Posted On: 06/27/2014 12:06:39 PM
Post# of 43065
"No it isn't. JBI was an iffy, overhyped company to begin with. Bad management destroyed it."
I might have given Janice Shell too much credit in the past. It wasn't bad management which destroyed JBI. The problem in these stocks invariable happens earlier than that. Fake claims are hyped up to pull in investment money and the scam continues until people run out of money or are no longer willing to fund it. Bad management had nothing to do with JBI's destruction. There was never anything of value in the company from the start.
If Mr. Bordynuik's claims of 90% gross margins were true, it wouldn't matter how bad the management was.
I might have given Janice Shell too much credit in the past. It wasn't bad management which destroyed JBI. The problem in these stocks invariable happens earlier than that. Fake claims are hyped up to pull in investment money and the scam continues until people run out of money or are no longer willing to fund it. Bad management had nothing to do with JBI's destruction. There was never anything of value in the company from the start.
If Mr. Bordynuik's claims of 90% gross margins were true, it wouldn't matter how bad the management was.
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Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product and/or technology even more revolutionary.
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