Replies to post #1817 on YaSheng Group (HERB)

[MaterialMind]

As far as I can see it is an OTC Markets rule. They put up the "No information" STOP-sign since the company hasn't filed for a while.

https://www.otcmarkets.com/marketplaces/otc-pink

No Information

Indicates companies do not provide disclosure. Publicly traded companies that do not provide information to investors should be carefully researched before making any investment decision.
How to Remove the Stop Sign

A company may provide disclosure through a selected U.S. regulatory agency (such as the SEC or a Banking regulator), a qualified foreign stock exchange, or through the Alternative Reporting Standard by making filings publicly available through the OTC Disclosure & News Service pursuant to the Pink Basic Disclosure Guidelines.

Subscribe to the OTC Disclosure & News Service on www.OTCIQ.com to make filings publicly available

NOTE: SEC reporting companies should be aware that information published through the OTC Disclosure & News Service will not be considered when determining the placement of the stop sign and the market by which they trade. The market designation for reporting companies is based solely on information filed with the SEC's EDGAR system. Delinquent filers must deregister with the SEC in order to remove the stop sign and upgrade their market using the OTC Disclosure & News Service as described below.

The link you provided to the no-information-warning didn't work for me. But the cached version worked.
https://web.archive.org/web/20161123080519/https://www.otcmarkets.com/no-information-warning

No Information Warning

This company may not be making material information publicly available.

If you are an affiliate, employee, insider, or any person in possession of nonpublic material information about this company, please be advised that buying or selling this security may constitute trading "on the basis of" material nonpublic information prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators of these laws are subject to civil and criminal penalties.
What is insider trading?

Illegal insider trading refers generally to buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, while in possession of material, nonpublic information about the security.

Rule 10b5-1 provides that a person trades on the basis of material nonpublic information if that person is "aware" of the material nonpublic information at the time of the purchase or sale.

Affiliates, insiders, relatives, or other persons in possession of material information should use extreme caution when buying or selling securities on the basis of material information, particularly in securities where the company is not making adequate current information publicly available as a matter of practice.
Why does OTC Markets display this warning?

Companies that are identified on otcmarkets.com as having No Information may be placing their shareholders at risk of violating 10b5-1 insider trading rules. OTC Markets recommends that investors wishing to place a trade in such securities contact the company to verify it is making adequate current information publicly available.

From what I read it seems the warning is mainly for people who may have non-public information. And it's OTC Markets making this warning to alert investors that this company has not been filing.

You need to stop making things up. There's no "SEC warning".