JAAG Enterprises is a start-up uniform supplier operating through its Hong Kong subsidiary, JAAG Uniform. The company designs, sources, and distributes uniform garments and accessories to customers in Hong Kong. JAAG Uniform does not own manufacturing facilities — instead, it works with third-party clothing manufacturers in Hong Kong and China to fabricate products, then sells them at a markup. The business is essentially a trading and distribution operation. JAAG Uniform's customer base is extremely small and concentrated, with four major customers accounting for the majority of sales. The company's cost structure is dominated by professional and administrative fees rather than cost of goods, meaning compliance and overhead costs far exceed what the current revenue base can support. JAAG Enterprises has a going concern issue, relying on equity raises and related-party cash advances to fund operations.