Replies to post #8396 on YaSheng Group (HERB)

[downthehatch]

Thanks for posting, RD, even if it is "a rumor"
As much as it appears the company is slowly but surely working on these issues, I do wish they would provide a little more information to shareholders about what exactly is going on.

[Petrejus]

I heard a rumor that HERB intends to be fully SEC reporting (audited) in less than 3 months. I think it is fair to assume that FINRA will not allow the stock dividend until they do.

It makes sense. HERB have been struggling to pay a dividend. But FINRA does not process it. Once they become fully reporting FINRA should be more accomodating.

I get the impression that they are not going to report them now either. So perhaps there will be a settlement (in cash) before they file the audited report. That would make sense to me. Or if they do report those numbers (billions), that is fine too.

Either way, HERB shareholders might get a nice Christmas present if we finally get this long awaited dividend.

[snow]

RD The way I see audited reports in three months is a much better alternative than the opther things may happen or more likely may not happen. It would mean a big step forward if it happens in my view. Three months is not a long period compared to the pace of events in the past. I here write "is" deliberately because it refers to the period but I am not sure if it is grammatically correct.