I agree, the JBZY train ad in China is a HUGE deal! I think it's significance is often lost in all the noise. From time to time you just have to go back to the DD and reflect upon it's significance, and this certainly stirs up one of those aha moments for me.
The train advertising video was one of the earlier pieces of DD that was found. I knew at the time it was big news, but in hindsight, I find it even more significant now than I originally thought at the time. That often happens with reflection. Here are a few of my thoughts regarding the JBZY train advertisements:
The train company signed an agreement to advertise JBZY on the side of the train cars, as well as put ZJMY car ads on the back of each seat and on the televisions for commuters to see.
The first thing that comes to my mind is WOW, an agreement like that must've cost JBZY a fortune to have those ads shown for an entire year. I have to ask myself, if I were running a scam, and I know it's difficult for Chinese people to invest in, or to even have heard of the US OTC Markets, would I spend that kind of money hoping a few Americans would happen to discover I've invested in train ads in China and invest tons of money into a Chinese company that is using a stock ticker previously used for a scam? Hell no, waste of money that could pay for PRs etc. to increase the PPS.
The next thing I think, what about from the train company's perspective? Of course they see an opportunity to make extra revenue with the ads on the train. But businesses have to be careful with who they do business with because their reputation is on the line too, in this case with their commuters. It wouldn't look very good if you advertised for a scam company. Plus, imagine all the government officials that ride on those trains and see those ads. You don't think they would've looked into JBZY yet, in addition to the train company's due diligence.
Of course watching this stock since February of last year provides me invaluable insights that newer investors won't have, but going through the available DD and asking questions like I have above only takes a little time and effort for potentially a payoff of a lifetime with JBZY.
All IMO and GLTA
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