perhaps some of the points you listed on 5/23 had something to do with the tankage on 5/24?
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Posted by: zardiw Date: Sunday, May 23, 2010 10:36:31 PM
In reply to: None Post # of 52104
JBII: Current Situation:
Ok, here we are and it looks like we're going through a rough spot.
Some things have happened that are out of our control and that seem to have affected the stock price.
1. The market is in a general downturn.
2. It's taken longer than expected to get that air permit.
3. They've been forced to change accountants, and that has delayed our 10Q.
4. The new accountants have asked to review the accounting on the 2 acquisitions, and the media credits.
We don't know what the review of the previous 10Q and 10K will result in.
Advertising prices have dropped since those media credits were obtained, so those will probably be valued less than they were, but even if they are, I really don't see anything significant about that. As for the review of the accounting on the 2 acquisitions, I also don't expect any significant changes, or how that will have any significant effects imo.
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