So let us review what you're left with after a laundry list of skeptical "evidence" that has been successfully refuted and squashed as false and/or immaterial and never brought up again...
1. Share return for preferred shares. <~~~ The preferred shares aren't convertible into common stock nor do they pay dividends. They therefore have zero monetary value. I remember as an example when UPS went public the insiders' shares had 10 for 1 voting in order to maintain control. Nobody screamed bloody murder. In fact, nobody who actually knew what he was doing and/or talking about cared one iota.
2. National accounting firm. <~~~~who says it's not coming? If I tell you at 11pm that the sun is going to rise, do you say at 2am that the promise of the sun has been "swept under the table and forgotten" ?
3. Media credits. <~~~ We've already discussed. Print it all out and ask any high school or college accounting professor to explain it to you because there's nothing wrong with the media credit recognition on the balance sheet and the way the credits will be expensed throughout 2010. Ask them if you are still confused rather than calling something that you are having trouble understanding a "red flag" when the misunderstanding is your own.
4. Attention to honesty with a super secret trade secret is involved. I fail to see the problem with this. Biotechs invent drugs usually in the form of pills and/or injectible liquids every week who don't disclose their formula. Even after the patent expires, and it's legal to reproduce a generic version, the generic drug companies' chemist must snag a small of the drug and reverse engineer the "super secret" formula. Ditto with JBII.
What we're left with now has got to be the most pathetic list of evidence I've ever seen in an alledged "crime story" -- though I agree healthy skepticism is great for all stocks and it's great to diversify accordingly, I've seen more worthwhile and conclusive evidence of alien invasions taking over the planet than anything about this even remotely suggesting a crime story.
