Confidence:
Pope has confidence in JGBO, they are still holding their maximum allowed number of shares. They got a lot of those shares for $8 I guess, and are not selling at this level. Looks like they are expecting more, just like we all are!
From page 69 of 10-K filing (PDF):
Pope Investments LLC(5)(6)
5100 Poplar Avenue, Suite 805
Memphis, Tennessee 38137
Number of shares 1,113,090
Percentage of oustanding 9.99 %