Replies to post #160893 on JB and ZJMY Holding Co (JBZY)

[4toSchool]

What assets are held by JB & ZJMY Co,, Ltd.? According to the quarterly report:

Section 6 "Issuer’s Business, Products and Services":

Business operations: JB&ZJMY Holding Company (formerly Dolat Ventures, Inc.), (the “Company”)......
The Company acquired JB & ZJMY Co., Ltd. (“JB”), a Chinese battery manufacturer in December 2016. JB & ZJMY Co., Ltd. was founded in March 2015 with registered capital of 50 million yuan.

Section 8 "Officers, Directors, and Control Persons":

Wang DeQun "is the controlling shareholder, President and sole director of the Company, JB&ZJMY Holding Company (formerly Dolat Ventures, Inc.), which now serves as the holding company for Mr. DeQun’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 next year"

The auto manufacturing is to be done through a joint venture in which ZJMY is a 37.7% Stock Holder of LONG STAR. either the joint venture has not acquired any assets or the assets are not rolled up to "JB" or from "JB" to JB&ZJMY Holding Company (formerly Dolat Ventures, Inc.)
All IMHO