JNS Holding Corp (JNSH)

[anunnaki]

According to the chart. EV sales in Chicago are in the top 5 WORST out of 25 cities. Their Market share is .03% So all the articles we have been reading stating EV's Have failed miserably in Chicago is true. Maybe it is the -5 degree winters. In a place like SF it command a 6% market share. That must be taken into consideration when we follow the EV monthly scoreboard. Chicago will always have lower sales. (note the chart is from 2014 but EV sales has rising only 2/10 ths of s percent since)

A .03% market shares means that out of every thousand cars sold in Chicago, only 3 are EV's. These EV 's have their own private charging stations. Which explains why JNSH's public chargers are rarely used. They are probably only used at popular places as parking spots. Going to whole foods and there is no parking? just plug into a public charger and park two hours for 3 bucks. These are probably the only chargers that get any use. I calculated that the numbers that JNSH provided earlier this year of 911 sessions per month at an average time of 2.31 hours comes out to maybe an average of a half hour of use a day per charger. Just guesses here, I am not sure how many chargers there are. Here you have a lousy business model. A sector that isn't doing well in a particular city, a business that is rarely used and makes virtually no money.

The value of the network is probably worth 100k tops if they could find a buyer. NRG selling off it's chargers because they were losing money is a wake up call. If anyone, they knew the future. That brings us to the lawsuit. What sort of damages can they expect if the Network isn't generating money?

So we now know the network is worthless and the settlement that would get millions would be a fraction if anything. CCGI probably has their lawyers on retainer and can drag this out for years if they are asked to pay anything. The only thing left is the electrical contracting business. The net revenue generated is a fraction of the gross. That is the way small mom and pop businesses operate. We would do the same. In fact I would take even more money. I would rather pass on my profits with my family and workers and have the flexibility to have more competitive bids.

Now to crunch some numbers. Given the data we have of growth and projected growth in the EV sector in Chicago, the lack of usage and revenue. The network may be worth 100k.

The electrical contracting business would probably be valued at about the same if sold. Because that is probably what it would cost any electrician to start up a business from scratch. Lease trucks, rent and equipment and just bid on jobs. That would make fair value for JNSH at about .001.
(potential dilution can drag it lower)

as always anunnaki's opinion.

http://www.greencarreports.com/news/1099636_what-cities-have-most-electric-cars-in-the-u-s

Can someone sticky this post.