Replies to post #911 on Off the Radar

[grantg2]

Yes... one of the "funny things" is the share structure

and how it is going to play a part in the long term value of JBII.

First the total shares outstanding now are around 46M after the SHARE GIVE-BACK by the CEO in order to do some private funding that paid off debt of Pak-It and has facilitated some things that were revealed in the 19PRs released yesterday after hours.

There is a CC tonight at 6PM EST... details are available on JBII board and website.

However, the FLOAT is estimated to be 13M... and not too long ago the SHORT interest seemed to be about 68K... SHORTS need divine intervention Tuesday to avoid bankruptcy IMO if holding a LARGE SHORT POSITION... and even small SHORTS are gonna take a bruising.

In the next 1-2 months JBII will uplist to AMEX or NASDAQ... applications in at both and do not know of progress or final outcome... HOWEVER, both exchanges approached JBII's CEO to uplist there, not vice versa.

The Canadian LONGS in JBII have been unable to put any shares in retirement accounts because OTC stocks are NOT permitted by law... a very large percentage of them intend to BUY in those retirement accounts when JBII uplists. More shares held tightly and effectively removed from the float.

Finally, some time back, John Bordynuik was asked about a future FORWARD SPLIT probability since the OS number is modest... his answer was typical JB: why do we have to do a FS? Buffett never split Berkshire Hathaway.

Let the GAMES begin... let the DRAMA unfold!