Yasheng Group (PK) News - HERB

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Form C-AR - Annual Report

Form 8-K - Current report

Crowdfunding - Offering Statement (c)

schemaVersion: The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined...

Current Report Filing (8-k)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM...

Current Report Filing (8-k)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington,D.C.20549 FORM...

Current Report Filing (8-k)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM...

Termination of Registration of a Class of Security Under Section 12(g) (15-12g)

OMB APPROVAL OMB Number: &nbs...

Current Report Filing (8-k)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington...

Current Report Filing (8-k)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC...

Amended Annual Report (10-k/a)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C...

Annual Report (10-k)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C...

Notification That Quarterly Report Will Be Submitted Late (ntn 10q)

OMB APPROVAL ...

Amended Notification That Annual Report Will Be Submitted Late (nt 10-k/a)

UNITED STATES OMB APPROVAL SECURITIES...

MaterialMind 2 days ago

If so, hopefully some spills over to the shareholders... The problem with getting cash out of China still remains though.

👍️ 1 🤞 1

RealDutch 2 days ago

I'm still hoping they will sette for cash, the previously owned 200,000 acres.
They will need it if they want to become a respected humanoid player.

👍️ 1 🤞 1

MaterialMind 2 days ago

Yes... And on top of that, 90%+ of the value is kept off balance sheet. 💰️

👍️ 1 🤔 1

Maxinvestor89 2 days ago

The Audit confirms the 284m$ Equity

8m$ Net Profit

Even at 0.1$ the stock would still trade under 1m$ Float/Held at DTC

Even if we count the whole Market Cap with all Restricted shares, it is still currently trading under 1x NET INCOME!

There is no way the stock should be trading nowhere near where it is at right now.

There are indeed a couple typos here and there, though.

👍️0

RealDutch 2 days ago

This is also notable.

They don't own 200,000 acres. This was before the asset swap in 2014. These assets were swapped out. But perhaps we will get them back?

🤔 1

RealDutch 2 days ago

This is the only crucial aspect of the whole report. Without it, I would have a problem. I don't have a problem buying the stock now....

👍️0

aandt 2 days ago

Yes, disappointing that nothing is revealed in the filing. So I guess we keep waiting for whatever this "material event to be announced this year" is referring to.

🤞 1

modes948 2 days ago

Very disappointing C-AR they have just filed.Absolutely nothing new.
A lot of copy paste keeping even the Covid-19 part in,and making a couple of mistakes along the way like the EPS for 2023.

https://www.sec.gov/Archives/edgar/data/1123312/000121390025034242/formcar.pdf

🤔 1

snow 6 days ago

Your piece of advice looks more convincing when i read about the possible opportunity to sell SIRI tokens before long RD.

👍️ 1

aandt 1 week ago

Yeah in my opinion selling right now would not be a good idea, especially if someone has held on for a while, as most have. Audited report will be out in the next 2 weeks, and should provide some clarity on what the company is up to with the name change and who knows what else. IMO the name change could be a signal of a pretty big shift, which in turn could mean parent company activity, which could be quite good for shareholders (IF they can actually execute).

Total speculation on my part of course

RealDutch 2 weeks ago

Transfer Online, Inc.

https://www.otcmarkets.com/stock/HERB/security

👍️ 1

Premium Stocks 2 weeks ago

did they ever get a TA

👍️0

Premium Stocks 2 weeks ago

who is the TA here ??

👍️0

snow 2 weeks ago

Some buying interest today

👍️ 1 🤞 1

Traderfan 2 weeks ago

If you ever wonder about any of these deadlines, just ask.

👍️ 1

aandt 3 weeks ago

The company just responded to me, I asked if they were going to file audited statements. They said they will be included in the C-AR filing which is due at the end of April.

👍️ 4 🤞 1

aandt 3 weeks ago

Turns out they actually have until the end of April to file the annual report as a CF filer. Not used to this category.

https://www.raisepapers.com/form-c-ar

👍️ 1 💯 1

RealDutch 3 weeks ago

They basically admiited a year ago, that almost everything is off balance sheet.
Except the betel nuts in Hainan, and some of the herb stuff. And the mining.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173921130

🤔 1

aandt 3 weeks ago

It's just on their website

https://yashenggroup.com/Introduction.htm

under recent filings in the middle of the page.

👍️ 3

RealDutch 3 weeks ago

It's unaudited. I'm not sure what the purpose is of this document.
On which webpage did you find it?

I think we have to wait for the C-AR annual report, if we get it at all.
That should tell us about the off-balance sheet assets.

🤔 1

aandt 3 weeks ago

Annual Report is on the website - not filed anywhere yet that I can see.

https://yashenggroup.com/f-HERB-12-31-2024-2023-10K.pdf

Nothing really new, numbers consistent with how they usually are. EPS is .051, but no one really cares.

Includes this at the end-

👍️ 2 🤞 1

spartyJ 4 weeks ago

If they could just get that pesky little 600M out of Hong Kong? Right around the corner eh Snow!

👍️0

aandt 1 month ago

Yes, the past several years they have filed weeks before the deadline. This has me thinking/wondering that there might be some other factors involved. If it was just the standard filing then I would think it would have been released already. And we know they filed a name change with Colorado, so we already know they are up to something. The question is what?, and how will it impact shareholders?

👍️ 2 🤞 2

modes948 1 month ago

Thanks for the update.Good to hear because they used to file I think much earlier than the deadline and with their history it was worrying that they have yet to file.
Let's see also if there is anything encouraging in the filing and not just the usual stuff.

👍️ 1 🤞 1

aandt 1 month ago

I wrote the to company last week and asked if they were intending to get their Annual Report filed on time?

Here is the response I got over the weekend -

we plan to file by the end of this month.

Sincerely

Huirong Zhang
Vice President
Yasheng Group

Hopefully the filing will include some insights into what is going on with the name change filing and what that means for the future direction of the company?

👍️ 3 🤞 2

spartyJ 2 months ago

Thanks for that update Snow, I will ask again in another months and sure I will have the same response. Sounds a lot like that other scam SAIF doesn’t it?

👍️0

snow 2 months ago

sparty RD has still not received his cash grant or the salary that he is owed.

👍️0

spartyJ 2 months ago

How is this coming along Snow?

👍️0

aandt 2 months ago

It's been awfully quiet here. Hopefully the company will find a way to actually accomplish something useful for once sometime this year. We should get an annual filing next month.

Maybe there will be some clues in there related to what is going on with the name change filing.

👍️0

snow 3 months ago

sparty Things look more hopeful now than for a long time. In the past the plan has been that Laxmi would go to Hong Kong to transfer money, but it has never happened until recently because circumstances did not make it possible for him to achieve his purpose. Now it has at long last happened. Why did he make that long and expensive trip if he did not have a good chance to achieve what was the purpose of the trip? According to what RD has posted on a different board the plan is to transfer money quite early in February.

😮 1 🤞 1

LVerstee 3 months ago

The trillion dollar question.

👍️0

spartyJ 4 months ago

How is "the plan" coming along? You have the lawyers locked in on speed dial?

🤞 1

aandt 4 months ago

Yeah I was thinking that, hopefully you will be able to start buying soon.

It does seem as though they are up to something. But we already know they move rather slowly.

🤞 1

RealDutch 4 months ago

Nah, only after I am done buying more shares

😅 1

aandt 4 months ago

Hmm... interesting.

Could this be a sign of other corporate actions coming?

🤞 1

RealDutch 4 months ago

Humanoid Inc?

Hard to keep up with these guys

https://www.coloradosos.gov/biz/ViewImage.do?masterFileId=20211155660&fileId=20248336674

😮 1 🤔 1

RealDutch 4 months ago

The ITUP board has no value anymore, except what I post from time to time 😀

Yes, there have been many delays and the company is struggling. But we are also making good progress. Long story, short, there is a 60% probability that I will start buying HERB in december, and 90% in January. We will get there.

🤞 2

downthehatch 4 months ago

Holding a chunk of this now.
I may wait and see whether you actually get paid.
From what I read on the ITUP board, there have been a string of promises to pay, with no actual payments made.
Correct me if I am wrong.

👍️ 1 💯 1

RealDutch 4 months ago

$0.08 available today. I suggest you take it.

I will be able to buy $200,000 worth of HERB stock every month, assuming things go as planned with the dividends we are expecting from MyCow companies. And I can probably increase that throughout the year. So we should be able to get to $0.50 after a couple of months. I may take it up to a dollar even. I can do whatever I want.

🤞 2

LVerstee 5 months ago

@snow 😂🤣

👍️0

snow 5 months ago

Thanks for the information, RD!

👍️0

RealDutch 5 months ago

According to the current schedule that the company provided, I will get paid some money on the 20th. Then some more on the 23rd, 30th, 7th of January etc.
I will not be giving you any exact dates when I receive the money but we should be up and running after Christmas. If they stick to the plan. We will get there.

😂 1 🤞 1 🤣 1

LVerstee 5 months ago

@snow there you have it. Escape route taken hand and foot. Now you have given them another week minimum while CITI (if it were true) would have finished it today
Wednesday the latest falling in 24 to 48hrs timeframe.

Yes, Snow. And it takes only a day once I receive the money and then we will be in business

👍️0

RealDutch 5 months ago

Yes, Snow. And it takes only a day once I receive the money and then we will be in business.

👍️ 2 🤞 2

LVerstee 5 months ago

@snow please do NOT create additional escape routes for them. AML was supposedly passed so it should be Wednesday the latest. He claimed those 442 wires were scheduled. 🤔 Let's see what excuses come next.

Below from CITI site.

Citi typically opens accounts within 24 to 48 hours upon completion of the Know Your Customer process and delivery of the correctly completed account opening documentation package

👍️ 1

snow 5 months ago

RD I have the ompression that Laxmi was upbeat in his e-mail yesterday about the coming bank account with City-Bank since the hassle regarding anti.laundering measures now seems out of the way and activation of the account can be expected soon. But my impression is that it takes some days to pay more than 400 accuounts. Therefore it now looks most likely that you will recei ve the transfer of money not this week but next week.

🤞 1

RealDutch 5 months ago

We also have an intro page if you scroll down, that tells the story of the asset swap in 2015.
$2.3 billion of assets were swapped out in exchange for roughly the same in high value (cash generating) plantations.
Then they went dark.... the bastards.
Until a couple of years ago when they started filing again.
And now a lot of those assets are gone, as well as all the cash that should have been generated between 2015 and now.
We are talking like 70%+ profit margin on these assets, which is huge. Similar to Nvidia
We don't know what's going on. The company says they have to resolve things (with the Gansu government?).
In the filings they do state they have assets that are off-balance sheet.
They tried special dividends and spin-offs but FINRA didn't allow any of it.
Presumably because the company is keeping the value of the friggin assets hidden from us. So what do you expect...

Just another problematic Chinese company, like so many.
But there could be some very good value here.
If we add all the assets and cash generated then this could be a $20 or $30 stock.
So my belief is that they are keeping > 90% of all assets off-balance sheet.
But we don't know for sure.

The Gansu government can't just rip us off, can they?
That is the big question.

👍️ 1 😮 1 🤞 1

aandt 5 months ago

Since you are Chinese, you can probably do some of your own digging for more info.

What really matters here is the connection to the Gansu Provincial government. If you look at the filings, 83% of HERB is owned/controlled by Gansu Yasheng Salt Chemical Industrial Group. Salt Chemical is a subsidiary of Gansu Agricultural Reclamation Group, here is a Chinese article that details the history- https://www.csfmall.cn/brand/show.php?itemid=694. You can do your own research on Salt Chemical and the Gansu government connections.

The company has several things going on, the financials are good, profitable, etc. But there are assets and value currently off balance sheet after the 2015 asset swap that should eventually be resolved. That's what most here are really holding on for, and what RD is seeing as future value. They have tried a few different corporate exercises to distribute value and perhaps execute an exit, but they have not been able to get past FINRA roadblocks. It has been a long wait, but I still believe some form of resolution is coming.

👍️ 2

LVerstee 5 months ago

It seems someone has finally had a realization.

👍️0

Market Data

News

Trading Tools

Markets

Discover

Hot Features

Follow Feed

Options Flow

Monitor

Yasheng Group (PK) (HERB)

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

HERB News

Form C-AR - Annual Report

Form C-AR - Annual Report

Form 8-K - Current report

Form 8-K - Current report

Crowdfunding - Offering Statement (c)

Current Report Filing (8-k)

Current Report Filing (8-k)

Current Report Filing (8-k)

Termination of Registration of a Class of Security Under Section 12(g) (15-12g)

Current Report Filing (8-k)

Current Report Filing (8-k)

Amended Annual Report (10-k/a)

Annual Report (10-k)

Notification That Quarterly Report Will Be Submitted Late (ntn 10q)

Amended Notification That Annual Report Will Be Submitted Late (nt 10-k/a)

HERB Financials

HERB Discussion

Your Recent History

Company

Business

Popular

Get The App

Trending Now

Toplists

Market Data

News

Trading Tools

Markets

Discover

Hot Features

Follow Feed

Options Flow

Monitor

Yasheng Group (PK) (HERB) News

Yasheng Group (PK) (HERB)

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

HERB News

Form C-AR - Annual Report

Form C-AR - Annual Report

Form 8-K - Current report

Form 8-K - Current report

Crowdfunding - Offering Statement (c)

Current Report Filing (8-k)

Current Report Filing (8-k)

Current Report Filing (8-k)

Termination of Registration of a Class of Security Under Section 12(g) (15-12g)

Current Report Filing (8-k)

Current Report Filing (8-k)

Amended Annual Report (10-k/a)

Annual Report (10-k)

Notification That Quarterly Report Will Be Submitted Late (ntn 10q)

Amended Notification That Annual Report Will Be Submitted Late (nt 10-k/a)

HERB Financials

HERB Discussion

Your Recent History

Company

Business

Popular

Get The App

Sign up for an ADVFN account below

Go Ad-Free