13 investors at an average of $215,000+ each. $2.8 million raised at a 43% premium to the last private placement.
You guys smell that? I smell whales. And they were buying according to the 8K only this week and through today.
My guess -- this same group were the whale buyers in the open market. No wonder there was such massive buying under $1.00 -- if this group was willing to invest 6 figures each with a 6 month restriction at $1.00, they likely found free-trading open market shares below $1.00 a gift from God.
THey need capital. Can`t so it by selling PIPE shares anymore as the current management is discredited.
the big guy?....i don't understand.....on Jan 4th you said JBI can't raise capital via a pipe.....then on Jan 6th i see them raise 2.8 million.....nor do i see a reverse split,or any new leadership,or a trading halt.....anything to add here?....just raisin'...reversin'...splittin'...leadin'...haltin'
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