i've said from the start that trading documentation was the achilles' heel for the cretinous filth but only >> if the co. had the ability to survive
as of 8.4.11 (8k) >> i knew JBI (courtesy of P2O would survive)
and while subtle >> let me refute any tinge
every single share of JBII that i hold via personal and SDA 401k accts >> has been bought on the open market
i know exactly why the first hit piece in JBI was authored *july 2010*
i know exactly why a new MM (would become secondary to JBII's primary) had to be imported >> *july 2010*
i understand why the sec's letter of 9.28.10 (previously non disclosed was publicly revealed after a phone call into the boston office of the sec) *jan 2012*
i understand why daily reg sho blew out in march 2011 even tho' volume was the 2nd lowest of the year and PPS was rigidly contained
i understand why the PROS set up JBII >> *volume* and *PPS* in april 2011 >> and why *taunts* of a coming wells notice were all over various sbms'
i understand why the sec's input on 8.3.11 was countered by the 8k filed by mgmt on 8.4.11
i understand exactly why the sec complaint came to pass on 1.4.12
i understand exactly what the hat trick of volume done on the 4th >> 5th and 12th (jan) >> *resulted in* >> hint no where near what is needed
i understand the angst of the shorts >>
but mostly i recognize a legitimate company whose prior ceo *grasped* the severity >> and took actions to prevent the *usual*
had he not >> the AS would have been raised to 500M and *dilution* (by the usual) would have come to pass >> resulting in toxicity and in due course a r.s
the pr out on 5.15.12 >> told me what is coming for JBI
there are 3 potential outcomes >> all of which will financially benefit LT shareholders
the next round of clues >> on tap >> over the comings weeks
i expect an additional 2 *8k's* filed b4 the AGM and quite possibly 2 the day/week of the AGM
oh and >> just me >> but i will take *no* volume on JBII from now to the 23rd >> it keeps the strangle hold *on* :)