Replies to post #7488 on YaSheng Group (HERB)

[RealDutch]

They have some good stuff brewing it seems

Some of us have been saying this for over a year. You should have known a year ago.

1) when suddenly they mentioned the corporate governance committee on the website.
2) did all the website updates
3) gave us the CBD, and a press release,
4) there was even a BOD member who said we would get financials.

You could still buy the stock for 2 cents. Now it is at 20 cents. We are doing really really well considering that nobody can even buy the friggin stock. lol. And still up 1,000%. I remember someone saying we would be trip zeroes by now. I told him, not this multi billion dollar company...

And I'm telling you now, Parent is leaving. When considering

1) that strange committee on the website
2) the name change planned as of september
3) the change in address, away from Lanzhou
4) The fact that they "forgot" to mention 130M shares in the filings, lol
5) and, Meiping Wu's resignation from the BOD. Perhaps we have a vote coming up.
6) last but not least, they never even reported the earnings from the 5 plantations. Probably because they don't have (and don't need) the GAAP numbers.

What does this mean? This probably means
1) A reduction in the share count, from 157M to 27M shares
2) We will lose the 5 plantations
3) We will gain close to $150M in cash, or $6 per share.

And that last part is the interesting part. Because we will undoubtedly get a special cash dividend. There will be a war... if they don't give the shareholders half of that. lol.

[zerohedge]

they're just scammers. I have copied favorably on other names and they execute and people make money. when they're bad - I am unvarnished and no playing with the share price impresses me.