JB and ZJMY Holding Co (JBZY)

[Stock Farmer]

Happy to help.

A "shell" company is characterized by the absence of revenue generating operations. Is there anything in the Q report that suggests the company is earning revenues? Nope. So it is a shell.

I know perfectly well what a shell is. Reread my post. I state multiple times that DOLV is a shell. ZJMY is reverse merging into said shell, so the shell is dissolving into the new company JB&ZJMY Holding Company.

Cash balance of $299,511 an increase from the DOLV shell that listed $3617 the year before.

An increase of current assets of over $2 million from the December Balance Sheet. DOLV was a shell. JB&ZJMY is quickly filling that shell and will continue as the public company. DOLV's shell will soon burst because of what is coming into it courtesy of ZJMY in China.

http://www.rule144solution.com/definition-of-a-shell-company/

Rule 144(i)(1) defines a shell company as a company that has:
(A) No or nominal operations; and
(B) Either:
No or nominal assets;
Assets consisting solely of cash and cash equivalents; or
Assets consisting of any amount of cash and cash equivalents and nominal other assets; ...

You also incorrectly conclude from a one time, unaudited cash inflow to payment payment made "every quarter". Confusing facts with opinion.

First of all, your statement is "Confusing". I stated it as opinion, that's why I said "probably". Again, reread my post if you didn't understand it the first time. I shouldn't have to include a Safe Harbor statement in my post. My post is not an official Press Release. It's of course, IMO when regarding future events, because I'm not clairvoyant. However, I have a good idea where this is headed based on the DD and research.

We will probably see paid in capital of around 2 million in every quarter this year. I expect about 8 million being invested by the majority share holders in 2017.

And while you are on it, why don't you dig up that 50 million yuan in registered capital that mysteriously disappeared from paid-in capital?

Something can't disappear if it wasn't there to start with. Do some research on Consolidated Financials. DOLV has not filed the consolidated financials yet. The consolidated financials will include preexisting registered capital (Assets) of ZJMY, and Wuhu, since ZJMY owns 70% of Wuhu Huaba Electric Vehicle Co., Ltd. Wuhu had about 30 patents. They should be valuable.

Wiki makes it easy for us to understand.

Consolidated financial statements are the "Financial statements of a group in which the assets, liabilities, equity, income, expenses and cash flows of the parent (company) and its subsidiaries are presented as those of a single economic entity", according ... International Financial Reporting Standard 10 "Consolidated financial statements"

From April 6 Press Release

The Company intends to file consolidated financial statements reflecting the acquisition during the next two weeks. We thank our shareholders for their interest in the Company and patience while we bring our filings current.

The Consolidated Financials are coming soon IMO.

Since you are here all the time, why don't you do yourself a huge favor and buy a small position in DOLV (money you can afford to lose since all pennies are risky), and try it out for 60 days. If several of the catalysts haven't happened by then sell and you can cuss me all you want.

GLTY