Replies to post #145428 on JB and ZJMY Holding Co (JBZY)

[lineItemVeto]

DOLV took six months, not FINRA.
Another poster has pointed out this whole process takes a couple weeks when paper work is submitted. This poster referenced FINRA chapter and verse.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=135768976

[November61]

Guess what FINRA do and did approve scams in the past.

One poster keeps on showing the infamous list of R/M.
Take that list and look at the first.

LFZA got approved by FINRA for a ticker change into USSE. The CEO Rivera, now dead, was running a huge scam.
Saving America with soy beans.
Everything was positive, except could not mass produce.

During the run, from 0.0005 to 0.84, family members sold 750 million shares obtained at 0.0001.
No real dilution, just personal family gain.

So yes, FINRA can approve scams.

Ask old timers.

[Neophius]

Another ridiculous strawman.

Tencent is a successful company with revenues, products, and services that are easily verified independently. They've gradually expanded by delivering on their transparent mission statements and acting in good faith with Chinese and American markets.

They didn't have to acquire a non-reporting dirty American shell to raise American capital.

FINRA approval doesn't mean legitimacy. It simply means that insufficient reason was found to deny a corporate action.

As I've stated repeatedly, FINRA has approved corporate actions for entities that have proven to be scams later on. There wasn't sufficient grounds to deny those actions at that time.

I'm sorry that isn't what you want to hear, but it's REALITY.