after all, taking a hostile position against shareholders isn't exactly an intelligent thing for a CEO to do if it's shareholder money you want. Probably not very savvy to "loathe" the people whose investment dollars you want to solicit. In theory, anyway.

If you do go up there, DD, please tell him to call Zac at the link below. They actually know how to go public in a timely manner and could probably help him with what appears to be depression across the entire network at as well.

https://west4thholdings.com/

And also, tell him to remove the idiotic gag order IFFF one exists. I want to see happy members taking pride in their work and have free artistic expression like they used to have. Otherwise, what they project in their silence is depression, which is contagious.

Unless Wang Fei wants to piss his entire investment away here, of course. Which seems like he might want to do either consciously or unconsciously. Hard to say what his motives are. They seem to defy logic from this vantage point. Maybe he's just broke. I don't know. The silence is not exactly what you'd call a way to motivate an investors base.