The problem is that JB has done nearly as much har
Post# of 43066
Posted On: 10/15/2013 7:03:35 AM
The problem is that JB has done nearly as much harm as good on this journey. Individual investors have no part in the success or demise of JBII. It is strictly up to management. Management of the technology has been good. Management of the business has been a mess and largely self-inflicted. I do believe there are entities that will exploit management missteps to the detriment of the company. It just means that management must be more careful and more open than it has been.
Shareholders should not be required to sing the praises of management when it is not warranted. That is a wrong-headed view of the role of shareholders.
I've done my part. I have had quite a few individuals invest in this company. My recommendation was made way too early. The technology was not proven. All these people, even those who invested last, are under water.
I have also asked friends who are teachers to support the ColorCyclye program. I did my part to put JBI in touch with the people at Columbia U.
I've done my part and feel I have earned the right to be upset with the mischaracterizations management has put forward to shareholders. I don't see how anyone can deny that these misrepresentations were made. How many polls took place on the boards that were wildly optimistic and so far removed from reality?
Still waiting to see a business plan that makes sense. That will require proven technology first. Hopefully the technology will work well enough to allow profits to be realized and long-term shareholders to be made whole.
Shareholders should not be required to sing the praises of management when it is not warranted. That is a wrong-headed view of the role of shareholders.
I've done my part. I have had quite a few individuals invest in this company. My recommendation was made way too early. The technology was not proven. All these people, even those who invested last, are under water.
I have also asked friends who are teachers to support the ColorCyclye program. I did my part to put JBI in touch with the people at Columbia U.
I've done my part and feel I have earned the right to be upset with the mischaracterizations management has put forward to shareholders. I don't see how anyone can deny that these misrepresentations were made. How many polls took place on the boards that were wildly optimistic and so far removed from reality?
Still waiting to see a business plan that makes sense. That will require proven technology first. Hopefully the technology will work well enough to allow profits to be realized and long-term shareholders to be made whole.
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