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Re: cp44 post# 214792

Wednesday, 02/13/2013 7:30:28 PM

Wednesday, February 13, 2013 7:30:28 PM

Post# of 312020
Matters not what they were carried on the books of the seller. It's their FMV on the date they were purchased by JBI. If FMV is not readily determinable, they should have been valued at the FMV of what was paid for them. 1 million shares at $1 per share is what they paid.

It's called Generally Accepted Accounting Principles


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