Replies to post #70 on Jacksonville Bancorp Inc. (JAXB)

[56Chevy]

Banks are money machines...but they're are a true "investment".

wow. I need to slow down..this is terrible grammar... yikes. Ms. Davis would not be amused :~(

[xrymd]

How bad do they need money? Any chance of a PIPE in 6 months at a lower share price? Do they still owe any TARP funds? If not they should be OK. Real Estate in Forida has been significantly improving. Any info to the questions would be appreciated.

[Enterprising Investor]

"Plan B" was already built in upon the failure of a rights offering.

At the completion of the rights offering, 7,917,383 shares of common stock remained available for sale to the public through Hovde Group, LLC, the Company's sales agent for the offering, which is acting on a "best efforts" basis only. The subscription price for the public offering is $0.50 per share. The public offering period will expire on October 4, 2013, unless extended.