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To: scion who wrote (5649)3/16/2011 10:45:54 AM
From: SteveFRead Replies (2) | Respond to of 53574
 
LOL, from exactly one year ago today. JBII closed at $5.00:

fourkids_9pets Member Profile fourkids_9pets Member Level Share Tuesday, March 16, 2010 7:47:07 PM
Re: MorningLightMountain post# 33210 Post # of 96281

well that is one way to look at it

could be that most are just hunkered down
patiently waiting out the calendar :)

JBII Volume 13,192
Average Volume (10-Day) 24,791
Average Volume (90-Day) 59,679

i personally like these low volume days to add shares
on an as needed basis
.. and it's always interesting
to see what *size* trades are used to bid whack the pps wink

siliconinvestor.com
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Estimated_Prophet Member Level Share Tuesday, March 16, 2010 12:51:13 PM
Re: None Post # of 96283

JBII~$4.50-4.70 should be a good accumulation zone going forward if the tide has indeed turned. It may mostly depend upon an uplisting. If not, then it will be extremely important for IsleChem Report to reach a broader audience.

The key sign to watch for if JBII is ready to truly breakout should be a break of 5.50. You will hope to see 50k+ volume on that day, and for the bid to quickly move up to 5.50 and stay strong.

siliconinvestor.com
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techisbest Member Profile techisbest Share Tuesday, March 16, 2010 10:13:25 PM
Re: None Post # of 96283

No posts from JB on FB today. Unusual?

siliconinvestor.com
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techisbest Share Wednesday, March 17, 2010 6:53:30 AM
Re: None Post # of 96283

I don't know where John got that $18 number for the next PIPE. Wishful thinking only? How much of the future can be priced into the stock?

I agree with rce9rys that the early going will be self-financed. I'm basing that on John's statement regarding when a new PIPE would be offered. He has a lot to prove to get investors to price in that future. I think 5 sites reporting revenues in line with expectations would do it. I think that can be achieved without outside financing.

Another reason I think this will be self-financed is the emphasis being placed on making PakIt a revenue generator.

There will be a spike in the price once the IsleChem report comes out. There will be a spike in the price once an uplisting happens. I doubt either/both can sustain any spike.

The market is forward-looking, but only to the extent that the price can be justified by expected revenues. Right now the expectations are high, allowing the current price without definitive proof.

But definitive proof, in the form of generated revenues, will be demanded going forward.

I don't think $18 can be sustained without that proof.

siliconinvestor.com
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Zardiw Member Level Grandfathered Member Share Wednesday, March 17, 2010 10:31:42 AM
Re: SteveF post# 33271 Post # of 96284

Last I heard we have institutional support dude.........et z

siliconinvestor.com



To: scion who wrote (5649)3/16/2011 8:31:17 PM
From: scionRead Replies (2) | Respond to of 53574
 
10-K: for Fiscal Year Ended 12/31/10 due Thursday, March 31, 2011

secfile.net

JBI, INC. CIK#: 0001381105 (see all company filings)
sec.gov

(b) Engagement of New Independent Registered Public Accounting Firm.

i On March 10, 2011, the Board of Directors appointed MSCM, LLP (“MSCM”) as the Company’s new independent registered public accounting firm. The decision to engage MSCM was approved by the Company’s Board of Directors on March 10, 2011.

ii Prior to March 10, 2011, the Company did not consult with MSCM regarding (1) the application of accounting principles to a specified transactions, (2) the type of audit opinion that might be rendered on the Company’s financial statements, (3) written or oral advice was provided that would be an important factor considered by the Company in reaching a decision as to an accounting, auditing or financial reporting issues, or (4) any matter that was the subject of a disagreement between the Company and its predecessor auditor as described in Item 304(a)(1)(iv) or a reportable event as described in Item 304(a)(1)(v) of Regulation S-K.

Form 8-K - Filing Date 2011-03-16
sec.gov

MSCM LLP
8th Floor, 701 Evans Avenue
Toronto, Ontario
M9C 1A3 Canada

Telephone: (416) 626-6000
Facsimile: (416) 626-8650
E-Mail: info@mscm.ca

mscm.ca