i think it's pretty clear that *testing* and *redesign* have gone hand in glove re: P2O pretty much since its inception .. my take all along has been that 2 was *designed* for rock tenn and 3 has been re-designed for another partner .. in an *ideal* world there is no testing .. there are no interruptions .. there is no feedback to be incorporated and creating the first commercially viable beast is as easy and *affordable* as a colluding MM doing one of their *targeted* trade specials on JBII as was done just today .. ;-)
what matters is what the co. does .. just me but courtesy of the dolts in dc .. i wrote off all of 2012 .. when the pr came out on 5.15.12 .. it *imo* most likely clawed back the last Q of fy 2012 .. here's a hint .. we don't see that info till 2013
what we will see b4 then is the 8k and pr out on proc no 3 >> which with 2 makes co CFP again i'd presume that info comes out in the last Q .. i'm giving 4 months from when funds passed thru re: PIPE (and certs cut via TA) .. (june for those who don't track this data)
i'm factoring in another 4 to 6 weeks for doing *a cluster* of 3 .. for the rock tenn site that brings us to NOV or early DEC of 2012 .. for that 8k and pr >> which makes 6 total P2O machines for fy 2012 (now again the co. only controls X .. which is why conservative is key .. as in UPOD)
if the time line (or proc total) runs better/faster .. there will be filings .. if it takes longer same issue
the PPS walk down on JBII is being done by the very same PROS who have an abusive short in JBII and recognize that a cover has to be undertaken .. they never cover one second b4 they have to .. if they can take the stock to 5c .. they will >> on low volume .. i have no doubts
it's all they know >> they are trapped in this cycle of short and reset which is beyond clear when one can observe the tape (let alone record that info .. it's why i could post 3 weeks ago which MMs' would be in the top 5 positions for the month of august and be *spot on* even when *volume* didn't reflect the PROs' >> er >> masking abilities)
what is equally clear to me .. is that the AGM date wasn't for the meet and greet it turned into
KR has made 2 rookie mistakes (not a complaint .. just an observation) so far >> first was AGM date >> 2nd was use of the word *soon*
i expect *news* this month .. one way or the other .. my expectation is that the sec settlement is pr'd first .. followed by the rock tenn site re: first cluster .. as in state id'd
what will be revealing to me is if that is reversed
i expect with each low volume take down >> pressure ratchets up on new mgmt team
of course if i were mgmt >> when the hedgie that has abusively shorted JBI's stock for 2+ years comes knocking .. looking for a *deal* .. i'd say sure .. feel free to pay for X at the pps JBII was at at mkt open on 1.4.12 .. b4 the last round of collusionistas aided and abetted >> with a premium added ;-)
that too (with the sec settlement) will garner some attn not centered on various smbs
oh i'd also expect threshold to be triggered for a 3rd time over the coming weeks
again i don't know the exact timing .. but imo any one of the following will suffice
sec settlement proc no. 3 on line rock tenn cluster (4 5 6) id'd & installed joint media preso for P2O and rock tenn
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