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Re: adman57 post# 27569

Thursday, 02/18/2010 11:47:38 AM

Thursday, February 18, 2010 11:47:38 AM

Post# of 312025
Adman, I think there is already SO much transparency on this company that for the tiny little bits that remain fuzzy we are complaining that not enough is known about what's going on.

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.