market cap is calculated based on OS-(outstanding shares) repeating misinformation doesn't make it any less wrong-
it is EV- equity value that would take into account all preferred shares which is valid though less common way to calaculate a company's current value. also preferred shares, if converted to common, could only be done so at a prescribed rate per month and filings would also be required. we have seen no preferred shares converted to commons and very little dilution.
were more plates of Jinbo, the parent company, be rolled into JB&ZJMY Holding Company
that would explain the need for such a share structure.
$JBZYD!