It should be painfully obvious to YONG-holders that certain financial forces supported by the S.E.C.
want to forestall the cashing out of these shares indefinitely. An honest appraisal could establish that
fair value is more than twice the proposed price. As additional time passes, this value gap is likely to
grow rapidly until a going-private deal becomes patently unfeasible under the announced terms.
The probable motive for keeping YONG in thrall is to prevent holders from re-investing cash in other
undervalued China companies principally CGA. All going-private plans for China companies are
imperiled by the same reasoning, e.g. HOGS, etc.
YONG would undoubtedly do better as a private company under current circumstances.
Raising the offer to at least $12 would increase the pressure here.