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jaxstraw

05/11/14 4:42 PM

#268019 RE: Rawnoc #268016

Why was it so important to make sure the shares would be 'free trading' that Juicy would circumvent securities laws to make this happen ?

Why was it so important to make sure the shares would be 'free trading' that Juicy would stoop to the lowest depths of moral turpitude by dragging in his own mother and children in this illegal scheme ?

Why was it so important to make sure the shares would be 'free trading' that Juicy would risk a 5 year director and officer ban to make this happen ?

Why did the 14 total recipients of the shares need them , en masse, to be 'free trading' immediately and not restricted as was required ? Not one or two, but all 14 ?

Why was all of this information never disclosed either through the Companies filings or John Bordynuiks ownership filings as an insider ?
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jimmenknee

05/11/14 6:05 PM

#268021 RE: Rawnoc #268016

1. In order to sell shares back at that time they needed to be free trading. This requirement was effectively used as a talking point very early on in JBII trading history-- the limited number of available shares to the "float" was discussed at length back in 2010. Most shares were determined to be "locked up double tight" by virtue of normal restrictions and also JBII being designated as a former "shell" ...
however,
... what we recently found out was JBI-CAN "seed" investors got free trading shares and what we now know is Bespoke (who advertises as-- amongst other things -- a stock promotion company) got free trading shares along with 13 other unidentified "parties."

2. The OSC settlement was constructed similar to many other settlements (including denials and allegations against the company being dropped)-- the settlement wording does not make further lawsuits unviable, it just provides some protection from being virtually "automatic."

There is absolute evidence of lies and, where lies don't exist, of purposeful circumvention to insulate the company.

From the Kaplanis lawsuit exhibits to the Elsley lawsuit deposition to the newly published OSC settlement agreement, John's lies and deceit are slowly making their way into the public domain-- that is a reality...

... notwithstanding storyline safeguarding