Thursday, May 27, 2010 2:41:33 PM
In a nutshell, here are the questions I asked :
(1)-public listing of IR contact information;
Reply: Jade Art has hired a Vice President of North American operations....her name is Hsin; email vp@jade-art.com; phone is (646) 668 - 3466.......this IS valid phone number as I just got off the phone with her and we spoke for 30 minutes.
(2)-more open communication from the company, rather than just the SEC filings;
Reply: Jada still trying to understand 'western' mentality when it comes to investor communication; Hsin will coordinate and understands the concept of shareholder communication for the future and will work on periodic PR updates, other than SEC filings.
(3)-any remaining links to CHFI;
Reply: We do not have any relationship with China Finance
(4)-how many customers currently & moves to increase business/customer base;
Reply: JADA still has ALL 5 customers listed in SEC filings, and, continue to do business with all 5 customers, and, business from all 5 are consistent.
They cannot divulge what they are doing to increase business at this time ( because of none public information ).
(5) -current status of acquisition, ongoing negotiations, and what happens if no acquisition made;
Reply: Cannot comment on status of acquisition at this time because it is none public information.
(6)-consideration of share buy back & benefits if no acquisition;
Reply : Under consideration by JADA management
(7)-JADA address change on SEC filings;
Reply: request was made and latest filings ( 10-K and 10-Q )have correct address.
(8) -any forward looking information, such as possible uplisting to higher exchange
Reply: Uplisting is being considered by JADA;
cannot discuss any non public information ( forward looking information)
(9)-consideration of selling JADE at lower $ since they are only currently selling at limited volume as opposed to volume they have access to;
Reply: Under consideration by JADA management
(10)-any relationship/partnership with Zhang, as they are also in Jade artwork market;
Reply: JADA has no business relationship with Zhang Guoxi.
(11) -consider more 'western style' of forward looking language in future press releases......
Reply: Understood by JADA management for shareholders concern and reason why Hsin was hired to communicate directly with shareholders.
******IMO, this just keeps on getting better. Business moving forward is getting stronger with qtr over last year's qtr increases, no debt, increasing cashflow, and, now we have immediate English contact with the company.
Now, they have not hired a IR as yet, Hsin apologizes for first advising me that there was. IN fact, there is an IR for JADA, but, that is for the Asia markets. She does say that JADA does plan to have a North American IR rep in future, and, until then, she is open and available to answer anyone's questions.
I found it remarkable that after all the BS last week regarding zero English shareholder contact by JADA, I find that I have been contacted 6 times in 2 days and have all the questions answerd by a very open and accessable VP of the company.
All good moving forward.....Oh, yes, the website has been changed to include Hsin's contact information under the 'contact us' section........the previous NYC address and phone numbers are deleted. Hsin's information is accurate and good.....she will reply to any inquiries same day or 24 hours.
She cannot comment, however obviously, on any none public information, and she will not attempt to .
Highlites to me : Uplisting being discussed; confirmation that they have consistent ordes with ALL FIVE customers listed in SEC filings and we've seen from filings that this business in INCREASING; and now, very open English communication direct with company.
All information in this post is direct from Hsin, VP JADA.
All good.....now where's my powder !?
SyracuseO
I owe to smoking (cigars), more or less,
Through life the whole of my success;
With my cigar I'm sage and wise -
Without, I'm dull as cloudy skies !
Light up a stogie today !!
FEATURED North Bay Resources Announces Production of Gold Concentrate and Refinery Shipment at Bishop Gold Mill, California • Nov 18, 2024 9:00 AM
One World Products Sets New Standards in Sustainability With Strategic Hemp Innovations • OWPC • Nov 18, 2024 7:54 AM
Kona Gold Beverage, Inc. Updates Multi-Million Dollar Merger and Posts Over $1.2 Million in Q3 Revenues • KGKG • Nov 15, 2024 10:36 AM
HealthLynked Corp. Announces Third Quarter and Year-to-Date 2024 Results with Strategic Restructuring, Third-Party Debt Repayment, and Core Technology Focus • HLYK • Nov 15, 2024 8:00 AM
Alliance Creative Group (ACGX) Releases Q3 2024 Financial and Disclosure Report with an increase of over 100% in Net Income for 1st 9 months of 2024 vs 2023 • ACGX • Nov 14, 2024 8:30 AM
Unitronix Corp. Publishes Its Cryptocurrency Portfolio Strategy • UTRX • Nov 14, 2024 8:05 AM