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Penny Stock Forum Penny Stocks are low-priced issues, often highly speculative, selling at less than $5 a share. Penny Stocks are traded on pink sheets and the OTCBB

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  #1  
Old 08-16-2009, 10:00 PM
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Default YASH ... Yasheng ECO-Trade Corporation

Just wanted to let memebers know that this one is going to be pushed this week by Pennystockchasers and could make a nice move. As with all group plays the key is to get in quickly and out just as quickly.

I bought in Friday but didn't get in at a super price since they gapped it to .60 and that is where I bought.

Here is a little info for anyone interested.





Yasheng ECO-Trade Corporation Provides Corporate Update

2009-08-10 09:00 ET - News Release

BEVERLY HILLS, Calif. — (Business Wire)
The Board of Directors for Yasheng ECO-Trade Corporation (OTCBB: YASH) is pleased to provide a corporate update on the Company’s activities relating to the development of a trade zone and certain potential Merger and Acquisition (M&A) activity. Following the company’s signing of their initial term sheet with Yasheng Group on January 26, 2009 (the “Yasheng Group Transaction”) the Company has been actively working to position and maximize the opportunities associated with the Yasheng Group Transaction.

The first component of the Yasheng Group Transaction involves the establishment of the Yasheng Asian Pacific Cooperative Zone (the “Cooperative Zone”). The Cooperative Zone will be located in Southern California, in a big box building – as a free zone facility - which will provide logistics, distribution, customer service, sales marketing and quality control headquarters for designated Chinese companies. Since signing the agreement in January, the Company engaged Colliers International to locate and negotiate a long term lease for a big-box-building. In addition, the Company has engaged Legend Transportation and Better Online Solutions to consult the Company regarding RFID tracking, Logistics Coordination and shipping. The Cooperative Zone will be a free zone big box (e.g. merchandize entering the US into this building will not need to clear customs, until shipped outside the building to the end user) storing massive merchandize under one roof from China. This concept will allow the Cooperative Zone to handle all paperwork associated with Export/Import, as well as vacate the needs of local US clients to import big quantities of goods, and therefore better manage their inventory turnover, as well as optimize the needs for working capital.

The second component of the Yasheng Group Transaction involves the potential merger or acquisition of the Yasheng Group and other Chinese companies into the Company. In addition to the transaction with Yasheng Group, the Company has recently also signed a binding term sheet with Zangye Golden Dragon. The Zangye Golden Dragon proposed transaction was introduced to the Company by the Yasheng Group. The acquisition of Yasheng Group or other Chinese entities is subject to the drafting and negotiation of final definitive agreements, performing due diligence as well as board approval of the Company. As such, there is no guarantee that the Company will be able to successfully move forward with such acquisitions.
Finally, the transaction has evolved to include the establishment of a Joint Venture to expand the opportunities for both the Company and Yasheng. This transaction includes the establishment of Yasheng Russia, which will focus on the development of a Stock Breeding Farm. The joint venture is subject to the drafting and negotiation of a final definitive agreement, performing due diligence as well as board approval of the Company. As such, there is no guarantee that the Company will be able to successfully move forward with such joint venture.

Yasheng ECO-Trade Chairman Greg Rubin commented, “The Board is pleased with the progress the company has made and is encouraged by the companies’ plans for the future.”

About Yasheng ECO-Trade Corporation (OTCBB: YASH)
The Company’s business is the identification and acquisition of undervalued assets within emerging industries for the purpose of consolidation and development of these businesses and sale if favorable market conditions exist. The Company’s competencies include financial services, mergers and acquisitions, accounting, real estate development and natural resources exploration. The Company is currently in the process of developing a logistics center. As part of its strategy to develop a logistics center, the Company has entered a term sheet with Yasheng Group in which Yasheng Group, among other things, has agreed to contribute real property for the development of a logistics center.

Contacts:
Yasheng ECO-Trade Corporation
Rosemarie Clamor, 310-461-3559
Investor Relations
Source: Yasheng ECO-Trade Corporation

The YASH story is so compelling because China has become an economic powerhouse that no one can ignore. They have managed to come out of the recent economic crisis better than EVERYONE ELSE.

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ $$$$$$$$


WE HAVE NEVER PROFILED A COMPANY THAT COULD DO THE KIND OF BUSINESS THAT YASH IS TRYING TO DO.

PSC is working hard on YASH profile this weekend which we intend to share with members as well as some of the other sites which continue to consult with us for stock picks.

YASH is in the process of potentially acquiring a $1.7 Billion dollar company, had sales of $736 mm, and profits for 2008 were $75.9 mm!
The technical outlook on the YASH stock price is very strong. This stock could be a triple from here if we get the right kind of news.

YOU CAN BUY YASH AND LOOK FOR SOLID GAINS IN A ONE WEEK TO TWO MONTH WINDOW.

Last edited by Aufan 1983; 08-16-2009 at 10:05 PM.
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  #2  
Old 08-26-2009, 05:42 PM
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Default Re: YASH ... Yasheng ECO-Trade Corporation

YASH is about to make a turn to the upside based off the charts and the trading that occured at the end of the day.
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Old 08-27-2009, 09:25 AM
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Default Re: YASH ... Yasheng ECO-Trade Corporation

Quote:
Originally Posted by Volatile22 View Post
YASH is about to make a turn to the upside based off the charts and the trading that occured at the end of the day.
I agree. YASH may get a bounce..
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  #4  
Old 09-04-2009, 11:27 AM
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Default Re: YASH ... Yasheng ECO-Trade Corporation

Bump....
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Old 09-04-2009, 12:01 PM
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Default Re: YASH ... Yasheng ECO-Trade Corporation

In @ 10.3 cents......anyone willing to take a big risk can probably get in at 10.1 cents right about now....I'll sell if it drops to low 9s
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Old 09-04-2009, 12:06 PM
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Default Re: YASH ... Yasheng ECO-Trade Corporation

Reason for the drop is right here. Shares being dumped on the open market.....Might get a pop but thats all Id play it for.

Quote:
On August 17, 2009, Yasheng Eco-Trade (the “Company”) entered into a Subscription Agreement with an accredited investor pursuant to which the investor agreed to acquire up $400,000 in shares of common stock of the Company at a per share purchase price equal to the average closing price for the five trading days prior to close. On August 17, 2009, an accredited investor purchased 350,877 restricted shares of common each at $0.57 per share for an aggregate purchase price of $200,000, which was paid in cash. On August 31, 2009, the accredited investor purchased an additional 150,060 shares of common stock at $.3332 per share for an aggregate purchase price of $50,000, which was paid in cash.
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Old 09-04-2009, 12:13 PM
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Default Re: YASH ... Yasheng ECO-Trade Corporation

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Originally Posted by Volatile22 View Post
Reason for the drop is right here. Shares being dumped on the open market.....Might get a pop but thats all Id play it for.
I can't see this being the sole reason for the selloff. they show to have around 112,000,000 O/S, which makes this amount not a whole lot. Plus, most of the shares are restricted, plus converted at a much higher pps than we are at now. Must be something else going on that has investors worried..
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Old 09-04-2009, 12:34 PM
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Default Re: YASH ... Yasheng ECO-Trade Corporation

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Originally Posted by Razorback View Post
I can't see this being the sole reason for the selloff. they show to have around 112,000,000 O/S, which makes this amount not a whole lot. Plus, most of the shares are restricted, plus converted at a much higher pps than we are at now. Must be something else going on that has investors worried..
Just look at the date on that PR release(aug 17) now look at the chart. You will see why I say this.
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“We all have great inner power. The power is self-faith. There's really an attitude to winning. You have to see yourself winning before you win. And you have to be hungry. You have to want to conquer.”

-Arnold Schwarzenegger
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  #9  
Old 09-04-2009, 12:40 PM
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Default Re: YASH ... Yasheng ECO-Trade Corporation

Out with loss. There is a reason I never will buy a stock less than 20 cents again and only buy stocks listed on the major exchanges!
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Old 09-05-2009, 10:46 AM
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Default Re: YASH ... Yasheng ECO-Trade Corporation

I didn't play the bounce. This was a pump you never try and ride it.

YASH Chart
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