it would be closer to 500M to 750M shares which is why in advance of uplist there would be the usual r/s done along the lines of say 1 for 10 >> this in just one dilemma the abusive short stuck on stupid has re: JBII
there is a certain MO followed >> short >> reset/swap short some more >> expect a r/s >> short again post r/s
then if JBI actually succeeds/outlasts >> ladder JBII's pps up slowly as covering is undertaken in preparation of co.s uplisting >> that would culminate (pps wise) approx 2 weeks after co.s uplisting to the naz
JBI didn't accommodate the *usual* in any manner >> that is why the immediate goal of the sec complaint pertained to co.s uplisting (b4 said complaint i'd have put that at some time this summer) after JBI became CFP >> proc no 3 was running essentially 24/7 and national media exposure was embraced via p2o's unveiling at rock tenn's first site
that is why i've posted >> the longer this goes >> the more parabolic the covering will be >> and that covering shouldn't be confused with co.s market cap (tho' i'd expect to read posts about it)
mgmt will also be under pressure to do a forward split (my guess) within 12 months of uplisting >> my advice dont' play the street's game >> rather go the berkshire route >> look at the SS (share structure) of some of the most respected co.s in existence and take notes >> some were far *wiser* than others in that aspect
while it may come sooner >> imo i'd expect aspects with the sec will be resolved by mid summer 2013 >> which works for me since my expectation is that fy 2012 (uploaded in march 2013) will be the K that is the baseline for the co. going forward
I agree with you that the SEC is not about killing companies. If there is a conspiracy involving the SEC as has been suggested many times on this board, isn't it much more likely that the SEC is trying to help JBII by getting Bordynuik out of the way? The company would stand a much better chance of success with Bordynuik banned, it makes more sense than the alternative conspiracy theory and the irony is crime story worthy. :)