The Expedite S-1 also itemizes all the debts owed by JBI, Inc that were to be paid in shares of the future public company since it's 2006 incorporation by how many shares of Expedite were issued based on 58 mill OS. Ironically, Expedite 2's auditor for the S-1 was Gately and Associates...
sec.gov
The exchange of stock was for 100 % of the issued and outstanding shares of the subsidiary company, the Company issued 58,521,250 common shares to the shareholders of the subsidiary company acquirement of their shares, or 234,085 shares, or 250 shares for each share.
From June 2008 through July 2008 the Company issued 6,045,750 shares of common stock for cash for a total of 6,045,750, or $3.32327972 per share.
From September 2007 through May 2008 the Company issued 1,190,500 shares of common stock for cash for a total of $427,964, or $0.47461611 per share.
During July 2007 the Company issued 2,135,000 shares of common stock as compensation for a total of $7,440, or $0.0082667 per share.
On June 22, 2007, the Company issued 1,400,000 shares of common stock as compensation for a of $366, or roughly $0.00087111 per share.
On June 1, 2007 the Company issued 1,400,000 shares of common stock for consulting services for a total of $784, or $0.0008711 per share.
On February 23, 2007, the Common issued 1,500,000 shares of common stock for a patent agreement for a total of $268, or $0.00029778 per share.
On November 10, 2006, the Company issued 1,500,000 shares of common stock for a technology agreement for a total of $251, or $0.00027889 per share.
On November 6, 2006, the Company issued 36,100,000 shares of common stock to satisfy a note payable a total $26,562, or $0.0951333 per share.
On October 31, 2006, the Company issued 60,000 shares of common stock for cash for a total of $106,764, or $0.1186267 per share.
On February 10, 2006, the Company issued 900,000 shares of common stock as acceptance of incorporation expenses for a total of $159, or $0.00017667 per share.
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