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THIS IS A DARK HORSE
Lol...just LOL
Don't tell mama you spending her pocket money....LMAO
I just wonder why they waited so long to announce a rs? And usually in the OTC either shareholders just wake with their shares gone or the rs happens within a couple of days of the announcement. But here they submitted the ammendment to WYSOS so far. That's it. And that too after more than a year of acquiring the shell. Wtf is that about? They don't seem to be acting like a typical pink. Hmmm
What??? Your post makes no sense.
Z logo belongs to zhongji Ming yang.
Go to the bottom of the following site and see for yourself!
https://m.tianyancha.com/company/858015638
JB&ZJMY Holding Company, Inc., through its Chinese subsidiary, 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 [B]500 km. Both vehicles will support recharge models and battery swap/change technology.
That's the company discription as per the OTC profile page.
Think about that for a second. I don't know of any car manufacturers out there at this moment that are selling a 500km range car readily. And this discription is from LAST year. Maybe more range has been tested? I don't know.
What I do know is that IF this is for real....there is nothing that can stop this from going from going sky high!
Hey penny pro, I have A question. I would like to know whether you managed to buy shares this low all over again and sold all your initial position at the time of or soon after the reverse split Announcement? Or did you actually hold onto all your shares from before and are still adding now? What about other fellow longs you may know about?
If you don't want to tell me this in public please feel free to write to me in private.
Thanks.
It's a fake website. None of the links on that website work...I get 404 errors on almost all links, if not all.
So there, it is indeed fake news to defame a legitimate company. People behind perpetrating this fake news should be in jail.
Works fine for me too.
Jinbo Group is bigger than most here can fathom. I used to be a non believer and have flipped this many times. But this is going to go down in history as one of the biggest OTC moves ever. Very soon. Better get on the band wagon. Hope you didn't sell all your shares. Time is coming!
Hey how come your profile pic is still the Z logo?
Great post. Well done.
Delinquency notices don't get FILED on WOYSoS. It is just a notification that the annual report is overdue. THAT'S IT! Please look a little closer and stop spreading inaccurate information.
I believe Richard oravec is still involved
This is indeed a VALID question. I would love to get some of the longs take on this!? Unless the answer is going to be because they want it hidden lol. That doesn't really fly.
That is quite possible Bitcoin. You do have a point. Equally valid as other points made by longs as well as myself before.
Hope you are wrong.
Art thank-you for you previous response.
I want to ask you if you think there is even a slightest possibility that this could be, what others are calling, a Scam?
Words of wisdom.
Art, do you have access to information most here don't? How do you know FINRA does not have docs yet?
Just a matter of time.
As someone nicely put, "DD is the mother of good fortune".
Long JBZY!!!
So I guess invite any long to answer my question....God father you are still welcome to respond to the question in the linked post.
Coyle I mean financials...sorry
Ooooo glad I was able to sell this morning for .0004.
OUT!
God father I respect your view point here. I was hoping you could answer a couple of concerns I have regarding JBZY's need to go public in the pink sheets.
I realize Jinbo is huge and so is Wang Dequn, in China. They probably have lots of money and assets and a backing from the government, as some have suggested I believe. So why the need to go public and that too in the non transparent pink sheets? I would have thought it would not have been difficult to raise capital PRIVATELY for such a big company in China?! So what's the need to go PUBLIC? And that too in the pinks. Why not do it like Alibaba did and IPO on Nasdaq straight???
I do realize the company may have voiced their desire to go to NASDAQ in the future. But my concern is why in the FUTURE? why even go on the pinks? I am having a hard time understanding how a company with such capital and "might" behind it could need the ROs route to an "alternative public offering"? To save some time and a few bucks? That's hard to believe. And save what time? It's already been over a year? How long did Alibaba take to IPO directly on NASDAQ after first deciding to do so? Probably the same amount of time?
Sorry for the long winded question but I wanted to make sure I also explained that I do understand aspects that have already been spoken about. But that my question arises AFTER considering those aspects.
Your shares will reduce to 7000 from 700000 if the rs of 1:100 takes effect as per the ammendment filed on wysos.
What are the odds that the next filling will contain more than $4mil in assets....they had about $3.9mil in the last quarterly.
I say odds are very high here. What are the odds the financials will be AUDITED? if Nasdaq is the goal then very likely audited....If not these ones then the Q1 2018 will definitely be AUDITED. Rome was NOT built in a day!
This stock is not for the typical penny stock traders.
See ya.
Lol....are you serious?
Let me break it down for you:
127,000,000 (Anying Huang) + 7,000,000 (Fidler) + 13,000,000 (you can take a guess) = 147,000,000.
Make sense?
Penny stock fools rarely understand those Concepts
Why after the reverse split? Why not before?
Hello sir, after reading some of your posts I am inclined to think that you are a seasoned veteran in the stock markets. My question to you is which do you think will come first? The s-1 registration with the SEC..... Or reverse split?
Thanks.
The only way it goes to sub penny ever is if the company actually dumps into the bid. I don't see that happening here. Imo... We are in for a huge surprise!
My thoughts exactly!
No it will be going to $2.5bil and beyond based on assets and partners being brought in. NOT just because of the reverse split (that's idiotic)
The idea that the company is going to dilute the shareholders into oblivion after the reverse split is completely unfounded. At most it is founded on previous experience with stinky pink CEOs.
Wang dequn could have done a 1:1000 reverse split a long time back. Why not do that earlier? Why go through the name change? Or the f'in court case? Why a mediocre 1:100 split? No real dilution from the the new management except for giving shares to a couple of insiders which are apparent from the fillings. Why now all of a sudden? There has got to be more to the story.
What happens in a typical pink sheet scam? Honestly a ceo is usually FORCED to reverse split because he needs to let the convertible note holders dump their shares into the bid....which is what happens 99% of the time. And which is why most shareholders of companies trading on the OTC go into oblivion post reverse split unless they sell early on.
BUT what do we have here? Well as per the last filling there was only about $700 of convertible note left from the previous dolat management time at a par value of .0001. so that's about 7mil shares... That's it! And realistically that's probably already converted a while back unless the note holder sees the true value in the company and is still holding.
This reverse split will not be the usual kind. And anybody looking at this closely with some intelligence will be able to see that. I think it will be an eye opener for a lot of people who hold and don't hold likewise.
Have you heard of P.E. ratios?
So you are saying $6 bil in assets would get you only $3/share? Lol. If a company has $6bil in assets you think that's all they have? No revenue? No partnerships? Lol.....
To raise capital?
What about bringing in huge capital from investors and partners by issuing then shares? Would that not bring in $$$$??? 1000 shares of Alibaba are currently worth $183,000. And look at their OS and AS! Ummmmm are you purposely ignoring this possibility?
Imo people have 3 options now:
1) wait on the sidelines indefinitely
2) ask slap now
3) chase forever (this is not going lower)
Your call! GLTA