The allegations against JBII are withdrawn. The employees of JBII have been withdrawn from their duties. $170,000 has been withdrawn from JBIi's bank account to pay his settlement, patent applications have been withdrawn, sustainable growth was withdrawn years ago. Financials and transparency have been withdrawn as well.
Simply because JB took the fall for JBII, admitting to knowingly duping investors, doesnt change the fact that the damage was done to the investors of JBII through his actions. JBII share price and financial viability were ruined by JBII thanks to JB.
Before being busted for illegally inflating the value of media credits JB raised $11.2 million in funding. However once he was busted he can't raise adequate funds. Obviously deceit is/was his only way of acquiring adequate funding. No JB lies equals no money.
JB transfers shares illegally to promoters who use shares as payment to be Nondisclosing promoters of JBII. They push the share price up in an artificial and illegal manner. The share price sinks on e they dump their stock, never to recover. Each year brings lower highs and lower lows. From &4+ to .18. Example: last run all time low of .06 to .30 and already back down to .18
So, Nondisclosing promotion may have fueled early gains in the share price it also destroyed the ability to sustain any of the gains because it was built through illegal means on bullshit hype that never had a chance to come true. JB orchestrated this through providing free trading shares and placing these shares I hands of promoters by using his own kids as part of the scheme. Stock moved up on lies and hype and it moves down on reality.
JB ruined the ability to acquire funding and be ruined the stock price through illegal stock transfers. Nondisclosed promotion and outright lies in press releases. He caused the situation JBII is in today but thank God the allegations against the company were withdrawn, that makes it all better and JBII will be automatically placed back at $4 for a do over right???????
