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Re: Arthur Edward Whoof post# 217334

Thursday, 03/07/2013 9:47:53 PM

Thursday, March 07, 2013 9:47:53 PM

Post# of 312025
Let me ask you this: If, as is generally agreed upon to be true: the SEC were "breathing down JBI's neck" looking for something. anything....if that is the case -- would JBI really be fudging all the numbers as you allude? Really, you think they would...?

The SEC investigated JBI for 1.5 years -- many expected many more charges to follow the overblown accounting error affair... but alas, nothing..... The SEC found nothing else to complain about... only an accounting error.

So what is the truth here: that JBI has pulled the wool over the SEC's eyes while being investigated...OR...that the truth is much less fantastic, perhaps even banal in comparison -- that JBI is a small startup company using venture capital to tirelessly mature its product while simultaneously having to publically work through growing pains that most other companies do privately....?

I tend to believe the less fantastic of the two versions. John and JBI are not svengali's -- if they were really that good then there wouldnt have been the whole accounting error thingy to begin with.

It's time to stop believing this fanstastical fairy-tale and come to grips with reality: JBI is a startup company trying to succeed.

Boring I know....