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Modern_Rock

05/24/10 9:55 PM

#44435 RE: fox342 #44434

There are NO patents. John the genius CEO "discovered" it one day by change while reading through piles of old tapes. Uh huh! Secret discovery of an Oil Catalyst by a software engineering college dropout. Out of the million tapes he happened to just have spotted the secret catalyst that no one wanted! Imagine that, finding a winning lottery ticket on the floor! And yes, that means anyone can steal the secret magic bean formula if they wanted to since there are no patents on it. If you want to know more, join Facebook and add him as a friend. He loves to chat there... Yup, the CEO

Come July there will be 8Million+ shares coming off restriction from the old PIPE. Lots of cheapo shares to be had in July on the fire sale (20x more the number of shares that were sold during this 50% tank) !
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Zardiw

05/24/10 11:11 PM

#44461 RE: fox342 #44434

The catalyst is proprietary. JBII owns it. Sort of like Coke and Pepsi's formula. It makes JBII's process light years ahead of the competition's

No stock has become unrestricted. The first PIPE restriction comes off in July.

Most of the PIPE was bought by people close to the company, who want to see the company grow.

The unrestriction process is not instantaneous, it takes a few weeks to get them unrestricted I imagine.

And I see a minimum of profit taking when they DO become unrestricted.

Most will hold for the long term.

Plus, by that time God willin and the River don't rise, we will be in Full Production mode............z
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Rawnoc

05/24/10 11:18 PM

#44463 RE: fox342 #44434

Catalyst is protected via being contained in a cartridge, strict contracts, and secured with wireless sensors:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49407947
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49407993