Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Man, this place went to the dogs real quick today!
I have those type of stocks as well, but JBII is not one of them. Every once in a great moon you get a ship that will take you to the moon and beyond. This stock has not even appeared on the brokerages horizon yet.
Preaching to the choir here traderdon.
Dude, have you seen what has just happened over the past 2 days? John doesn't need nor desire to pump anything!
Tighter than a well-diggers as....
Logical assumption indeed!
..all the divisions of JBII are hitting on all 8 cylinders...
What makes you think that JBII only has 8 cylinders? (GRIN)
Very tight float.
The smart money is in the know here. ~IMO
Quite the opposite, it would appear.
Nice find Generic!
Maybe shareholder value in mind? I believe the only intent was to maintain control of the company, and that was effectively accomplished by the new structure. John constantly refers to us as "loyal shareholders". He needs us & we need him. Damn Man, sounds almost like a family!
I can live with that.
LOL - definitely will do that!
Just received an email reply from Katie:
...I have discussed the issue with John and it is managements belief that it is illegal to sell shares on the open market to participate in a PIPE. John clarified the situation to me in the following email which I will share with you.
Shareholders in this company acquired stock in one of four ways.
1) They were an original shareholder through the SB-2 registration statement.
2) They purchased free trading stock directly from the original shareholders in (1) -- that was what IPO shareholders did.
3) They purchased stock from the company in a private placement and their shares are restricted for 6 months as required by Rule 144.
4) They purchased stock on the open market.
In any event, none of the above can sell stock in the open market to participate in the PIPE, based on the information in the PIPE.
The regulatory agencies take a hard line with respect to open market transactions related to a PIPE. It would be of no challenge at all for a regulatory agencies to send us an issuer request letter that states:
1. A copy of JBII's most recent shareholder list, and a copy of a stock certificate history report for JBII common stock;
2. A copy of any records reflecting the open market purchase or sale of JBII shares from XXXX , 2009 through the present, as discussed with the Staff on XXXX, 2009.
... and then finally request a copy of open market purchases settled by the DTCC.
I trust as you can see from the above. We do not want any of our loyal shareholders to get in trouble with the regulatory agencies. As well, we strive to be compliant at all times.
Therefore, if you wish to participate in the PIPE because you know John, you should consult with a securities lawyer to get a determination on whether you are able to sell the stock you have now in the open market. It is management’s belief that it is ILLEGAL to sell shares on the open market to participate in a PIPE. It can work both ways. For example, if someone requested a P2O joint venture and then bought JBII shares on the open market based on JV revenue estimates you received, you could also be prosecuted.
Katie Matkowski
Profit Center Manager
John Bordynuik Inc.
4536 Portage Rd.
Niagara Falls, ONT
L2E 6A8
katie@johnbordynuik.com
www.johnbordynuik.com
UAE is coming into dire straits - so perhaps theirs was for profit. Not sure why Qatar would be though - unless they lost a bundle in Dubai as well. I agree with you though - let's see if more joins them.
I believe regulatory will be the largest hurdle. That is one of the reasons for the meticulous recording of the installation and startup which should accelerate the licensing process for all governmental entities. In addition it creates the Installation and O&M Manual which will streamline the construction/startup phase. I still think that we will all be pleasantly surprised at how quick one of these can be placed into production mode.
That would depend upon them changing the pre-package BK, which I do not believe is the case here.
Like I said - IMO
U.S. taxpayers only count for "x" funds to the federal budget - we're a number with a value and that's all. If the judge requires them to work another package which saves the tax dollars, then that may produce a bounce as well.
The only 'bounce' will be if the judge denies the pre-packaged BK. ~IMO
Another clean & green day for a clean & green company! Everyone have a great weekend!
LOL - I second that!
The average trading volume for the past 34 trading days is 20,618. Most of that is accounted for accumulation. The iggy button is warming up...
Thanks for the tip! I will start looking for it in my area. Maybe this was one of the more important trees in the Garden of Eden. Have no knowledge of benefits of this fruit, but have heard about it in areas that I frequent.
My average is still 1.18 and no complaints from me.
My ETURD is not showing anything, but your price should not be a problem to fill.
And knowledge is such a wondrous thing...
Welcome breakHARD77! Don't forget to take a look at the 1st sticky post.
That logo will be fitting for years to come!
Hey, Hey...water into wine did occur...
Quality over quantity grasshopper.
I hope that it will be Fox News, as they have definitely been given the Democratic 'cold shouder' irregardless of them being the only one reporting from both 'sides of the fence', so to speak.
I was enjoying your first suggestion better...
I like condos!
You old folks Rock!
Good one to add!