Quick Take
Dragon Jade International (OTCQX:DGJI) has filed to raise gross proceeds of $10 million from a U.S. IPO, according to an F1/A registration statement.
The firm has two lines of business - one that produces and distributes Chinese health supplements as well as one that engages in wine distribution.
DGJI is a tiny company with heavy losses and is seeking U.S. investment at a time of greater exchange scrutiny of small Chinese companies.
Company & Technology
Hong Kong-based Dragon Jade was founded in 2008 to market health supplements ‘without any limitation