| Followers | 431 |
| Posts | 57599 |
| Boards Moderated | 5 |
| Alias Born | 01/09/2007 |
Tuesday, April 03, 2012 7:40:48 AM
it had discovered "material weakness" in internal controls
yep since that info was revealed late last week >> that news has
been all over cnbc
as i've previously posted >> this is an issue that is always being
worked on by companies >> i know of one *record* setting co. that
ipo'd in 2000 ~ that was still working on this >> *issue* >>
close to a decade later and they may still be (i haven't checked
their status for a few years now)
these are part of the reasons >> (tied back to sox) that folks like the ceo
of home depot are referring to >> when they mention with regularity
that they could not come public in today's *regulatory* environment
this is why as painful as it may seem to JBI investors >> it's actually better
that this issue with the sec (re: JBI's media credits priced and conveyed
by DOMARK) are dealt with >> NOW >> because *material weakness
& internal controls* are always a work in progress >> but the learning
curve here is invaluable for senior mgmt going forward and makes JBI
a much stronger co. due to lessons learned and *ongoing* interaction happening *now*
one question it would be nice to have answered by IR >> is whether
a dual listing (Canada) is doable at this stage for JBI >> or if senior mgmt
prefers to hold off on that until a decision is made re: sec's complaint
one of my other suggestions to IR >> will be taking the top questions
shareholders have each month and rotating say the top 5 on their FAQ page
again not everything will be able to be answered >> but what can be should be
===
4kids
all jmo
10/5/07 -- there are no coincidences here ...
oh and like many other longs .. not selling at this level --
