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the big guy

11/23/10 10:45 PM

#78319 RE: BRIG_88 #78317

PP's are usually at a discount to the going Market Price. And the price usually falls immediately to the PP price, both because of trading opportunities and dilution. that is fair ball for a stock that is represented fairly and where the market PPS reflects the intrinsic value... somewhat.

I have no problem with the .80 PIPE, but the 4.00 PIPE? The stock price at the time was a result of JB''s "Public Market Strategy" (that is such a cute phrase, almost like "Lurker"), and the FALSE financials.

Selling a stock on a false premise or when you know you can't deliver the goods is Promotion. Worse, misrepresentation.
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jimmenknee

11/23/10 10:46 PM

#78321 RE: BRIG_88 #78317

Great-- I agree JBI is no different in its use of the equity track as any other OTC looking to tap into the equity stream.

So trade/invest as a retail buyer accordingly. In this current configuration be prepared to have the next round of equity depress the price and hope the next fundamental milestone offsets it enough to sustain forward momentum to the point one can recoup their "retail" investment-- agreed?