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To: scion who wrote (4105)12/22/2010 1:45:42 PM
From: scionRespond to of 53574
 
Management would like to note that this private placement is intended for shareholders looking to grow long-term with the Company, and not for flippers or traders.

The issuance of long-term warrants along with above-market purchase prices was instituted to place the Company's stock in strong hands with those who want to assist the Company in moving to a larger exchange.

JBI will be filing a Prospectus with the Ontario Securities Commission in order to facilitate future private placements within the Province of Ontario, and a Regulation D filing with the SEC.

lighthouse57.com
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JBII Brochure

PDF file
viewer.zoho.com

Word file
viewer.zoho.com

Extract -

JBI ===

In April 2009, Bordynuik bought a public shell company, and moved most of the assets and production facilities from his private company (JBI) into the public company. The public company now has a positive balance sheet, with revenues. The transaction was independently audited.

The company is fully reporting and compliant. Stock Symbol: JBII

Share Structure: 53M OS, of which 40M Restricted is owned by Bordynuik. That leaves a float of 13M shares.

The goal of the company is to move to the NASDAQ exchange within a few months. CEO will not consider FSing the stock until after it gets to NASDAQ, if then.

The company is profitable with an approximate .18 EPS.

Financials: Assets: $22,486,751, Liabilities: $5,831,189

(From Pro Forma 8K/A, 10-7-09): knobias.10kwizard.com



To: scion who wrote (4105)12/22/2010 2:12:34 PM
From: SteveFRead Replies (1) | Respond to of 53574
 
JB didn't have the TRTN shell in June 2008 so those were the shares for Expedite2?