Dolat Ventures, Inc., through its subsidiary,JB&ZJMY focuses on the business of electrical cars and their support systems. Currently, the company plans to launch two type of cars to the market; the electrical car with max range of 330 Kms and an electrical SUV model with max range of 500 km. Both vehicles will support recharge models and battery swap/change technology.
Han JianFang (ZJMY Senior Scientist/chief engineer) left with Wang JinLai (CEO/President) of Jin Bo Group right. JB & ZJMY Holding Company, Inc.
NEW YORK, NY--(Marketwired - April 06, 2017) - DOLAT VENTURES, INC. (OTC PINK: DOLV) announces recent corporate developments.
The control of the Company was acquired by Mr. DeQun Wang on January 11, 2017 pursuant to an agreement that was entered into on December 2, 2016. On that date Mr. Wang acquired 300,000 shares of the Company's Class C Preferred Stock which is convertible into 750,000,000 shares of the Company's common stock and carries an equal number of votes.
Incorporation authorizing the preferred stock, the Company also acquired all of the issued and outstanding shares of Ji Ming Yang Amperex Technology Limited (Ji Ming Yang), a Chinese corporation in exchange for one hundred thousand Class D Preferred Stock convertible into 100,000,000 shares of the Company's common stock. Subject to FINRA approval the Company will reflect the new business combination by changing its name to JB&ZJMY Holding Company, Inc. and seeking a new symbol.
About Ji Ming Yang Amperex Technology Limited
Founded in March of 2015, http://zhongjimingyang.com/en Ji Ming Yang focuses on the development of batteries for "New Energy Vehicles". The company possesses a number of patents seeking to enhance and extend battery life while also reduce operating costs. The Company seeks to commercialize solutions to the problems faced by all vehicle battery manufactures, such as shortage of battery life, expensive materials, and charging station issues.
As part of the acquisition the company will be offering to current and future employees based in the Peoples Republic of China the opportunity to purchase new JB&ZJMY common stock units for $0.10 (Ten Cents USD) per share with one warrant attached exercisable for two years at $0.15 (Fifteen Cents USD) for a total of 10,000,000 (Ten Million) units pursuant to a Regulation S offering on a best efforts basis expiring on July 17th 2017.
As per the PR..here is a photo of the Employee Stock Certificate along with the translation...!
Company Website: http://zjmy888.com/ English version http://zjmy888.com/index_en.html
Quick Swap Battery Technology Video: http://zjmy888.com/#page5
JB&ZJMY ADVERTISING ON THE CRH high-speed train Beijing to Nanning and Beijing to Guangzhou both ways year round. Our cars will also be available for CAR SHARE at all 24 STOPS!
ADDING OUR NAME TO THE EXTERIOR OF THE TRAINS
MR RICHARD ORAVEC, NEW DIRECTOR OF INVESTOR RELATIONS
Richard is a respected and well-connected veteran in the securities industry. He has repeatedly and successful guided many companies, both US and International-based, become publicly traded on US stock exchanges. He started his career as a Broker and a Financial Adviser at UBS, a global Swiss financial services company who is considered as the world's largest manager of private wealth assets. Prior to joining our team and over the past 15 years, he has served small to mid-tier companies in Private Equity, Investment Banking and Financial Services. His areas of expertise include M&A, direct public offering, reverse/shell mergers, crowdfunding, corporate branding, 15c-211 filing, and transfer agency services. He co-authored the book "Seeking Your Fortune: Using IPO Alternatives to Find Wealth in the U.S. Stock Markets" which was released in November, 2014 and is currently available on Amazon. Richard is a graduate of Boston University with a BA in Economics and International Relations. He also holds an MBA in Finance from Fordham Gabelli School of Business in New York City.
Richard Oravec, is the founder and President of Pivo Associates, a business consulting firm Since February 2002.
Oravec is co-author for the book: "Seeking Your Fortune: Using IPO Alternatives to Find Wealth in the U.S. Stock Markets
"We wrote this book for U.S. and foreign companies that have tried to find U.S. Broker/Dealers to do an IPO or Pre-IPO but have had no success. The purpose of this book is to show these companies the IPO Alternatives that exist and how to use them to find wealth in the U.S. Capital Markets."
Mr. Oravec's book can be purchased here- https://www.amazon.com/s?ie=UTF8&page=1&rh=n%3A283155%2Cp_27%3ARichard%20Oravec