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Saturday, November 21, 2020 2:00:20 AM
$JNSH still owns 26,667 shares of $BLNK
$BLNK closed TODAY @ $22.67
26,667x $22.67 = $609,607.62
If $JNSH still owns those shares then tonight $JNSH owns $609,607.62
The bottom line is $JNSH never purchased 1 share of $BLNK. $CCGI almost put $JNSH out of business. Jns power GOT sued and WON. Then it got appealed and JNS won. Then JNS power counter sued AND WON. THEN $JNSH APPLIED TO TAKE OVER THE EV charging network AND WON. Then $BLNK bought out $CCGI and the lawsuit that was still open against CCGI turned into $BLNKs problem. So then BLNK started realizing they needed to settle. Brian never wanted the EV charging network. He just took over the ASSETS so he wouldn't go bankrupt. CCGI owned JNS power over $100k in work Jns did in installing the charging stations and CCGI got busted for fraud and lost the contract so Brian swooped in and took over the project and got gifted the EV charging station network & all the hardware (chargers). But the problem was CCGI never turned over the passwords for the software for the network so some of the chargers didn't get activated by Brian. Very very long story short.
Brian never wanted the network.he took it for collateral
Brian did pay $400k in legal counsel for all that mess
Brian did get the network for free with all the hardware.
Brian did settle with $BLNK who were not involved in the scandal
Brian did give up the Charging network and dropped the charges against $BLNK
In exchange $BLNK would give Brian I think $50k in cash & 141k shares of stock
So the fact that Brian sold almost $1mm in shares & still owns potentially $609k worth of shares still is baller. Look at how beautiful the filings look. They paid off almost everything put $100k cash in the bank and still has money. The market cap here is ridiculous. $JNSH was profitable without the $BLNK stuff. $JNSH saved Chicago's ev network. Jns power is a big player in the metro area when it comes to specialty electrical installs or maintenance. Jns power works with more then just blink to maintain & install ev chargers. They are the king's of ( BAS) building automation systems
They work with all the schools and bigger buildings helping turning them smart. They install power stations for the power company.
All this $BLNK money is gravy. $JNSH is the real deal company.
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