Replies to post #175265 on JB and ZJMY Holding Co (JBZY)

[FINWIZCAN]

He didn’t need to do 1:1000!!!!

He will own 99%. Kept 1% as a bit of a float. That’s all.

The guy did what any of us would do in his situation. He owes us nothing. We all bought a shell with no asset and no promotion. All we ever had was raw speculation and fake websites to go by. The company never once addressed shareholders officially in a year! Why is that???

Because this was the plan.

After he has his 99% - you can bet he will promote the hell out of it, but all the current shareholders will only own 1% of what they do now...

My guess is that the outstanding legal issue would have blocked FINRA’s approval of the R/S. Now that they settled it, they can proceed with final dilution.