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Author Topic: JDMC - huge gain!!
beechwood
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From a 52 wk. low of .0002 to $5.00!
Don't see any news of a R/S, R/M, etc.
And with "no significant operations", too.
Can't find it on any shell list either.
Any news??

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T e x
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ya, was a complex "round-up" play that could've been--and probably was--a big problem for regulators. Given the math at the time, 1 share would've been worth over $5k... it's dribbled down to this after much costernation and teeth-gnashing... theoretically, only 29 of us (as I recall) should have owned outstanding shares. Obviously, that didn't happen... [Roll Eyes]

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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JJMoneyman
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On 900 shares traded. Nite is on the ask at 101 while the bid is 1.25. Somebody by the name of Glenn A Little (also the CEO, CFO, and President) has filed 2 form 4's in the last 2 months. Looks like he is trying to buy what outstanding shares are left out there.

Also found this:
Current Capital Change
shs increased by 100 for 1 split
Ex-Date: Sep 17, 2007
Record Date: Sep 4, 2007
Pay Date: Sep 14, 2007

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My opinion is only that.

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T e x
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lol, Glenn Little more or less notorious...

new info for me re an F/S...

although, can't say I'm surprised...will look into that, thanks

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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T e x
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see it now... the f/s, I mean. Ex-date was just a coupla days ago, lol...

http://www.otcbb.com/asp/dividend.asp?sym_id=JDMC&dDate=9/4/2007&sDateType=Recor d_date

when I left it? I was due one share showing value at $5,600 and change....

looks like now I'll have 100 shares worth 5 bucks...

yee haw, eh?

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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T e x
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lol, check out trading history on s t o c k w a t c h .com--be sure to check "depth" and "history" before you click "go."

bid/ask is building...verrry strange

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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skip
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This might be a really good one. Bought 1 share in a couple accounts (thanks bilgert) and I have been through the r/s, and the f/s, and now I have 100 shares in those accounts. Folks seem to be restraining themselves on this one as there has not been a ton of bidwhacking. What's better, is when someone sells, they up the bid. If they r/m, could be VERY lucrative...
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T e x
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I went ahead and sold one account today cuz I'm not around enough lately to babysit it...still waiting on shares from Scottie, though. lol, they placed one share in my account a while back, then took it out: "participant level, and we're the participant, so we only had one share for 50 people..." wheee... I reminded him shareholders can't be treated differently...later I read him the language in the def-14, "all fractionals" rounded up to nearest whole share. So we'll see...

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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beechwood
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The spread is wide enough to drive a semi
right down the middle.
Another run today - second in as many days.
If I had time to babysit this all week I
coulda retired by now.
ARRRRRGG!

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T e x
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some truth there, all right...

lol, bid AND ask built all day

gonna hold my Scottie shares for awhile (assuming Scottie delivers) [Smile]

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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bilgert
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I 'obtained' a lot or two through the round-up and was fortunate enough to get a 100 shares on Wednesday at $1. Musta been some panicked sell. Would have considered buying more at that PPS, but the bid support slowly upticked throughout the day and I got shut out.

The CEO (Glenn Little) seems to find some decent companies to reverse merge his companies into. Recent examples have included WUHN (which is on a tear the last few weeks) and FSIN (which recently uplisted to the NASDAQ GM).

Most of his R/M candidates are Chinese companies looking to establish a US presence. It's worth noting that Jade Mountain is in Taiwan...

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bilgert
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Dalian RINO Environmental Engineering Science and Technology Co., Ltd. Completes Merger with Jade Mountain Corporation
Friday October 12, 8:00 am ET
Jade Mountain Corporation Completes $25 Million Private Placement

DALIAN, China, Oct. 12 /Xinhua-PRNewswire-FirstCall/ -- On October 5, 2007, Jade Mountain Corporation (OTC Bulletin Board: JDMC - News), a Nevada corporation (the "Company"), acquired all of the issued and outstanding capital stock (the "Innomind Shares") of Innomind Group Limited, a British Virgin Islands corporation ("Innomind") through a share exchange (the "Share Exchange").

Innomind, through its direct and indirect subsidiaries, including Dalian RINO Environmental Engineering Science and Technology Co., Ltd., a PRC company ("RINO"), designs, manufactures, installs and services proprietary and patented wastewater treatment, exhaust emission desulphurization equipment, in addition to high temperature anti-oxidation systems, which are utilized principally by iron and steel manufacturers in the People's Republic of China ("PRC"). RINO's products are designed to reduce either industrial pollution and/or energy utilization.

Simultaneously with the Share Exchange on October 5, 2007, the Company completed a private placement with institutional and accredited investors which resulted in gross proceeds to the Company of approximately $24.4 million through the issuance of approximately 5.46 million shares of common stock. As part of the private placement, management entered into a "make good agreement" and is required to place 5.58 million of their shares into an escrow to secure its obligations to meet specific net income targets. In the event the Company does not achieve $16 million in after tax net income ("ATNI") for 2007 and $28 million in ATNI for 2008, 1.674 million and 3.906 million shares respectively will be transferred on an all or none basis to the investors in the private placement on a pro-rata basis.

China is the world's largest producer and consumer of steel products and its steel industry is comprised of approximately 1100 companies. For 2007, it has been estimated that the PRC will manufacture approximately 450 million tons of crude steel.

RINO's proprietary and patented wastewater treatment equipment, called the "Lamella Inclined Tube Settler" wastewater disposal system, is a market leader in China's iron and steel industry. The Lamella Inclined Tube Settler system provides comprehensive treatment of wastewater resulting from the harsh manufacturing processes, and is a closed-loop system which significantly reduces the amount of water consumed during the manufacturing process.

In addition, RINO introduced the Circulating Fluidized Bed Method Desulphurization System for eliminating sulphur dioxide emissions specifically in the sintering process of iron and steel operations. RINO's third product is an anti-oxidation system which significantly reduces the scrap produced in steel plate production. A proprietary coating is applied to hot flat rolled steel as part of the process will be sold to customers on an ongoing basis, creating a recurring revenue base. The Lamella system is patented, and patent applications are pending on the anti-oxidation system. Both the desulphurization and anti-oxidation products were developed as a result of RINO's cooperative efforts with the Chinese Academy of Science.

"We are pleased to have completed this financing," stated Mr. Dejun Zou (David), CEO and Chairman of RINO. "The proceeds are expected to be utilized for working capital and to expand our production capacity to meet the growing market demand. This will include implementing new operating systems, equipment and technology to improve both our operating efficiency and profitability. In addition, we intend to expand and strengthen our distribution and sales network in China, while continuing to focus on new product development efforts."

For the first six months of 2007, ended June 30, 2007, RINO recorded revenues of $28.7 million and net income of $7.3 million, compared to revenue of $4.1 million and net income $1.3 million in the respective year ago period.

About RINO

RINO is a leading provider of environmental protection equipment for the iron and steel industry in China. Specifically, RINO designs, manufactures, installs and services proprietary and patented wastewater treatment, exhaust emission desulphurization equipment, and high temperature anti-oxidation systems, which are all designed to reduce either industrial pollution and/or energy utilization RINO's manufacturing facility maintains the ISO 9001 Quality Management System and ISO 14001 Environment Management System certifications, in addition to receiving numerous government and industry awards.

Cautionary Statement Regarding Forward Looking Information

This press release may contain forward-looking information about the Company, Innomind and RINO. Forward-looking statements are statements that are not historical facts. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology, and statements which may include discussions of strategy, and statements about industry trends future performance, operations and products of each of the entities referred to above. Actual performance results may vary significantly from expectations and projections as a result of various factors, including without limitation and the risks set forth "Risk Factors" contained in the Company's Current Report on Form 8-K filed on October 12, 2007.

The shares of common stock issued in connection with the transactions have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration under the Securities Act and applicable state securities laws or an applicable exemption from those registration requirements. The Company has agreed to file a registration statement covering the resale of the shares of common stock issued in the private placement and certain other shares, within 45 days of closing.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities referenced herein in any jurisdiction to any person.

For more information, please contact:

For the Company: Bruce Richardson
Tel: +86-411-8766-1233
Email: bruce.richardson*rinogroup.com

Investors: HC International, Inc.
Tel: +1-858-704-5058
Email: info*hcinternational.net

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beechwood
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I picked up some of this a few weeks ago
at $2.00 and change.
Dumped it on the way up yesterday
at just over five bucks.
It went to $7.00!
That's ok.
I'll settle for 100% in this market
whenever I can get it.

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T e x
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has been quite the play...

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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BooDog
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Nice beech! Wonder if I can make a similar play with another one that just did a 1 for 5000 split.

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All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?

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T e x
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Bank of America spent $8mm to buy 7.1%...

quote:
Bank of America may
be deemed to beneficially own by virtue of its owning 99 percent of
the outstanding membership interests of Blue Ridge and NB Holdings,
a wholly owned, non-bank subsidiary of Bank of America, may be
deemed to beneficially own by virtue of its owning one percent of
the outstanding membership interests of Blue Ridge, 1,785,714 shares
of Common Stock of the Issuer, representing approximately 7.1% of
outstanding Common Stock.

http://sec.freeedgar.com/displayText.asp?ID=5475612

news is out; now trading 5.60 x 7.00, last trade 6.99...

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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bilgert
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JDMC - Dalian RINO Announces Third Quarter 2007 Financial Results
Tuesday November 20, 8:30 am ET
-- Third Quarter Net Revenues Increase 572% to $17.6 million
-- Third Quarter Net Income Increases 773% to $4.3 million with $0.24 in EPS


DALIAN, China, Nov. 20 /Xinhua-PRNewswire-FirstCall/ -- Jade Mountain Corporation (OTC Bulletin Board: JDMC - News), through its direct and indirect subsidiaries, including Dalian RINO Environmental Engineering Science and Technology Co., Ltd., a PRC company ("RINO"), designs, manufactures, installs and services proprietary and patented wastewater treatment, flue gas desulphurization equipment, in addition to high temperature anti-oxidation systems utilized principally by iron and steel manufacturers in the People's Republic of China ("PRC"), today announced financial results for its third quarter, which ended September 30, 2007.
Net Revenues for the third quarter of 2007 increased 572.0 percent to $17.6 million compared to $2.6 million for the third quarter of 2006. The increase in net revenues was attributable to strong sales of Company's new flue gas desulphurization systems and anti-oxidation systems, which equated to $12.4 million and $0.8 million respectively. Additionally, contract machining services also contributed to revenues.

Cost of revenues for the third quarter of 2007 was $10.3 million, yielding a gross profit of $7.4 million and gross margins of 41.8 percent, compared to $1.0 million in gross profit and a gross margin of 39.8 percent during the third quarter of 2006. The favorable variation in gross margins resulted from the contribution of royalty revenues in addition to higher capacity utilization and the integration of new machine tools in 2006.

Operating income for the third quarter of 2007 totaled $5.2 million, representing a 532.1 percent increase from the $0.8 million reported for the third quarter of 2006 and were directly related to the increase in revenues. Operating margins were 29.4 percent and 31.2 percent for the third quarter of 2007 and 2006, respectively.

For the third quarter of 2007, net income was $4.3 million, an increase of 773.1 percent from $0.5 million recorded during the third quarter of 2006, while earnings per share increased to $0.24 per share for the third quarter of 2007 compared to $0.03 per share for the third quarter of 2006, with both calculations being based on 17.9 million weighted average diluted shares. The Company incurred taxes of $0.7 million and $0.2 million for the third quarter of 2007 and 2006, respectively, which equated to an effective tax rate of 14.9 percent and 32.5 percent, respectively. The Company had 25.0 million shares outstanding on November 19, 2007.

''We are very pleased with our performance both for the third quarter and year to date. 2007 has proven to been an inflection point for our Company as we have leveraged our strong brand name, established customer base and recently implemented government regulations to deliver a significant increase in both revenues and profitability," stated Mr. Dejun Zou (David), Chief Executive Officer of Dalian RINO Environmental Engineering Science and Technology Co., Ltd. These results are the culmination of hard work, prudent planning and solid execution on behalf of our entire organization. The underlying growth dynamics and fundamentals in the environmental services industry provide further confirmation that we are properly positioned to capitalize on this opportunity on a go forward basis.''

Nine Month Results

For the nine months ended September 30, 2007, net revenues increased approximately 583 percent to $46.3 million compared to the same year ago period. Wastewater and desulphurization systems respectively accounted for 14.0 percent and 44.9 percent of revenues. Gross profit was $22.6 million for the first nine months of 2007, representing an increase of 620 percent from the first nine months of 2006. Gross margins were 48.7 percent for the first nine months of 2007 compared to 46.2 percent for the first nine months of 2006. Income from operations was $16.4 million for the first nine months of 2007, representing an increase of 518 percent over the first nine months of 2006. Operating margins were 35.5 percent for the first nine months of 2007 compared to 39.2 percent for the first nine months of 2006.

Net income was $11.6 million for nine months ended September 30, 2007, an increase of 567 percent, from the same period of 2006. This equated to earnings of $0.65 per share for the first nine months of 2007 compared to $0.10 per share for the first nine months of 2006 based on 17.9 million weighted average diluted shares outstanding in both respective periods.

Balance Sheet and Cash Flow discussion

The Company had a current ratio of 2.3 to 1 and $16.0 million in accounts receivable on September 30, 2007. The company reported $3.6 million in long term notes payable. For the first nine months of 2007, the Company used $2.8 million in cash for operations, the main variance from net income relating to increased receivables which are a function of the product mix, the timing of new product installations and a significant increase in revenues.

On October 12, 2007, subsequent to the quarter end the Company announced a private placement with $24.4 million in gross proceeds.

"I would like to thank all of the investors who participated in our recent private placement. This capital will be utilized to significantly expand our production capacity during the coming six to twelve months to meet customer demand which is being supported by industry consolidation and compliance with government regulations. Additionally, we are also optimistic about commercializing our new anti-oxidation equipment which will also generate recurring revenue through associated paint coating sales."

Conference Call

The Company will host a conference call to discuss 2007 third quarter financial results on Wednesday, November 21, 2007 at 9:00 a.m. EDT. Interested participants should call +1-888-469-6384 when calling within the United States or +1-480-629-9562 when calling internationally. There will be a playback available until 11:59 p.m. eastern time November 28, 2007. To listen to the playback, please call +1-800-406-7325 when calling within the United States or +1-303-590-3030 when calling internationally. Please use pass code 3804741 for the replay. This call is being webcast by ViaVid Broadcasting and can be accessed by clicking on this link http://viavid.net/dce.aspx?sid=0000486A or at ViaVid's website at http://www.viavid.net . The webcast can be accessed through December 21, 2007.

About Dalian RINO Environmental Engineering Science and Technology Co., Ltd.

RINO is a leading provider of environmental protection equipment for the iron and steel industry in China. Specifically, RINO designs, manufactures, installs and services proprietary and patented wastewater treatment, flue gas desulphurization equipment, and high temperature anti-oxidation systems, which are all designed to reduce either industrial pollution and/or energy utilization. RINO's manufacturing facility maintains the ISO 9001 Quality Management System and ISO 14001 Environment Management System certifications, in addition to receiving numerous government and industry awards.

Cautionary Statement Regarding Forward Looking Information

This press release may contain forward-looking information about the Company, Innomind and RINO. Forward-looking statements are statements that are not historical facts. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology, and statements which may include discussions of strategy, and statements about industry trends future performance, operations and products of each of the entities referred to above. Actual performance results may vary significantly from expectations and projections as a result of various factors, including without limitation and the risks set forth "Risk Factors" contained in the Company's Current Report on Form 8-K filed on October 12, 2007.


-- FINANCIAL TABLES TO FOLLOW --


JADE MOUNTAIN CORPORATION AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEET
AS OF SEPTEMBER 30, 2007
(UNAUDITED)

ASSETS

CURRENT ASSETS
Cash and cash equivalents $ 77,221
Accounts receivable, net
of allowances 15,971,323
Contracts in progress 3,231,272
Inventories, net 149,871
Other current assets and
prepaid expenses 8,985,151
Total Current Assets 28,414,838

PROPERTY AND EQUIPMENT, NET 10,468,380

OTHER ASSETS
Prepaid expenses (non-current) 103,091
Intangible assets, net 634,068
Land use rights, net 877,155
TOTAL ASSETS $ 40,497,532

LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
Accounts payable $ 3,936,548
Other payables and accrued
liabilities 1,280,073
Notes payable 4,389,699
Due to a stockholder 466,766
Business tax payable 567,668
Income tax payable 49,357
Value added tax payable 1,623,520
Total Current Liabilities 12,313,631

LONG-TERM LIABILITIES
Notes payable - long term 3,591,572
Deferred tax liabilities 5,131,718
TOTAL LIABILITIES 21,036,921

COMMITMENTS AND CONTINGENCIES

STOCKHOLDERS' EQUITY
Preferred stock ($0.0001
par value, 50,000,000
shares authorized, none
issued and outstanding as
of September 30, 2007) --
Common stock ($0.0001 par
value, 10,000,000,000
shares authorized,
17,899,643 shares issued
and outstanding as of
September 30, 2007) 1,790
Additional paid-in capital 3,858,452
Retained earnings
Unappropriated 14,540,690
Appropriated 326,556
Accumulated other
comprehensive gain 733,123
Total Stockholders' Equity 19,460,611
TOTAL LIABILITIES AND STOCKHOLDERS'
EQUITY $ 40,497,532

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icnif77
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how did u get all this stars, bilgert ? LOL
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bilgert
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quote:
Originally posted by icnif77:
how did u get all this stars, bilgert ? LOL

I used to have 5 but then I pissed some people off. If I posted more often, I'd probably have 2.
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