Its one of those "Chibanez" Jem copies. But this must have been one of the better ones as it plays REALLY well---and actually has a truss rod that works. I bought it used about a year ago. I made my own pickgaurd that was a little more accurate than the aweful one that cam with it. I bought an Ibanez pickgaurd to use as a guide and had to interpert the lines using the guitar body as you can imagine being a copy its not dead on to a real IBBY body. Its also made of real wood (as evidence by a chunk missing off the back), not plywood like alot of them are. Future planes are to paint the headstock white, add a matching red truss cover and replace the hardware and pickups (have a texas special for the middle already). I bought it for $100 shipped off of HCEG forum last year, i figure i'll have $350is in it all said and done. I could never afford a real one, so this is as close as i'll get. And I can have fun with it and not worry.
The bottom is my trusty old Westone for the Matsumoko factory circa 1987. Had this exact one as a kid, searched for mine or the exact copy for over 10 years before i found this one on Ebay. Always wanted cool colored pickups as a kid and never could afford them, but I can now (am i too much 80's? LOL). Has Dimarzio super distortion and Tex Mex bridge and neck pickups in it.
Thank you for asking---you know how it goes, they all have stories.