Wednesday, June 19, 2019 12:18:37 PM
The problems are:
1) Wang is still hiding from Chinese authorities;
2) JBZY still doesn't have good financials to show;
3) JBZY doesn't have an IR to represent them in the US (I guess RO is working for Han behind the scenes, hiding from death treats over the phone).
Wang just jumped in this boat because he promised Han that Jinbo would finance the production of Z cars, but as Jinbo ended up being a big scam in China and has no money to finance the production, it never happened and Han was forced to look for other partnerships.
When these 3 things line up, we may see some results. In the meantime, JBZY will remain as a defunct.
I haven't talked to Han for a while, because I know there's no news. So it's better to leave the dreamer alone, trying to realize his dream.
This is my take. Hope this answers your questions.
**DISCLOSURE** My posts express my sole opinion. They are not investment advice nor a recommendation regarding any course of action. My opinions are subject to change without notice. Assess investments according to your personal financial circumstances.
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