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Saturday, 04/16/2011 8:42:49 PM

Saturday, April 16, 2011 8:42:49 PM

Post# of 11666
Hypothetically....

Let's say that everything is going along just fine at JADA. They're selling jade and making money. The simple problem is that management isn't communicating with their stockholders (owners).

Now, Morningstar shows Jade Art Group's market cap at $6 million. It also shows inside ownership at $1.9 million which represents 31.6% meaning that management does not own a majority of the company.

Someone could theoretically begin accumulating shares and once they reach 50.1%, take control of the company. Now, usually this type of idea may seem far fetched but consider that today, 50.1% is only just over $3 million. Get a group of six investors together and it's just $500,000 a piece.

Let's not forget that the market cap of JADA used to be over $70 million! Their next income in the last 12 reported months was over $8 million.

Sure sounds like a heck of a value to me?