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Re: Ignotus post# 60173

Friday, 07/23/2010 11:51:48 PM

Friday, July 23, 2010 11:51:48 PM

Post# of 312101
Re:<"i appreciate your analysis but do you believe jbii will obtain a permit, produce, or sell any product?">

In my opinion again....

Permit- Maybe. It's not hard to get. I would guess that the only reason it's not done already is that it would force the company to disclose the next hurdle.

Produce and sell- not any sustained production and sales. Since JBII hasn't given any unambiguous evidence of value or commercial viability, I would bet my bottom dollar there isn't any. If that's true that it can't be sold profitably, a company won't do any sustained production and sales even if doing so would put on a good show for investors--too much money goes out the door.

That said, I have seen penny companies pretend that full production and sales were in full swing--but a quarter or two later of filing they show they were dishonest in the filings and their chances of being sued seem to go up substantially--usually by noteholders or others. I haven't seen common shareholders sue very often.

.

Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product even more revolutionary.

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