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Friday, January 20, 2012 9:05:49 PM
The company appears to be in dire straits, unable thus far to fill it's $5MM PIPE, and looking at Bordynuik being ousted, legal fees and a diminishing share price.
As for the process, the only evidence comes from the source of the claims. Having a government agency clear a stack test, and a dribble of undetermined product being sent to a few companies, does not a fine process make.
JBII needs millions upon millions to move forward. When that stops, all that's left is backwards.
The stock doesnt have much to show but the company and the process seem to be doing just fine...
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