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To: fortitude who wrote (1592)	7/30/2010 8:37:44 AM
From: scion	Read Replies (1) \| Respond to of 53574

"... was trying to connect back to JBI shareholders via private company." ... "IPO" shares (confusing term) are in this mix and wrapped up in the Shell restriction so I was trying to figure out their cost basis. Everyone is focusing now on $0.80 when in fact many shares are substantially lower The quicker way would be to have an original owner post the particulars but I understand the hesitancy to share that info-- but it doesn't mean they don't exist and/or have no bearing on the Float-- quite the contrary. Posted by: jimmenknee Date: Thursday, July 29, 2010 9:56:27 PM In reply to: scion who wrote msg# 61294 Post # of 61357 Yeah-- got the S-1; was trying to connect back to JBI shareholders via private company. Thought I read possibly subscriptions and a price, but could be wrong. No worries-- know/knew you were better than I at digging so I thought I would ask. Thanks for the reply siliconinvestor.com Posted by: scion Date: Thursday, July 29, 2010 10:01:35 PM In reply to: jimmenknee who wrote msg# 61305 Post # of 61357 On February 10, 2009 we entered into a Stock Purchase and Share Exchange Agreement (“Exchange Agreement”) with John Bordynuik, Inc. (“JBI”), an Ontario corporation and each of the JBI Shareholders whereby JBI became our wholly owned subsidiary. About Our Company We were founded in the State of Delaware on September 27, 2007 as Expedite 2, Inc. On February 10, 2009 we entered into a Stock Purchase and Share Exchange Agreement (“Exchange Agreement”) with John Bordynuik, Inc. (“JBI”), an Ontario corporation and each of the JBI Shareholders whereby JBI became our wholly owned subsidiary. On February 13, 2009 we filed a Certificate of Amendment changing our name to John Bordynuik, Inc. JBI is an Ontario Corporation incorporated on February 10, 2006. FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 John Bordynuik, Inc. sec.gov data/1415602/000121390009000789/fs1_jbi.htm siliconinvestor.com Posted by: MorningLightMountain Date: Thursday, July 29, 2010 10:16:34 PM In reply to: jimmenknee who wrote msg# 61305 Post # of 61357 siliconinvestor.com siliconinvestor.com siliconinvestor.com .... siliconinvestor.com Posted by: jimmenknee Date: Thursday, July 29, 2010 10:28:10 PM In reply to: MorningLightMountain who wrote msg# 61309 Post # of 61357 Thanks MLM-- that was more in line with where I was trying to backtrack to... siliconinvestor.com Posted by: jimmenknee Date: Thursday, July 29, 2010 10:05:55 PM In reply to: scion who wrote msg# 61306 Post # of 61357 Yes but the Ontario (private) Corp had the shareholders identified as receiving shares in that S-1. Would need to step back 1 corp-level in documentation to see what the original Ontario Corp shareholders paid for their shares. That is what I am curious of... siliconinvestor.com Posted by: zardiw Date: Thursday, July 29, 2010 11:33:15 PM In reply to: scion who wrote msg# 61306 Post # of 61357 Great. A RePost of IRRELEVANT stuff from over a year ago, which has absolutely NO bearing on JBII..........z siliconinvestor.com Posted by: jimmenknee Date: Friday, July 30, 2010 12:39:24 AM In reply to: zardiw who wrote msg# 61331 Post # of 61357 He was kind enough to do so because I asked him to because it is relevant to shares caught up in "Shell status" being restricted for 1 year that appear to be at a lower cost basis than $0.80 John Bordynuik Inc (private), Ontario Corp had shareholders-- we know of at least one Private Placement (thank you for reposting that Reseller Mike as it was exactly what I was thinking I saw) Those shareholders, turned into John Bordynuik Inc (public), Delaware Corp via a reverse merger with Expedite 2 John Bordynuik (individual) purchases 310 Holdings and then buys assets from John Bordynuik Inc (public), Delaware Corp "IPO" shares (confusing term) are in this mix and wrapped up in the Shell restriction so I was trying to figure out their cost basis. Everyone is focusing now on $0.80 when in fact many shares are substantially lower The quicker way would be to have an original owner post the particulars but I understand the hesitancy to share that info-- but it doesn't mean they don't exist and/or have no bearing on the Float-- quite the contrary. siliconinvestor.com