From what I can understand, there is nothing that JNSH has done that is not transparent. In fact, CCGI came to know of the 350Green agreement only when JNSH released PRs indicating the same.
350Greeen should've been aware of the PR being released and would've known that if there was some ambiguity in its earlier deal they would be in trouble. Of course with JNSH doing its due diligence, Brian would've realized if such a deal was in place and would've made sure all was well before agreeing to a deal.
Remember, JNSH had a profitable business even before this deal, so it would not be risking its funds without doing its diligence and dotting the i's and crossing the t's.
What I'm not able to completely gather is the fact that CCGI is so concerned with the Chicago assets, which to them stands between them and listing in the NASDAQ. If the deal indeed that crucial, what does that mean for JNSH if this decision is made in its favor ?
I see a huge risk/reward potential here for JNSH. The prelim hearing is set for tomorrow. I'll probably try and free up some funds to load up some more tomorrow. If there is a quick decision (as I believe it to be), the rocket will be taking off. This will be an interesting few days for JNSH. Can't wait!
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