Replies to post #2321 on YaSheng Group (HERB)

[RealDutch]

lol. I'm not sure what you want to know. But I will debunk this quote of yours.

Something is seriously wrong with both siaf and herb management. The are not interested in creating shareholder value

HERB is leaving the US. They have the same business address now as this sister company in Lanzhou, which has a listing in Shanghai and a $1B valuation. Parent, who owns 83% of HERB, also owns 25% of the sister. They are practically the same company. Same logo. And now also, same business address.

https://www.reuters.com/companies/600108.SS

So that's when I knew what the plan was. They are trying to merge with the sister in Shanghai. And it is a great plan. Because the valuation will reflect on HERB (when acquired for stock) and HERB shares will be worth $15.

Then, in 2018 I saw this from a lawyer, which confirmed it.

https://www.legal500.com/firms/34271/offices/34741/lawyers/126467

M&A and securities – advised Gansu Yansheng Industrial (Group) Co. Ltd, a Chinese listed company and its associated company US Yasheng Group, a US listed company, on their stock and asset re-organisation and exchange

She's talking about a merger...

This is why HERB isn't filing. This is why HERB doesn't pay a dividend. They are leaving.

If they don't succeed with the merger, I think the only thing they can do is a buyout. Look at the stickie. It should be in the $5-$7 range. Minimum.

They are doing exactly what they should be doing. Obviously they can't talk about it. Let us pray that they succeed.