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I can only imagine...
Learned any new words in your PM folder lately?
lol
...Shell said a joke photo making the rounds of her online community...
So, the plam has come together! I KNEW it! iHub is yours!
So, which is it?
A. You real name is Clem
B. Clem hides behind your alias or
C. C.L.E.M. is a secret acronym for
Clever
Lady
Extant
Mogul
The story ran over and over on various weekend newscasts
Angela Kocherga didn't mention you on television.
http://www.wfaa.com/news/local/dallas/Missing-Dallas-executives-may-have-faked-their-deaths-in-Mexico-191498301.html
Did The Dallas Morning News quote The Fake Janice Shell?
There would be something metaphysical about that...
D'oh! Maybe we need a Dyson Fence for that.
http://en.wikipedia.org/wiki/Decision_3012
In the Futurama episode Decision 3012, President Nixon builds a "Dyson fence" on the southern border of the solar system to keep out illegal immigrants.
We need an Clarke space elevator to bring back the good stuff.
http://en.wikipedia.org/wiki/The_Fountains_of_Paradise
http://en.wikipedia.org/wiki/Space_elevator
GOES satellites are all out there. But there are 5 or 6 of those I think. Low odds, for sure.
Did you see the asteroid mining story on Yahoo?? Next penny stock scam!!
In the world of penny stocks, where stretch limo dreams intersect with bus fare means, there are often far more questions than answers. That’s definitely true in this case.
Could it bump a satellite?
Rauber, the new CEO is afraid to lie in press releases.
Bordynuik had no such problem. He did that REPEATEDLY.
Maybe Rauber wants to get out of dodge before the sheriff comes to town -- again -- and get some other job that's better than being the figurehead of a Candadian stock selling fraud.
Bordynuik has no such hopes. He's already made his bed.
JBI is another pinksheet trash-to-treasure stock selling scam.
It's a stock operation, not a real business.
Why aren't these "freeloaders" filing their holdings with the SEC?
Aren't Forms 3 and 4 REQUIRED???
JBI shareholders should call Chris Irons and demand to know who keeps getting all these free shares!
And for what!?
If posting on the internet is all that's required, well, then, everybody get on that gravy train!
It's outlined in JBI SEC filings. They lie in those too, however, so who really knows, right?
WHO ARE THESE "advisors" and "various parties" getting JBI stock?????????????
Why haven't their names been disclosed, and the services rendered been defined?
During the first quarter of 2012, the Company authorized the issuance of 715,198 shares of common stock to various parties for services rendered during the quarter. These shares were valued as of the date of approval or the date of the consulting agreement which they were issued pursuant to, and had values ranging from $0.60 to $1.48 per share. During the second quarter of 2012, the aforementioned 715,198 shares of common stock were issued.
During the second quarter of 2012, the Company authorized the issuance of 657,188 shares of common stock as an advisory fee related to the Company’s financing efforts. During the third quarter of 2012, the aforementioned shares of common stock were issued at par value.
During the second quarter of 2012, the Company authorized the issuance of 439,333 shares of common stock to various parties for services rendered during the quarter. These shares were valued as of the date of approval or the date of the consulting agreement which they were issued pursuant to, and had values ranging from $0.60 to $1.28 per share. During the third quarter of 2012, a total of 364,333 of these shares were issued.
During the third quarter of 2012, the Company reached an agreement with one of the advisors involved in the May 15, 2012 private placement. In exchange for the return of the advisor’s 601,250 shares issued in connection with the May private placement, the Company converted the $162,000 short term loan provided to this advisor into a payment for general services and stock advisory services performed by the advisor on behalf of the Company. The short term loan, which had been previously classified as other current assets, was recorded as consulting expense, classified as a Selling, General and Administrative Expense for the three and nine months ended September 30, 2012.
During the third quarter of 2012, the Company issued 287,000 shares of common stock and 287,000 warrants, previously subscribed, to an advisor as payment for services performed in the private placement during December 2011 and January 2012. In addition, this advisor was entitled to and was issued an additional 71,750 shares of common stock in connection with the Make Whole Provision enacted related to the aforementioned private placement.
During the third quarter of 2012, the Company issued 169,226 shares of common stock to various parties for services rendered during the quarter. These shares were valued as of the date of approval or the consulting agreement which they were issued pursuant to, and had values ranging from $1.04 to $1.42 per share.
During the third quarter of 2012, the Company authorized the issuance of 41,399 shares of common stock to various parties for services rendered during the quarter. These shares were valued as of the date of approval or the date of the consulting agreement which they were issued pursuant to, and had a value of $0.83 per share. These shares were issued subsequent to September 30, 2012.
JBI habitually lies in press releases, so that's good for shareholders to stop putting out fluffy press junk.
JBI pays stock touts with free shares.
JBI is a pump and dump. Today is no different than any other day in this stock selling operation.
but taking free shares to promote a stock is a victimless crime
(it's seen on iHub every day)
How do you explain fatty lust web sites?
(not that I've ever seen one... I swear!)
There are other things wrong with their filings.
It's up to the SEC to request comment, clarification, and corrections as necessary, when they come out.
JBI manglement has had difficulty reporting material expense items for some time now. Their accounting has been sub-par, probably to hide the true costs and managerial weaknesses of the operation.
JBI doesn't meet listing criteria, anywhere in the USA.
Maybe some morons in some other country would like to list this crappy smelling company.
JBI needs fluffy forward-looking events to dump shares on the olfactory impaired.
The Future is all they've got.
Because in the present, JBI really stinks.
When a judge rules on the settlement agreement, there will be a judicial finding. Isn't this the next big thing shareholders were supposed to be all excited about 2 weeks ago?
That being said, I hope the judge tosses the settlement agreement right back to the SEC and says "no deal" -- but that's just one person's wish.
It would be highly unusual and improbable for the judge to refuse to adjudicate the signed agreement. He would need cause.
Really? Call and ask them about that.
Who is the transfer agent for JBI's preferred shares?
The TA that handles the common shares says they aren't keeping up with those.
That would mean that preferred shareholders could dump their stock, adding to the float, and the TA that handles the common stock would have NO way to verify that. Isn't that right?
So, there's the proof that "nobody's dumping" LOL
650,000 shares off restriction and dumped during this same time JBI has all this "wonderful" settlement news.
Something smells, all right.
01/17/2013:
A/S 150,000,000
Series A Preferred 1,000,000
Series B Preferred 2,300,000
Common O/S 89,855,816
Restricted 31,998,929
Float 57,856,887
02/13/2013:
OS: 89,855,816
Restricted 31,350,191 +648,738
Float 58,505,625 +648,738
Nothing to worry about here.
CEO Pleads Guilty to Securities Kickback Scheme
FEBRUARY 12, 2013
BOSTON - The CEO of a publicly-traded company was convicted today on charges that he paid kickbacks in return for purchases of his company’s stock.
Muhammad (M.J.) Shaheed, 45, pleaded guilty before U.S. District Judge Douglas P. Woodlock to three counts of wire fraud and three counts of mail fraud. Sentencing is scheduled for June 3, 2013.
Shaheed, who was the CEO of a publicly-traded company, Augrid Global Holdings Corporation, paid secret kickbacks to an investment fund representative. In exchange, the fund representative used fund monies to purchase stock in Shaheed’s company. The kickbacks were concealed through sham consulting agreements and other fraudulent documentation. In actuality, however, and unbeknownst to Shaheed, the purported investment fund representative was an undercover FBI agent.
The plea followed a year-long investigation focusing on preventing fraud in the microcap stock markets. Microcap companies are small, publicly-traded companies whose stock often trades at pennies a share. Fraud in the microcap markets is of increasing concern to regulators as such markets have proven to be fertile grounds for fraud and abuse. This is, in part, because accurate information about microcap stocks may be difficult for the average investor to find, since many microcap companies do not file financial reports with the SEC.
Shaheed is one of 15 defendants criminally charged for participating in this kickback scheme. Six of those charged have now pleaded guilty.
The statutory maximum sentence for each count is 20 years in prison, followed by three years of supervised release and a $250,000 fine.
The Securities and Exchange Commission, which conducted a parallel civil investigation alongside the FBI undercover operation, cooperated with criminal authorities in the investigation.
United States Attorney Carmen M. Ortiz and Richard DesLauriers, Special Agent in Charge of the Federal Bureau of Investigation Boston Field Division, made the announcement today. The case is being prosecuted by Assistant U.S. Attorneys Sarah E. Walters and Vassili Thomadakis of Ortiz’s Economic Crimes Unit.
This case was brought in coordination with President Barack Obama’s Financial Fraud Enforcement Task Force. President Obama established the interagency Financial Fraud Enforcement Task Force to wage an aggressive, coordinated and proactive effort to investigate and prosecute financial crimes. The task force includes representatives from a broad range of federal agencies, regulatory authorities, inspectors general and state and local law enforcement who, working together, bring to bear a powerful array of criminal and civil enforcement resources. The task force is working to improve efforts across the federal executive branch, and with state and local partners, to investigate and prosecute significant financial crimes, ensure just and effective punishment for those who perpetrate financial crimes, combat discrimination in the lending and financial markets, and recover proceeds for victims of financial crimes. For more information about the task force visit: www.stopfraud.gov.
http://www.justice.gov/usao/ma/news/2013/February/ShaheedMuhammadplea.html
That's easy to answer. The SEC doesn't "approve" filings.
JBI is chin deep a pile of fraudulent activity. Repeating someone else's fluffy balance sheet numbers doesn't absolve JBI or their officers of ANYTHING.
Education is your best defense against stock fraud:
Caution: By law, the reports that companies file with the SEC must be truthful and complete, presenting the facts investors find important in making decisions to buy, hold, or sell a security. But the SEC cannot guarantee the accuracy of the reports companies file. Some dishonest companies break the law and file false reports. Every year, the SEC brings enforcement actions against companies who've "cooked their books" or failed to provide important information to investors. Read SEC filings — and all other information — with a questioning and critical mind.
http://www.sec.gov/investor/pubs/microcapstock.htm
I'm suggesting that the SEC could suspend this stock from trading -- for ten days -- any time now.
http://www.sec.gov/investor/alerts/tradingsuspensions.pdf
Congratulations, Investorshub, on implementing changes that prevent users from holding down the "N" and "P" keys while reading posts to manipulate their pet stocks up to the top of the "Most Read Board" list.
Nice job.
unless the stock is suspended first.
very risky to hold this stock overnight.
I wrote the judge and urged him to not accept the settlement agreement.