JNS Holding Corp (JNSH)

[cashforstock]

Looks to me deal is imminent

Mason said JNS Holdings Corp., an electrical contractor in Arlington Heights that has worked extensively on the charging station installations, is expected to take over 350Green's role. A deal is being worked out between 350Green and JNS that would pay contractors about 50 cents on the dollar they are owed, according to contractors who have received a draft agreement from JNS.

Brian Howe, chief executive of JNS, said: "We are going to pay everybody what we need to get whole and move forward."