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Re: jjsmith post# 72640

Tuesday, 10/12/2010 1:28:18 PM

Tuesday, October 12, 2010 1:28:18 PM

Post# of 312101
PAK-IT, LLC UNIT HOLDERS

Stephan R. Seneca 24.25%
Geoffrey C. WEBER 24.25%
Richard M. Haber 2.5%
Andrew J. Lynn 15%
Mark Lagos 15%

Mainstreet Equity Fund, LLC
By: /s/ Robert G. Shoemaker
Robert G. Shoemaker, Manager 9%

Private Equity Fund of West Florida, LLC
By: /s/ Arthur Worth
Arthur Worth, Manager 10%

EXHIBIT A

Unitholder Percentage of membership units Number of
Company Shares
Private Equity Fund of West Florida, LLC 10% 62,500
Geoffrey C. Weber 24.25% 151,563
Andrew J. Lynn 15% 93,750
Mark Lagos 15% 93,750
Richard M. Haber 2.5% 15,625
Mainstreet Equity Fund, LLC 9% 56,250
Stephen R. Seneca 24.25% 151,563



http://www.sec.gov/Archives/edgar/data/1381105/000121390009002695/f8k093009ex10i_310hold.htm

Item 1.01 Entry into a Material Definitive Agreement

On January 14, 2010, JBI, Inc., (the “Company”) consummated a confidential private placement (the “Private Offering”) with certain accredited investors for the issuance and sale of 8,260,842 shares of the Company’s common stock, $0.001 par value per share (the “Common Stock”) at per share price of $0.80 for aggregate offering proceeds of $6,608,673. The Private Offering was conducted in connection with the acquisition of Pak-It, LLC, a Florida limited liability company (“Pak-It”) by the Company.

The Private Offering was conducted on a best efforts basis with a minimum investment of $10,000 by the Company’s officers and directors. The gross proceeds received by the Company was $6,608,673.

In connection with the acquisition of Pak-It, the Company also converted a total of $2,736,000 of debt owed to the Pak-It members and lien holders at a per share price of $0.80. The Company issued 3,420,000 shares of common stock in conjunction with this debt conversion.

In addition, the Company paid off debt and founder loans of its subsidiary Javaco, Inc., in an amount totaling $397,644.44 from the proceeds of the Private Offering.

http://www.sec.gov/Archives/edgar/data/1381105/000121390010000259/f8k011410_jbi.htm

REVMA INVESTMENT GROUP, L.L.C.

Filing Information
Document Number L10000080961
FEI/EIN Number NONE
Date Filed 08/03/2010
State FL
Status ACTIVE
Effective Date 08/02/2010

Principal Address
221 TURNER STREET
CLEARWATER FL 33756 US
Mailing Address
221 TURNER STREET
CLEARWATER FL 33756 US

Registered Agent Name & Address
WEBER, GEOFFREY
221 TURNER STREET
CLEARWATER FL 33756 US

Manager/Member Detail
Name & Address
Title MGRM
KAPLANIS, MICHAEL P
221 TURNER STREET
CLEARWATER FL 33756 US
Annual Reports
No Annual Reports Filed
Document Images
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y