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To: scion who wrote (5712)3/17/2011 12:52:33 PM
From: scionRead Replies (2) | Respond to of 53574
 
Moore Stephens North America - MSCM LLP

msnainc.org

Contact Information

MSCM LLP
701 Evans Avenue 8th Floor
Toronto, Ontario M9C 1A3
Telephone:
416-626-6000
Fax:
416-626-8650
Website:
mscm.ca
Email:
info@mscm.ca

Managing Partner: Rosario A. Suppa
Firm Description

Since 1975 we have helped our Canadian and foreign business clients not only survive but thrive. We have worked hard at establishing good long-term relationships with our clients, at steering them through difficult times and plotting a course to a profitable future. That many of our clients have been with us since inception is testimony to those efforts.

We provide the solid business advice and personal services our clients need to help them adeptly navigate the present and chart for a successful future:

• Assurance services for private and public companies
• International services by association with Moore Stephens International Limited
• Consultation, compliance and representation on all matters of taxation, in and outside Canada
• Corporate tax planning and reorganizations
• IFRS / Canadian GAAP conversion consulting
• Management consulting and business advisory services
• Personal accounting services, including taxation, estate, retirement and investment planning
• Investment banking services – Inglewood Capital Partners Inc.
Additional Locations

800-701 Evans Avenue
Ontario, Toronto M9C 1A3
Telephone: 416-626-6000
Fax: 416-626-8650

msnainc.org



To: scion who wrote (5712)3/18/2011 9:05:00 AM
From: scionRead Replies (3) | Respond to of 53574
 
Has anyone mentioned the connection between JBII's new accounting firm and their CFO, Ron Baldwin?

techisbest Share Friday, March 18, 2011 12:48:14 AM
Re: None Post # of 96763

Has anyone mentioned the connection between JBII's new accounting firm and their CFO, Ron Baldwin?
Quote:
Mr. Ronald C. Baldwin, Jr., was appointed as Chief Financial Officer of JBI Inc. Mr. Baldwin is a CPA with 15 years experience in public accounting. Mr. Baldwin is licensed to practice accounting in Florida and North Carolina and law in Florida. Mr. Baldwin holds a B.S. in Accounting magna cum laude from the University of South Florida and a J.D. and L.L.M in Taxation cum laude from the University of Florida. Mr. Baldwin was admitted to the Florida Bar in 2000. From 1991 to 2005, Mr. Baldwin was a staff accountant at Baldwin & Weber, CPA’s and then a partner in R.C. Baldwin, CPA’s providing management advisory services to small and medium sized business clients. From 2005 to 2007, Mr. Baldwin was the Manager of Taxation at Moore, Stephens, Lovelace, P.A., a regional CPA firm with offices in Miami, Orlando, and Tampa. From 2007 to 2009, Mr. Baldwin was the Vice President of Finance at Hegemon Capital, a special opportunity hedge fund.

Quote:
THOROLD, Ontario, March 16, 2011 (GLOBE NEWSWIRE) -- JBI, Inc. ("JBI") (OTCQX:JBII) announces that the Company has deemed it necessary to remove its independent accounting firm Ernst & Young, LLP and replace them with MSCM, LLP.

mscm.ca
(note the footer of their web pages: "An Independent Firm Associated With Moore Stephens")

Why is our CFO jerking us around with the accounting firms?

siliconinvestor.com

scion Share Friday, March 18, 2011 8:53:33 AM
Re: techisbest post# 96756 Post # of 96763

From 2005 to 2007 Mr. Baldwin was the Manager of Taxation at Moore, Stephens, Lovelace, P.A., a regional CPA firm with offices in Miami, Orlando, and Tampa.

From 2007 to 2009 Mr. Baldwin was the Vice President of Finance at Hegemon Capital, a special opportunity hedge fund that was involved in over $100 million in loan placements and equity investments.

JBI, INC. - FORM 8-K - January 4, 2010
faqs.org

Moore, Stephens, Lovelace, P.A.

As an independent firm associated with Moore Stephens International Limited, we service clients throughout the world.

mslcpa.com

MSCM is proud to be associated with the North American region of Moore Stephens International Limited.

mscm.ca

Moore Stephens Cooper Molyneux LLP - MSCM LLP

Toronto

Since 1975, MSCM LLP has provided audit, accounting, tax planning and management solutions for Canadian and international clients, and those clients have been as diverse as business itself. We've served the needs of companies large and small, public and private, at home and abroad, during all phases from start-up to maturity, through IPO and beyond.

Since the beginning, we've embraced new technologies and devoted ourselves to staying ahead of the waves of change. Today, that attitude helps us serve our many private business clients and approximately 100 publicly listed companies. It allows us to help Canadian companies reach new levels and to assist others from around the world become listed in Canada and abroad.

Our Toronto Assurance practice consists of 13 partners and more than 70 professionals. Our firm is PCAOB ("The Public Company Accounting Oversight Board" USA) and CPAB ("Canadian Public Accountability Board" CANADA) registered and we are subject to detailed reviews to ensure that our practices meet the highest standards.

moorestephens.com

JBI, Inc. to Engage Moore Stephens Cooper Molyneux LLP Replacing Ernst & Young LLP as its Independent Auditor
03/16/2011

JBI, Inc. announced that the company has deemed it necessary to remove its independent accounting firm Ernst & Young, LLP and replace them with Moore Stephens Cooper Molyneux LLP. MSCM, LLP has differentiated themselves for JBI by offering a responsive, partner-led audit team that has proven to the company's practical and timely client services.

investing.businessweek.com

siliconinvestor.com



To: scion who wrote (5712)7/26/2011 10:03:22 AM
From: scionRespond to of 53574
 
It appears that the “New Independent Registered Public Accounting Firm”, MSCM, LLP, appointed by JBI Inc., was neither “new” to JBI nor “independent”.

JBI, Inc. to Issue Restated Financial Statements

NIAGARA FALLS, Ontario, June 10, 2010 (GLOBE NEWSWIRE) -- JBI, Inc. (the "Company") (OTCBB:JBIIE) 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.


globenewswire.com

(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

mscm.ca

Moore Stephens International

Our clients compete in a global marketplace, and the number and diversity of regulations, laws and polices they must follow is tremendous. It is now virtually impossible for one firm to have all the answers that clients need. That's why MSCM is proud to be associated with the North American region of Moore Stephens International Limited. [ Link to - moorestephens.com ]

mscm.ca