Friday, May 17, 2013 1:58:50 PM
1. Who hired Rauber? It is my understanding he hired Bogolin. Now that Bogolin is CEO, who is he accountable to? Being half of the current BOD, does that mean he has a 50% vote on JBI functions? (Florinda made some good points regarding the need for a CEO during the period until qualified Board Members can be seated; but, if he is not accountable is it in the shareholders best interest.)
2. Zardiw's post 227127 opened a lot of questions as far as I'm concerned. Now that the SEC is behind us with a small fine for the company and it's founder, what can be done to investigate the Boston Office and seek information on who made the complaints that resulted in the long and drawn out SEC case on JBI and JB. The case caused damage to the stock price and ultimately to shareholders. Who is the SEC accountable to? With the recent court information regarding Esley and her associated it makes me wonder if this was an earlier attempt to discredit the company and it's founer.
While I am a Long and have been since 2009, I am not a trader and have not made money trading this stock. I did not sell at the high and did not buy at the low. I bought early and have averaged down for the last 3 years. Like Ty, I have no intention of selling at this low and losing my investment. I am seeing some of the longs that were very enthuastic about JBII becoming somewhat pestimistic - myself included. While I still believe in JBI and it's potential we need to see some positive action and not just dangling carrots.
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