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To: SteveF who wrote (7119)5/9/2011 2:41:32 PM
From: BuckeyRespond to of 53574
 
and the stock is a penny off HOD at 3.94 wowsa I was out most of day. This really hurts my head to try and conspetulize why someone would $4 for this



To: SteveF who wrote (7119)5/9/2011 2:45:42 PM
From: scionRead Replies (1) | Respond to of 53574
 
I'm sure the SEC will be checking the DEF 14A very closely. The audit committee should be above reproach, and yet the DEF 14A shows discrepancies in the ownership filings compared to the other SEC filings.

JB really threw all of his BOD members under the bus with that Def14a. None of the purchase prices jive with their individual SEC filings.

REPORT OF THE AUDIT COMMITTEE

The Audit Committee has reviewed and discussed the audited financial statements for fiscal years ended December 31, 2010 and 2009 with JBI’s management.

The Audit Committee has discussed with the Company’s independent auditors the matters required to be discussed by the Statement on Auditing Standards No. 61, as amended (AICPA, Professional Standards, Vol. 1, AU section 380), as adopted by the Public Company Accounting Oversight Board in Rule 3200T.

The Audit Committee has received the written disclosures and the letter from the Company’s independent accountants required by Independence Standards Board Standard No. 1 (Independence Standards Board Standard No. 1, Independence Discussions with Audit Committees), 2 as adopted by the Public Company Accounting Oversight Board in Rule 3600T, and has discussed with the independent accountant the independent accountant’s independence.

Based on such review and discussions, the Audit Committee recommended to the Board of Directors that the audited financial statements be included in the company’s annual report on Form 10-K for the last fiscal year for filing with the SEC.

Respectfully submitted,

James Fairbairn
John Wesson
Robin Bagai

page 8
sec.gov