Replies to post #8286 on YaSheng Group (HERB)

[RealDutch]

They will need SEC reporting status for the Equity art spin-off (dividend shares) and other stock dividends..

They may need it as well for the preferred shares. But it doesn't make sense to report and audit report the plantations, because

1) I think Parent is already gone and/or it has been settled.
2) If they report those assets then they don't need the preferred shares anymore. They can pay a cash dividend. But they can pay a cash dividend now too if they settle with parent.

Surely, they already have a plan to become SEC current. But that does not include the plantations IMO.

Why don't you ask HZ. It is hard to interpret some of the things he is saying.

It's possible that the settlement with parent isn't valid anymore if they can't pay the preferred shares. In which case they may decide to report those assets. But that is a nightmare scenario as I said before as we go 7 years back in time.

[RealDutch]

Perhaps we are at 60% - 70% that the dividend will be paid.
FINRA needs a valid reason if they are going to deny it. And I can't see it.