JB and ZJMY Holding Company (EM) (JBZY)

Wang never sold JBZY.
Deported to China (maybe he was arrested by Chinese authorities) he ghosted investors and declined profit from the sale of JBZY.
Then, Eddie Norward Jr self-elects himself President and ghosts investors. Why even bother.
The only way JBZY returns to life is if the OTC concludes the stock has been abandoned by the CEO and rightfully belongs to the shareholders.

WOW,..thanks Sonar.
Was just always curiously wondering what it would take for an average
working guy, playing OTC to get his own ticker,..
even for just shits & giggles.

Hell, that could even change my whole concept about work &
change my thinking into areas I've yet to explore!!

Hell, it wouldn't even matter if I'm a trip 1 with no volume,..
I'm here!!!

If somebody has a trading account outside the US.

ExpertMarket only restricted US brokers from buying, and even then you can if somebody has certain types of accounts... just not 'normal' traders.

14 Feb 2026 someone was able to trade 211,906 shares, no idea how.
Sell caffeinated sugar water and the stock is guaranteed to lose another "0".

The bump hit my radar. Where are they able to buy anyway?

Im surprised this hasnt happened yet.

JBZY might be worthless, but the untapped potential is still there.
0.0001 (+9,900.00%)
09:30:29 0.0001 100
09:30:29 0.0001 143

Exactly - why would somebody else even think about touching this with ongoing SEC litigation against former executives?

There are hundreds, if not thousands, of other 'clean' shells that don't have the dirty laundry hanging on like this one.

Based on available information, it would cost approximately $17,500 to $47,000 to make JBZY current on the OTC again.

Cost Breakdown
According to analysis of JBZY's situation, the main expenses would include:

Legal fees: For preparing and reviewing required disclosure documents and financial statements

OTC Markets fees: Annual fees for maintaining listing status on OTC Markets

Accounting/audit costs: For preparing financial statements that comply with disclosure requirements

Transfer agent fees: For maintaining shareholder records

OTC Market Tier Considerations
JBZY currently has "Pink Limited" status, which indicates reduced disclosure compliance. To become "Pink Current" again, the company would need to:

File current financial reports and disclosures through the OTC Disclosure & News Service

Pay OTC Markets' annual fees (OTCQX and OTCQB annual fees are significantly lower than NASDAQ or NYSE, typically representing 50% cost savings)

Ensure all required information is publicly available

Practical Challenges
While the monetary cost appears relatively modest at $17,500-$47,000, JBZY faces more significant practical challenges:

The company has been inactive with no revenue since 2021

Current president Edward Norward Jr. has shown no intention of communicating with shareholders or investing in corporate compliance

The ongoing SEC fraud case against the company's founders creates additional legal complications

Without management willing to invest in bringing the company current, the stock is likely to remain in Pink Limited status regardless of the relatively modest financial requirements.

According to AI:
After Wang De Qun departed Malaysia, he was deported to China on November 13, 2019. The deportation occurred following his involvement in a MyKad (Malaysian identity card) syndicate case in Penang, Malaysia.

The MyKad Syndicate Case
Wang De Qun, a 58-year-old businessman from Shandong, China, testified in Malaysia's High Court in Penang that he paid approximately RM400,000 (roughly $100,000 USD) to obtain a Malaysian passport and identity card under the name "Ewe Chor Beng". Originally, Wang stated he only wanted a Malaysian investment migration passport to facilitate his construction materials business operations between China and Malaysia, which he had been conducting since 2017.

The payments were made in various currencies including Malaysian Ringgit, Chinese Yuan, Hong Kong Dollars, and US Dollars, distributed through his company's financial manager to intermediaries including someone named Liw Ge and the accused, Datuk Lai Chin Wah. The case involved a National Registration Department (NRD) officer named Faizul and Datuk Lai Chin Wah, who were charged in connection with the syndicate.

Imprisonment and Deportation
Wang served three months at Jawi Prison in Malaysia and was scheduled to be released on November 11, 2019, with deportation to China set for November 13, 2019. During court proceedings in October 2019, the prosecution requested that Wang provide early testimony through deposition proceedings specifically because he was scheduled to be sent back to China. Wang denied being wanted in China for corporate crimes during his court testimony.
Wang Dequn and Wang Jinlai are the same person using different names. Wang Dequn is the name used in official U.S. corporate filings for JBZY, while Wang Jinlai is the name he uses in China for his business operations.

Dual Identity Documentation
Multiple sources confirm this dual identity. Wang Dequn is listed as the Executive Director, General Manager, and Legal Representative of Shenzhen Jinbo Investment Holding Group in Chinese business registries, while the same company lists Wang Jinlai as Chairman. Chinese business verification sites and news articles document both names referring to the same individual.

In U.S. SEC filings for JBZY (JB&ZJMY Holding Company), Wang Dequn appears as the company's sole officer and director as of December 31, 2017. However, investor communications describe Wang Jinlai as CEO of Jinbo Group and note that "it appears to me that WANG Jinlai runs the front and WANG DeQun runs the back of Jinbo Group," suggesting the two names refer to the same person managing different aspects of the business.

Background
Wang Jinlai is described as a Vietnam War veteran who served in a role similar to a Navy SEAL during the Sino-Vietnamese War. He enlisted Richard Oravec, an IPO and reverse merger specialist, to facilitate the reverse merger of Zhongji Ming Yang New Energy into the DOLV shell company, which became JBZY. Wang Dequn acquired 300,000 preferred shares in DOLV to obtain majority interest in the transaction.

After 2017, JBZY became embroiled in SEC fraud charges and has remained largely inactive with minimal operations and assets.

SEC Fraud Charges (2021)
On September 15, 2021, the Securities and Exchange Commission charged multiple individuals involved in JBZY's reverse merger with fraud and illegally offering unregistered securities. The SEC alleged that in 2016, attorney Roger Fidler, Simon Piers Thurlow, and Richard Oravec engineered the reverse merger between Dolat Ventures (DOLV) and a Chinese company that purportedly manufactured electric cars and batteries, then undertook a fraudulent scheme to create false and backdated documents.

Between March and December 2017, Thurlow's associates Bryce Emory Boucher and Joseph D. Jordan (through Western Bankers Capital) purchased tranches of convertible debt, converted it to DOLV shares, and sold the shares to the public without filing required registration statements. According to SEC documents, these individuals sold millions of shares generating proceeds ranging from approximately $207,000 to over $1.2 million.

Current Status
JBZY has been inactive and generated no revenue since 2021. The company's market status changed from "Pink Current" to "Pink Limited" on May 31, 2023, indicating reduced disclosure compliance. As of May 2026, the stock trades at an extremely low price of $0.0001, with a 52-week range of $0.000001 to $0.0001. The company reports having only 2 employees and minimal assets and operations.

Leadership Succession
Zhiming Han (2019)
On February 27, 2019, the Wyoming Secretary of State records were updated showing Zhiming Han replacing Wang DeQun as Director, President, and Treasurer of JBZY. Han Zhiming was previously identified as President of Zhong Ji Ming Yang New Energy (ZJMY), the Chinese company that reverse merged with DOLV to form JBZY. When Han took over leadership, the company website zjmy888.com initially listed him as CEO of "JB&ZJMY Holding Company," but later removed "JB" from the name, indicating Han was CEO of just "ZJMY Holding Company".

Lin Tianting
Following Han, Lin Tianting (also spelled Tainting Lin) was selected as the new president of JBZY, though the exact date and circumstances of this transition are unclear from available records. Like Wang DeQun before him, Lin Tianting walked away from JBZY without ever making a public statement to shareholders.

Edward Norward Jr (2023-Present)
Edward Norward Jr elected himself President of JBZY around 2023 and remains in that position as of May 2026. According to investor discussions, Norward has demonstrated no intention of communicating with shareholders or selling the corporation during his tenure, maintaining the pattern established by his predecessors.

The SEC case against Roger Fidler, Simon Piers Thurlow, Richard Oravec, and others is still ongoing as of May 2026, with the defendants' motion to dismiss denied in September 2024.

Case Status and Recent Developments
On September 5, 2024, Judge Vernon S. Broderick denied the defendants' motion to dismiss, finding that the SEC's allegations were sufficient to plausibly state claims for violations of the Securities Act and Exchange Act. Following this ruling, the defendants were ordered to file their answers by September 19, 2024.

The court also addressed a potential conflict of interest, ordering that if Roger Fidler was not representing defendant Thurlow, he must move to withdraw his representation of other co-defendants by September 27, 2024. This issue arose because Fidler, himself a defendant charged with fraud, was simultaneously attempting to represent his co-defendants.

Settlement Discussions
As of March 2026, there were indications that settlement negotiations may have been underway. A court document from that period mentioned an "Offer of Settlement" submitted to the SEC involving Jordan, Fidler, Thurlow and Oravec for "legal, equitable" matters. However, no final settlement or trial outcome has been publicly announced as of May 2026.

Related Outcome
In the separate administrative proceeding, attorney Charles Parkinson Lloyd (who issued opinion letters for the scheme) settled without admitting or denying the SEC's findings, agreeing to disgorgement of $3,150, prejudgment interest of $501, and a civil monetary penalty of $40,000.

Funny also is,
I wondered what would it actually take for an average guy like me,
to actually take control of this ticker??
What's the finance, etc.

Really,...I'd have no idea what to do with it YET,
I'll find a way to do something with it

Ticker= MADD

Cheers

It's not "down the tubes",
On paper,..it's a negative lost,...that red column BUT,
it's still there= you still haven't sold for lost.

If I remember correctly,. it's still a clean shell,
the r/s dropped the count to I forget but, as of latest=

A/S= 2.0B
O/S= 9.3m all as of Oct '23,
https://www.otcmarkets.com/stock/JBZY/security

The DOLV-to-JBZY clean up was a MESS yet,
they did clean it up,...hence why a GREAT run,..
(well besides it was good marketing scam & etc,...)

BUT,...

It's still a clean shell,,,
waiting for someone to get Wang to just sign off & release it.

Bottom line,...
one has nothing to loose to keep holding this,
(one has already written this off anyway so, why sell it when you probably can't)

I bailed when I could,..after the R/S,
I still hold some that I couldn't unload,..yet
it's still a clean shell from what I remember.

Someone is going find this & make a deal with Wang or whatever is left over.

Cheers

Currently, the only thing JBZY is good for is a tax deduction.
Each of JBZY's 3 presidents have ghosted investors.
JBZY is the perfect SPAC vehicle, no debt with a tiny 9.3M OS.
Given the economic situation in China, 1000's of businesses in dire need of $USD$, still no interest.
It's a shame, huge potential but no honest buyers. 😟

Do you think there is any chance here? Seems a shame to just let it go down the tubes. ty

Hoping for the best here.

"JBZY (with a tiny 9.3M OS) sits frozen in time. Why didn't Dequn Wang sell it."

Because he knows he still controls a financially clean US shell,
(perhaps not in "reputation" but never the less,
a clean(ish) shell).

The crap that went getting DOLV cleaned up to even get JBZY
going was HUGE,...

I remember the old DOLV posts about all this,
possible Chinese interest,..etc

We had a great board & for some reason I got kicked out &
no one ever spoke the word,..MadBrewer because,
the whole board would turn against them if they did.

Which is funny that,
I mentioned I got a hold of Choi,
(who happened to bring my attention to DOLV & a LOT of others),..

Either way,....I hoped the best did happen to them,..
(shit, I had plans to fly to Jym Shoe place before that shit hit the pan.)

Again,...either way, always hoped the best.

Cheers

No, its just expert market zombie movement.

movement? are we alive again?

With so many Chinese corporations in dire need of USD's it boggles the mind JBZY (with a tiny 9.3M OS) sits frozen in time. Why didn't Dequn Wang sell it. Why has our self-elected current president been a ghost for 2 yrs. JBZY attracts scammers like bees to honey.

Not sure, I havent done discord in years.
Still holding my pot of JBZY though. All it takes is a buyer and a little paperwork to get started again!

3 CEO's and each individual was/is a ghost.

Still here on the boards!!!
not like the old days though,..

That discord group still going?

Cheers

At the moment I'm typing this, yes. The future is TBD. My opinions, ofc.

Plenty of work in the trades, youll be fine. Good to hear from you.

???,....GRLF is an interesting look.
Cheers

Been in Reno building the google data center in Reno.
Got laid off after a 10 month run,...that was only phase 2 out of 4-5.

Come join me on my little piece of I-Hub that no one knows/cares about,..
https://investorshub.advfn.com/SF-Bay-Area-Traders-36753

Cheers

Did moolah mislead me again??

Been in Reno building the google data center in Reno.
Got laid off after a 10 month run,...that was only phase 2 out of 4-5.

You still in the markets??

Cheers

The real question is what have you been up to?

Yikes

Why not bring up the o' Skype/Discord group again???
Had some fun times back then.
What ever happened to Jym Shoe??
or Hawk-02,...

Funny,..as I go back then,...

Cheers

JBZY, 9900% gain on 500 shares.
And still not current on OTC or WYSOS!
Wang Dequn, Lin Tainting, Edward Norward Jr...your the problem, not the stock.

Wanted: CEO JBZY Corporation (Immediate opening, ghosts need not apply)
Qualification: Businessman in desperate need of $USD capital, desiring a reverse merger onto OTC exchange.
Opportunity: $0 corporate debt, 9.3 Million Outstanding Shares.

AI assessment JBZY becoming OTC current.
"The only hope for this abandoned corporation is some Chinese businessman needing USD."

Conclusion:
Since JBZY has been inactive and made no money since 2021, the costs to regain OTC current status are significantly lower than for an active company with complex financials. The company can likely file minimal financial disclosures reflecting inactivity, reducing accounting and audit expenses. However, legal and OTC fees remain, so a realistic budget to make JBZY OTC current again would be approximately $17,500 to $47,000.

Conclusion:
JBZY’s no-debt status, manageable outstanding shares, existing OTC listing, and inactive shell profile make it a strong candidate for a reverse merger. It fits the typical profile of a public shell company sought by private companies aiming to go public quickly and cost-effectively without a traditional IPO.

However, success depends on JBZY’s ability to:

Update and maintain regulatory compliance and filings.

Manage the change of control process with shareholder approvals.

Possibly conduct corporate actions (e.g., reverse splits) to meet OTC market standards.

Navigate regulatory scrutiny with transparent disclosures and governance.

If these conditions are met, JBZY could serve as an effective vehicle for a reverse merger transaction.

$0 debt, 9.3M OS, No CEO.
JBZY is a Pink Diamond on the OTC.
All it needs is honest leadership.
Simply becoming current and the PPS rises above .01

Certainly makes NO sense. Hopefully they will wise up.

Wang Dequn - Lin Tainting - Edward Norward Jr
3 "Ghost" Presidents of JBZY.
Each could have sold JBZY and walked away $🤩$.
Instead they remain silent and invisible toward loyal investors.
(fyi: No msg reply, I'm not a premium messageboard subscriber)

Looks like someone could buy it. Then sell to a new suitor.

China corporations are in desperate need of $USD$ capital.
Real estate and EV's are hurting.
JBZY under a new name and symbol is the perfect reverse merger candidate, no debt, 9.3M OS.
If only Edward Norward Jr would stop ghosting investors, pay WYSOS fees, and become OTC current.
Why did he even bother filing the WYSOS amendment if he had no plan going forward.
New name, new symbol, and were current on the OTC.
10 Jun 2025 9,900.00%😍

True! And I could meet Alexandra Daddario and she could decide she badly wants to have sex with me. You never know!

How long ago? You never know! This could be a winner when you least expect it.

LOL

My buddy moola swore to me this is a great stock! Surely she's picked yet another winner?

It's been 1yr since Mr Edward Norward Jr elected himself President of JBZY.
During the past 12-months absolutely "nothing" has changed.
WYSOS status: Inactive - Administratively Dissolved (Tax)
OTC status: Dark or Defunct
Congratulations, you have successfully proven that "Scammers are attracted to JBZY like bees to honey."

The 9,315,418 OS is currently worth $931.
The zombie has plenty of life, it's just missing a PRESIDENT.
Pay the WYSOS taxes, file the OTC paperwork, change the name & symbol.
The cost will be offset by the rise in PPS.

Why would someone bother to buy a zombie stock for 58-cents?
Hoping this would wake up one day. In my opinion, it is totally worth the gamble since your risk is way too low and the reward can be huge.

The type of transaction was "Seq"
OTC stock purchase types, such as SEQ, refer to specific categories or classifications within the over-the-counter (OTC) trading market. OTC trading allows for the buying and selling of securities directly between parties, without the need for a centralized exchange.

Why would someone bother to buy a zombie stock for 58-cents?

How can anyone even buy this from expert market? Good or bad, I will be happy to scoop all the shares now. My current PPS for this one is .75 cents if it ever comes back alive again.

It awakens

For everyone else a 9,900% gain would be reason to celebrate.
For JBZY shareholders, its just another day on a ghost ship without a CEO.
Wang Dequn, Lin Tainting, Edward Norward Jr...Presidents who were too blind to realize 9,900% gain on 5873 volume = hidden $$ potential