YASH is an agriculture play which as you know is a sector we have had unbelievable success in. If you haven't read our agriculture report yet please make sure you do- http://www.wallstreetgrand.com/commentary.html

Just recently, our 5 Star Agriculture play GFRE hit a new high for us of $1.45, up 559% since our initial alert at $0.22! Congrats!

What really interested me about YASH even though it is a very risky speculative play is the fact that in their latest 10Q the company stated that they are under a term sheet to acquire the Yasheng Group, pending board approval.

You can read the company's financial report off their website too.

If you read this report you will be as shocked as I was when I saw that Yasheng Group is a $1.7 Billion dollar company with sales of $736 mm! Profits for 2008 were $75.9 mm!

Now who knows if this acquisition will take place but what gave me some more confidence to actually bring it up to our club was the latest 8k that YASH just issued as of yesterday.

It states..."Pursuant to the Term Sheet, the Company granted Yasheng an irrevocable option to merge all or part of its assets into the Company (the "Yasheng Option"). If Yasheng exercises the Yasheng Option, as consideration for the transaction to be completed between the parties, the Company will issue Yasheng such number of shares of the Company's common stock calculated by dividing the value of the assets which will be included in the transaction with the Company by the volume weighted average price of the Company's common s tock as quoted on a national securities exchange or the Over-the-Counter Bulletin Board for the ten days preceding the closing date of such transaction. The value of the assets contributed by Yasheng will be based upon the asset value set forth in Yasheng's audited financial statements provided to the Company prior to the closing of any such transaction.

On June 18, 2009, as a result of Yasheng's efforts, Zhangye Golden Dragon Industrial Co., Ltd., a company which is not affiliated with Yasheng ("Golden Dragon"), delivered a notice whereby it has advised that it wishes to exercise the Yasheng Option by merging into the Company in consideration of shares of preferred s tock with a stated value in the amount of $220mm that may be converted at a $1.10 per share, a premium to the Company's current market price, into 200mm shares of common s tock of the Company. The shareholders of Golden Dragon (the "Shareholders") are all foreign citizens. As a result, the issuance, if consummated will be in accordance with Regulations as adopted under the Securities A_ ct of 1 9 3 3, as amended. Further, the Shareholders are entitled to assign such shares as each deems appropriate. In addition, the Company is required to raise $20mm to be used by Golden Dragon for working capital purposes.

Golden Dragon is a Chinese corporation with primary operation in Gansau province of China. The Company designs, develops, manufactures and markets farming and sideline products including fruits, barley, hops and agricultural materials.

The closing of the acquisition will require the completion of definitive documentation and completion of due diligence. Final closing is subject to approval of the final definitive agreements by the Boards of Directors of Golden Dragon and the Company as well as the raising of $20mm by the Company. There is no guarantee that the parties will reach a final agreement, that the Company will be able to raise the required funds to close the transaction or that the transaction will close on the terms set forth above. Further, as Yasheng introduced Golden Dragon to the Company, the Company will require that the Board of Directors of Yasheng approve the transaction as well. "

After doing some research I found out that Golden Dragon is a $200 million dollar company! This is on top of the other potential acquisition of the Yasheng Group! If these acquisitions take place this company could become absolutely huge!

I can't believe that the Golden Dragon wishes to exercise the Yasheng Option by merging into the Company in consideration of shares of preferred stock with a stated value in the amount of $220,000,000 that may be converted at a $1.10 per share, a premium to the Company's current market pps!!!

Obviously this could become another huge agriculture play winner for us if these events take place so again make sure to do your due diligence and don't take it off your radar!