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ponzi_implosion

01/17/12 5:58 PM

#157981 RE: Zardiw #157978

JBII Summary DD Financing

WHOOOAAA NELLY....$33 million paid in (spent) and total assets of $7.8 million

Pffffttttt $25 million gone like smoke in the wind.....they managed to lose more in the past 9 months than the valuation of ALL OF THE COMPANY ASSETS COMBINED - CASH-MACHINERY-PROPERTY.

How's that for a financing summary?

Additional paid in capital $33,234,206
Accumulated deficit ($29,269,545 )
TOTAL ASSETS $ 7,818,490
LOSS FROM OPERATIONS (10,497,981) most recently reported 9 months

http://www.sec.gov/Archives/edgar/data/1381105/000121390011006335/f10q0911_jbi.htm
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ChangeDirector

01/17/12 6:24 PM

#157988 RE: Zardiw #157978

Funny, JBII, seems to be taking as long as any other penny stock scam company to produce anything of value. Fortunately, the SEC seems to have jumped on to this one before it became a no bid stock at .0000 x .0001 and saved a lot of innocent dupes a lot of money.