If we assume that the transcript excerpt claimed to be from JB's recent court testimony is genuine, it appears that he has sold 850,000 shares of JBI stock.  Nonetheless, the company's SEC filing from earlier this week reflects the same ownership level as ten months ago.  Something here isn't kosher.  Does anybody here know whether (and when) he has sold stock?

Am I the only one bothered by the thought that JB has sold 850,000 shares?  Sure he still owns a lot of stock but he's apparently voluntarily parted with a bunch.  And before anybody says "Well, I'll bet he's had lots of legal expenses" let me add that I'm not so sure.  The reason is that last year the company's by-laws were changed to allow for the company to indemnify employees, in addition to officers and directors.  When I saw that, I asked IR (twice) who had been indemnified under that new provision.  When I finally received an answer, I was told that information was "confidential" and that I would not receive an answer to what I thought was a pretty simple question.  So much for being open and transparent with shareholders.

Anyway, something here isn't adding up.  In the words of Ricky Ricardo, "Somebody's got some 'spainin to do."