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dreaminbig

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dreaminbig

Re: NewMoney post# 122763

Saturday, 07/23/2011 12:09:04 PM

Saturday, July 23, 2011 12:09:04 PM

Post# of 312030
While the acquisition of the media credits was connected to the acquisition of Javaco, it was the subject of a separate agreement which specified the purchase price of 1,000,000 shares of the Company’s common stock. Accordingly, once management determined the value of the media credits was overestimated, the value of the shares given in exchange was charged to operations.

Page 38
http://www.sec.gov/Archives/edgar/data/1381105/000121390010005258/f10k2009a2_jbi.htm#unresolvedstaffcomments
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