JB and ZJMY Holding Co (JBZY)

[PURA VIDA]

Just a simple weekend post of opinion.....

I have been following this stock and actually quite active in the DD process earlier on.

At this point in time, I must say that nothing the company has done to this point can be called "normal" or "logical" in the US market investment sense.

Everything that was dug up about this company was done so by those of us who were incredibly hyped up about this opportunity. The company itself has offered nothing but late unprofessional filings which needed to be amended several times.

The listed I.R. person who happens to be the individual who orchestrated the reverse merger with the Dolat Ventures shell (DOLV) has been hit or miss the entire time. He indicated on several occasions that he was upset with Mr. Wang due to lack of timely payment for his services. Some of us thought that Mr. Wang was holding back payment due to Mr. Oravec's pick of a dirty shell, one that we figured took longer to clean up and more expense to get current. But, all of that too is just a guessing game.

The length of time to get the name/symbol change is also somewhat of a conundrum and kept everyone guessing. Several of us thought that big things would begin to take place after that happened - but nothing major really came about.

Two different investors who I communicated with off this board actually went and met/spoke to the company in China. (The outcomes of both of those can be summed up as - puzzling at best) Then several others had acquaintances they know stop by the ZJMY showroom in Beijing as well.

I spoke to Richard Oravec via phone on one occasion for over 40 minutes. He ensured me that ZJMY was the company that Han Zhiming had and that was being merged into JB & ZJMY Holding Co, Inc. in FULL. He did say he had no idea what the assets were or the value.

Then out of nowhere we get a Reverse Split. I mean that made absolutely no sense at all. The only way that would have made sense is if the company was ready to execute a plan to uplist... and by ready, I mean had the investors already lined up to utilize the preferred shares that Mr. Wang holds. He would have gotten the common shares down to a manageable 8.45 MM and then he could have used the preferred shares to entice in the new investors. But, this did not happen. I find this the most puzzling part. If he would have been ready, the price would easily be over $4.00 per share right now. The company had the opportunity in the palm of their hands - but nada. (This is truly perplexing to me)

The annual financials that took FOREVER to get posted to OTCMarkets, the lack of payment to OTC and lapse of coverage, the late payment to the Wyoming SOS for the business license/listing - all of this is just so incredibly peculiar.

So, at a certain point in the game, in order not to be in the red/hole, I had to begin flipping the hell out of this one. I've been burnt before and I didn't intend to get burnt again.

Can this one really surprise us and am I going to continue to watch it for that surprise - yes. Am I holding my breath for a BIG change - No.

I truly hope it does SURPRISE us all as I have several friends still holding large numbers of shares albeit 100 times less than what they originally held and not very happy.

Then of course we have all of the DD, the websites, the images of vehicles, the online video's etc. Totally perplexing to say the least.

Tap the following link for google search images >> https://tinyurl.com/y729yayl



Very disappointed to date would be an understatement......
EOM