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City of Chicago Accepts JNS Power & Control Systems’ 350Green LLC Asset Purchase Agreement 2013-05-06T05:12:00Z Email Facebook Twitter Google+ LinkedIn Save City of Chicago Accepts JNS Power & Control Systems’ 350Green LLC Asset Purchase Agreement
Business Wire
CHICAGO -- May 6, 2013
JNS Holdings Corporation (OTC Markets Group: JNSH) today announced that its subsidiary JNS Power & Control Systems, Inc. (“JNS Power”) has received notice from the City of Chicago that the City accepts the terms and conditions set forth in its April 17, 2013 Asset Purchase Agreement with 350Green, LLC (“350Green”). Under the terms of the Asset Purchase Agreement, 350Green, an owner and operator of electric vehicle (“EV”) charging stations throughout the country, must deliver to JNS Power its chargers and license agreements with property owners, all of which are located in the Chicagoland area. The Asset Purchase Agreement gives JNS the largest EV charging system in the third largest market in America.
“We are thrilled that the City of Chicago has accepted the terms of our Asset Purchase Agreement with 350Green so quickly. We appreciate their confidence in our firm and we look forward to working with the City and the property owners where the chargers are installed. We believe we can provide efficient EV charging station service to the whole Chicago metropolitan area,” said Brian Howe, Chief Executive Officer. “JNS expects to satisfy all of the conditions of the U.S. Department of Energy First Amended Grant with the City by the December 31, 2013 deadline,” Howe said.
With regard to the lawsuit recently filed by one of its competitors, Car Charging Group, Inc. (CCGI), in the United States District Court for the Northern District of Illinois, Mr. Howe stated, “A similar lawsuit was filed by CCGI in New York and subsequently dismissed. Like the New York lawsuit, the Illinois lawsuit is without merit. We intend to vigorously defend these baseless claims and are confident that the Illinois lawsuit also will be dismissed.”
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Contact:
JNS Holdings Corporation Brian Howe – CEO, 847-577-3795 www.jnsholdings.com info@jnsholdings.com
Not to be sacrilegious, the match may have been made in hell (or a courtroom to be more specific), but now i'm thinking pennies from heaven. :)
IF BY PENNIES FROM HEAVEN YOU ARE MEANING SACKS OF BIG BUCKS FROM HEAVEN, I HAVE SOME APPRECIATION OF YOUR WAY OF THINKING! :) Pennies? Hmmm...I don't think so...................
Personally, I have no worries about JNSH. I am more concerned about those that have invested too little or too much of their family wealth in JNSH.
I am pretty relaxed about the JNSH providing a payoff that investors will appreciate.
Is that relaxed state realistic or nonsense? We'll see pretty quickly won't we?
The big question is, how long is he going to let this fly on autopilot.
Auto Pilot! You've gotta be kidding! JNSH is potentially the tremendous investment it is becoming because of a lot hard work, savvy thinking and smart decisions on behalf of management~!
JNSH is in the big leagues, and IMO, all of us that stay the course will all reap the benefits of patiently staying that course while our pilot brings us smoothly into pay-dirt!
i would even be more impressed if you owned millions of shares of appl
Really? If I owned millions of shares of Apple, why would I even be in the penny market? IN fact, why would I even own the Apple? Millions of shares of Apple it could be liquidated and turned to cash and provide me and my family with sufficient income for the rest of our lives!
JNSH, to me, is a tremendous, once in a life time, opportunity to enjoy being a part of a magnificent growth of a possibly superb company...JNSH!
I have never been, in any way, unhappy with JNSH as an investment! It is perfect for me and my family...all it requires is time...JMO!
ther banner day,,,maybe someday brian will say something
Taz51...my response is not directed to you, but to your message on the board which is understandable....maybe someday Brian will say something.
Let me bore you for awhile, while one of the "longs" with "lots of shares...millions of shares", is really not concerned about Brian's silence....is not even concerned at all about his silence!
I started buying several years ago and fully expected that my investment would grow great, very quickly!...well it did not! So....believing that time would be kind to a company with such an apparently great future, I did what a lot of other "longs" have done...I just bought more and more and more shares! Despite no increase in the value of our investments...we were convinced that time would unveil the real value of JNSH!
Mind you, this was at a time when the share price was sadly going downhill and sometimes, inexplicably, uphill, there was no new good news to justify my buying...or the buying of other longs.
We just believed in JNSH and Brian...and we still do...despite the fact that these longs, including me, have collectively bought MANY millions of JNSH shares and have nothing tangible to show for it!
And I have heard nothing negative from other longs about our large investments in JNSH! Speaking for me and possibly other longs, I believe nothing has changed with JNSH to make us even begin to have misgivings about our large investments in JNSH
The future, to me, looks even greater for those of us that are deeply invested in JNSH!
Does Brian's silence make me want to dump my millions of shares? You have got to be kidding! Of course not. Nothing has changed with JNSH, as far as I can see, that would even begin to make me question my investment, a LONG TERM Investment, and hopefully, a strategically incredibly profitable investment.
Go!, JNSH and Thank you Brian for being at the helm of the JNSH Ship!
Looks to me like something is coming... and someone knows...
Sure looks like it! And when "someone knows" spreads to "LOTS of investors KNOW", there will be lots folks wishing that that they had not sold a bunch or ALL of their shares!
The fundamentals of this stable and financially-sound company are just too good to be ignored.
What a ride for all the longs that are watching upward momentum unfold that they KNEW would probably unfold.
Anyone selling down here has no idea what they are doing
Amen!, Brother!!!
ThrowinShapes! Good response!
On the other hand there are folks on this thread that each own several million shares of JNSH! (Maybe many more than several!)
And you know what? Those people that DO own several million shares of JNSH.................DO KNOW WHAT THEY ARE DOiNG!
They move fast...and they sell seldomly!
JNSH is the intelligent folks dream! On the other hand JNSH is the hesitant and slow-moving investor's nightmare! e.g.( Oh, damn....why did I not buy LOTS of JNSH when I had the chance?)
But many of the folks that I know on the JNSH spread have bought LOTS of shares...are are settled in to the enjoyable waiting scenario!
The price is under.0125 also so it makes it easy to accumulate a large stack without spending thousands of dollars The benefit greatly out weighs the negatives The long shareholders are truly an awesome group of people and most of them are legit heavyweights. I don't know many otc's where multiple people like 10 of them are willing to hold 10-25 mm shares overnight let alone as real long hold. I hope all of them each clear $1mm+ with their investment in $JNSH because when you trust & believe in something you get rewarded. And to think all of these wonderful qualities are all for the same single ticker $JNSH.
Daveyo! Great post...the straight truth!
I reprinted, for this post, part of your great post. WHY? One, you are a knowledgeable straight shooter! Second, You are the only poster on this board, that I know of, that shares how important it is that there is a group of longs that have accumulated LARGE holdings and have steadfastly held onto those holdings...and in doing so, have shown how likely it is that the per share price of JNSH will more than likely escalate once new investors start attempting to accumulate significant holdings in JNSH!
Folks, if I were you I would reread "the man's" post!
DD Doctor! I understand your stance regarding your question...but I don't think that you will receive an answer to your inquiry! But you and I will wait around for a long time before we will even get any answer for a normal question!
Our CEO may be in the doghouse with shareholders right now for not communicating, but Brian is not stupid. I think the future could be brighter than the guys angling for cheap shares would have us believe. JMO.
Well, If hard-headed Stock Barber says "the balance sheet should look great", that is good enough for me!
And if the CEO of JNSH is not rushing off to placate me, a large shareholder, that is good enough for me!
And you all? What is good enough for you? What is good enough for you to continue to hold your shares? What is good enough for you to "belly up to the bar" and buy more JNSH shares?
Personally, even as a large shareholder, I am losing no sleep over my very large JNSH share ownership...on the contrary, I am just sitting back and waiting for the doubters to sell there shares so that I can buy MORE JNSH shares!
How do I know that JNSH is a REAL investment? I don't know!, but it has been a lot of years since I've made any real mistakes...ask my wife!
But, guys and gals? I urge you to do your own homework...I have...and I will enjoy your findings...your actions...And my best to you in making wise & good decisions!
And I whole-heartedly agree with that! And I believe that those that are waiting for GREAT news before they amp up their ownership of a LOT of JNSH must not really understand the mistake they are probably making...JMO...But I know folks that are hunkered down with several millions of shares of JNSH...AND THEY AIN'T WORRIED!AT ALL!
ORCA! I WOULD HAVE THOUGHT THAT YOU WOULD HAVE DEVOURED THOSE SHARES!
REMEMBER FOLKS! IMO, anything you can buy under $.009 , or even under $.010 is GOLD! Yeah, I hear you! You're saying that this issue could have been bought for .0045 a couple of years ago...well, maybe....but I bought several million shares at that price, and I don't think those folks that sold to me are going to all of a sudden, sell it for less or even slightly more!
Hat Trick: your summation of the JNSH dilemma is right on the nose...at least as I see it. Brian either comes forward and informs the shareholders...or...or...he is a part of the problem!
And there are some of us that will challenge the problem!
My bid is still there for the next set of "longs" that wish to liquidate.
Longs? that wish to liquidate?
Hmmm....Hmmmm...sorry, I don't know any of them! Who are they?
I know several longs that own hundreds of thousands, even several millions of shares of JNSH...and none of them, as far as I know, "wish to liquidate"!
I am one of those longs...and I am not liquidating ANY JNSH shares!
There are going to be very few shares, in the future, sold under a penny. IMO, most of the very largest holdings of JNSH have been bought at about .00878 and .009.
The above is true. However, despite the fact that I know that over 25 million shares of JNSH shares WERE bought by one investor at an average of $0.00878 per share, there are more than likely many more millions of shares bought at an average, both higher and lower than that.
My point is this. Longer term and very seasoned JNSH investors, would more than likely be very comfortable with owning large holdings of JNSh at an average of $0.0088,....the average per share price(PSP) of a very large multi-million share holding of one investor of which I am aware.
Why am I posting this? Well, I have heard a lot of grumbling from posters that seem to believe that current JNSH PSP is too high to warrant buying JNSH as a viable investment.
From my vantage point, that is silly, plain and simple! But I believe they have quit buying................! Well, that truly seems silly to me....but it opens up opportunities for other investors to take advantage of these bargain-basement opportunities to purchase hundreds of thousands of shares of JNSH, the most opportunity-laden stock I have seen in years...at least that I was overwhelmingly and willingly eager to invest in! JMO
To me,the fact that JNSH is still available at such low PSP is like a gift from Heaven! Even if you think you have "enough of JNSH", you might STILL want to reconsider and buy more of what I BELIEVE IS A MARVELOUS OPPORTUNITY FOR ACQUISITION!
Waiting for the price to drift down to .002? Well, anything can happen...but, personally, I would not take that chance on missing the current opportunity.
No painting here. Sellers under a penny seemed to have moved on.
There are going to be very few shares sold under a penny. IMO, most of the very largest holdings of JNSH have been bought at about .00878 and .009.
So, IMO, those of you who are waiting for the per share price to drop below this level are probably going to be disappointed.
IMO, at this point, to accumulate even very modest holdings of JNSH, I believe that you will have to be willing to pay out .015 or more...and that number will climb very rapidly once significant news is released.
IMO, this is an investment that has tremendous potential because of at least two factors: the company is rock-solid financially, and it is in one of the most potentially high growth sectors world-wide....electrically powered automobiles.
Well this old ball and chain ain't selling at a discount. Keep driving the price down and I'll become an even bigger ball! Ha!
Amen!, Brother!
sirglenn! You've got my vote!
There are quite a lot of us that fully understand the incredible possibilities that JNSH presents to us! Sell? Millions of shares? Ha Ha Ha Ha Ha Ha Ha Ha............! Oh my! Not on my life...let alone your life! This is just sitting back time for those of us that have purchased JNSH stock by the truck-load...quite some time ago!
This is an amazing time! Glad that I am holding millions of shares...NOW! Can't wait to see what the PSP is when the dust settles!
Am I in a hurry? Of course not! Are YOU in a hurry to buy JNSH?
"hiding" is a pretty mouse-like term to be applying to a very successful and accomplished businessman!
Do you really believe that he is fearful of the investor's? I don't! I believe that he is strategically working through a LOT of important business options and he does not need shareholders raising their un-informed collective voices in any way that might have even a small chance of derailing his strategical business options.
Hiding? Ah, c'mon! He is a respected, tough, and seasoned head of a growing company...a company with a lot of past success and lots of incredible future probabilities!
JMO...but I'm very comfortable with my opinion! And I'm just lying back and breathing reallllllllll easy :)
so do I,,,does that mean no pumpers will be allowed
Hey!, Pumpers will always be allowed as long as they are pumping JNSH!
On the other hand, it is pretty difficult to pump a company that is already headed for the moon!!!! Better to just settle back into your favorite chair and hit the "buy" button on as much JNSH as your spouse will allow....Well, maybe a bit more than that...........????
KF
P.S. Some of us have understanding wives...........and we have millions of those delectable JNSH shares..................:)
need a new story for 2018.Without a story for now, I’ll start with a chart. :) This area around 0.008 is testing major support going all the way back to 2016. Battle lines need to be drawn here/now. Also, after a down trend for ~3 months now, the weekly chart is in oversold territory not seen since early 2016. If there were ever a time for company to start sharing some positive news/outlook, it would be now.
I agree! However your following thought is a particularly good and positive news/outlook: "after a down trend for ~3 months now, the weekly chart is in oversold territory not seen since early 2016. If there were ever a time for company to start sharing some positive news/outlook, it would be now.
And I would add, "positive news/outlook" will possibly "knock the ball out of the park so far that today's stock prices will then look like gifts that went unopened"!
C'mon folks! Are you going to regret loading up now?
I'm sitting on millions of shares and I don't regret it at all!
I am going to take a break from this board. The negativity is making me sick. I will be out finding new investors and trying to make a difference.
Daveyo! Hey I really appreciate all that you have done and all that you have tried to accomplish...for US...the investors!
Personally, I am not as concerned as maybe I should be, about the outcome of my investing LOTS of bucks in JNSH. Yes, the folks at the head of JNSH are not treating this company like a COMPANY...a company that could(and I still think it will be) a very profitable company that early & late investors are going to greatly profit from!
On the other hand, maybe they(the company) are doing for this company exactly what it needs...but just aren't telling us...or maybe they find it strategically important for the company and all it's investors, NOT to go public with strategically VERY important information!
However, by releasing NO positive info about this great little company, the company is losing MANY MANY knowledgeable and important investors..investors that this company needs!
Personally, I am here to stay! But most of the present investors in JNSH, have little reason to be invested in JNSH because of lack of current info...THERE IS NO INFO!
Brian, I am not trying to pin your back to the wall...but would you stay invested in a company that refused to release current information about a company that some of the investors have invested in many millions of shares? Some have personally invested in over 25,000,000 shares, singularly...ONE INVESTOR!
From my standpoint, I believe that you have your hands full just running the company...but from the standpoint of most investors, it looks like you don't give a crap about the investor...NO,the SUPPORTERS...of your company. The very people that, collectively, have given JNSH support and positive notoriety!...and have spent several hundreds of thousands of dollars supporting your company!
How long do suppose that support will continue? Or, worse yet, why should there be ANY support for JNSH?
Brian, I am positive about JNSH...I own many millions of shares in JNSH, but I am afraid that the majority of the investors of JNSH may be ready to jump ship..........just because they are not sensing that there is much of any investor concern by management about their large investment in a publicly traded and owned company!
Brian, I applaud you for bringing JNSH public! I applaud you for all that you are doing for your company...you have proven that you are a very skilled executive! But I am concerned about current owners of JNSH, who do not seem to me to believe that their part ownership in JNSH means anything to management of the company
Brian, You have done a masterful job with JNSH...to a point...but now is the time for management to treat this PUBLICLY TRADED COMPANY...like a publicly traded company.
My very best to you, Brian...you have done a masterful job with this company, but now is the time to treat it like a marvelous publicly traded company...as it truly is...because of you!
I still don't understand how longs and large stake holders are making money off this investment.
What makes you think that longs and large stake holders are intent on making quick money off this investment?
Just the opposite with many of us long and large shareholders; we see no reason not to expect a very large payoff. But in the meantime, we're not expecting to be "making money off this investment.
IMO, that will all take place...lots of money off this investment.
You need Brian to tell us how JNSH is doing? Well, here he is! KF
Brian Howe, President and CEO, stated, “I am grateful for the opportunity to serve as your CEO. While none of us are content with the current market valuation of our company, I am confident providing updates on completed projects as well as newly awarded projects that the true potential and value of our company will ultimately be reflected in our share price. I look forward to keeping you informed, thank you for your support and confidence.”
Completed Projects
Harcros Chemicals – Thornton Kenmore Plaza – Chicago Lake Village East – Chicago Colin Powell Elementary – Matteson Glen Ellyn Police Dept – Glen Ellyn Northeastern Illinois University – Chicago IIT Campus – Chicago Khal Chasidim Mikveh – Chicago MC Machinery – Elk Grove Village 55 W Monroe – Chicago 1440 N Dayton – Chicago NBC Towers – Chicago Napleton’s Northwestern Chrysler – Chicago Trumpf Technology Center – Hoffman Estates Fusion Academy – Chicago Novak Construction Office – Chicago The Men’s Warehouse – Addison Evans Foods – Chicago Tailored Brands – Addison EV Charging Network Maintenance – Chicago Area
It's sad to think this POS is silent for a reason. You me and everyone else can't sell this, no trading...I'd say scam, but scams trade. Every million or two sell sends this non liquid turd 20% down.
NOOOooo! IMO, this stock is silent because there is no news regarding JNSH. But I believe if I hang on to the millions of shares that I own, the logical news will come along...and real investors like many of us will look at all those that thought that Brian was their enemy will greatly regret that assumption...I and many others will be singing the happy harvest song!
Sirglenn....Your name is so impressive! But I do hope that you DO know what and why you are investing in a company!
Sounds a bit like being in Las Vegas...
I guess I do things just opposite of you. I know what I am investing in and WHY. Maybe that is why I am quite solvent! Please let me know that I've not misunderstood your meaning.
I'm still holding... but it sure would be nice to know exactly what I'm holding for. I am still not selling for under a penny. I personally won't do it. IMHO.
Under a Penny? Not knowing what you are holding for?
Wow! That is the scariest that I have heard! Sirglenn! I know exactly what I am holding for! Riches! and so are you...I hope. And I am pretty sure that my "bet is on the right horse!"
I understand all of our impatience with no updating from Brian. And I am impatient! And everyone else is impatient. And Brian KNOWS just how impatient we are.
But Folks, in my judgement, he is the leader and decision maker of JNSH, and he simply, in his judgement, as the decision maker of the company, has decided that more bad than good can come to the company that he leads, if he gives out information now.
And, again IMO, Why do DO SO MANY find that so hard to understand? Those of you that are clamoring for more information about what is happening inside JNSH just need to relax, remember that Brian, in my estimation has not been prone to make bad decisions...AND he has decided it is not necessarily a good time to give out info, even info that is positive, because he is also in charge of keeping his company "ahead of the pack"!
Yeah, I want more and timely info, but I also believe that Brian does not make bad decisions...so it is easy for me to just sit back and count my JNSH shares...except I can't count that high! :)
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