Replies to post #179352 on JB and ZJMY Holding Co (JBZY)

[TenKay]

Sure he might not sell...for some reason I guess. But he has 1.25 billion shares worth of equity in a stock that has a current OS of 9 million.

That is over 99% of the equity.

Why didn’t he split the prefs or alter the conversion terms to maintain the 60/40 split he had? He needed over 50% to have control so the 60% is close and reasonable by OTC standards.

But 99%....???

Right now the company is carrying a market cap of over $3 Billion on a FULLY diluted basis.

It’s not even an SEC reporter...

It can’t sustain that...no way.