***FEATURED PICK: JNSH ****
THE SPORT REPORT is issuing a FEATURED PICK alert on JNS Holdings Corporation, (JNSH), which currently is trading at .015. Before I begin to tell you just how unbelievable this company is, let me catch you up on the background story, share structure and so forth.
JNSH current share structure is as follows:
Authorized Shares - 200,000,000
Common Shares Outstanding - 149,075,151
Float 63,504,182
Preferred - 5,000,000
JNSH has NO current debt, nor convertibles on the books.
JNSH IS PROFITABLE ALREADY.
JNSH BUSINESS DESCRIPTION:
JNS Holdings Corporation, through its subsidiaries, operates as an electrical contractor in the United States. The company is based in Arlington Heights, Illinois. JNS Holdings Corporation operates through its subsidiaries JNS Power & Control Systems, Inc. and S&H Leasing, Inc. specializing in temperature control installations & all types of specialty electrical work throughout the greater Chicago area. The Chicago network currently has 142 level two & 26 level three DC fast charging stations installed.
It provides design and installation services, including temperature control installations, fire alarm and life safety installations, power distribution, design build, commercial constructions, computer and communication cabling, and lighting control installations. The company installs electric car charging stations in Chicago. It also leases vehicles, trailers, scissor lifts, and construction tools and equipment. The company is based in Arlington Heights, Illinois.
JNS Power has 3200 square feet of office/warehouse space at 3339 North Ridge Avenue Arlington Heights, Illinois 60004.
JNSH BACK STORY:
* JNSH did a ton of charger installs for 350Green who had a grant by the state of Illinois to install EV chargers throughout Chicagoland
* 350Green ran out of money and stiffed the installation vendors.
* CCGI signed an agreement with 350Green to buy the company and their entire national network. They planned to pay the stiffed vendors pennies on the dollar
* CCGI screwed around and missed the deadline to close the deal with CCGI.
* JNSH stepped in and purchased the Chicagoland network from 350Green and receive the Illinois contract to finish the network installation.
* CCGI's bitter CEO (a.k.a. Farkass) tried to prevent the turnover claiming that JNSH illegally made this contract and tried to block the acquisition.
* The court found the purchase by JNSH was legal and it should proceed.
* Farkass bitter and defeated then filed another lawsuit trying to delay the inevitable turnover
* The court again ruled that the network belonged to JNSH, and ordered Farkass to turn it over.
* Farkass then filed a Hail Mary appeal... closing arguments are now underway. He will again lose.
* Since all of the delays have caused JNSH substantial loss of revenue, allowed the government grant to expire, and incurred a ton of legal fees... substantial damages will be awarded!
What can be expected in JNSH's near future:
1) A final court ruling against Farkass/CCGI.
2) Turnover of the network control to JNSH. This may happen before the lawsuit settles.
3) A major surge in JNSH's balance sheet as the millions in assets finally transfer.
4) The emergence of a major partnership between JNSH and ? as Evolve USA begins operation.
5) A court finding and award of substantial damages against CCGI.
The whole court case is verifiable and can be tracked on PACER. If you are not a PACER member. doing a board search on PACER will bring up all the filings for review.
***ON MONDAY NOVEMBER 24, 2014 THE APPELLATE COURT IS EXPECTED TO UPHOLD THE DISMISSAL OF THE CCGI FRIVOLOUS, MERITLESS AND MALICIOUS LAWSUIT, THUS ENDING ONCE AND FOR ALL THE LEGAL EXPENSES AND TIME EXPENDED BY JNSH MANAGEMENT. THIS UPHOLDING OF THE LOWER COURT'S RULING ALLOWS JNSH TO THEN COUNTER SUR CCGI FOR LEGAL FEE RE-IMBURSEMENTS, BUSINESS IMPAIRMENT AND OTHER DAMAGES, WHICH COULD EXCEED $5,000,000.00.***
WHO ARE SOME OF JNSH'S CURRENT CLIENTS:
WALGREENS
TRUMP TOWER
CHICAGO O'HARE'S AIRPORT
NISSAN CORPORATION (possible buy out?????)
MIDWAY AIRPORT
SIMON MALLS
PEPSI
NESTLE
COSTCO
**JNSH has over 250 clients, I just tried to name the really big ones**
But here is the best part of it all:
On November 19, 2014 JNSH signed a business agreement with a DOW company, (NRG, currently trading at $34.00 a share), whereupon JNSH will outfitting NRG clients with new EV charging stations throughout the Chicago metropolitan area. A DEAL ENDORSED BY NONE OTHER THAN RAHM EMANUEL THE MAYOR OF CHICAGO, AND THE FORMER ADVISOR TO PRESIDENT OBAMA.
Here is JNSH's press release from November 19, 2014:
Charging Infrastructure Overhaul and Expansion will make Driving Electric Easy in Chicago
NRG eVgo, a subsidiary of NRG Energy, Inc., is expanding its electric vehicle (EV) charging offerings to the Chicago market. In partnership with Chicago-based JNS Holdings Corp. (OTC: JNSH), eVgo will operate a comprehensive and reliable network of direct current (DC) fast chargers to provide range confidence for Chicagoland EV drivers.
JNS partnered with eVgo, a recognized leader in DC fast charging services, to restore the existing DC fast chargers in Chicago. eVgo will manage the operation of the existing DC fast chargers including networking, back office support and customer service.
"A robust charging station network is critical to broad deployment of electric vehicles. The City of Chicago is pleased that NRG has chosen to expand its eVgo charging network here," said Chicago Mayor Rahm Emanuel.
According to Brian Howe, Chief Executive Officer of JNS Holdings (OTC: JNSH), “Through the joint efforts of JNS and eVgo, we have already brought most of the DC fast chargers back online with JNS local expertise and eVgo DC fast charging experience, we are on track to restore these chargers into a great experience for EV drivers.”
In the coming months, eVgo will also add additional DC fast charging sites to the Chicagoland area to further improve the charging coverage and make it a truly comprehensive network.
“DC fast chargers are the fastest EV chargers on the market today and can charge an EV in less than 30 minutes,” said Arun Banskota, President of NRG eVgo. “With the comprehensive DC fast charger network in Chicago today and the new stations we will bring online, eVgo can give EV drivers the confidence to drive wherever in Chicago they need to go and make buying an EV a very real option for all Chicagoans.”
This fast charging network supports eVgo’s partnership with Nissan to expand the “No Charge to Charge” program to the Chicago market. Already in 12 markets, “No Charge to Charge” is a first-of-its-kind partnership that provides Nissan LEAF buyers with complimentary 24-month access to the eVgo network, as well as other EV charging networks, using a single EZ-Charge access card*.
“At NRG eVgo, we are committed to the future of driving electric,” continued Mr. Banskota. “Together with partners like Nissan, we can deliver innovative solutions like ‘No Charge to Charge’ that empower more Chicagoland drivers to go electric.”
With over 160 fast charge stations currently installed, eVgo is building a comprehensive network of fast-charging sites in the U.S. as well as the infrastructure to support charging at residences and workplaces. By expanding to the Chicago market, eVgo furthers its commitment to support all EV drivers wherever and however they choose to charge.
For more information about eVgo charging plans available to Chicagoland EV drivers, visit nrgeVgo.com.
*Consumers can find chargers eligible for “No Charge to Charge” at www.ez-charge.com/stations, PlugShare.com or via the PlugShare app for iOS or Android.
HERE IS NRG'S PRESS RELEASE DATED NOVEMBER 18, 2014: (notice how JNSH is specifically mentioned).
NRG eVgo, a subsidiary of NRG Energy, Inc., is expanding its electric vehicle (EV) charging offerings to the Chicago market. In partnership with Chicago-based JNS Holdings Corp., eVgo will operate a comprehensive and reliable network of direct current (DC) fast chargers to provide range confidence for Chicagoland EV drivers.
JNS partnered with eVgo, a recognized leader in DC fast charging services, to restore the existing DC fast chargers in Chicago. eVgo will manage the operation of the existing DC fast chargers including networking, back office support and customer service.
"A robust charging station network is critical to broad deployment of electric vehicles. The City of Chicago is pleased that NRG has chosen to expand its eVgo charging network here," said Chicago Mayor Rahm Emanuel.
According to Brian Howe, Chief Executive Officer of JNS Holdings, “Through the joint efforts of JNS and eVgo, we have already brought most of the DC fast chargers back online with JNS local expertise and eVgo DC fast charging experience, we are on track to restore these chargers into a great experience for EV drivers.”
In the coming months, eVgo will also add additional DC fast charging sites to the Chicagoland area to further improve the charging coverage and make it a truly comprehensive network.
“DC fast chargers are the fastest EV chargers on the market today and can charge an EV in less than 30 minutes,” said Arun Banskota, President of NRG eVgo. “With the comprehensive DC fast charger network in Chicago today and the new stations we will bring online, eVgo can give EV drivers the confidence to drive wherever in Chicago they need to go and make buying an EV a very real option for all Chicagoans.”
This fast charging network supports eVgo’s partnership with Nissan to expand the “No Charge to Charge” program to the Chicago market. Already in 12 markets, “No Charge to Charge” is a first-of-its-kind partnership that provides Nissan LEAF buyers with complimentary 24-month access to the eVgo network, as well as other EV charging networks, using a single EZ-Charge access card*.
“At NRG eVgo, we are committed to the future of driving electric,” continued Mr. Banskota. “Together with partners like Nissan, we can deliver innovative solutions like ‘No Charge to Charge’ that empower more Chicagoland drivers to go electric.”
With over 160 fast charge stations currently installed, eVgo is building a comprehensive network of fast-charging sites in the U.S. as well as the infrastructure to support charging at residences and workplaces. By expanding to the Chicago market, eVgo furthers its commitment to support all EV drivers wherever and however they choose to charge.
WHAT THIS ALL MEANS GOING FORWARD:
As part of the clean/green environment that both political parties currently endorse, there is federal grant money to assist companies in furthering, expanding and developing a broad network of EV car charging stations to be positioned strategically across the United States. The system that JNSH developed, and is patented, allows an EV to become fully re-charged within 30 minutes or less. The federal grant money dedicated to this national roll out is expected to exceed $25,000,000.00 NEXT YEAR!!!
So JNSH already with an impressive list of clients, just signs a deal with a DOW company trading at $34.00 a share, in a business that is legislatively and monetarily supported by our government, with national roll out expected immediately. Additionally, JNSH with the dismissal of this frivolous lawsuit on Monday, can counter sue, and be done with CCGI once and for all. NRG recognized this, that is why they signed with JNSH not CCGI. CCGI currently trades at .41 a share, and no deal with NRG.
***IT SIMPLY DOES NOT GET ANY BETTER THAN THIS MY FRIENDS. JNSH WITH A 62 MILLION FLOAT, NO DEBT, NO CONVERTIBLES AND A WHOSE WHO OF CLIENTS, WITH FEDERAL GRANTS ANTICIPATED TO BE AWARDED, I PERSONALLY PUT A CURRENT VALUE OF JNSH AT .50+, WITH WHAT I BELIEVE WILL BE A MOVE TO A HIGHER EXCHANGE WITHIN 12 MONTHS, AND A PPS ABOVE $10.00 A SHARE***
Happy trading,
SPORTYNORTY
