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Buyer with deep pockets around 0.033.
420,000 on the bid at 0.033.
https://ih.advfn.com/stock-market/USOTC/dolat-ventures-inc-DOLV/trades
Thanks for posting the entire letter from Roger.
IMO, it is well-written and supported. I liked this paragraph. No sugar-coating it.
That's a fair assessment to expect the company to state Dequn is Jinlai specifically in a Quarterly Report or other official release to clear any confusion. I hope the Company does state it in an upcoming report or news release. They may plan too.
Above all, I expect revenues to drive the price. With 156 K in revenues in the second quarter, 3-5 cent pps is understandable IMO, since some of the news nuggets we've uncovered in China won't factor in until they are officially announced by the company in a PR.
I believe the ticker and name change (once on FINRA's daily list) will drive the pps to 15 cents or more in anticipation of Press Releases. After that, pps is dependent on how much fuel is put in the rocket booster in the form of PRs and their quantity and quality.
Obviously sales of EVs and batteries will ultimately determine the pps down the road.
Wang Dequn is Wang Jinlai in 2 steps.
No reason for RO to confirm what is clear in the quarterly report.
Wang Dequn is Wang Jinlai in 2 easy steps:
Step 1: Wang Dequn is listed as Chairman of Jinbo Investment Holding Group in the 2nd Quarterly Report.
https://www.otcmarkets.com/financialReportViewer?symbol=DOLV&id=179315
Step 2: This site lists Wang Jinlai as Chairman of Jinbo Investment Holding Group.
https://translate.google.com/translate?sl=zh-CN&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fnews.xxart.net%2Fn1009.html&edit-text=
Shenzhen is in Guangdong Province, China. Check it on google maps.
https://www.google.com/maps/place/Shenzhen,+Guangdong,+China/@22.5555518,113.773679,10z/data=!3m1!4b1!4m5!3m4!1s0x3403f408d0e15291:0xfdee550db79280c9!8m2!3d22.543096!4d114.057865
Wang Dequn is Wang Jinlai Updated:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134733169
Thank you. Looks like Roger is doing his part.
It is short sale data. I'm not sure if they are naked short sales or not.
If they are naked short sales, the MM faces fines from FINRA. See example of FINRA fining a MM for Reg Sho violations (bottom link).
http://regsho.finra.org/regsho-Index.html
http://www.finra.org/newsroom/2011/finra-fines-ubs-securities-12-million-regulation-sho-violations-and-supervisory
I believe a cite that gets its numbers from FINRA.
A little digging would confirm this. Check all the days of short volume from the FINRA site if you want. Your posts are misleading and inaccurate. We have seen 30 to over 50% of the daily volume shorted recently. There have to be a lot of shares to cover, since they are still being shorted in sizable portions of the daily volume.
FINRA reported Short Volume for 10/13/17
http://regsho.finra.org/FORFshvol20171013.txt
FINRA reported Short Volume for 10/12/17
Here is where to find the FINRA reported Reg Sho short volume from a text file.
http://regsho.finra.org/regsho-Index.html
The DOLV short volume looks accurate to me on OTCshortreport.com.
http://otcshortreport.com/company/DOLV
Outstanding Share (OS) increases mostly to Anying Huang.
In the first quarter of 2017, the OS increased by 78 million shares, which were issued to Anying Huang. No mystery there.
In the second quarter of 2017, the OS increased by 12.5 million (790,191,800 - 777,691,800 = 12,500,000). Again, no mystery here as these shares were issued to Anying Huang as seen in the second Quarterly Report.
In the third Quarter of 2017, the OS has increased by 43.5 million. 7 million of those shares were added to the OS in July. 36.5 million in August since the OS reached 833,691,800 by Sept 1st as documented on this board. The 7 million may have been employee issued shares, but we don't know for sure. The third Quarterly Report will clarify who these 43.5 million shares were issued to.
I am not concerned with the increases to OS during 2017 as we've seen the first two quarters went to a main player of this RM, Anying Huang. The third quarter increases to OS are most likely shares issued to employees and to other management who I don't see selling anytime soon IMO.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=129638625
If I were a large investor in DOLV-ZJMY and believe in my company, there is no reason to dump my shares now when I expect the price to be exponentially higher in the next few months or years.
Are these increases in OS dilution?
It is dilution since the OS was increased and the pps is "diluted" over more shares. In other words, a shareholder holds a smaller percentage of shares since more shares were issued. Personally, I can live with this "dilution" as a major player in ZJMY was issued the shares. They will not sell anytime soon IMO. It would be asinine to do so.
http://www.investopedia.com/terms/d/dilution.asp
True. DOLV acquired ZJMY on 1/11/2017 according to the 10-K.
Wang Dequn and Shenzhen Jinbo Investment Holding Group acquired majority control of ZJMY from Han Zhiming in November 2016.
I see it as ZJMY having two parents IMO. ZJMY is now living with its mother DOLV. DOLV gained custody of ZJMY in January, but papa Jinbo Investment Holding Group is still paying child support for ZJMY.
The financial support from Shenzhen Jinbo Investment Group will continue to be a major factor in ZJMY's reverse merger into DOLV. That is why Jinbo Group's financial prowess and business ventures are so important IMO. You can't separate Wang Dequn, President of DOLV, from Jinbo Group, since he is Chairman of Jinbo Investment Holding Group. DOLV has Wang Dequn which also gives DOLV the financial support and influence of Jinbo Group. That's why many post articles about the business dealings of Jinbo Group because they are relevant to DOLV.
Remember, it was Jinbo Investment Holding Group that donated the 10 ZJMY police EVs in Zhangjiakou in August.
Agree. JB&ZJMY Holding Co. is inevitable IMO.
Name and ticker will change, but meanwhile Jinbo and company are going about helping people and building their business and brand the right way IMO.
ZJMY's parent company Jinbo donated a school bus.
Looks like one heck of a school bus! We should see this come out in news articles over the next few days or week. Not sure who the maker of the bus is. The logo looks a bit different than Chery's.
DOLV's president Wang Dequn is involved with many charitable activities. I'm not only invested in DOLV and ZJMY but in Wang Dequn as well, JMHO.
Paste in Chrome and translate.
https://m.weibo.cn/status/4161463516343285
Agreed. Listen to the nonsense and miss out on 1000% gains.
This post was posted by one of our "buddies" on Feb 6, 2017. On that day DOLV closed at 0.0003. Anyone that believed the nonsense then missed out on gains of thousands of percent.
If I posted unsupported junk like the following post, I would feel morally culpable for being manipulative and for deceiving investors. I post what DD I find, and let people make their own choices, but I base my posts on research as opposed to unoriginal one liners.
IMO, DOLV acquired ZJMY, a China based EV and battery company that is making bold moves with partnerships and massive production bases.
Monday, 02/06/17 03:16:43 PM
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=128472165
Plaintiff (DOLV) needs to supply a letter addressing the legal and factual bases of the motions by October 16, 2017.
You have to have a pacer account to access the pdf documents which I do not.
https://www.pacermonitor.com/public/case/21296169/Dolat_Ventures,_Inc_v_VStock_Transfer_LLC_et_al
This was covered a long time ago by China Securities Times reporter Li Shouren.
Article about DOLV posted on July 11, 2017. The company isn't clairvoyant and didn't know that the name and ticker change would take this long.
I included an excerpt of the article that states that ZJMY's current scale of operation and corporate governance structure would not support an IPO at the time and that ZJMY were going to use the OTC pink market (DOLV) as a stepping stone, since they want to move to overseas' markets over time (see the third paragraph I included).
The whole article is worth a read for a refresher.
https://translate.google.com/translate?sl=zh-CN&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fepaper.stcn.com%2Fpaper%2Fzqsb%2Fhtml%2F2017-07%2F11%2Fcontent_1007280.htm&edit-text=
Small fish.
Dermot 50,000 shares
Hamilton 120,000 shares
Isserof 230,000 shares
https://www.otcmarkets.com/financialReportViewer?symbol=DOLV&id=136034
Note that 18 people/entities received shares for "consulting" on 9/8/2014 alone. If I were a defendant, I'd be nervous. Looks fishy to me.
Great summary and resource for accessing the DD.
I am under the impression they will debut a new website after name and ticker change.
I am not impressed with zjmy888.com. I think they are limping by for now and not putting much effort into the current site. If they were putting effort into the zjmy888.com, we would certainly see updates to the News Center including the recent videos, 21cnev.com articles on ZJMY, and obviously the 300,000 high speed factory agreement with Guigang City. We would see updated pictures of the EVs and have a tab for their products "For Sale". IMO, the effort is going into a new website.
JB&ZJMY certainly has a plan and will debut the new site on their timeline.
The new site will be jbzjmy.com IMO. It is not up and running yet.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=132066252
Thanks. I liked this part:
NO indication of a JV with TESLA IMO.
To date, I have found nothing that says that DOLV and TESLA have any kind of partnership or joint venture (other than that speculative whisper article just posted).
The restrictions on foreign automakers may be relaxed in free trade zones China according to some articles I have seen like the one below. Foreign automakers may not have to do a costly 50-50 joint venture with China automakers, however, a pricey 25% tariff would still apply.
Currently, TESLA already sells EVs in China.
https://translate.google.com/translate?sl=zh-CN&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.dealwithem.com%2F3262895%2F&edit-text=
Thanks. DOLV's president Wang Dequn aka Wang Jinlai, Shenzhen Jinbo Investment Holding Group Chairman was a featured speaker.
I saw this related Health Data article a couple days ago on the Jinbo site.
https://translate.google.com/translate?hl=en&sl=zh-CN&tl=en&u=http%3A%2F%2Fwww.jingtezmt.com%2Fbaorun%2Fvip_doc%2F6000459.html
or plug it in Google Chrome and translate:
http://www.jingtezmt.com/baorun/vip_doc/6000459.html
Long Star-ZJMY Connection DD Timeline updated:
I probably left out many pertinent posts but you get the idea. Thanks to all who have contributed.
ZJMY is a 37.7% shareholder in Guanxi Long Star as confirmed on Chinese business checking sites, and ZJMY is a shareholder in other Long Star subsidiaries as Flo as stated. Interestingly, ZJMY's production base sign is on the Shandong Long Star factory.
9/30/17 ZJMY video originally posted by Checkfan and then reposted by rstar and myself.
https://investorshub.advfn.com/boards/replies.aspx?msg=135028434
Kenimous
9/19/17 Repost of Xlogit3k's post with pictures.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134732246
Xlogit3k
9/19/2017 ZJMY in Shandong production base held a new energy vehicle production coordination
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134723129
https://mp.weixin.qq.com/s/Luwh4WlXUU2n-f7r5nyO9A
Kenimous
9/19/17 Our Cars are Made in A LONG STAR Factory.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134718733
Floridany
9/15/17 Long Star uses ZJMY tech in all their EVs.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134653453
Thanks for your great compilations of DD.
Many of your posts could be stickied and remain stickied IMO. (Sometimes we need more stickies IMO). The Long Star-ZJMY video Checkfan found could be stickied as well.
Don't miss the boat LOL. We know you aren't missing the ZJMY boat. If your friend needs a researcher, we know he will be well rewarded.
Bon voyage to you and DOLV-ZJMY!
I'm waiting for dimes and quarters first but the potential you stated is there.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134929257
Thanks for reposting the ZJMY EV promo video.
Nice find Checkfan.
The link below seems to work better for me rather than youku or soku link. This is an amazing video!
The Z car being driven in the factory!!!!
https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fmy.tv.sohu.com%2Fus%2F50119749%2F93259180.shtml&edit-text=
http://my.tv.sohu.com/us/50119749/93259180.shtml
New Jinbo article on Satellite Health Data with speech by Wang Jinlai aka Wang Dequn, DOLV's President at the Health Data Platform Press Conference.
I know it is a "blog" but I try to find all information on DOLV and it's board of directors in whatever form I can, since knowledge of DOLV's president and controlling shareholder is good to know IMO. I want to know what businesses he is dabbling in, even if those businesses may or may not be coming into the DOLV shell. Wang is well connected and has many resources.
http://blog.people.com.cn/article/21/1506655534520.html
Video of signing on China New Energy Vehicle site.
ZJMY President Han Zhiming signed the agreement.
Paste in google chrome and translate:
http://www.21cnev.com/html/201709/776546_1.html
ZJMY-Guigang City 300,000 High-Speed Factory Confirmed!!!
Verified on the Guigang City, Qintang District Government Site!!!!
http://www.ggqt.gov.cn/News.aspx?id=84513
You know me. Still looking for other sources to confirm.
I know numbers could be off on the google chrome translation, but it looks big even if it is only 30,000 high-speed EVs. I try to be conservative.
Here is the short article at another location:
http://guangxi.pprd.org.cn/guangxinews/201709/t20170927_891985.htm
Still looking to confirm that news with other sources and sites to legitimize the short article and verify the numbers.
300,000 annual output is about right for a 500 acre facility IMO. 15 billion yuan in revenue annually seems reasonable for that many vehicles. It is still huge even if the translation is off and it may be 30,000 annual output?? If they are high-speeds they are more valuable.
ZJMY-Guigang City 300,000 High-Speed Vehicle Cooperation
Still trying to find more on this but it appears that Guigang City and ZJMY signed a cooperation agreement to build a factory capable of producing 300,000 high-speed vehicles. Expected revenue of 15 billion yuan or 2.25 billion dollars!!!!
http://www.gx.xinhuanet.com/dtzx/ggs/2017-09/27/c_1121730805.htm
Great Link. Thanks. I knew what I found should have a link to another source somewhere else. I'm all for selling the low-speeds any way ZJMY can, even on the company's Wechat page.
Come on ZJMY, sell some Low-Speeds!!!
We want to see some significant revenues in the 3rd Quarterly Report.
I believe that is a Cheetah, like the Cheetah police EVs that we have seen donated in Zhangjiakou.
I posted that a bit earlier. It is the first time I have seen all the specs listed for all those models.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134879418
I already have and don't need to, but here you go:
Wang Dequn is President and controlling shareholder of DOLV (see Quarterly Reports) (Dolat Ventures), which company name has been changed to JB&ZJMY Holding Co. Inc. on the WY SOS page.
Any acquisitions/deals DOLV's President and controlling shareholder engages in is relevant to this board.
https://wyobiz.wy.gov/business/FilingDetails.aspx?eFNum=217161243108068011203050228075228024036162237117
Wang Dequn is chairman of Jinbo Investment Holding Group according to the DOLV quarterly report. Wang Dequn is Wang Jinlai (see post below).
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134733169
DOLV's president and controlling shareholder made a deal as the Chairman (legal representative) of Jinbo Group to acquire Dili Shopping Plaza in Zhangjiakou.
We've shown how ZJMY owns 37.7% of Long Star many times.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134569299
It has Zhong Ji Ming Yang all over it.
ZJMY V9, V3 Jeep, V5 and Cheetah!!!!
https://tieba.baidu.com/p/5341219630
Jinbo Group acquires Dili Shopping Plaza in Zhangjiakou:
News we know, but from a different source and viewpoint.
Jinbo has a plan to acquire and revitalize struggling businesses. I believe the Dili Shopping Plaza acquisition is part of the plan to have a huge presence in Zhangjiakou prior to the 2022 Olympic Games. That is the city where Jinbo donated the Z police vehicles.
http://www.sohu.com/a/192639019_754315
Jinbo Group - Strategic partner, Beidou Group
It is good to see ZJMY's parent company Jinbo Group has money and friends with money and huge connections.
http://www.jingtezmt.com/baorun/vip_doc/5946128.html
Correct. There is no "Rejection" stamp as I understand.
There are times when FINRA will not process corporate actions in order to protect investors, but that is it.
The company would have received a deficiency determination by this point if FINRA was not going to process the name and ticker change IMO. The evidence I have seen points to the fact that FINRA is still processing the name and ticker change.
It will happen.
Sooner or later, makes no difference to me.
The company would receive written notice from FINRA if there was a Deficiency Determination on the corporate action. The company (Issuer) then has 7 days to appeal the FINRA deficiency determination. If the company does not appeal within 7 calendar days, then the determination is constituted as final action by FINRA.
If the company does appeal a FINRA deficiency determination within the 7 calendar days, a FINRA 3-person subcommittee will convene once a month to review the prior month's appeals. FINRA will make a decision within 3 business days following the day the appeal is considered(reviewed) by the subcommittee. The subcommittee's decision constitutes final action by FINRA.
I think the company would have to release that information to the shareholders in a PR, or other form of communication. FINRA notifies the company, it's the company's responsibility to inform the shareholders.
I do NOT believe their has been any such deficiency determination by FINRA. The company refiled the corporate actions according to RO's emails posted on this board, but I think that was due to a certain time-limit that had lapsed.
It is evident that FINRA is still working with the company based on the posts referencing RO's emails that say that the company has been and is still in the communication/comment process with FINRA. According to some recent posts, the company is just responding to FINRA's final comments and that they are minor at this point.
FINRA MANUAL
http://finra.complinet.com/en/display/display_main.html?rbid=2403&element_id=9364