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duderino

02/01/11 3:38 PM

#91388 RE: Rawnoc #91386

you said 2009?? what?

On January 14, 2010, JBI, Inc., (the “Company”) consummated a confidential private placement (the “Private Offering”) with certain accredited investors for the issuance and sale of 8,260,842 shares of the Company’s common stock, $0.001 par value per share (the “Common Stock”) at per share price of $0.80 for aggregate offering proceeds of $6,608,673.

http://www.sec.gov/Archives/edgar/data/1381105/000121390010000259/f8k011410_jbi.htm