Replies to post #60220 on JB and ZJMY Holding Co (JBZY)

[enthalpy]

Well what gave it away is they chose a company with a 650 million share float so they expect liquidity for the shareholders and apparently they planned for a very large company or they would have selected one with less shares outstanding. Big investors dont like illiquid stocks. DOLV was a perfect clean shell with an appropriate sized float to accommodate a multi billion dollar Reverse Merger with 30-40 potential companies all owned by Dequn Wang. He owns DOLV so he probably will put all into DOLV. The consolidated filings will show the truth with the ticker symbol change.

[xlogit3k]

Great post! Like I said before, I read an article while visiting my local Charles Schwab branch to discuss taxes on realized gains as I am trying to figure out my plan when this hits dollars.. but anyways, I picked up a Bloomberg magazine and what do I see inside? An article discussing the Chinese car market!

The article didn't discuss JB or JZMY specifically but said that there is a push to make most of the car sales in China come from domestic companies. Apparently 95% of the cars in China are from foreign manufacturers or manufactures in other countries that have linked up with domestic Chinese manufacturers.

All in all, this goes along with your point in that JB and JZMY may be the next gigantic company and are making moves in China to become one of the largest Chinese car companies to sell EV Cars domestically.

Think about it! They have the EV battery and quick swap stations and are backed by the Chinese government. When all the details come out I bet we will be blown away.
$DOLV $JZMY $JINBO