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To: SteveF who wrote (4763)1/27/2011 7:56:55 PM
From: SteveFRead Replies (2) | Respond to of 53574
 
This is the 7th independent accountant in 26 months.

I forgot about MOORE STEVENS! (Remember them?) That makes 8 accounting firms in 26 months, two of which have been revoked by the PCAOB. Perfectly normal. Happens to all legit publicly-traded companies!

JBII Independent Accountant Employment Program:

Nov'08 ------------Mar'09----------------Aug'09----------May'10-------June'10----------Jan'11
Moore > Tarvaran > Moore > Seale > Gately > Withum / MooreStevens > Ernst

Longs will argue that Honest John didn't take over the TRTN shell until Apr'09: OK, then this is the 6th firm in the past 21 months...

globenewswire.com

JBI, Inc. to Issue Restated Financial Statements

Press Release Source: JBI, Inc. On Thursday June 10, 2010, 4:04 pm

NIAGARA FALLS, Ontario, June 10, 2010 (GLOBE NEWSWIRE) -- JBI, Inc. (the "Company") (OTCBB:JBIIE - News) is providing notice that the Company's previously issued audited financial statements for the year ended December 31, 2009, filed on Form 10-K with the Securities & Exchange Commission ("SEC") on March 31, 2010 and the interim financial statements for the period ended September 30, 2009, filed on Form 10-Q with the SEC on November 16, 2009, should no longer be relied upon due to questions regarding: 1) the accounting treatment and related disclosures of two acquisitions which were completed during 2009 and 2) the valuation of media credits acquired by the Company during 2009 through the issuance of common stock. The Company's former independent registered public accounting firm, Gately and Associates, which was dismissed on May 13, 2010, was informed of the matters disclosed above.

Subject to approval by its new independent auditors, Withum Smith + Brown, PC, the Company intends to file revised financial statements as soon as they are available. The Company has hired MOORE STEVENS to assist in this effort, and provide ongoing accounting expertise.



To: SteveF who wrote (4763)3/16/2011 6:43:47 PM
From: SteveFRead Replies (3) | Respond to of 53574
 
NINE independent auditors for JBII in 28 months!

The JBII accountant shuffle:

Nov'08 ------------Mar'09----------------Aug'09----------May'10-------June'10--------Jan'11-----Mar'11
Moore > Tarvaran > Moore > Seale > Gately > Withum / MooreStevens > Ernst > MSCM

Feb 1, 2007: Moore and Associates, Chartered, represents 310 Holdings (TRTN) as their registered accountant on their first audited financials filed with the SEC
sec.gov

Nov 17, 2008: Moore & Associates, Chartered, fired as registered accountant for 310 Holdings, INC. (TRTN)
sec.gov

Nov 17, 2008: Tarvaran, Askelson & Company, LLP, hired as registered accountant for 310 Holdings, Inc. (TRTN)
sec.gov

Mar 16, 2009: Tarvaran, Askelson & Company, LLP, fired as registered accountant for 310 Holdings (TRTN).
sec.gov

Mar 16, 2009: Moore and Associates, Chartered, hired as registered accountant for 310 Holdings (TRTN).
sec.gov

Aug 6, 2009: TRTN fires Moore & Associates as their registered accountant
sec.gov

Aug 6, 2009: TRTN hires Seale and Beers, CPA to replace Moore
sec.gov

Aug 14, 2009: TRTN hires Gately & Associates to replace Seale and Beers, CPA
sec.gov

Aug 17, 2009: TRTN fires Seale and Beers, CPA (replaced by Gately on Aug 14)
sec.gov

Aug 27, 2009: Moore and Associates, Chartered (fired as TRTN's auditors on Aug 6), has their PCAOB registration revoked
sec.gov

May 14, 2010: JBII fires Gately and Associates as JBII's independent registered accountant
sec.gov

May 14, 2010: JBII hires Withum + Brown, PC to replace Gately as registered accountant
sec.gov

June 10, 2010: JBII announces Moore Stephens will assist Withum with restatements
globenewswire.com

Oct 22, 2010: Gately and Associates, LLC (fired as JBII's auditors on May 14), has their PCAOB registration revoked
sec.gov

Jan 24, 2011: JBII fires Withum + Brown, PC as their independent registered public accounting firm
sec.gov

Jan 24, 2011: JBII hires Ernst and Young, LLP as their independent registered public accounting firm
sec.gov

Mar 10, 2011: JBII fires Ernst and Young, LLP as their independent registered public accounting firm
sec.gov

Mar 10, 2011: JBII hires MSCM, LLP as their independent registered public accounting firm
sec.gov