Important for investors to pay attention to the credibility statements, the subsidy plans, what Wang does (capital venturist), and the last paragraph in the article.
JBZY has zero assets and they are using this shell to dump shares in the future to gain capital. They are not doing this now. There is no Z car production facility or battery manufacturing for JBZY. That is for the real ZJMY that makes Z and i cars, not JBZY.
Exactly - and there were many other articles very similar which were not as condemning. Just saying. Those were the "OTHER" articles which were talking about the Powder Company (Pink Sheet) that went up 10 fold - and they were wondering why. And as most of us remember, it was actually in one of those articles where it was pointed out that Dequn Wang is also known as JinLai Wang in China.
As more time passes and the story becomes clearer - the 10 fold message will become a MUCH LARGER number in following articles. :-)
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