Tuesday, February 24, 2015 3:06:35 PM
Regarding only 61 shareholders:
The vast majority of IJJP shares are held in "street name" which is shown as the DTC nominee name of "Cede & Co." There are likely hundreds of actual beneficial owners (i.e. shareholders). Only a NOBO list (non-objecting beneficial owners) would give the approximate number of actual shareholders.
Because Clifford Pope erroneously/falsely lists Cede & Co. as an individual owner in the documents filed with OTC Markets, some people have come to false conclusion that Cede & Co. is an IJJ Corp. insider and that the stock is closely held.
The documents submitted to the court for the fairness hearing regarding the issuance of billions of free-trading shares in IJJP, TWDL, GEAR, ENTI, HALB and CWIR specified that the TAs were to transfer all of the newly-issued shares to street name.
The Cede & Co. street name situation for is further explained in this post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109919908
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