Yasheng Group (PK) (HERB) Quote

Here is the land that the solar farm will be built on. 80 acres owned by Rouge Mountain Mining

Down Thanks for this piece of information! My impression is that the area is large enough for this project to be fairly substantial in relation to the current pps.

It is interesting that HERB is in a financial position to do this in the USA.
As HERB is the landowner, and the report is that Pivot Energy will develop the solar farm on HERB -owned property, HERB would not be providing funding for this venture.
As landowner, they would be receiving payment from Pivot Energy, or from whoever purchases power from the solar farm.

aandt It is interesting that HERB is in a financial position to do this in the USA.

8K Filed. Solar Farm agreement for Kramer Junction land with Pivot Energy

https://www.sec.gov/Archives/edgar/data/1123312/000121390024031680/ea0203608-8k_yasheng.htm

Item 8.01 Yasheng Group’s Subsidiary Enters into Binding Agreement with Pivot Energy.



On April 2, 2024, Yasheng Group’s wholly subsidiary entered into an agreement with Pivot Energy in order that Pivot Energy develops and builds out a large solar project on the 81 acres located in Kramer Junction, California, owned by our subsidiary.



Pivot Energy (https://www.pivotenergy.net/) is a national solar provider that develops, finances, builds, and manages solar energy and energy storage projects that help decarbonize our nation’s electricity, increase equitable access to clean energy for local communities, and provide real cost savings to American businesses and families. As a Certified B Corporation, Pivot is required to meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose.

aandt I would not be much surprised if we hear nothing for a long time. The interest in shareholders seems to have faded.

The company has been very quiet since the annual filing. Hopefully they provide some updates on things and don't just go silent all year long. Under their current filing status as SEC Reporting CF, they are not required to file quarterly reports.

Yep no surprise there. I stopped using Tradestation last year because it became useless for the OTC.

TradeStation does not allow trading HERB. Only selling.

Last time I checked Tradestation was pure horror now with OTC. Very few available and not HERB. Haven't checked for a few months though but don't think that changed.

Going for 4.99% ownership?

Anyone who is short in this stock will pay in blood, that's for sure 😃

if it's still at depressed levels at the end of the year.

I very much doubt it 🤩

Good for you, RD! The compensation you'll receive is extraordinary. Going for 4.99% ownership? 😁
I'm happy with the amount I will get as well, but I will not have room for buying more HERB. Basically need to rebuild my portfolio since ITUP and the verticals have sucked up most of my net worth in the past few years. If I could go back in time, I'd buy a lot less ITUP, and put more into direct subscription in the verticals. If we only knew then, what we know now...

I might revisit increasing my stake in HERB if it's still at depressed levels at the end of the year. What I have now (125k+ shares) is still more than enough, if we ever would get fair value for our shares.

My memory is not so good either. But I investigated all of these in the past. I think TS doesn't offer HERB now. Schwab is the only one I can use. And $25,000 won't be a problem once I get paid. I am planning to buy a lot more than that.

My memory is quite bad, but can't you use TradeStation? Not a fan of the interface, but at least it works and I think the minimum deposit is not that much. Not like the USD25,000 mentioned for Schwab. Opened an account a few years back to be able to buy ITUP and (some more) HERB.

Ah I see, Norway ok.

Traderfan I live in Norway and different rules applied for me.

Yes I heard that.

For non-US individuals, the minimum opening balance is US$25,000 at Charles Schwab.

Yes but you couldn‘t open an account with TDA for years now from these countries if you didn‘t have one already from earlier years.

RD Asb I think you know already I am already able to trade these stocks through AT Ameritrade which is owned by Schwab. I have been informed that my account too will be moved to Schwab in a little more than a month.

Thanks to Traderfan for the tip.

Schwab International now allows customers from The Netherlands, Austria, Sweden, Finland amongst others.
Which means we can buy and trade HERB now.

https://pressroom.aboutschwab.com/press-releases/press-release/2023/Schwab-Stock-Plan-Services-Expands-International-Capabilities-Offers-Fully-Featured-Accounts-to-18-Additional-Countries/default.aspx

LONG BULL

Yeah not surprised.

We will get the share price up, one way or another. I promise you that.

Bargain prices once again.

Looks like Meiping Wu has been back to the Philippines recently, here are some pictures of a meeting with Manny Pacquiao from a few days ago.

With an average volume of 61,896 shares over the last 30 days, $HERB attracts investor attention in the agricultural and biotechnology sectors.

With a current price of $0.10, YaSheng Group ( $HERB ) continues to drive growth and innovation in agriculture, offering investors an opportunity to participate in their global expansion and technological advancements.

Something is cooking...

Yes, I noticed.

I noticed today that they have renewed the annual filing with the state of Colorado as they should.

https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20211155660&fileId=20241247371

What's interesting though is they have ALSO incorporated a new entity, Yasheng Group USA Corp.

Filed on January 11, 2024. https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20241044821&fileId=20241044821

Share structure is the same as existing company-

The corporation is authorized to issue:
Common shares - 800,000,000

YaSheng Group's ( $HERB ) broad product range, exported to 15 countries, showcases their global reach and influence. With a market cap exceeding $16.50M, they are positioned to capitalize on diverse market opportunities and drive expansion.

Yes, it's way too cheap based on net assets.

They have a bunch of off-balance sheet assets as well, as I pointed out recently in the annual report. You are going to find this quite shocking. This is from the DEFM14C filing in 2015 (page 11) when they swapped out a bunch of subsidiaries in exchange for 5 high value plantations.

Really good DD thread on HERB $HERB with Manny Pacquiao now as chairman, the stock may get the attention needed for a fair valuation as new investors discover the company. The company already has audited financials in place to suggest a much higher market valuation so the possibility is certainly there.… https://t.co/cvkL1WCd9W pic.twitter.com/izhYAms1Dm— Stock Picks NYC (@StockPicksNYC) February 26, 2024

Heck, we get 2 reports for the price of 1

They spotted and corrected quickly the mistake about the year ending Jan31 with an amended report.

modest Thanks for pointing out what you meant.

I sure did! Considering the potential, it would make sense to acquire a portion. But given that we've seen nothing concrete materialize, in terms of value, for...12+ years? It's also understandable if they don't.

I don't think they hid it in Equity Art. I think they dissolved Gansu Yasheng America Trade Co., Ltd which was holding the Chinese assets previously, so they had to move it somewhere else.

But yes, I think they wanted to spin-off Equity Art (initially) also for this reason.

I wonder if we'll ever see some hard cash in hand, in form of a dividend or buy-out offer.

I honestly don't know. They are playing with fire IMO.
You probably noticed I told my boss about it. To them it shouldn't matter if the assets are hidden for another 3 or 5 years. The value will still be there. But they can't tell me about it if they want to acquire a stake because I am a shareholder.

It's really difficult to know what happens since all has been off the books for awhile now. I always thought they hid it in Equity Art to do some magic by spinning it off, give it to the shareholders, and then a buy-out offer or something would appear and make those assets disappear. Since those assets are somehow sensitive. Maybe the plan is different now. I wonder if we'll ever see some hard cash in hand, in form of a dividend or buy-out offer.

I think it is. Yasheng BVI is also the parent company. This is where you would expect the plantations to be. In China.

It's possible that they moved some assets out of Equity Art with the preferred dividend in mind....

Now this is exciting! Equity Art, and I guess Jove, has been known from before. But Jove was also not mentioned in the filings as an off balance sheet asset before.
One can only speculate whether the plantations are in Yasheng Group LLC or Yasheng Group (BVI)...
Is BVI the British Virgin Islands?

snow, I don't understand what you are asking.
In the last report I think only Equity Art was off balance sheet.
Now they also say that Jove,Yasheng BVI and Yasheng LLC are also off ballance sheet Assets.
That's what I meant by additions.

modes Do you mean what you write? Is it not rather so that the assets that are not on the balance sheet may mean some huge additions?

There are some obviously HUGE additions to what is off balance sheet.

Annual report now filed with the SEC

https://www.sec.gov/Archives/edgar/data/1123312/000121390024016717/formcar1.pdf

The Pacman is a great hero and athlete.

He should retire. The head and brain can only take so many punches.

With authorized shares totaling 800 million, YaSheng Group ( $HERB ) is strategically positioned to capitalize on opportunities for expansion and growth across its diverse business segments.