Philly, unless JADA is a total sham, which i really don't believe it is (CEO Hua-Cai Song was for many years the hard-working protege of Zhang Guoxi, one of China's proven richest men, and the two of them ran one of China's earliest and certainly most successful private enterprises-- the old lacquerwood shrine/statuary biz), then JADA can't go "belly up" because, as posters have noted some months ago at Yahoo and here, its operating costs are so low and its cash holdings are so substantial that IT COULD STILL REMAIN SOLVENT FOR UP TO FOUR YEARS WITHOUT SELLING ANY SHETAI JADE, TAKING ON ANY DEBT, OR ISSUING ANY SHARES.
What other cos. are out there that can make this claim of not being able to sell ANY of their product/service for 4 years and still remain solvent, debt-free and non-dilutive of shareholders?
I rest my case :-)
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