JB and ZJMY Holding Co (JBZY)

[EVIndustryMan]

No, there are only two sentences pertaining to the business:

The basis for the Company’s business are Chinese patents, developed in and patented in China. The marketing is conducted from China where corporate purchasers are being sought the Company’s batteries and/or small fully electric powered automobiles.

The basis of the business is Chinese patents. Full stop.

The company is "seeking" purchasers. They don't have any yet.

In fact they admit there's not much to the company.

as a small subsidiary of a large corporation

How can you claim corporate purchasers or actual production? The letter says neither and the alleged battery technology has already been shown to be nothing but puffery (at the best).