As part of the acquisition the company will be offering to current and future employees based in the Peoples Republic of China the opportunity to purchase new JB&ZJMY Units consisting of one share of common stock and one common stock purchase warrant for $0.10 (Ten Cents) per Unit with the attached warrant exercisable for two years at $0.15 (Fifteen Cents) for a total of 10,000,000 (Ten Million) units pursuant to a Regulation S offering on a best efforts basis expiring on July 17th 2017.
Founded in March of 2015, http://zhongjimingyang.com/en Ji Ming Yang focuses on the development of batteries for â??New Energy Vehiclesâ?.
The company possesses a number of patents seeking to enhance and extend battery life while also reduce operating costs.
The Company seeks to commercialize solutions to the problems faced by all vehicle battery manufactures, such as shortage of battery life, expensive materials, and charging station issues.