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Or that other one...
No problem. Would be a good reminder and headline for fresh eyes as a sticky. Does not matter who posted it first. What matters is we're now rolling forward again.
The major catalysts will be ticker/name change and fins.
And I'll say it again. Price does not need to be above 10 or 15 cents for employee warrant pricing by July 17th.
Employees will have 2 years to exercise the 15 cents warrants until July 19, 2019! One warrant for each 10 cent common share they buy by the July 17, 2017 deadline.
See my earlier post that explains the warrants.
I got the jump on that post. I wouldn't mind if my other sticky gets replanted with a stop sign gone post. Most everyone should know now though or will soon know so maybe a n unnecessary sticky.
Dominos are lined up and have begun to fall.
Our accountants should be practiced up now for Financials (you have to look at the positive right?).
Ok. Definitely time to go to bed. Must sleep before work.
I find it very assuaging. Investors and our EVs have the green light now. Chalk another one up for the longs.
Longs
1354
Other guys
0
But who's counting.
With STOP SIGN GONE, tomorrow morning (later this morning) will be interesting.
https://www.otcmarkets.com/stock/DOLV/quote
Congrats on the good buy.
My last chunk of change doesn't clear till tomorrow. One day off on that timing.
Thanks, feels good..... and "they" said the stop sign would never go.
I thought I would check OTCmarkets before retiring for the night. It was beautimous to see No stop sign or no yield. Now I'm so excited I won't be able to sleep for awhile.
Stop sign gone. Ticker and name change now on deck.
STOP SIGN IS GONE!!!!!!
https://www.otcmarkets.com/stock/DOLV/quote
Oh yeah, and that too. That's a pretty big cat.
Great post and well said. I was actually surprised at how big of Baidu wave this article has had. I was a bit skeptical that word would spread that much, due to the somewhat lackluster media response following the June 24 press conference.
DOLV is now out there for all the world to see. No reason at this point to hold PRs or financials for ticker and name change (unless ticker and name change are coming shortly anyway). The DOLV cat is out of the bag.
The Chinese seem undaunted by this so-called "dirty shell". A few more days will help strengthen this hypothesis.
I know I miss things the first couple reads through. Like the April PR clearly stating that employees that purchase a common stock unit at 10 cents will get an ATTACHED WARRANT exercisable for TWO YEARS.
WARRANTS will be exercisable at 0.15 cents until July 17, 2019.
If Employee joins JB&ZJMY stock offering and buys 1000 shares at 0.10 (by July 17, 2017 deadline), they can get 1000 warranted shares at 0.15 exercisable for 2 years, even if price is in dollars at that point!
If exercised, average cost of common units and warrants is 0.125 USD (1 common share at 10 cents with one warrant attached at 15 cents = (0.10+0.15)/2 = 0.125 USD. That is also the break-even point.
Employees will be able to EXERCISE warrants till July 17, 2019 at 15 cents/share. Let's why it's such a great deal! If price goes over about 20 cents within 2 YEARS, the employees who do the company offer have the better deal over an employee buying on the open market at the price level at the time.
Securities Times reporter article worth a second look:
Employee share warrant vs. Open Market.
Let's go back to the source: April 7, 2017 PR.
http://otce.finra.org/DLSymbolNameChanges
Exactly. Exercisable for 2 years. July 17th is the deadline. They will be able to purchase or exercise the warrants/options at 10 or 15 cents for two years, at which point they expire on July 17, 2019. Just like my company stock options. They will be a deal.
That was CT that posted that. It was a great post.
Imo, the stock warrants may be stock options. We do not know all the details of the employee share warrants.
I have to agree that share warrants at 10 or 15 cents , given the current price doesn't make any sense. They either have to drop a PR/Fins/ticker change bomb soon or the warrants are actually options imo.
I've explained how options would work in the post below.July 17th could be the "deadline" (maybe something lost in translation) for employees to get in on the company share plan. Employees have just barely been hired. The warrants may expire at a much later date, so they could still get the 10 or 15 cent share price until the warrants/options expire.
I know this speculative, but it is my best guess.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=132826266
Thanks. I thought the tianyancha site was the most complete on Job Postings as well. Showed deadlines and better details on Job Descriptions. Good site to check.
You have to plug ZJMY in Chinese in the company search. I pull it off of the ZJMY website under Company Description. Zhongji Ming Yang is in the parenthesis between the quotation marks. For the benefit of all, see screen shot.
Zhongji Ming Yang in Chinese and English on Trademark for the doubters:
You sometimes have to prove your not a bot at the beginning. You have to click on the larger pic (sometimes several times) and then click the left submit button (it's in Chinese). It took me several tries but eventually I got in. You have to be a member to see all of Wang's 57 enterprises.
I use Google Chrome and translate
tianyancha.com
http://www.tianyancha.com/search?key=%E4%B8%AD%E7%A8%B7%E9%93%AD%E6%B4%8B&checkFrom=searchBox
This has been covered long time ago.
My post on 6/9/2017
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=132060380
I'm not sure what zeros you are referring to. If your referring to the ZJMY, Nanning Branch with 0 Registered capital, it is because it was closed down or not active at one point. BaBaBooey and I have posted to that point.
However, on the Tianyancha site, before access was blocked, it appeared the ZJMY Nanning Branch may have become active again not long ago. If it is active, it certainly will be rolled in with the main Zhongji Ming Yang New Energy Technology Co., Ltd. which shows Registered Capital of about 7.5 million USD.
We are not sure how many companies will be rolled into the JB&ZJMY Technology Group Holding Inc (JBMY). IMO, the EV related companies for sure (see screen shot below), some of the others are very possible. I don't think all Wang's companies will be rolled into JB&ZJMY Tech Group Holding Inc, since some are already listed on Chinese exchanges.
Jin Bo Zhong Ji Ming foreign car trade (Beijing) Co., Ltd. should be part of the holding Company (I've seen it translated Jinbo Zhong Ji Ming Yang Motor Trading Co. as in the screen shot from the Tianyancha site below). The name change from Beijing something Building Materials Limited Liability Co. to JBZJMY Motor Trading Co on March 29, 2017 supports that theory. .
These 4 should be part of ZJMY Technology Group Holding Inc. (ZJMY, Nanning branch if it was reactivated)
Me too (but in a couple more days). Hoping Ticker change holds off for a bit more.
Wang Dequn companies registered capital.
I found about 25 of the Wang companies on Riskstorm, but can't find a way around to see the rest. There were several more pages of them (5 pages of companies minumum).
Paste in chrome and translate, I provided translated screenshots.
https://www.riskstorm.com/search?tab_type=company&type=all&keyword=%E7%8E%8B%E5%BE%B7%E7%BE%A4&size=20&from=0
What I've found adds up to about 130 million in capital. Add in 20 or more other companies, it could easily double that amount. Wang Dequn might not be a billionaire, but 100s of millions is good enough for me. Don't worry, he will be a billionaire soon.
$130,105,500.00
I put together a spread sheet. I believe there at least double this amount of Wang Dequn affiliated companies.
Tianyancha site shows 57 enterprise associated with Wang Dequn:
Spreadsheet showing 25 of Wang's companies and registered capital.
A word on ZJMY acquired Wuhu Huaba Electric Vehicle Co., Ltd
OEM manufacturer agreements imo.
From Wikipedia, the free encyclopedia
ZJMY job postings. Many posted recently according to this site:
Paste in google chrome and translate. Translated screen shot below.
http://www.subeizs.com/company/12274455/jobs/
That would the ultimate company back-handed company stock share plan if they turn around and reverse split on their employees after the warrant pricing:
Buy some JB&ZJMY shares. Dad goes home from work one day excited, we have 1000 company shares. Next day, comes home, depressed... 20 shares now, they reverse split on us. LOL.
I would not be surprised if the stock warrants were actually like stock options I had in my company. Had to be in by a certain date the stock share plan started. The initial cost per share was set by the deadline date the employees had to be in on. Company gave us a 10% discount upfront as well. They had a strike price on them at a expiration date 2 years later. If stock price was above the option strike price in 2 years we could exercise them and buy a specific number of shares initially agreed upon at the original share plan price, which was set in Year 0.
For example, strike price set at 1.5$/share for 1000 shares set to expire at end of Year 2, original cost 1$ per share for the set and agreed number of shares in Year 0.
Price Per Share (PPS) goes to 2$/share in 2 years (End of Year 2), then you can exercise your options to buy the initial 1000 shares at 1$/share. Then you could sell your 1000 shares immediately and double your money, or sell or hold as you so choose.
If the share price ended up under the option strike price at the end of the second year, you could just take your investment out with no loss (no gain either obviously).
Payment for our company stock options came out monthly, automatically from my paycheck.
Could be same system for JB&ZJMY employees warrant share pricing. They expire July 17th. To me this could be the deadline for the employees to get in on for the .10 and .15/ share warrants. They could be exercised on for a specific period of time, say 6 months or a year, or whatever the time period set by the company as the expiration date on the warrants. That's why they would be a deal imo. Employees could buy the agreed upon number of shares at the warrant price of 10 and 15 cents at the expiration date of the warrants, which may be set a year from now.
Maybe its set up differently, but that would make sense to me.
Note: one stock option typically represents 100 shares. I left that out for simplicity.
Brokers' confirmation of a 1:1 DOLV to new Ticker share exchange. No reverse split verified with the pending ticker change. That is enough for me at the moment.
No one knows what long term will hold. RMs have the RS risk.
A forward split is just as likely (if not more likely) down the road imo.
Call your broker and confirm the 1:1, if you don't believe the dozen or so people that have confirmed it here on the board (screen shots included).
Really well said and I concur. Patience is paramount. Timing is the name of the game.
DOLV is oversold and most the DOLV potential big investors are still not sold. When the whales are convinced (not going to but a time-frame on it, hehe), DOLV's volume will soar 50 million, 100 million or much more.
MM for your commitment to the DD and going the extra mile.
Thanks for your translation support! Win-win for all. Wonder if his family is anywhere near where they could go check out the JB&ZJMY train advertising in person. I know its real, but the more witnesses we get on each piece of DD the more sound it'll become.
The link below has the train video and Press conference and wealth forum video (not sure if it is a segment or the complete video).
That second Press conference/wealth forum video would be worth a look by your friend.
http://www.jingtezmt.com/baorun/vip_doc/4809309.html
Thanks for the clarification. I understand all the long's frustration with the lack of Co. communication. I believe there will be a point the information will start pouring out like a dam breaking, but it will come on JB&ZJMY's time-table. They have this Chess game won, they've seen 20 moves ahead. They want to make a splash that will have ripple affects across the world.
I think the share certificate is real, plenty of other more mind-blowing things you could fake for a much bigger bang for your buck. Finra will verify the share certificate Co. name and ticker soon imo.
If Finra comes out with the new ticker JBMY and the name JB&ZJMY Technology Group Holding, Inc, would you concede were golden at that point?
Just wait a bit longer. Play the rips and dips till then if that's your game.
ZJMY still anti-pumping.
I agree a share certificate could easily be a production, but add that to the pics (Z cars on trailers, z cars with red ribbons, in front of Jinbo store front, in parking lots), videos (game show, train advertising), ZJMY car share at train stops, scores of ZJMY articles, JB&ZJMY Train advertising with video, broker confirmations of name and ticker change, WY SOS name change, new CUSIP #, quarterly filings, 8K with updated accountant, April PR, Chery connection, Long Star connection, Press conference, Jinbo Co, Jinbo annual group meeting, Jinbo new store front opening, Ribbon cutting ceremonies, Lawsuit to get back 54 million shares, ZJMY Co. listings on Chinese gov sites, ZJMY Job Postings on many different job listing sites, Trademarked ZJMY name and Z symbol, Battery tech with patents, electric motors, articles of the EV 3.0 tech., and so on.
I believe a few pieces could easily be manufactured, but taken as a whole, IMPOSSIBLE!
If this is faked, it is the most elaborate scam in OTC history! I wonder if they have hit their break-even point. Expensive to say the least.
It is all REAL imo!
$$$JBMY$$$$
Wow! Sticky worthy imo.
From BaBabooey's Translation these are the key points imo:
1 - The new ticker will be JBMY.
2 - The new company name will be JB&ZJMY Technology Group Holding Inc.
3 - It appears that the name and new ticker have already been accepted by Finra, pending the company's predetermined debut date (I believe company can choose an effective date as has been previously posted by others). They probably want to time the new ticker and name change with their official vehicle launch! I would think soon, like by July 17th.
I wonder what employee let the cat out of the bag?
Thanks Hawk for the good post this morning.
Glad to see you're still here and long and strong.
I'm quoting "How to remove the stop sign" section directly from otcmarket site. Nice try. That implies the stop sign is already there as with Dolv.
How to Remove the Stop Sign
Look at Hardy's post, xlog just replied to it. Check otcmarkets on being current.
Attorney letter is needed with annual report, not with the quarterlys by what I understand.
http://www.otcmarkets.com/marketplaces/otc-pink
Another possibility comes to mind. It could come down to timing, not just when ZJMY wants to reveal, but in what quarter the deal was made.
IMO, The Chery-ZJMY partnership (deal) to produce SUVs had already been hashed out in Quarter 1 or before.
The Long Star deal/partnership may have been solidified in Quarter 2, even if Long Star produced some EV models for ZJMY in Quarter 1.
If ZJMY's tech is all the DD suggests, manufacturers may be competing to get the deal to supply ZJMY with bodies. ZJMY probably has vetted other manufacturers that didn't make the cut. ZJMY may have liked what they saw Long Star produce.
If I were a manufacturer of car bodies, I would be promoting my cars to ZJMY. "Look what we can make for you to put your batteries and electric motors in. Please pick us!"
Remember the Long Star connection posted by Floridany, llhabela and myself, has been more recent, for example, the ZJMY sign at the Long Star factory- ZJMY's "Flagship Store". (May was the first time I've seen the Long Star models with the Z branding). Not sure if some of those pictures were earlier though.
Can't tell from Jinbo annual meeting in January if they are Chery models, Long Star or both. Wouldn't matter if the Long Star deal wasn't made till this quarter though.
We will see soon. Deal or no deal.
I see your point. Good question.