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To: scion who wrote (3662)	12/8/2010 12:46:01 PM
From: 1Coffeehound	Read Replies (1) \| Respond to of 53574

Of course, JBI restated their filings because they had lied in the original filings. Since when is a lie a mistake rather than intentional deceit. I wish him luck on that spin. It's just too much fun watching this scam blow up! <Correct but it doesn't mean JBII is a scam as has been claimed so many times on this board....all companies make mistakes....good companies fess up correct the mistakes and move on...JBII got clobbered when it hired Withum and restated their filings....>

To: scion who wrote (3662)	12/8/2010 7:31:52 PM
From: MorningLightMountain	Read Replies (2) \| Respond to of 53574

lol, I guess Brig does not understand contradictions.....or FIFO......if not a retirement account, his income tax cap-gains listings might be amusing....don't think most use LIFO for that, lol!!!! i still have all my shares from day one. When the stock was trading between 4 and 5 bucks i set aside some trading money to try and lower my average costs on what i am holding....i traded 20k shares for a buck move and made 20k....i traded it again at break even because i needed the money for another trade so.....how does one TRADE (and not just add) to lower average cost of shares held "from day one"????.....I call BS.....simple logic, you DID sell your original shares if you somehow lowered (or even raised!!) your average by buying and selling more shares......first in, first out if it is the same account, standard procedure when taxes are done (and if not the same account, trading did not lower the price for a different account).... just more word games to not admit these guys post one thing, while doing another.....I don't believe for a sec (pun intended) they have acted without intentional deceit for personal gain, and this seems to provide more proof of that..... PS: Average cost isn’t allowed for stocks, it’s only for mutual funds. The choices for stocks are FIFO or specific ID. The only way you can use LIFO is if you specified to your broker that you were selling the most recently purchased shares. LIFO also can be bad for you if the bought shares withing the past year because it makes the gains short term and short-term gains are taxed at a higher rate. highexchangerates.com