it's all about the *cover* basic rule of thumb .
Post# of 43064
basic rule of thumb .. they never cover one second b4 being forced to do so
if *legit* sells of substance had actually come to pass .. JBII would have seen *volume*
that at least *matched* >> prior (orchestrated) record setting *volume* done in Jan 2012
(sec complaint) and April 2011 (set up for the *run* into WN)
i also need to stress there are multiple entities in play re: JBII (stock)
imo this entity (too) has access to real time level 3 .. imo they noted something in Sept 2012
that started the unrelenting snorting/compression .. that continues to this very day ..
(with one exception .. the *sec settlement* in Jan 2013 .. when JBII was *run* to 1.49 and
then reset again)
imo mgmt has to issue a sequence of material events .. which even the whiners will understand
first is clearly financing .. imo burn rate will be approx 600k per month going forward .. (sop expenses)
2nd is to seat (even partial) indy BoD candidates (clearly like was done previously a compressed PPS is done to thwart mgmt's efforts)
3rd is an audit done on 3's ops (this is expensive and imo won't be undertaken without a $cushion)
4th is balance of indy BoD seated
5th is a combo of a cash div .. co. stock buyback and insiders buying and filing
6th is the sale of prox 4 or 5 or both ..to X co. @ Y price tag
7th is zero notice re: uplisting out of the OTC cesspool
my expectation is that financing is the next 8k filed ..
i would like to see mgmt undertake regular (4 to 6 week intervals) updates
time frame for me for the above .. by eo 2nd Q (6.30.14)
they report annual (2013) in March 2014
and file Q1 (2014) in May 2014 ..
imo proof of concept was given via the AGM in Dec 2013
what should follow changes the dynamics in total .. uplisting
(which multiple colluding entities have tried to prevent since 2010/2011)
also forces a *partial* cover >> the sale of one processor >> sets the stage
for imo early adopter status that will only be known/shown when we have true
comps based on others IPO'ing (A co. and Dow's endeavor come to mind)
imo early successful adopter in the P2O sector .. creates generational wealth
if JBI's share structure remains @ the 150M level or below .. they can do cash
divs to create a little *pain* >> and then do forward splits due to *legit* street demand
post uplist ..
but one thing at a time .. financing imo is next ..
4kids