Brian took over at the start of this year. He replaced Jean Howe, his wife, who had a different operating model in mind. She set the foundation for the company in being an honest and straightforward vendor/installer in the Chicago area for many years and built up the reputation and clean sheet that it has. The company JNSH took over the shell of an earlier company, but yes, JNSH has always been JNS Power and Control and its subsidiaries.
The change this year was due to the mindset of Brian from being someone who was owed money on the 350Green installation, to taking up the responsibility and the assets at a lower than retail price in order to position itself as not just an installer but a player in the charging space (own chargers as well). This helps the local vendors as they now will at least get paid for the work they had done, and this helps JNSH tremendously, not only improving its stature in the community and building goodwill, but also in acquiring substantial assets at a lower price.
As many would attest, this is a game changer for sure.. the question is by how much (3x or 10x?).. Once we get some PRs from the company about their plans to monetize these assets, we'll know where the company stands in terms of value. But its easy to see that it'll be way ahead of where it was a year ago when we got to 0.034. (we traded above 0.02 for almost 100 days last year). So, we expect big things here, knowing the past and knowing what the future holds.. GLTA..
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