Friday, April 24, 2020 10:58:24 AM
1 - arrest of top officers, the disappearance of CEO and top shareholder -https://www.sec.gov/Archives/edgar/data/1710350/000121390019021663/f6k103019_goldenbull.htm
2 - $35k in cash 1/1/20 and reported SG&A of $200k per month. No filings indicating how company has obtained operating capital. Who is paying the light bill?
3 - No filings disclosing impact of COVID-19. DNJR's only operating business since December '19 per filings is car rentals. Travel restrictions in China Jan. - April halted car rentals. DNJR could literally have zero revenue for Q1 but no mention of any material change in business mentioned in March 25 filing.
4 - Why can't DNJR file "LAST YEAR'S" financial statements by April 30? With only $35k in revenue last six months how complicated can it be?
5 - In announcing unaudited results for 2019 on March 23, 2020, why no update on QTD? Only 1 week left of the quarter. Did Covid-19 have any impact? Did the company ever locate the CEO? Has the fired board member that owns almost half of the company's stock been found yet?
6 - is company selling stock to fund operations? No filings of stock sold.
7 - Are fired CEO Zheng or board member Liu selling their stock? If you disappear and refuse to communicate with the company, do you hold your stock or sell it? And if you sell it, do you go to the office and complete the paperwork they require with each stock sale? Looks like these guys are dumping stock as fast as they can and company is not filing proper documentation with the SEC
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