Monday, December 26, 2011 3:08:57 PM
John Bordynuik was JBI's CFO at the time of the acquisition of the media credits. He signed the 10Q in which they were first recorded as President, CEO and CFO.
He also signed the letter agreement in which the company issued 1,000,000 shares, which closed on the day of the agreement at a pps of exactly $1.00, for $9,997,134 worth of media credits.
That's some oversight.
It's morally wrong to allow a sucker to keep his money.......Cuthbert J. Twillie
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