Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SteveF who wrote (5530)	3/10/2011 4:23:46 PM
From: scion	Read Replies (2) of 53574

Physically impossible for the shares of JBI-Canada to be exchanged straight thru JBII (JBI-NV) given the assets did not travel the same route (thru JBI-DE). jimmenknee Share Tuesday, January 11, 2011 8:20:34 PM Re: GWMAN post# 88808 Post # of 95813 GWMAN-- here's the problem: 1.) IPO was for JBI-Canada 2.) Expedite completed the RM with JBI-Canada-- only the registration filing was rescinded 3.) JBII (JBI-NV) bought "some" of the assets of FKA Expedite (that became JBI-DE) 4.) Physically impossible for the shares of JBI-Canada to be exchanged straight thru JBII (JBI-NV) given the assets did not travel the same route (thru JBI-DE). 5.) Mathematically/structurally unfeasible for 1 to 1 swap with the ~ 900k shares received by JBI-DE (FKA Expedite) from JBI-NV unless JBI-DE shareholders took a considerable "hit" and were willing to settle for less than 100% of the assets of JBI-DE. 6.) Can not find the "accounting" in JBII SEC filings 7.) Secondary issue is that some "assets" as well as "contracts" still remain in JBI-DE Given that, JBI-DE (FKA Expedite) still has loose ends so IMO is a fair conversation siliconinvestor.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next