Jade Art Group Inc (JADA)

[macgrady2004]

I was reading the prospectus for China ceramics and came across this little piece of information, "For the past three fiscal years, the second and third calendar quarters are the peak season of the property developing industry, and, therefore, China Ceramics’ quarterly sales are usually highest from May to September compared to the rest of the year. In addition, China Ceramics has observed lower sales between the months of January to March. This is because property developing activities are low due to the effects of cold weather and the PRC Spring Festival." Since both jada and ccltf operate in similar residential and commercial construction industry, it may be proof of seasonality within jada's business.