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lineItemVeto

07/01/17 12:08 AM

#86454 RE: art35 #86452

Those battery companies, seem to need recharging
This one is running out of juice, soon.
Be careful, don't get caught
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Stock Farmer

07/01/17 12:25 AM

#86459 RE: art35 #86452

Sorry art35, I have to completely disagree. This has been put to rest by Floridany many times and is not debatable imo.

JB&ZJMY have suppliers for the bodies and chassis but will still sell EV cars with the Z symbol. Like a sandwich company that produces the meat, but gets the bread and condiments from other suppliers. The battery is the meat of our EV sandwich, most important part of an EV.

If JB&ZJMY makes the electric motors and batteries and uses other manufacturers for the bodies and chassis, they are still ultimately providing a full EV for sale as seen in the countless photos.

I guess there is no true "Car" company anywhere if they get parts from other manufacturers. I'm pretty sure Ford doesn't make a Ford battery for their millions of vehicles. Are they only 98% an Auto company, since they have suppliers for the batteries?

Business Description on my brokerage account (like many others):

DOLV Dolat Ventures Inc vs. Peers
No Peers data currently available for DOLV
Company Background
Dolat Ventures, Inc. is engaged in manufacturing batteries for electric automobiles. The Company developed automatic, multi-function rechargeable car power plant recharge system, which is a nickel-manganese, multi-phase, lithium-ion battery. The Company's battery offers an energy density of 180 watt (W) per kilogram. Through its subsidiary, JB & ZJMY Co., Ltd the Company developed a sport utility vehicle (SUV), which is an electric vehicle (EV) that can cover a distance up to 600 kilometers (373 miles) on a single charge and is called Millet Ming Yang V3.


https://www.otcmarkets.com/stock/DOLV/profile

Business Description on OTCmarkets.
Business Description
Dolat Ventures, Inc., through its subsidiary,JB&ZJMY focuses on the business of electrical cars and their support systems. Currently, the company plans to launch two type of cars to the market; the electrical car with max range of 330 Kms and an electrical SUV model with max range of 500 km. Both vehicles will support recharge models and battery swap/change technology.
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theslybat

07/01/17 12:26 AM

#86460 RE: art35 #86452

"Dolat Ventures, Inc., through its subsidiary,JB&ZJMY focuses on the business of electrical cars and their support systems. Currently, the company plans to launch two type of cars to the market; the electrical car with max range of 330 Kms and an electrical SUV model with max range of 500 km. Both vehicles will support recharge models and battery swap/change technology."

Sounds like confirmation there. They dont even mention batteries....

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Stock Farmer

07/01/17 12:36 AM

#86464 RE: art35 #86452

Straight from the Quarterly Report:

Products:
The Company is based in China and holds a number of Chinese pending patents and
pertaining to long lasting batteries ideal for use in electric automobiles. The Chinese electric
vehicle market – according to Bloomberg – became the world’s largest in 2015 with 507,000
cars sold, and is expected to reach 2 million vehicles by 2020. The Chinese government has
provided subsidies to help car makers achieve large scale production of electric vehicles, and has
encouraged taxi fleets and government agencies to use electric automobiles.
The company has developed a small, low-cost, fully automatic, multi-function
rechargeable car power plant recharge system. It is a new type of nickel-manganese multi-phase
lithium-ion battery: a new material system, a new process, the new battery structure, the energy
density per kilogram to 180W, 50% higher than the same specifications lithium iron phosphate
battery. JB has also developed a prototype SUV electric vehicle (“EV”) that is able to go up to
600 km (373 miles) on a single charge and is called the “Millet Ming Yang V3”.


I guess the press conference on Electric Vehicles was a misnomer and should have said EV batteries.

JB&ZJMY are launching vehicles in July. Expect to see wheels, tires, bodies, frames, windows, electric motors, batteries... all formed together into a nice looking vehicle.

Two guys won't be packing out a battery for the July EV launch. That would be awkward.

See my earlier post on Bus price point straight from the COMPANY website (very public information). They are planning to sell BUSES not just the battery.

I feel I am whipping a dead horse.

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PURA VIDA

07/01/17 1:14 AM

#86471 RE: art35 #86452

But, But - yes it is.

Regardless - have a nice weekend.
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CaniDon

07/01/17 9:20 AM

#86506 RE: art35 #86452

I'm with you Art. When I first bought in all I saw was a battery company. Did my research and bought in some. As of now I'm just counting on the batteries. If and when I see concrete evidence that there is actually more then I'll be tempted to continue buying up to a dollar.
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rookinvestor

07/01/17 12:12 PM

#86530 RE: art35 #86452

Art...this is how I read this: " Our mission is for you to enjoy driving our electric vehicle..." That's quoted from company website linked on pink sheets/OTC markets. Granted that was linked during 2nd quarter...