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Rev Kilgore Mullet

04/25/12 5:47 PM

#179487 RE: User336447 #179484

Why would anyone with the resources to accumulate a large number of JBII shares do so in the open market? Why not just approach Bordy with a PIPE deal discounted 50 to 70% from FMV? Given the company's current appetite for cash, one might even get a mark-to-market toxic provision.