Posted On: 08/08/2014 12:00:53 PM
Post# of 43066
I'm not a believer in charts/technical analysis at all. However August is historically the month when Mr. Bordynuik chose to thrill investors and get them re-excited. All the way from announcing the Donghe machine is on its way from China in August 2009; to having only a simple air permit stand in the way; to cash flow positive being imminent; to the flagship processor, the only remaining obstacle to cash flow positive, being launched; etc.... After August, investors won't expect much from the third quarter and Mr. Bordynuik can then rest until the 10K is due late March before coming up with a new promising story.
Plus current trusting shareholders being weary without good news for a while and looking for any glimmer of hope makes them ripe for another picking.
Change in CUSIP/name/ticker to hide JBI's history and I think Mr. Bordynuik and Mr. Heddle are getting ready to launch another fundraising campaign to look for more 'donations'.
I don't doubt there may be a good spike...although I don't think the chart has anything to do with it.
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Plus current trusting shareholders being weary without good news for a while and looking for any glimmer of hope makes them ripe for another picking.
Change in CUSIP/name/ticker to hide JBI's history and I think Mr. Bordynuik and Mr. Heddle are getting ready to launch another fundraising campaign to look for more 'donations'.
I don't doubt there may be a good spike...although I don't think the chart has anything to do with it.
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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.
