JB and ZJMY Holding Co (JBZY)

[naturalborninvestor]

Thanks for pointing out that boilerplate company description. You will realize that not much of your highlighted text actually fits the DD shared on this board. But I the nitty-gritty details don't matter too much in the large scale of things, right!?

JB&JZMY Holding Company---which--- through its Chinese subsidiary,

There is exactly one subsidiary and it is JB & ZJMY Co. ltd. Not two subsidiaries, not 3 subsidiaries. Not ZJMY New Energy Technology Co ltd. And also not Shandong New Energy Vehicle Technolgy ltd. The later ones you see on almost all DD documents.

focuses on the business of electrical cars and their support systems

We have all seen the financials of JB & ZJMY ltd, both prior and after the acquisition. This company is certainly not engaged in any research and development or production activity. It neither holds any patents, nor capitalized R&D activity, nor any commercial scale production assets beyond a $20k equipment value. If you believe those information are inaccurate, why trust a company in the first place that puts out misleading financial documents?

the company plans to launch two type of cars to the market

If the company plans to launch two cars, with anticipated commercialization next year (2018), heck what are all the different photo-shopped car models, taxis, trucks and buses about? Weren't we all told by the DD that the company was already busy fulfilling purchase orders for hundreds of thousands of taxis since last year? And for buses for the Bahamas?

Both vehicles will support recharge models and battery swap/change technology.

Has anyone ever seen a working swapping station in action? Or just an actual battery produced by ZJMY? We were told about 5 production units for cars that the company is allegedly involved in, yet there is absolutely no information on the company's revolutionary battery and its not less impressive swapping station. Shouldn't these examples of ingenious engineering have made some noise in the international press or an appearance on a recognized trade show by now?

Mr. Wang is the chairman of JB & ZJMY Co., Ltd

yes, that is the one subsidiary acquired by JBZY

he has been Chairman of the Jinbo Investment Holding Group based in Guangdong Province which owns patents in the field of battery technology

I suppose that is the reason why we don't see patents anywhere on JBZY's financial statements. Because they aren't owned by this company.

JB&ZJMY Holding Company (formerly Dolat Ventures, Inc.), which now serves as the holding company for Mr. DeQun’s development stage company that focuses on the business of electrical cars and their support systems.

yep, development stage. Bwt, which development stage startup starts with 5 production units? lol