Replies to post #1339 on YaSheng Group (HERB)

[RealDutch]

Disappointing for sure. I already said it could be unusual to file another amendment. Perhaps they are close and will report in the coming weeks.

They were downgraded from OTC/QB to Pink Sheets more than a year ago. The reason was new OTC requirements and they didn't have active market makers. The status now is "limited information" and could be changed to "no information". I don't know. Other than that, I don't see any consequences. I'm not even sure now if they will/should disclose a material event should there be one.

I see the stock trading in the .25 to .35 range until they report. Not much we can do about it. The other thing is, the main website has been unavailable for a week. Doesn't seem to be a high priority for them. Or they are working on something else.

If they do report the 10-K then they can catch up with the Q's rather quickly. It's not the first time.

[RealDutch]

It's an interesting company. They want to grow internationally. They already invested $20M in mining rights in the US. And I read in one of the past filings they want to invest $50M in mining projects. Then there is Angel Star, which they are probably ramping up already. And an aquaculture project in the Phillipines. And more.

So, they want to report. But here's the ironic part. Suppose all that has changed. Suppose the growth story is dead and they go dark. Then HERB's subsidiary (Asia-America trade company) will be "stuck" with $150M in free cash flow every year from the plantations. And what they did in the past was, pay that as a dividend to the parent company. In which case we would get our fair share. Which would truly be massive.

That's why I am not really concerned. But frustrating for sure. I need/want some cash flow too.