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Re: throwerw post# 50485

Thursday, 09/02/2010 11:58:38 AM

Thursday, September 02, 2010 11:58:38 AM

Post# of 94785
JADA--yes, over at Yahoo, former shareholder Brodband claimed he was selling his 150k shares and now appears to be shorting the stock, judging from his cascade of sarcastic and/or neg posts. There's some other basher-shorter posting there, "Chinaplayersclub." They're both making noise about the Barron's mag article on reverse merger cos. and trying to cast aspersions on JADA in a "guilt by association."

Poster "controller1," a licensed CPA, has adeptly pointed out how simple and straightforward is JADA's business model and accounting.

Meanwhile, at the IHUB Jada board, poster Shermadog (empireok at Yahoo) asked that his reply be posted to this CGS board; here it is:
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Reasons why JADA is a buy:

1. JADA is a cash machine. Counting cash and A/R JADA has $.264 per share in cash and adds to that an average over 5 cents per quarter.

2. JADA has grown EPS the last 4 quarters YoY by 60%. (From 11.45 cents to 18.34)

3. JADA has not diluted shareholders by 1 share for over 2 years.

4. JADA has increased its communication with shareholders by hiring a North American PR person.

5. JADA has committed to filing on time and has done so this year.

6. JADA has updated their website.

7. JADA has over 21 Million in Cash/AR.

8. JADA has plans to carry out acquisitions and mergers to become a vertically integrated supplier of jade and jade-carved artwork in China and has the cash to do so without dilution.

9. Price and demand for Jade continues to rise while JADA’s cost basis stays the same.

10. JADA trading at lows where there is lots of support.

11. JADA PE ratio is a measly 1.8. Backing out cash its .2 (yes the company is only currently trading for 6 cents above what it has in cash!)

12. Public relations has hinted at a share buyback might be coming. She stated they are trying to put the information together and will release the PR when they do.

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