Sep. 27 at 6:36 PM
$JBDI Too funny that these fake companies manage to stay listed this long. Back in August 2024, this “drum manufacturer” stock ran all the way to
$40 — a
$740 million valuation for a business that never really existed. That valuation is long gone, but don’t think they can’t pump it again.
The worst actors in the microcap space are still involved. And since it’s become harder over the past six months to bring new fraudulent foreign issuers public, they may need to keep this one alive a little longer.
Make no mistake: the company is a total scam. But that doesn’t mean they won’t rip it again before the final act — whether that’s a reverse merger, bankruptcy, or just vanishing altogether.