SI
SI
discoversearch

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 -- Ignore unavailable to you. Want to Upgrade?


To: scion who wrote (2263)9/19/2010 9:09:33 AM
From: SteveFRespond to of 53574
 
So Honest John was lying about all of Kidd's shares being restricted. I'm shocked.



To: scion who wrote (2263)9/19/2010 9:10:57 AM
From: scionRespond to of 53574
 
10. In March/April of 2010, as a result of the 310/JBI corporate name change, the Debtor and his wife received new share certificates breaking up their remaining 310 shares into smaller blocks of JBI stock. Again, all of these new JBI certificates were issued as tenancy by the entireties property and the stock certificates denominated "Roy Thomas Kidd & Joan L Kidd Ten Ent" as the owners.

Copies of the JBI stock are attached hereto and incorporated herein by reference as Exhibit ā€œCā€.

Doc 29 PDF file
viewer.zoho.com

Exhibit "C"

Cert 1: - 25,000 shares (no Restricted legend)

Cert 2: - 125,000 shares (no Restricted legend)

Cert 3: - 100,000 shares (no Restricted legend)

Cert 4: - 40,000 shares (no Restricted legend)

Cert 5: - 1,750,000 Restricted shares

TOTAL - 2,040,000

Doc 29-3 PDF file
viewer.zoho.com

Doc 7-6 PDF file
viewer.zoho.com

Note: For easier reading of the file, download it.

Maxim Account
Kidd - JBI Inc – stock certificates

Certificate Date Amount

11 Mar 10...............................1,750,000 RESTRICTED
16 Apr 10.................................125,000
16 Apr 10.................................100,000
22 Apr 10..................................25,000
22 Apr 10..................................40,000

Total...................................2,040,000

JBI stock, per SEC filing.......3,500,000

Difference.........................1,460,000



To: scion who wrote (2263)9/19/2010 9:34:18 AM
From: SteveFRead Replies (3) | Respond to of 53574
 
Cert 1: - 25,000 shares (no Restricted legend)

Cert 2: - 125,000 shares (no Restricted legend)

Cert 3: - 100,000 shares (no Restricted legend)

Cert 4: - 40,000 shares (no Restricted legend)

Cert 5: - 1,750,000 Restricted shares


Those numbers add up to 2,040,000. He had 2,250,000 left according to filings. Where did the other 210,000 shares go?

Kidd timeline

Aug 24, 2009: JBII acquires Javaco from Domark for $150k cash and 2.5 million shares of JBII common stock. JBII also acquires "Media Credits" valued at $10 million from Domark for 1 million shares of JBII common stock
sec.gov

Aug 26, 2009: Thomas Kidd resigns as CEO of Domark
sec.gov

Sep 10, 2009: Domark gives Thomas Kidd 3.5 million shares of JBII common stock as part of a debt settlement agreement.
sec.gov

Sep 30, 2009: Thomas Kidd files his first Form 13D with the SEC reporting 5.51% ownership of JBII's OS (with 3.5 million shares)
sec.gov

Oct 20, 2009: Thomas Kidd transfers 100,000 shares of JBII common stock to parts unknown pursuant to an agreement with Media4Equity
sec.gov

Dec 23, 2009: Thomas Kidd transfers 900,000 shares of JBII common stock to parts unknown pursuant to an agreement with
JBI and Judith Vazquez (Kidd's sister-in-law & Javaco President).
sec.gov

Mar 29, 2010: Thomas Kidd and Scott Sieck (Kidd's successor as Domark CEO) enter into a "Debt and Securities Purchase Agreement". Kidd gives Sieck 250,000 restricted shares of JBII common stock in exchange for Sieck's Domark Preferred
Series A stock, 1 million DMRK common shares as well as $534,271 debt owed to Sieck by Domark. Thomas Kidd now has 2.25 million presumably restricted shares of JBII common stock remaining and voting control of Domark.
sec.gov

Apr 13, 2010: Thomas Kidd appoints himself to the position(s) of President, CEO, secretary, Principal Financial Officer and Director of Domark.
sec.gov



To: scion who wrote (2263)9/19/2010 9:37:40 AM
From: SteveFRespond to of 53574
 
10. In March/April of 2010, as a result of the 310/JBI corporate name change, the Debtor and his wife received new share certificates breaking up their remaining 310 shares into smaller blocks of JBI stock.

Interesting timing.

Mar 2, 2010: JBII TA reports the OS is 71,102,200, 47,652,200 of which is restricted
siliconinvestor.com

Mar 2, 2010: JBII OS: 50,102,200 (21 million restricted shares canceled by Bordynuik in exchange for 1 mill Preferred shares with 100:1 voting rights)
sec.gov

Mar 3, 2010: JBII TA reports OS is 50,102,200, 26,652,200 of which is restricted
siliconinvestor.com

Mar 24, 2010: Theodore (Ted) Henry resigns from JBII Board of Directors
sec.gov

Mar 24, 2010: JBII appoints Gregory Goldberg to the Board of Directors
sec.gov

Mar 29, 2010: Thomas Kidd and Scott Sieck (Kidd's successor as Domark CEO) enter into a "Debt and Securities Purchase Agreement". Kidd gives Sieck 250,000 restricted shares of JBII common stock in exchange for Sieck's Domark Preferred
Series A stock, 1 million DMRK common shares as well as $534,271 debt owed to Sieck by Domark. Thomas Kidd now has 2.25 million presumably restricted shares of JBII common stock remaining and voting control of Domark.
sec.gov;

Mar 31, 2010: JBII OS: 50,102,200
sec.gov

Mar 31, 2010: JBII files FY2009 10K (determined by JBII on May 21 to be unreliable)
sec.gov

Apr 9, 2010: JBII Board Member John M. Wesson sells 1,000 shares of JBII common stock.
sec.gov

Apr 13, 2010: Thomas Kidd appoints himself to the position(s) of President, CEO, secretary, Principal Financial Officer and Director of Domark.
sec.gov;

Apr 13, 2010: JBII announces Islechem has validated it's P2O process.
sec.gov

Apr 13, 2010: JBII TA reports OS is 50,114,700, 26,664,700 of which is restricted
siliconinvestor.com

Apr 15, 2010: Date of First Sale for the as yet unannounced $4.00 PIPE
sec.gov

Apr 24, 2010: JBII Annual General Meeting (AGM) held

Apr 25, 2010: JBII conducts P2O processor tours for shareholders who consent to a non-disclosure agreement

Apr 26, 2010: JBII TA reports OS is 50,118,450, 26,668,450 of which is restricted
siliconinvestor.com

Apr 26, 2010: JBII announces Javaco achieved 52% increase in Q1 2010 over Q1 2009. Q1 2009 Javaco sales have never been published.
sec.gov

Apr 30, 2010: JBII appoints Dr. Robin Bagai to the Board of Directors
sec.gov

Apr 30, 2010: Dr. Robin Bagai reports beneficial ownership of 41,040 shares (Form 3)
sec.gov