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Re: None

Thursday, 01/14/2010 2:40:25 AM

Thursday, January 14, 2010 2:40:25 AM

Post# of 312015
JB's response to the possibility of JBII being bought out or sold following the uplist surge:

"Please remember, this is our entry strategy, not exit strategy. Most companies go public so the Funds/JVs can sell their stake (exit) or the company needs capital. My strategy is different. I realize multiples of wealth can be achieved, acquisitions are easier, and rapid growth inside a public entity is highly rewarded by the markets. Very few successful entrepreneurs understand this and usually avoid going public because of the "Idiot Founder" problem or Funds/JVs taking over the company."
December 26, 2009 at 5:53am