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The following is directly from the qtrly report.
1. Chairman of a company that owns patents.
2. President and controlling shareholder in an inactive company
3. Controlling shareholder of a shell company.
Where's the beef???? Quite impressive!
Mr. Wang is the chairman of JB & ZJMY Co., Ltd. He has been a career entrepreneur who has
successfully led several small businesses based in China. Wang De Qun is a graduate of the University of
Zhejiang Hangzhou City with a Bachelors in Computer Engineering awarded in June of 1989. Since 2004
to present, he has been Chairman of the Jinbo Investment Holding Group based in Guangdong Province
which owns patents in the field of battery technology. He is also the President and controlling shareholder
in JB & ZJMY Technology Group Holding, Inc., a Nevada Corporation, founded in and inactive since
2016. In addition to the above, he is the controlling shareholder, President and sole director of the Company,
JB&ZJMY Holding Company (formerly Dolat Ventures, Inc.), which now serves as the holding company
for Mr. DeQun’s development stage company that focuses on the business of electrical cars and their
support systems. To date, the Company has produced prototypes, holds Chinese Patents, and anticipates
commercialization next year
If there was an opportunity for a nice flip, maybe. Trend doesn't show that right now. So many dreamers to allow many flips. Invest, no.
So he gave himself $47MM for free at todays closing price. Where do I sign up for that.
Nobody seems to have addressed the 43MM shares issued during the quarter that were not disclosed in the quarterly report. Who received those?
I believe 1.25B shares.
How many shares does Wang have that he didn't pay a cent for? Hmmm. I can think of a lot of reason.
Looks like it’s headed to the .02’s next
Sent me to edmunds.com
Hilarious!!!
Yes, other assets. Anybody's guess what they are. Whatever it is, that is all Wang had to add to get the company since he didn't pay anything
That would be a pretty significant subsequent event!!! You do know the requirements of GAAP, right.
I think I must have missed it but I don't seem to see anything in Note 7 that discloses what happened to the additional 43MM shares that were issued in the 3rd qtr. They must have forgot to include that. Maybe they'll report an amendment!
I'd love to know what the mysterious "other Assets" are that was given for the add'l paid in capital. So Wang "bought" this shell for no money, gave himself a $h!t ton of shares for free. Hmm. Nothing seems weird about that.
You might want to look again. THere liabilitiies went from 24,000 to 1.1MM.
I would call that negative.
One thing I find a little dis appointing is the interest expense. If Johan has the companies best interest in mind as the holder of the debt and potentially vast majority of the equity, why isn't he deferring the interests payments. If he did so, the cash balance would effectively be $500k higher. Gives me pause for his commitment to the company. Might be a good question for Terry.
You have now entered the Twilight Zone! Nothing ceases to amaze me.
Thanks, I don't have to think what I want, I just go with the facts.
Exactly!
Sorry, I've read your posts and all of the filings. No connection of New Energy to JBZY.
Really, show me where it says New Energy is part of JBZY please.
I disagree with your statements. JB & ZJMY Co Ltd was merged with JBZY. That is a fact. New Energy Technology is not the same company.
So, if Michael Dell bought a shell company trading at sub penny's, we would start a board that he is transferring all of Dell Corp into the shell?
They have some patents at this point. Whohoo!
The only company names associated with JBZY are JB&ZJMY Holding Company, Inc., JiMing Yang Amperex Technology Limited and JB & ZJMY Co Ltd. All other entities have Wang involved but are not part of JBZY.
This is a very long list of entities that the dots do not connect to JBZY.
Agreed, that is the worst photoshop job i've seen. You can see the logo is not part of the vehicle.
Your statement of "seal of Approval" suggests a lot more than a simple name change and ticker change of an empty shell. The name change and ticker change does not change the company itself. It is still the same company as it was under DOLV. Nothing else has changed.
FINRA did not and does not give companies a seal of approval. They approved a name and ticker symbol change.
After all of this so called great DD, the stock can't past .05/,06. And nobody wonders why? If 1/100th of this was true, it would be selling for 5 to 10 times current price. The market doesn't miss these things!
This is actually getting comical! I don't think I have ever seen anything so over the top.
I think I need to get my eyes checked cause everything I see on the website is very bleary
I have to admit, that is the fakest website I have ever seen. They photoshopped the Z logo onto existing vehicles. I believe the one is a ford and there is a jeep in one of the pictures. This is the craziest thing i've ever seen. Not to say money can't be made with the hype and volatility. Just don't be caught when the reality hits.
Someone that isn't invested in JBZY!
Why would a company that is purported to be worth MilBilions$ be selling for .06? You don't think the smartest, biggest money would have this priced accordingly? No way this goes under the radar. Hell, Warren Buffet would have a piece of this if this was such a sure thing.
It is interesting to watch this unfold. There seems to be alot of people banking on all of this supposition. This is still an empty shell that had a name and symbol change. Nobody knows what, if any, assets will be transferred to this company. Calling David Koresh, Mr Koresh, are you in the building?
When do you think it will reach this $7 billion market cap that you're waiting to sell at?
So your opinion is this should have an $8 billion market cap?
I would respectfully disagree. If this is the company the board claims it to be, Big money would be in the hundreds of millions. $1 share price puts the market cap well over a billion$'s. I don't see it.
No Doubt!
Agreed. If all this "DD" that has posted was were a high probability, this stock would not be trading where it is. Big money would know about this well in advance of anyone on this board and the price would reflect it. This is a penny stock because right now it is effectively an empty shell with a name and ticker change. There is a big jug of kool aid being passed around right now.