JB and ZJMY Holding Co (JBZY)

[naturalborninvestor]

You should really learn about "losing face" in China and why Chinese people try to avoid local cars (see video). So even if ZJMY manages to (let) produce decent cars, they have a massive marketing effort ahead: Not only educating the market about EV's, but more so building trust for local made cars. And so far, they did a poor job in this respect. No marketing, no promotional materials, no online coverage, no social media, no ads. No customer support, no dealership info. Just a lousy website and some even worse pictures assembled on a conference invitation made with hypefolio.com. Add to that the dark past of the ticker, the avoidance of SEC filings for a merger, missed deadlines and a misstated balance sheet and I wonder how this can be taken seriously. Seriously!