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To: streetscraper who wrote (4546)1/11/2011 9:16:53 AM
From: SteveFRead Replies (2) | Respond to of 53574
 
Yes, he's been swindling from Day 1 here. All the money that he got from that IPO stayed with the private DE-JBI entity while NV-JBI got diluted. (not really 'all', I suppose - he did spend $80k buying the TRTN shell and then loaned some of it to them , LOL)

We just discovered almost 10 mill shares that have been in the float for a year but were kept secret. To add insult to injury, people who participated in that offering have been touting the stock on iHub. We still don't know what the cost-basis was for those shares, although Justice could tell us.

The SEC has enough to suspend JBII now. Only a matter of time.