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downthehatch

03/01/23 10:48 AM

#8794 RE: RealDutch #8793

Odd that there is so little market reaction. At a minimum, one would think that paying up to .25 would be a com[;ete no-brainer, as the comapny is selling new shares at tht price through it's crowd-funding effort.

Here, for only .14 as of today, you gat a share, plus the right to 1/10 of a preferred share.

What am I missing??

gosox12

03/01/23 3:28 PM

#8804 RE: RealDutch #8793

Re: Payment date of dividend is listed here as 3/31/23
See last line below:

Yasheng Group Notifies FINRA of Plan to Pay Preferred Dividend to Common Shareholders
6:00 am ET March 1, 2023 (Globe Newswire) Print


SAN JOSE, CA--(March 1, 2023) - Yasheng Group, (OTC: HERB), an agricultural and biotech company with U.S. headquarters in San Jose, California today announced that Yasheng Group is in process of paying a preferred dividend to its common shareholders (pro rata) so that every owner will receive 1 preferred share for each 10 shares owned on an updated record date of March 7, 2023. March 31, 2023, has been set as the payment date.