I do believe it comes from their perception of the situation, though they might blame the company and their silence which allows such fears to be boiled and stewed.
I think whatever is cooking smells great! No fear here.
"where's the risk come from? do tell. i would argue that risk comes from not owning at least some."
Ha! Glen, i completely agree. Especially since it looks like this company, based on its low cash-burn rate, could go 4 years without selling ANY jade at all and still stay solvent and without any new debt.
I got burned on Spongetech when they never released their 10-k. They sold a product I could buy in my local CVS or Walgreens. It's harder to check up on a company in China.
I'm not saying that will happen with JADA, but there is always a possibility.
"There's an old saying in Tennessee—I know it's in Texas, probably in Tennessee—that says, fool me once, shame on—shame on you. Fool me—you can't get fooled again." - G.W. Bush
well at this price, i definitely think JADA is worth the risk.
bradford86 - not a paying member so couldn't respond to your LPIH PM. just bought a small position there and hoping i haven't missed most of the pre-uplist bump up.
Right now all the risk is coming from the fact that they didn't file their 10k report yet and maybe never file. Company is quiet about it and that creates the risk. You might have already forgotten CDBT. Not saying JADA will be similar but until they file there is big risk. The pinkies are already calling.
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