Replies to post #1823 on YaSheng Group (HERB)

[modes948]

What you are expecting has just happened with KEYP.They were bought by their parent company after going dark in November.Hopefully HERB will be next.

[semiferrum]

Are you really talking about Yasheng Group?
How can you claim that they have already the cash to buy minority stakeholders out ?
Let's stick to the facts:
Last filing :
"Net cash used in investing activities was $-324,337,031 for fiscal year 2015 as compared to $-61,920,730 in fiscal year 2014. The increase was attributed to assets purchase. Net cash used in financing activities was $2,068,428 for calendar year 2015 compared with $-5,900,285 for calendar year 2014. The increase was attributed to more debt repayment during the current year as compared to the previous year."

These figures raise questions:
1) Which assets did they buy for 324,337,031 Dollars ? They didn't publish it.
2) If they really purchased assets for 324,337,031 Dollars, how can it be that they published "total assets" are only 258,325,745 Dollars in 2015, ( compared to 2,480,030,368 Dollars in 2014 ?)

Fact 1) The swap lead to a decrease of 2,221,704,623 Dollars in total assets means a d e c r e a s e of 8 9,5 8 % of total assets.

So, where are the assets they allegedly bought buy for 324,337,031 Dollars in 2015 ?

So please RealDutch, stop to claim fantasy figures .. and irreal hopes !