Replies to post #105559 on JB and ZJMY Holding Co (JBZY)

[sta loose]

agree.. however it was signed by the 'new CEO'..
w signature present.. i also see it as a company clearing..
dated & time stamped..
jmo.

best,

[Stock Farmer]

A company has to be current and meet FINRA's requirements for FINRA to process corporate actions.

You miss the mark again and again.

As the Security Times article stated, that was widely distributed in China, FINRA required a "more rigorous and detailed audit". This 10K is further evidence of that. At this point, I hope FINRA's request for a more detailed audit is assuaged, but if not, JB&ZJMY's PCAOB registered accounting firm will continue to "clean" and clear things up so the name and ticker change can become effective.

IMO, this 10K also further proves that DOLV was/is a "Shell" company because of the "Nominal Assets" as defined in rule 144.

Cash and Cash Equivalents

The Company considers all highly liquid temporary cash investments with an original maturity of twelve months or less to be cash equivalents. At February 28, 2013 and February 29, 2012, respectively, the Company had $2 and $10,216 in cash equivalents.

That's the definition of a shell if I ever saw one.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


To the Board of Directors of Dolat Ventures, Inc.

We have audited the accompanying balance sheets of Dolat Ventures, Inc. as of February 28, 2013 and February 29, 2012 and the related statements of operations, shareholders’ equity and cash flows for the years then ended. Dolat Ventures, Inc.’s management is responsible for these financial statements. Our responsibility is to express an opinion on these financial statements based on our audits. We were not engaged to examine management’s assertion about the effectiveness of Dolat Ventures, Inc.’s internal control over financial reporting as of February 28, 2013 and February 29, 2012.

We conducted our audit in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. The company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Dolat Ventures, Inc. as of February 28, 2013 and February 29, 2012, and the results of its operations and its cash for the years then ended in conformity with accounting principles generally accepted in the United States of America.

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 3 to the financial statements, the Company’s ability to raise additional capital through debt and/or equity financing to fund its operating costs is unknown, which raises substantial doubt about its ability to continue as a going concern. Management’s plan in regard to these matters are also described in Note 3. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.


Pembroke Pines, Florida
July 24, 2017

Again ZJMY is backed by Jinbo Investment Holding Group which owns battery patents. The NV company is "inactive". To date the company holds patents, has produced prototypes, anticipates commercialization. This is what should be taken from the following paragraph.

The "To date, the company has produced prototypes" is a statement. That statement does not exclude the possibility that the company has also produced low speed EVs that are and have been for sale. That statement is not all inclusive of what the company has done and is currently doing. There are many things going on behind the scenes that we will have to wait for the PR to formally announce.

Business Experience

Wang De Qun, 56 years old is a Graduate of the University of Zhejiang Hangzhou City with a Bachelors in Computer Engineering awarded in June of 1989. Since 2004 to present, he has been Chairman of the Jinbo Investment Holding Group based in Guangdong Province which owns patents in the field of battery technology. He is also the President and controlling shareholder in JBZJMY Technology Group Holding, Inc., a Nevada Corporation, founded in and inactive since 2016. In addition to the above, he is the controlling shareholder, President and sole director of the Company, Dolat Ventures, Inc., which now serves as the Holding Company for Mr. De Qun’s development stage company that focuses on the business of electrical cars and their support systems. To date, the Company has produced prototypes, holds Chinese Patents, and anticipates commercialization pending on market conditions.