Replies to post #106399 on JB and ZJMY Holding Co (JBZY)

[Stock Farmer]

Interesting and agreed. The word "inactive" threw me off a bit.

That can be interpreted 2 ways IMO.

1 - It can mean JB&ZJMY Technology Group Holding Inc. became inactive since it was the entity that merged into Dolat Ventures, a WY corporation, under the agreement made with Wang on Dec 2, 2016.

We know it was a private company since it does not have a Central Index Key.

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=Q1n7TXpdWAOEA8b%252bgfSZyg%253d%253d

2 - It can also mean that the company became "inactive" since the Board shelved JB&ZJMY Tech Group Holding company and merged the China-based ZJMY directly into Dolat Ventures.

I agree with you that the first interpretation is the correct one. Again, I have read that merging a private-based US company into another US company is taxed once while a foreign company merging directly into a U.S. company is taxed double.

I think it is too much of a coincidence that JB&ZJMY Technology Group Holding filed its Articles of Incorporation on 11/30/2016 and Filed its Initial List of Directors on 12/2/2016, the date the DOLV acquisition agreement was made with Wang.

The control of the Company was acquired by Mr. DeQun Wang on January 11, 2017 pursuant to an agreement that was entered into on December 2, 2016. On that date Mr. Wang acquired 300,000 shares of the Company's Class C Preferred Stock which is convertible into 750,000,000 shares of the Company's common stock and carries an equal number of votes.

[naturalborninvestor]

NV corp has not merged into WY corp.

RO has made it clear that NV corp was formed before the company decided to go with the Dolv shell. Now NV corp not used and inactive as per filing. Very straightforward.

[pennylandspirit]

NO DOUBT WE ARE LOOKING AT ONE OF THE LARGEST RMs IN OTC HISOTRY!!