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Hate to admit, but ccgi has the rights in no fault of their own. It was 350 that violated the contract/agreement.
Balance sheet doesn't have any merit with this lawsuit. Basically jnsh was screwed by 350. If I was CCGI, I wouldn't want anything to do with 350. The city of Chicago should prosecute all involved with 350.
Doesn't really matter what it's valued at if it doesn't trade. Like having a million dollars and can't spend it...useless.
Hopefully something is added to pacer about today's appearance and what happens next.
Never thought shares would be available under a penny.
Tomorrow morning they meet.
All of the their shares?...What, 5 grand worth? Everyone needs to understand its all about volume and this stock just can't seem to generate any.
This is the problem with the stock not being liquid....couple thousand dollars can move it 25%
They put out tons in may. Just doesn't matter....not sure the stock will ever gain attention.
You are exactly right.
Ok so that was may 9th. But that's still after they agreed with jnsh.
Now the city is giving ccgi the contract?
http://www.agreementworld.com/realdocs/preliminary-terms-approval-transfer-grant-agreement-car-charging-group-inc-car-charging-gro
Well, motion hearing. This morning at 9. Now they are not listed.
See we are back in court Friday with ccgi, but today's meeting with 350green is not on the schedule anymore.
Speaking of accumulation...
http://stockcharts.com/c-sc/sc?s=JNSH&p=D&yr=1&mn=0&dy=0&i=t53201794802&r=1370921899197
Pr's don't matter with this stock. Continues to not trade or draw interest.
Anyone have an estimate on how long it takes to become SEC compliant?
So the hearing on Tuesday will either grant or deny the
"expedited proceedings"?
Reading what @-@ posted, I don't see how they lose this case. This is the one to watch and move forward.
Three days without a trade....brutal. With all the recent great news too. Just can't get any interest.
I don't see how they can lose. We might see this done by the end of the month. JNSH said it would take 4 months to complete the installations and must be done by the end of the year.
Not sure what happened today but jns and 350 have another court date on tuesday.
That's awesome your lawyer friend thinks jnsh is going to win!
I think jnsh has like 10 shareholders...all post on this board. Somehow need liquidity. We need volume but can't get volume without volume.
The two main issues are months out. Patience is getting old.
How does that work with the 350green lawsuit...is jnsh suing the original owners, or is it basically ccgi because they acquired 350?
It's like were suspended with the 50% spread.
The one for tomorrow with judge Dow. Aren't they basically suing ccgi?
Another 3 months kinda sucks. So why is jnsh going after 350green? For work done? Also isn't 350green nonexistent? It would be CcGI.
I'll sign up for pacer when I get home. First 15 dollars are free per quarter.
Now I don't see jnsh and ccgi listed for a court appearance Thursday. Maybe there's a settlement?
Just seen JNSH hearing with 350green is on Thursday too. 15 minutes before the one with ccgi.
http://www.ilnd.uscourts.gov/DailyCal/2.htm
I think the court system is bad no matter which side you're on. My opinion is CCGI wins this case just because they acquired 350green in words. But 350green should be sued cause they knowingly signed a contract with JNSH and knew they were being acquired by CCGI.
I do agree. They have tons of chargers out there and not generating much revenue. But maybe it'll take off very fast. This move to electric vehicles seems very slow to me. It just seems way too high of a multiplier.
That's been my worry. Whenever the courts are involved, it takes forever.
Seriously....someone explain to me how CCGI has a market cap of 70 million? This should be doing at least 15m in revenue to be valued at that. And I don't see that for 5 years...the earliest.
When JNSH goes to court on Thursday, what are the chances a decision will be made? Is this the first time the judge sees the case or do they have a chance to review it?
So JNSH is suing 350 for their work done?
So Ccgi is backing out? Jns is looking to win?
Right, we have like 3 people trading this a day. Need a promo or group. The group that put us on watch is on a company that hasn't pr'd for 6 months nothing on the table and here we sit with all the recent great news and no attention.
JNSH isn't liquid. Couple thousand dollars and we can move 25%. The big holders here would drop this to a half cent if they decide to sell, also would take them about 6 months.
You're exactly right. The company is moving in the right direction. Just that the stock doesn't trade. Not liquid enough for a lot of people. JNSH went up 100% last few days but it was on like 4 grand. Easily drop to a penny on the same. Everyone here says "have patience, volume will come", well, that's something they can keep saying forever.