Thursday, February 18, 2010 11:47:38 AM
I don't really think that JBI needs to share with the world what it plans to use the media credits for. Certainly not a breakdown and timeline anyway.
I cannot cite an example of another publicly-traded company that gives access to such information.
I don't think so much "it's a secret" as they just either don't have it all earmarked yet and/or don't really feel they need to share this information with the world.
We don't need to know where the $3.5m in cash will be spent either, and I'm quite happy to let the people running the company and various business units spend it where and when they see fit, and then I'll just see it show-up in a 10Q later on down the road.
If you're looking for red flags, the value-of and plans-for the media credits seems to be a bit of a non-starter.
S.
FEATURED CBD Life Sciences, Inc. (CBDL) Reaches Unprecedented Heights With Explosive Growth and Strategic Expansion in 2024 • Oct 8, 2024 8:00 AM
BNCM COMPLETES MERGER WITH DELEX HEALTHCARE • BNCM • Oct 8, 2024 9:54 AM
Unitronix Corp. to Invest $3 Million in USA Unity Coin Project • UTRX • Oct 7, 2024 7:08 AM
North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM