Friday, October 27, 2017 10:49:10 PM
IMO, we will see millions in revenue soon based off of low-speed EV sales in conjunction with ZJMY's low-speed OEM Guangxi Long Star. ZJMY owns 37.7% of Guangxi Long Star which produces 150,000 EVs annually.
150,000 EVs annually = about 411 EVs per day.
ZJMY became a shareholder in Guangxi Long Star on 8/16/2017. It's been over 70 days since ZJMY became a shareholder in Guangxi Long Star.
70 days x 411 EVs per day = 28,700 Low-speeds produced.
28,700 EVs x $5000 USD (average low-speed price) = $143.5 million.
37.7% of 143.5 million = about $54 million USD.
JB&ZJMY has the potential of over $50 million USD in low-speed sales since ZJMY became a shareholder in Guangxi Long Star on 8/16/17. That gives the potential of 45 days of revenue from sales of EVs in the third quarter.
45 days x 411 EVs per day = 18,495 EVs.
18,495 x $5000 USD per EV = about $92 million USD.
37.7% of $92 million = about $35 million USD.
I know the EVs need to be sold but the potential for millions of revenues in the 3rd Quarterly is there. I would be shocked not to see revenues in the millions in the 3rd Quarterly Report and definitely in the Annual Report.
These numbers only take into account 37.7% of Guangxi Long Star.
Those revenue potential numbers don't include the rest of Long Star and as we know, Shandong Long Star is ZJMY's production base!!
People need to quit looking at today only. It's like staring at your feet. Look forward a bit and we can see the potential of JBZY, and man, is it crazy high.
I for one am happy with where we are today with our new ticker. I feel like the company just received a new heart transplant this week and pps is still much higher than it has been most the year... PPS goes up and down in the process.
Long Star-ZJMY Connection DD Timeline updated:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=135042079
Thousands of Low-speed EVs produced by Long Star.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=135736835
Dollars will come in time.
My posts may contain forward-looking statements which may be beyond the comprehension of any backwards-looking individuals. I speculate, this is the OTC after all. In my opinion, all my posts are IMO.
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