The new CEO has been at it for less than a month - no serious investors expect him (or the company) to spend his time doing anything other than what he's publicly committed to: leveraging JBII's revolutionary technology into a rapidly expanding, worldwide business concern.
They are diluting to expand the business, as they've explained many times - but some people refuse to hear. They (the shares) are sold below market, and by doing so they neatly avoid surrendering control of the company. Again, no surprises here for the serious investor.
The only people getting ripped off are those who buy without a plan, and sell without understanding.
The company's stock will respond if / when they start making money. Until then longs wait patiently, while stale (and, as yet, unrealized) stories of SEC prosecution, massive losses taken out of context and predictions of sub-penny share prices populate message boards......Such is the life of an OTC stock. Regardless of how many clever CEO nicknames are dreamt up, JBII will sink or swim on the merits of its business, and not on the musings of internet posters (both pro and con JBII).
GLTA
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