Jade Art Group Inc (JADA)

[Midwestrader]

Something about the whole thing is fishy and makes no sense. On one hand the listing claims only 2% of the 18.5K sq feet is rented yet the amount that Willy is charging off to JADA would indicate he's renting the whole thing at around $17 per sq ft which would be inline with commercial property rent. Of course "renting" is BS because so far it's just "accrued" rent seeing how there's no way to pay the $27K per month when this con job ticker has ZERO INCOME.

Add that rent to Willy's stipend and that's $381,261 per quarter charged to a ticker that has zero income despite Willy "buying" that Company in February. Four months when the Q2 cut off hit and not ONE CENT of revenue reported. He would have to have income from "Floworks" of $29,327 per week before operating expenses just to offset those two charges.

Right.........