InvestorsHub Logo
Followers 23
Posts 336
Boards Moderated 0
Alias Born 07/10/2010

Re: jimmenknee post# 86578

Friday, 12/31/2010 2:37:58 AM

Friday, December 31, 2010 2:37:58 AM

Post# of 312016
I really don't think we need to argue semantics on this one, jimmenknee, and the issue is not as complicated as you are making it. We have discussed far more complex issues in the past.

I will save you the trouble and quote myself this time.

Me:

The only mention of private placements that I recall at the AGM was someone's (Baldwin, I think) statement that the possibility of future PPs depends on the company's operations and revenue stream. I do recall him saying that if revenues were sufficient, the company would not do a PP, but I also recall him saying that he could not rule out the possibility of a future PP.



I don't see any need to pull out the "investor slang dictionary," as you put it. All you need to do is succinctly complete the following sentences:

John Bordynuik lied when he said, "__________________."

This assertion was a lie because ________________________.

Alternatively, you may complete the following sentences:

A JBI representative lied during the AGM when he said _________________. (feel free to use my paraphrase above)

This assertion was a lie because _______________________.

Sorry jimmenknee, but I suspect I'm going to get some roundabout, indirect answer from you, instead of a concrete assertion. I hope my suspicions prove incorrect, as you truly are one of my favorite "skeptics" on this board.

I also can't quite grasp this assertion of yours:

Your "in any event" closing travels down a whole different path filled with different slang/terms equally difficult to agree on...



Here is my "in any event" closing:

In any event, we are talking about unregistered securities here, so it's not like the public did not have advance warning before (long before) the shares hit the market, assuming that is your concern (you did not make that clear).



Where is the "slang" in this assertion? I'm sure you know that the "unregistered" characterization of securities is a regulatory term...far from "slang." There should be no disagreement on meaning, as this is a defined legal term. Or is there a different word in this sentence that you think is worthy of debate? Or did I not pinpoint your concern regarding statements made at the AGM? If not, what is your concern?