To: SteveF who wrote (6559 ) 4/21/2011 1:15:36 PM From: scion Read Replies (3) | Respond to of 53574 ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERSThe following table provides the names of each person known to us to own more than 5% of our outstanding shares of common stock as of December 31, 2010, and by the officers and directors, individually and as a group. Except as otherwise indicated, all shares are owned directly. Name And Municipality of Residence Position with the Company Director Since Principal Occupations During the Preceding Five Years Number of Securities Beneficially Owned Directly or Indirectly or Over Which Control or Direction is Exercised Percentage of Common stock Held James Fairbairn(1) Director January 3, 2011 Chief Financial Officer of CGX Energy, Inc. 302,481 Common stock 0.6% John Wesson(1) Director February 12, 2010 BSA Associate, Bank Leumi USA 826,704 Common stock 1.6% Robin Bagai(1) Director April 30, 2010 Clinical Psychologist 56,040 Common stock 0.1% John Bordynuik President, Chief Executive Officer, Director April 24, 2009 Chief Executive Officer of JBI 8,276,846 Common stock 1,000,000 Series A Preferred Shares(2) 16.15% Jacob Smith Chief Operating Officer, Director February 12, 2009 Chief Operating Officer of JBI Course Instructor at Davenport University 100,000 Common stock 0.2% Ronald Baldwin(3) Chief Financial Officer N/A Chief Financial Officer of JBI Vice President of Finance of Hegemon Capital 0 0% Total: 9,562,071 Common stock 1,000,000 Series A Preferred Shares 18.65% Notes: (1) Members of the Audit Committee, Compensation Committee and the Nominating Committee. (2) John Bordynuik owns 100% of the issued and outstanding Series A Preferred Shares of the Company. (3) The Company accepted Ron Baldwin’s resignation as Chief Financial Officer on April 6 2011. Changes in Control We are not aware of any arrangements that may result in a change in control of the Company. page 64sec.gov