JB and ZJMY Holding Co (JBZY)

[jpmu]

An asset base refers to the the underlying assets giving value to a company, investment or loan. The asset base is not fixed, it will appreciate or depreciate according to market forces. Lenders use physical assets as a guarantee that at least a portion of money lent can be recouped through the sale of the backed asset in the case that the loan itself cannot be

http://www.investopedia.com/terms/a/asset-base.asp