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777, I'm also thinking there might be some public announcements, PR's made in china before posting in the U.S.
I have learned a lot watching this merger between China & the United States and have realized there's a lot of t's to cross and dots that have to be made. I'm very encouraged because I see this company doing everything by the book and compliant to the process. Time isn't a concern for me because I know they are hard at work behind the scene. We have a winner here worth waiting for. News is coming and we are ready to see the curtain unveiled! Holding JBZY long & strong!
Market fluctuations mean nothing for this stock unless your a flipper. Longs are secure! Locked and loaded for explosive gains! And that's no joke! All these negative posters don't have a clue! Read the DD for yourself!! This stock is not based on emotions and is not a pump and dump like 95% of most otc stock! This is of coarse MHO!! God bless the longs!! Holding JBZY long and strong!
Kmd54, I suggest you read all the yellow stickies and make your own decision. There are many longs invested in this stock and believe it will reward those who are patient. I am one of those. Go JBZY long and strong!
Good job Floridany! We have a tremendous team of DD hounds that know how to do their job thoroughly! This JBZY beast is about to be unleashed!! News is coming soon! Time to unveil the curtains!
Come on news!!! Mama needs a new pair of shoes!! Lol ??
Thank you Stock Farmer!
Would someone please give me the link that shows the construction of the new manufacturing facility being built? I can't find it in any of the links. Thanks in advance!
If longs are getting discouraged, they need to re-read the DD! All this needs is time for the OTTV administration to work their plan and investors to chill out and be patient! I'm for one, not going anywhere until we're bought out or it reaches $$. Johnny has already told us he's worked years in getting this started and failure is not an option.
I agree
It's coming legoman! Read PM's sticky and you'll see internal money being pumped into this company. Now we need to give them some time to get the advertising machine rolling! OTTV long & strong!
Thanks White! Love to see those bullet points! We are seeing the birth of a company in its formation! Patience will be golden here!! I'm long and holding tight OTTV!
Mariner, love the side by side comparison!! Would you consider compiling a dateline of events from conception until now? Your organizational skills are appreciated!
Thanks for considering this!!
OTTV long and strong!!
Excellent!!! Thank you Manti! Have a blessed evening and prosperous coming week!
Question: when a stock goes to Nasdaq, does it have to hold $4 for 1 year? When does the 1 year period start?
This stock is the real deal! I've got a buy order ready for Monday morning. This is the opportunity of a lifetime!
Of coarse he can do as he wants. He's the president, founder, CEO of the company! Doesn't that make common sense? Go JBZY!
Those question Marks were suppose to be two thumbs up!! Lol
No, this company is NOT a joke! It's ground floor of a company being established. If you can't see that, too bad. Look at the timeline. Surely you can see the major progress being made. If not, Move on to what you feel comfortable investing in.
Cheds, at what price is the chart showing the buy signal? Thanks for helping me to understand this!
I love reading this post!
CEO's OWN WORDS:
<<Am not resting till this company becomes a billion dollar Co. Put 8 years of my life into this and failure is not an option.>> Post#57963
Don't tell me this man hasn't got the determination, skills, and ability to put the right people in place to see this company succeed!!
He's got my support 100%! Go OTTV long & strong!!
Great job Reegy!!
Time to load up! Trust the DD and hold tight! I've transferred more funds and will buy on Monday! These prices are a gift!! Don't be fooled by the false accusations. PR's and financials are coming soon! Patience will be rewarded!!!!!
Just checked my buy order that I put in last night! Order was filled! Thank you whoever you are for giving me 45,328 shares at .055! That's my last buy! Now I wait for news, news, and more news!!
Just wait till we get our first PR, then we will see what we've all been waiting patiently for! Holding long & strong! No worries here!
Thank you Shark!
Exactly right!
Audited financials will come in time. It's time now to let the company run it course step by step!
777, thank you, thank you, thank you! Your organization of DD is so much appreciated!! Never have I seen such professional organized research presented in a OTC. Many thanks 777 and to Floridany, livingthegoodlife, stock farmer, art35 and the others who have contributed to this board. The Bible says, My people Perish for a lack of knowledge. There's definitely not a lack of knowledge presented on this board! It's now the choice of each investor: do you believe it or not? The evidence is overwhelming! What has been projected has happened. I've acted on what I believe and now wait for the curtains to be pulled back to see what we have! I couldn't be happier and know I won't be disappointed!
Are PR's ever posted over the weekends?
I am so grateful to be part of the new JB&ZJMY holding company! Been here a long time and have patiently waited for the process to be finalized! I purchased my last buy yesterday and have a number of shares that I believe will bountifully reward me in the future. This is NOT a ordinary OTC stock. I could have flipped and made good money, but didn't because the long term is too significant here and I don't want to take the chance of missing it. I'm not risking a single share because I see the potential to produce major money. As some have said, this is a "zip code changer", and I agree 100%. My advice is to know what you have here and to ignore the trash talk against this company. My wife and I have done our research and know what we have. Now, we wait for the process to continue to unfold! Our future with this company looks good. The day to day means nothing. Look long term and hold! I pray the best for all JBZY shareholders.
Friends, this is headed for $$$! These are still bottom prices for where this is headed!
Great job Stock Slayer! This board has the best of the best in DD researchers! Go DOLV
PB, we are praying for your recovery! The Lord is faithful! Go PB & OTTV !
I just finished watching channel 24 China News on Dish. They ran a special on the EV technology and advancements in China. In the interview with government officials, they said they (China) intend to be the world leader and developer in the advancement of electric transportation. They held the interview at a EV car show in Beijing. They said they (china) will provide EV transportation to meet the demands for every family, from luxury to economy. The interview didn't mention any current manufacturers, but did say that much progress was being made. They also said that top leaders are building relationships in the United States to advance the EV market. They did mention California along with another state, but I can't remember the other state. My wife also watched with excitement knowing that we have invested in this EV market. Exciting times are ahead folks. Give DOLV management all the time they need to satisfy the demands of finra. Patience will pay off! We are sitting on a gold mine which is about to be discovered.
Awesome news!!
God-father, the island dilemma can be easily fixed: buy both! Lol Staying long and strong!
I've added more today and waiting patiently for the business to grow. Worth the wait!!
When is the quarterly due?
Insider Financial
Dolat Ventures Inc (OTCMKTS:DOLV) Is A Discount Entry OpportunityMOMENTUM & GROWTH
Dolat Ventures Inc (OTCMKTS:DOLV) Is A Discount Entry Opportunity
ByJarrod WessonPosted on October 1, 2017 COMMENTS
Dolat Ventures Inc (OTCMKTS:DOLV), which develops rechargeable car power plant recharge system and Electric Vehicles (“EVs”), was recently assessed again by our team after the company released a new quarterly report.
Photo from the DOLV's website
Photo from the company’s website
Our readers will remember well that we promised in our previous piece that we would be alert to address new announcements informing about the company’s merger with JB & ZJMY Co., Ltd. In the new 10-Q released, we found more details. Additionally, the new financial figures released seemed to be appreciated by the market. Thus, we believe than an update on this name is necessary.
Have a look at the recent share price action and note the share price reaction on the release date, September 12, 2017:
One year stock chart for Dolat Ventures Inc. (OTCMKTS:DOLV)
1 year chart for DOLV
One month stock chart for Dolat Ventures Inc. OTCMKTS:DOLV
1 month chart for DOLV
Let’s first revisit DOLV’s business history. DOLV was founded in Nevada in 2006. It is headquartered in China. The company has gone through several transactions.
On February 9, 2009, the company entered into an acquisition agreement with Dove Diamond and Mining, Inc., paid with 20,622,000 shares.
On April 13, 2010, the company entered into a Share Exchange Agreement with Millennium Mining LLC.
On December 30, 2015, the board of directors agreed to acquire Patriot Development Corporation.
On December 2, 2016, the company merged with a Chinese company, JB & ZJMY Co., Ltd.
What’s the business model?
The company operates in the Chinese electric vehicle market, which, according to Bloomberg, became the world’s largest market for electric vehicles with 507,000 cars sold. It is expected that 2 million cars will be sold by 2020.
Why is this opportunity in China?
The Chinese Government is obviously helping. It has provided subsidies to EV manufacturers and has encouraged taxi fleets and government companies to use these type of vehicles.
What’s the company specialized in?
In the company materials, we could read that DOLV developed “a small, low-cost, fully automatic, multi-function rechargeable car power plant recharge system.” The difference with other systems is that the energy density per kilogram to 180W of its batteries is 50% higher than that of lithium iron phosphate batteries with the same specifications. Additionally, the company also has its own prototype SUV electric vehicle called “Millet Ming Yang V3.”
What’s new?
In the new quarterly report, we could find the new financial statements of the quarter ended on June 30, 2017. It is key to check how the financial situation evolved after merger with JB & ZJMY Co., Ltd. As we said in other reports, the integration process after the merger is very important and will determine the future of the new company.
Thanks to this merger, the company increased its assets, know-how, patents and gained a percentage of the EV market in China.
Have a look at the financial situation of the company after the merger. Please note that the amount of assets and liabilities increased.
DOLV Financial Situation
DOLV – Increase in assets and liabilities
This is great, but is the company generating revenues?
Yes, it seems that the merger worked out and the two companies were able to collect the first payments for their technology. For the six months ended on June 30, 2017, $156,520 were noted and the net profit was equal to $76,064. We believe that these numbers made the market appreciate the new 10-Q.
Are you concerned about stock dilution and share structure? For those interested in calculating the book value per share or checking the amount of shares the company issued, have a look at the share structure:
Market Value $26,344,661 a/o Sep 27, 2017
Authorized Shares 2,000,000,000 a/o Sep 01, 2017
Outstanding Shares 833,691,800 a/o Sep 01, 2017
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float 643,163,847 a/o Dec 31, 2016
Par Value 0.001
Source
Conclusion
Currently trading with a market cap of $26 million, DOLV is an exciting story among small caps. We believe that the market is finally pushing up the share price to celebrate the recent merger. As we said in previous reports, we needed to check the amount of assets that the new merger would bring as well as the know how. In this new report, we could see those new assets as well as the liabilities.
Finally, it seems that the company has been able to integrate well both companies and we, like the market, appreciate the positive net income reported. We will need to check the next quarters and look for an upward trend in earnings, but so far so good. Overall, the company is forging ahead and with it, expect a much higher share price.
Be sure to check out our coverage on DOLV.
We will be updating our subscribers as soon as we know more. For the latest updates on DOLV, sign up below!
Image courtesy of Ju Han Kim via Flickr
Disclosure: We have no position in DOLV and have not been compensated for this article.