InvestorsHub Logo
Followers 124
Posts 20017
Boards Moderated 0
Alias Born 12/15/2000

Re: loanranger post# 169235

Monday, 03/05/2012 10:29:04 AM

Monday, March 05, 2012 10:29:04 AM

Post# of 312015
loanranger

I think this was a reasonable outcome. At the time JBII did its private placement the value of the 10 million dollars in media credits represented less than 5 % of the market cap of JBII as far as I remember. That is so small a percentage that it makes little sense to think that the media credits had any significant effect on the stock price. Anyway a disgorgement of ill-gotten gains would amount to a very small percentage of the money raised by JBII.