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Dolat Ventures Inc (OTCMKTS: DOLV) Is Today's Focus Stock

Dolat Ventures Inc (OTCMKTS: DOLV) Is Today's Focus Stock
Written by
Jarrod Wesson
Published on
April 12, 2017
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Dolat Ventures, Inc. (OTCMKTS: DOLV) has run up the charts after control of the company was acquired by Mr. DeQun Wang. Investors seem to have appreciated this news since the share price has jumped sharply. In this article, we will give you some insight about the identity of this buyer, and what it will happen to the shares of Dolat Ventures. Take a look at the recent increase in the chart:SourceThe new companyAccording to this file, Dolat Ventures opted to suspend its reporting obligations to the SEC in 2014. The ticker became a dormant ticker for some years until the change of control was effective. In the press release, it is mentioned that the acquisition of the company was executed on January 11, 2017. The buyer, Mr. DeQun Wang, acquired 300,000 Class C preferred shares, convertible into 750,000,000 shares.Additionally, it was reported that Dolat Ventures also acquired all the outstanding shares of Ji Ming Yang Amperex Technology Limited for one hundred thousand Class D Preferred Stock convertible into 100,000,000 shares of the Company's shares. Dolat Ventures will change its name to reflect the new nature of the business, which will be called JB&ZJMY Holding Company, Inc., and will seek another symbol. The change of the name will be subject to the FINRA approval.We believe that the transaction may be considered as a "reverse merger", thus we will be assessing the value of the shares only by looking at the newly created entity and its business, Ji Ming Yang Amperex Technology Limited.Ji Ming Yang Amperex Technology LimitedThis Chinese company was created in March of 2015. According to its website, it focuses on the development of batteries for "New Energy Vehicles". Additionally, it owns a number of patents that extend battery life as well as diminish operating expenses. Thus, the key objective of the company is the commercialization of these patents.There is an important paragraph in the announcement that novice investors may not have remarked:

"As part of the acquisition the company will be offering to current and future employees based in the Peoples Republic of China the opportunity to purchase new JB&ZJMY common stock units for $0.10 (Ten Cents USD) per share with one warrant attached exercisable for two years at $0.15 (Fifteen Cents USD) for a total of 10,000,000 (Ten Million) units pursuant to a Regulation S offering on a best efforts basis expiring on July 17th 2017." Source

The company will sell securities to employees in the company at a price of $0.10 per share and a warrant exercisable at $0.15 per share to buy 10,000,000 share of the company. We do not appreciate the warrant since it will dilute shareholders. However, we believe that the fact that the company will sell securities at a unit price of $0.10 may be seen positively by some savvy traders. The market price is right now $0.08.Director of Investors RelationsWe could find some information about the person who will be in charge of talking to investors in the United States. His name is Mr. Richard Oravec. There is some information about him in his Bloomberg profile. Take a look here. He is 46 years old and has been CEO, President and Treasurer at Eleventh Street Manufacturing, Inc. since July 30, 2012. Additionally, he has been President of Pivo Associates, a consulting firm since 2002.We could also find his photo:SourceThere is some other information about his expertise in the securities industry that we consider relevant. He started his career in UBS, in the brokerage division. In addition, he brings 15 years of Private Equity, Investment Banking and Financial Services expertise that he acquired once he left his initial position. More specifically, his areas of expertise include the following areas: M&A, direct public offering, reverse/shell mergers, crowdfunding, corporate branding, 15c-211 filing, and transfer agency services. We believe that his business experience is very adequate for the type of work that Ji Ming Yang Amperex Technology Limited will need to do in the United States.ConclusionDolat Ventures has a new owner and a new business. The market so far likes what it's seeing from DOLV. If everything continues as it is going now, the stock should keep rising. However, the company needs to update financials and provide the market a clearer picture of its balance sheet. Considering that employees may be buying shares at current prices is certainly comforting to DOLV's shareholder base. In any case, we encourage you to do your own research on the firm.We will be updating our subscribers as soon as we know more. For the latest updates on DOLV, sign up below!Disclosure: We have no position in DOLV and have not been compensated for this article.

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