JB and ZJMY Holding Company (CE) (JBZY) Quote

Email to Mr Norward.

Graffiti Towers is set to be auctioned in Sept….400,000,000 in debt……apparently not related to JBZY

Keep an eye on WYSOS.
The first step toward redemption; return JBZY to Active status.
Mr Norward mentioned "I'll address the State Wyoming."

Except its on the Expert Market and is restricted from trading in the US

I will "gladly" buy every worthless JBZY share @ the current .0001 PPS.
Pls contact me if interested.

Keep dreaming. This thing is dead and abandoned Chinese garbage. Nobody would want to touch it with the wysos mess and their abandoned property development in CA. Isn't there a lawsuit still pending for creditors to try to get some of their money back from the building that was left incompleted out there?

Unfortunately, Mr. Wang DeQun and Lin Tianting walked away from JBZY without ever making a public statement to loyal shareholders.
As long as JBZY debt remains $0, and the OS remains 9.3M, the corporation retains value far above $930.
The .0001 share price is a joke given trading has been suspended by Etrade and others.
The WYSOS tax bill (JBZY never produced a profit) is likely less than $500.
Steps to recovery:
a. Pay the WYSOS tax bill, return JBZY to Active corporation status.
b. Update the OTC filings to become current.
c. Change the name and symbol of the corporation.
The legal fees for the above steps would easily offset by the rise in PPS.
Announce a partnership with a Hollywood celebrity to sell their personal brand of tequila/pot/clothes and were back to $$.
Everyone is 😍🤩🥰.

I sent Lin a copy of the 2020 amendment.
Not expecting a reply.

What about artsping@163.com. ?

Dear Lin Tianting,
Remember that EV Auto company, Battery Manufacture, Battery Swap Station, Bottled Water Producer, Entertainment Conglomerate, Condominium Real Estate, Cell Phone Manufacture, and Crypto Currency company called JB and ZJMY Holding Co?
The one you were/are President of.
Mr Eddie Norward Jr would like to buy it. Wake-up and make some $$

JBZY class reunion.

Oravec? If he’s still around. Not sure how someone takes over WYBIZ but not OTC. beyond a rook’s knowledge.

Anyone know what the process is to take over the ticker if no contact can be made from China?

I don't think you're going to get a reply from anyone in China... and thats assuming that somebody over there is still actively involved with this. Seems more likely that anyone on that side just abandoned it and ran.

If anyone has an email or ph# for a JBZY associate in China, pls forward to Eddie Norward.
Mr. Norward's email address is located in the 2020 WYSOS amendment.
He tried but failed to receive a reply.
The sooner JBZY becomes current the sooner we start seeing trades, "hopefully" with honest management and audited financials.

Email to Mr. Norward.
"Thank you for your reply.
As I'm sure you are aware, JBZY has a very small 9.3M OS and $0 debt making it a pink diamond on the OTC.
For the past several years JBZY has been sitting on the shelves gathering dust instead of making money.
Wang DeQun's Malaysian passport fiasco and his failure to sell JBZY did a great disservice to loyal shareholders.
My advice: Pay the delinquent WYSOS taxes and return the corporation to Active status. Failure to do so will cause JBZY to be permanently removed from the OTC."

Received email reply fm Eddie Norward Jr.
I asked about his intentions for JBZY.
Reply:
"___, it's filed here in California as a branch and last email to the Chinese executive went unanswered looking to get sponsored for series 7, qualified with SIE, Series 63 looking to growth through acquisition."

There is a JBZY venture fund also listed as an entity on WY. Doesn’t seem to be related.

My concern with the WYSOS 2020 amendment.
a. President: "Eddie Norward, Los Angeles" = Small time coffee shop & music business owner.
b. Business address: Abandoned building (Oceanwide Plaza) was never used as an office.
c. Email address: Tohigh Construction Investment Lp does not exist. The previous name was Tohigh Construction Investment LLC.
d. Real businessmen have email servers; Eddie.Norward@business-name
e. Taintin Lin's address is incomplete: Doesn't list the office building.
Nothing about the WYSOS document looks professional, even the signature looks childish.

Sounds like a total cluster f**k. The China company isn't going to cover the debtors and the property if sold/auctioned off isn't worth enough to cover the debt either.

And yes you can certainly scam with the stock not tradeable in the US... setting up the pump in advance and getting pumpers active on the board with overly optimistic and slanted 'news'.

Bloomberg ran a story that Graffitti Towers is for sale. Seems to be related to SONAR’s info….apparently goal is to get it up and running before Olympics

Maybe they rebrand the development and thus go,public on the OTC.i assume, since there is pending litigation, it’s going to be awhile.

Latest news regarding Oceanwide Plaza.
Our new President (if he exists) remains silent, no reply to emails.
Can't run a scam if you can't trade JBZY.
https://therealdeal.com/la/2024/03/20/creditors-for-la-eyesore-oceanwide-plaza-seek-new-appraisal/

Oceanwide Plaza needs JBZY to raise capital.
https://www.youtube.com/shorts/zuogdsyIe60?feature=share

New Oceanwide Plaza LLC bankruptcy dates.

On February 13, 2024 (the "Petition Date"), petitioning creditors Lendlease (US) Construction Inc., Standard Drywall, Inc., Star Hardware, Inc., Woodbridge Glass Inc., and Mitsubishi Electric US, Inc. (together, the “Petitioning Creditors”) filed the Involuntary Petition for relief under Chapter 11 of the United States Bankruptcy Code against Oceanwide Plaza, LLC (the "Alleged Debtor").

The Debtor's bankruptcy case is pending under Case No. 24-11057 before the Honorable Deborah J. Saltzman in the United States Bankruptcy Court for the Central District of California (the "Bankruptcy Court"). On March 8, 2024, the Alleged Debtor requested that the Bankruptcy Court enter an Order to Allow the Alleged Debtor to commence its Chapter 11 case as a Voluntary Proceeding and commence operation as a Debtor-In-Possession.

Case No. Debtor Name
24-11057 Oceanwide Plaza, LLC

Meeting of Creditors
April 23, 2024
(09:00 AM PT)

Hearing
April 25, 2024
(02:00 PM PT)

Omnibus Hearing
June 11, 2024
(01:00 PM PT)

The case is set for a hearing on March 28.

"Lendlease and four other contractors filed a petition against Oceanwide Plaza LLC in the U.S. Bankruptcy Court, claiming they haven’t received payment for their contributions to the project, Bisnow reported. The move follows Oceanwide Holdings’ admission of financial difficulties more than four years ago, prompting Lendlease to view the legal action as the only means to secure compensation.

With the petition, Lendlease aims to compel the court to appoint a trustee who will oversee the sale of the Oceanwide Plaza property, effectively ending the protracted deadlock that has plagued the site for years. The goal, as stated by Lendlease, is to allow the unfinished project to move forward for the benefit of the local community.

The case is set for a hearing on March 28, where creditors are expected to argue that they have exhausted other avenues for compensation. The proceedings will require Oceanwide Plaza LLC to disclose information about its assets and liabilities, offering a comprehensive understanding of the company’s financial standing and why these resources haven’t been utilized to settle debts."

The most positive outcome would be for Oceanwide to go through with the bankruptcy and clear the unsupportable debt they incurred.

Then they can reorganize the profitable portions of the business under the new shell. They were doing ok before they expanded into other areas.

As is the norm, nothing makes sense.
a. Google Eddie Norward Jr; points to an individual associated with numerous unsuccessful small businesses.
b. WYSOS address belongs to Oceanwide Plaza: "A broke Chinese real-estate developer left Los Angeles with empty, graffiti-covered towers that could cost billions to finish. A Chinese firm started to build a massive tower plaza in Los Angeles but ran out of funds in 2019. The Oceanwide Plaza towers are now mainly used by graffiti artists and BASE jumpers."
c. "L.A. OKs $3.8 million to clean up and secure Oceanwide Plaza."
d. "A Bermuda court has ordered the liquidation of a Chinese development firm whose subsidiary sank $1.1 billion into an uncompleted hotel, condo and retail project in Downtown Los Angeles. The Caribbean court appointed liquidators of Beijing-based China Oceanwide Holdings, whose Oceanwide Holdings didn’t complete the three-building Oceanwide Plaza at Figueroa, Flower, 11th and 12th streets in South Park."

Time will tell; the 2020 amendment is either a Scam, Joke, or an attempt to raise capital for a failing real-estate venture.

Very glad to see a change

JBZY $0 debt & 9.2M OS = Pink Diamond.
All we need is Good Management and a little polishing.

And I've got my 3%.

Good luck to you. I seriously hope this goes current. Once and if this trades again, it is game on.

Still holding 2.8% of the OS.
Right now it's worth less than TP paper.
Audited financials would be a blessing. 🤩

I agree. I have several shares from before, but would love to have more. I think it will run very hard if someone has taken over the ticker.
Maybe very difficult to get shares imo.

I know exactly what you know. But I do know if someone gets this ticker current, it's going to run, fast and hard with it's current share structure.

You seem pretty sure of this. Any reason besides what we know now? Thanks

Not could, if this gets current is going to move crazy fast. I just hope I can get in fast enough. All depends on if it gets to pink current. Financials and an attorney letter updates to the OTC.

With a little over 9 million O/S, it could move very fast to $$$$$$$. imo

Love to see that, still holding free shares from last Monster Run

Watching and waiting here. As soon as trading starts again, I will be buying. It's going to move fast.

As you stated "Can't scam, if it doesn't trade."
Probably the best evidence something is in the works.

They need to submit updated financials to OTC Markets in order to become Pink Current and off of the Expert Market.

I don’t grasp the recent upgrades, but CE used to mean “buyer beware”, so it can still trade. Hopefully, new PRES/CEO will respond with some sort of general outlook. In the meantime…..business as usual. Thanks Sonar

I emailed Mr. Norward a week ago, No reply.
Don't know how trading can occur while in Caveat Emptor (No Trading) status.
In order to bring JBZY back to life management needs to pay the WYSOS tax bill.

Looks like some volume today. Anyone have success contacting the new PRES/CEO?

All eyes on OTC markets for submissions. Nothing concrete here at all until some major updates hit. But a very interesting development. Can't scam, if it doesn't trade.

Yes sir! If they have their act together. Many $$$$$$$$ imo.

Thanks. Well we at least have a chance now. How good, we will find out.

Even at a fraction of what this was trading in China, with this share structure, it's going to dollars.

Here's what we know.
a. Edward Norward Jr. is the new president of JBZY.
b. There is documentation showing him as "Company contact, CFO, Investment" for Tohigh Construction Investment.
c. OceanWide Holdings was a subsidiary of Tohigh Construction Investment.
d. The address used on the WYSOS 2020 amended annual report is the same as Oceanwide Holdings address.
e. Oceanwide Holdings over leverage themselves in real estate and bank loans and were removed from the Shenzhen Stock Exchange.
f. Check Youtube for more info.