InvestorsHub Logo
Followers 318
Posts 16326
Boards Moderated 2
Alias Born 09/05/2009

Re: wEaReLeGiOn post# 177139

Saturday, 04/14/2012 12:03:01 PM

Saturday, April 14, 2012 12:03:01 PM

Post# of 312016
LMAO, The company is protected under that little legal blurb,

"Assumptions & estimates"

you know it, I know it, John knows it & the sec knows it as well.

The case is toast...period


DOMARK listed the media credits as an "intangible asset" therefore subject to "estimation". JBI bought the media credits for approximately $1MM (share swap) proclaimed them a tangible asset and increased their value by a factor of 10 on the balance sheet.

Voila! JBI had $10,000,000 in assets with the stroke of a pen.

"Actual results could differ from those estimates"

This doesn't read: "Actual results will differ grossly from those estimates"

I completely agree, the SEC knows they have nothing, if they bothered to read the filing, they may have noticed this part:


Adding here...MBOT