Replies to post #174829 on JB and ZJMY Holding Co (JBZY)

[MRJOJO58]

Got screwed on a chinese nasdaq stock years ago, halted for 90 days, then to the greys, and then they were gone, lost it all

[EVIndustryMan]

Duh - why would anyone expect anything different?

Shareholders didn't do anything to help build this company.

Of course the preferred shareholders are going to be the big winners.

Why would anyone think that the company looks at existing shareholders any differently than those shareholders who were sued?

Selling the converted preferred shares will raise funds for the company and reward those who actually did something to build it.

[rookinvestor]

Many red flags here beginning with ASSUAGE, however, I think there is a grand scheme in play here and hopefully dilution and converting preferred shares comes much later.......it's a tough call