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Strategies & Market Trends : Aardvark Adventures

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Dec 12 3:59 PM EST

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To: ST Trader who wrote (7023)	12/8/2009 8:29:27 AM
From: ~digs	Read Replies (1) of 7944

NIAGARA FALLS, Ontario, Dec. 8, 2009 (GLOBE NEWSWIRE) -- JBI, Inc. (OTCBB:JBII) announces that John Bordynuik, CEO / President, has returned twelve million of his common shares to the Company's treasury and was issued one million non-convertible preferred shares, with 100 to 1 voting rights and no dividend income. The net effect of this transaction is that there will now be 46,725,106 total outstanding common shares and 1,000,000 series A super voting preferred stock outstanding. The Company's shares are available to use for accretive acquisitions and debt pay-off. benzinga.com

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