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To: scion who wrote (4067)12/20/2010 8:05:14 PM
From: SteveFRespond to of 53574
 
If only there was an interactive shareholders conference-call soon...



To: scion who wrote (4067)12/20/2010 8:05:59 PM
From: scionRespond to of 53574
 
On May 8, 2009, John Bordynuik, Inc. (the “Company”) appointed Mr. Christopher Duignan as Chief Financial Officer. There is no family relationship between Mr. Duignan and our current Director and Officer. Mr Duignan has not been nor is he a party to any transaction within the last fiscal year, or any currently proposed which we are a party.

Christopher C. Duignan (age 34), served as Chief Financial Officer at Enliven Marketing Technologies, (“Enliven”) a publicly traded NASDAQ company that was sold in October 2008. Mr. Duignan worked at Enliven for almost seven years, rising from the Assistant Controller to Chief Financial Officer. Mr. Duignan also served as Enliven’s Chief Accounting Officer. Prior to Enliven, Mr. Duignan worked at PricewaterhouseCoopers LLP (“PwC”) for four years in their technology group within the audit practice. At PwC, Mr. Duignan’s client base consisted of publicly traded technology companies as well as start-ups. Mr. Duignan received a bachelor of science in accounting from Fairfield University in 1997 and is a Certified Public Accountant. Mr. Duignan served in the United States Marine Corps Reserve from 1993 to 2001.

Form 8-K - Filing Date
2009-05-11
sec.gov

Christopher C. Duignan Vice President - Finance

Neostem Inc. (Public, AMEX:NBS)
google.com



To: scion who wrote (4067)12/20/2010 8:23:55 PM
From: SteveFRead Replies (3) | Respond to of 53574
 
Are they in the OS? The OS was 63,700,000 when JBII purchased 40,250,000. Today the OS is 51,246,926. JB returned 31 million meaning almost 20 million shares have been issued by JB. Those 9.97 mill don't really fit considering 9 mill for the pipe, 4 mill for Pak-It, 3.5 mill to Kidd, etc...

Either some of those Expedite2 holders were counted as part of the $.80 PIPE or JB got a hold of some of the 21 mill shares from the original TRTN financiers and cancelled/reissued those. Wasn't there brief talk about JB acquiring some of those old shares - back when they "knew who was selling"? I remember reading posts about it from summer 2009.

I'll have to dig into the filings to see exactly when the OS showed the increase.

Here's the old OS timeline from the old filings (not updated with much from the restatements):

Apr 24, 2009: John Bordynuik purchases 40,250,000 shares of 310 Holdings common stock (TRTN) from former CEO Nicole Wright for $80,000 (representing 63% of the OS). 310 Holdings (TRTN) is eventually renamed JBII.
sec.gov

May 20, 2009: JBII (then TRTN) OS is 63,700,000
sec.gov

May/June, 2009: JBII OS is 53,730,000 (maybe, needs another source): "Mr. Bordynuik returned and retired 9,970,000 common shares to the Company during 2009" (63.7-9.97=53.73 mill OS)
sec.gov

June 30, 2009: JBII OS is 53,790,513
sec.gov

Nov 6, 2009: JBII OS is 58,100,106. AS is raised from 70 million to 150 million.
sec.gov

Nov 16, 2009: JBII OS is 58,725,106
sec.gov

Dec 2009: 1 million shares of JBII Series A Super Voting Preferred Stock issued to John Bordynuik in exchange for 30,000 shares of JBII common stock returned to the company
sec.gov

Jan 27, 2010: JBII OS is 68,701,056
sec.gov

Mar 2, 2010: 21,000,000 shares were returned to the Company and retired by CEO John Bordynuik
sec.gov