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Tuesday, March 25, 2014 8:27:54 AM
Has the agreement been terminated? That would be a material event, no?
Absent an 8K to that effect, we must assume the agreement is still in force, no?
Item 1.02 Termination of a Material Definitive Agreement.
(a) If a material definitive agreement which was not made in the ordinary course of business of the registrant and to which
the registrant is a party is terminated otherwise than by expiration of the agreement on its stated termination date, or as a result of
all parties completing their obligations under such agreement, and such termination of the agreement is material to the registrant,
disclose the following information:
4(1) the date of the termination of the material definitive agreement, the identity of the parties to the agreement and a brief
description of any material relationship between the registrant or its affiliates and any of the parties other than in respect of the material
definitive agreement;
(2) a brief description of the terms and conditions of the agreement that are material to the registrant;
(3) a brief description of the material circumstances surrounding the termination; and
(4) any material early termination penalties incurred by the registrant.
(b) For purposes of this Item 1.02, the term material definitive agreement shall have the same meaning as set forth in Item
1.01(b).
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Was the agreement with RockTenn a sham deal, meant only to sell stock in JBI? Yeah, could be.
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