YaSheng Group (HERB)

[RealDutch]

I heard a rumor that HERB intends to be fully SEC reporting (audited) in less than 3 months. I think it is fair to assume that FINRA will not allow the stock dividend until they do. But I don't know this for sure. And I can't tell you either whether there will be a new record date or not.

This is what I previously called the nightmare scenario. Well, the whole thing is a friggin nightmare.

Let's hope they can get it done. The art assets are not that hard to disclose. The amount of money invested in Equity Art should be exactly the value they have to report (at cost). Which leaves the infamous 5 plantations. I already pointed out in a previous post that they are actually booking these assets already, just not the cash generated by it (because they didn't have those numbers). And I get the impression that they are not going to report them now either. So perhaps there will be a settlement (in cash) before they file the audited report. That would make sense to me. Or if they do report those numbers (billions), that is fine too.