Jade Art Group Inc (JADA)

[Midwestrader]

Hate to point out the very obvious but...if you want to buy something you have to pay for it. So just HOW does JADA (which the Company in the LOI becomes a wholly owned subsidiary of) pay the tab? You'd think something as important as here's how it gets paid for would have been in the PR for shareholders or potential shareholders to read about. Nope...........

There is no cash,income,revenue,assets. The balance sheet is ZERO except for the soon to be $700,000 owed to Wayne for "services rendered" and the other debt which will total $4,113,584 on 7/1/22.