Jade Art Group Inc (JADA)

[phillyfury]

This is the reason I'm not too worried, long-term.

http://www.gczb.cc/news_show.aspx?id=1094

Picked for the Asian Games obviously says a lot.

There obviously is an effort, backed by the top honchos, to promote this variety of jade, or whatever you want to call it.

So, I don't see JADA losing all its business.

Growing pains? Yes. Finding credible costumers? Yes.

But, She- Tai, seems to be on a growth curve, as far as introducing it to Chinese consumers.

I guess you have to ask yourself whether even under the worst-case scenario, JADA will fail to sell a single chunk of this gem, which has just been proudly gifted to dignitaries at the Asian Games?

I'm betting She-Tai is not going away and JADA will be distributing it for the foreseeable future, despite their miserable failure to keep US investors informed.