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fourkids_9pets

07/22/11 8:02 AM

#122127 RE: janice shell #122098

completely false

interaction with SEC is par for the course
at this level

as a matter of fact back and forth
discussion occurs with regular frequency
<could be daily .. could be weekly>
between corp counsel/AF/and select mgmt
when a co. is going thru the process of
uplisting .. <again my *awareness* is the
ipo route> but it's also in place when a co.
transitions off of pk to what was OTC BB
or then transitions out of OTC to NAZ .. et al

imo that is exactly what WSB was all about .. material
weaknesses and internal controls *related* to the co.s
prior AF .. that officials at the NAZ would have picked
off with a pea shooter .. this is SOP .. there are 10
yr old NAZ based co.s still working on internal controls
and material weaknesses .. it's always a work in progress

that was why those who know the *process* knew to *sell*
and/or *short* shares of JBII when the 8K came out on
WSB ah's on MAY 14th 2010 .. of course there was no stampede
by investors in JBI to sell .. as evidenced by 6 days of
trading data <less than 800k in volume to take the co.s pps
from 5.00 to 1.60> and that was the double edged sword certain
entities are still *dealing with* today ~

==

The SEC doesn't have questions for most companies all that often. As in pretty much never.



==
4kids
all jmo

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Zardiw

07/22/11 9:13 AM

#122165 RE: janice shell #122098

Really??? You are very much aware that companies and the SEC converse all the time over various filings, etc....Why would you say it happens almost 'never'.......That's completely untrue.......z