Jade Art Group Inc.

Jade Art Group Inc. is a seller and distributor of raw jade, ranging in uses from decorative construction material to high-end jewelry in  China.  It  owns  exclusive  distribution  rights  to  90%  of  the SheTai  Jade  mine’s  production,  one  of  China's  largest  open-pit jade mines in terms of reserves.  The SheTai Jade mine has proven and  probable  reserves  of  approximately  six  million  tons  and  an estimated useful life of well over 50 years. Jade Art Group began selling and distributing jade in January 2008.Historically  Jade  Art  Group’s  business  was  manufacturing  and selling hand and machine-carved wood products in China.   Man- agement saw the opportunity to transition from this business with limited growth potential to enter the much more attractive business of raw jade sales and distribution.Jade Art Group’s goal is to meet China’s growing demand for jade and use its free cash to vertically integrate its raw jade distribution base into jade processing, carving and eventually retail jade sales.