I don’t generally post on boards but I have followed this one for over a year now. I am amazed by the response to the recent PR both in terms of trading as well as posts. Certainly, portions of the PR were unpalatable at first glance. The PR itself was quite “disclaimer” biased, no question. Why would JBII release this, for what purpose?
To me, it’s not so puzzling. I feel JBII is “leveling the playing field” by redefining the company and its outlook, both near term and long term. Recurring innuendo and pointblank accusations abound with regards to “insider Info” in this company. We have seen this in posts with some regularity. I look at the recent PR as our new “ground zero” of sorts. JB has outlined future prospects while warning of risks. This should appease the SEC which I believe was the intent. Now we are all at the same page though many of us continue to read things quite differently.
FWIW, this does not seem perplexing to me. I feel JBII is very ready to move forward with significant, near term news. There are way too many irons in the fire to include permits, fuel sales, recycling facility partnerships, and JVs, any of which will move the SP significantly, without question. Realistically most, if not all, of the potentially damaging events and news have played out such as with the CFO resignation and late 10K filing. The SP can only go up from here; it’s a virtual certainty. The company is growing by leaps and bounds. I was troubled by the late 10K filing, but the filing itself and its extraordinary content reassured me considerably. Do not underestimate the importance of both this filing and the recent PR. These are legitimate signs from the company that we are ready to move positively. I was also surprised how little attention was given to the “Insider” stock purchases in January. These low volume purchases are indeed miniscule given respective overall share holdings. So why did JB, JW, and RB buy? I saw this as a genuine, SEC compatible signal from the company that we have turned the corner. I see no other rationale.
The company has taken huge strides which cannot and should not be measured by revenue growth at this point. This should be obvious to anyone interested enough to look. Revenue is coming. I’m certain of it. This is not a typical “penny scam” in any shape or form. I know such scams up close and personal. I was a SLJB share holder. JBII has come way too far along and involves far too many parties to not have an excellent chance for success. There is a good reason for the AGM moving to the summer and it’s not simply because Easter fell this weekend. My view is that JB feels there will have been significant developments in place by summer which will distinguish this start-up company and justify an immense celebration.
Peace
