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Re: Scandle34 post# 175886

Sunday, 04/08/2012 6:24:11 PM

Sunday, April 08, 2012 6:24:11 PM

Post# of 312016
This should have been a clue to JB during due diligence. 10K prior to the media credit purchase by JBI. Ignorance is not an excuse.

http://www.sec.gov/Archives/edgar/data/1365160/000116552708000523/0001165527-08-000523-index.htm

Intangible assets - media content 10,000,000

Years 2008
Media content 3 $10,000,000 $ --

Total intangible assets 10,000,000
Less: accumulated amortization

$10,000,000 $ --
=========== ========

The Company has not amortized these assets as they were purchased late in the
year and have not been placed in services as of May 31, 2008.

10Q prior to the media credit purchase by JBI

http://www.sec.gov/Archives/edgar/data/1365160/000116552709000244/0001165527-09-000244-index.htm

OTHER ASSETS

Prepaid Media 10,000,000
Intangible Assets - Software & Intellectual Property 4,100,000

Media4, Inc. Asset purchase 2,640,000 0