JNS Holding Corp (JNSH)

[hat12trick]

Bring it on! I’d be fine with that. Actually if there isn’t already some type of framework for a settlement agreement, that just might be the fastest way to bring the legal proceedings to an end. They have managed to drag this out forever. But just think about how a jury trial would go: JNSH has already won the case against 350Green which started the whole settlement process in the first place, the principals at 350Green were just recently found guilty of fraud, and the jury would be determining damages when considering the local hometown hero that rescued the charging network vs. the unscrupulous CA company that screwed the city over. I don’t see that going so well for the other side.

An oldie… but goody:

JNS Holdings Rescues Chicago EV Charging Program

March 25, 2015

CHICAGO--(BUSINESS WIRE)--ChargePoint and JNS Holdings Corporation (OTC: JNSH) today announced one of the largest electric vehicle (EV) charging installations in the Chicago area is up and running at full capacity.

The contract was initially awarded by the City of Chicago to 350Green, LLC of California. 350Green allowed the system to fall in disrepair and ultimately abandoned it, leaving Chicago’s EV owners limited access to functioning public charging stations according to Brian Howe CEO & President of JNS Holdings Corporation.

JNS, with prior approval from the City of Chicago agreed to acquire the charging stations from 350Green. Unfortunately 350Green left behind a trail of unpaid vendors, and legal issues according to Brian Howe CEO & President of JNS Holdings Corporation. Regardless, JNS forged ahead with the acquisition, paying all vendors and, enduring lengthy and costly litigation.

JNS in conjunction with ChargePoint, the largest EV charging network in the world, was able to bring over 115 stations back online to provide Chicago drivers access to public EV charging infrastructure. JNS is based locally and is experienced with all aspects of EV charging systems.

“JNS Holdings has shown a commitment to drivers and the EV industry in their continued effort to bring these stations back online,” said Scott Miller, Vice President of Sales, North America East with ChargePoint. “We’re excited to tell Chicago residents and visitors about these stations and know they will make it possible for more people to get behind the wheel of an EV and realize their many benefits.”

“We are fully committed to the Chicago area EV consumer, EV visitors and will continue to grow the system with more locations while providing the most up to date technology and service. We would also like to thank ChargePoint with their invaluable expertise in assisting us with this endeavor,” said Brian Howe CEO & President of JNS Holdings Corporation.

Mr. Howe also stated, “As a native Chicagoan I am extremely pleased to be of service to the community that I live and work in.”

http://www.businesswire.com/news/home/20150325006053/en/JNS-Holdings-Rescues-Chicago-EV-Charging-Program