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dreaminbig

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dreaminbig

Re: jcoukr post# 178908

Monday, 04/23/2012 1:28:22 PM

Monday, April 23, 2012 1:28:22 PM

Post# of 312016
Bagai and Wesson aren't employees. JBI doesn't have an employee stock compensation plant that I'm aware of.

1. Represents shares issued to the reporting person as 50% of total compensation for services as a non-employee director of the Company in 2011. As previously reported by the Company, in August 2011, the board approved a total annual award equal to a number of shares valued at $35,000 issuable in two tranches. The Shares reported represent the second tranche and were calculated using a closing price of $2.38 on December 30, 2011 (i.e. $17,500/$2.38).

http://www.sec.gov/Archives/edgar/data/1381105/000121390012000213/xslF345X03/f4011712bagai_jbi.xml
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