Tuesday, May 25, 2010 12:50:39 AM
Looks like JB has shut down shop on the FB 411 for the time being....guess you gotta' circle the wagons when under fire....
Anyone have any clue about the following? it's to do with the "simple permit" we're all anticipating:
1. Has JBII had any contact with the permitting authorities since the application was filed? Is it possible that the data submitted by the company won't be enough to deny/approve the permit?
I hope this isn't the case.....on the other hand, if it were the case, I doubt there would be much concern about the .80 PIPE shares flooding the market.
I'll continue to hold, still above water on my 1.01 average. JB doesn't strike me as a crook. Naive to be sure, but he's not the first person with virtually no experience who thought he'd re-invent the wheel. JB had cred, now he has none, but he seems too smart a dog to get sprayed more than once by the same skunk.
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