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Re: User336447 post# 179484

Wednesday, 04/25/2012 5:47:45 PM

Wednesday, April 25, 2012 5:47:45 PM

Post# of 312025
Why would anyone with the resources to accumulate a large number of JBII shares do so in the open market? Why not just approach Bordy with a PIPE deal discounted 50 to 70% from FMV? Given the company's current appetite for cash, one might even get a mark-to-market toxic provision.