JB and ZJMY Holding Co (JBZY)

[stcks4prft]

It is very common for start ups to have their authorized share capital much larger than their issued share capital... obviously so they can raise money from future investors.

Having authorized shares several times larger than issued does NOT necessarily mean that the company is going to sell them in the open market. For a legitimate company, it is often the case that those shares are sold to potential investors and usually carry a restriction with them so that the investors cannot sell them into the open market for several months, at the least. If Wang gives 200mil shares @ $4/share, let's say, he has raised $800mil. That is NOT the same as issuing a note at a par value of .0001/share, which is what ends up happening in a typical pink sheet scam.

As of now, NO ONE and I mean NO ONE can claim to know how these authorized shares will be converted to Commons.

Also, there is a POSSIBILITY that Wang maybe looking to do some sort of forward split in the future <------