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Alias Born | 09/19/2002 |
Tuesday, September 02, 2014 6:05:53 PM
(Jan 2013 - August 2014) they would have missed all this....
The ceo/owner who never technically lost control of the company despite reports of such due
to his supervoting preferred shares
Installed a supposed moral compass that was supposed to launch the PTO fleet in 2010
Held a few AGM's where 'shareholders' had all kinds of good news blown up their butts
Had the company's founder charged with fraud and misdeeds in TWO countries and settled with fines
and stipulations barring him from an officer's position in any public company
'Hired' a new CFO with "world class" credentials that couldn't seem to file a 10Q properly and had
to file an amendment AND who reportedly took one third of his salary in stock but yet hasn't filed
the requisite form 4's showing those shares
Got rid of most of the staff including some aromatics .. although a few still make themselves *heard*
Filed their annual (2013's K) way late on 6.4.14
and finally got back to being fully compliant with FY 2014 Q1 and Q2 filed, again way late, oh, and with
an amendment to boot because the *world class* CFO forgot to include some files.
hmmm
TOTALLY FACTUAL ..
and it's why the investing community is literally LOL'ing at this POS
Next asset sale probably will be the blending facility if someone is crazy enough to buy it. I wonder
why they aren't trying to sell it if they are not in the fuel business anymore...
They had a BoD that included an independent that probably saw the light and left. Who would want their
name associated with this company. Check the previous people connected. They're all removing public
references on linked in, facebook, etc. to having been involved with JBI, with bloody good reason.
P2O SURVIVED, barely (so far)..
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