Replies to post #160437 on JB and ZJMY Holding Co (JBZY)

[kickask]

That would be a pretty significant subsequent event!!! You do know the requirements of GAAP, right.

[naturalborninvestor]

the deal was closed in January 2017, the last preferred shares were transferred in April 2017. Because of the "done deal" they had announced consolidated fins "within 2 weeks". According to GAAP (which they say they are using) the financials must be consolidated since Q2.

[rookinvestor]

PLS.....I thought sales of vehicle and the 37% investment occurred during 3rd quarter.....well, at least it was posted here....

[Porgie Tirebiter]

See Note 8:

On 12/2/16 JB&ZJMY issued 300,000 Class C preferred shares to Mr. Wang DeQun to merge with JB &
ZJMY (CHINA).

https://www.otcmarkets.com/financialReportViewer?symbol=JBZY&id=183577