Thanks for the info! Looks like private investors
Post# of 1536
Looks like private investors have decided J3 is valid, because we see 22 mil shares issued, yet there's no public market for it, so (Accredited) Investors, be it in a PP or via Convertible Notes, must have faith in the company somehow, otherwise they wouldn't have invested their hard earned money, right?! Even if the investment/loan is done on arm' length it still means that people who are close to him see beef in this venture! To me it doesn't matter where the cash is coming from as long it serves to build J3 & to relieve us GTGP'ers from the dreaded Grey's I'm ok with it. IMO
Downside is that since J3 is private we won't know any details, but on the other hand, we can clearly see those 22 mil shares, and they have to come from somewhere, no?! Thats a vote of confidence to me! Despite what the Ihub rats say; his shop isn't broke, he is clearly alive, projects are being done, and it isn't like B2B says on Ihub that MBS hasn't seen any revenue since 2007, because a while back they had +$300k in revenue. Lots of disinformation from 'the other side'! Like JCWillis, he cried for a year that "Battelle has a better product" & "they'll never work with MBS", to then see Battelle working with J3/MBS/GTGP LOL
Why is that?
At first I thought they were shorters, and although they are they're also the ones that invested in J3... bashing the stock to get more shares in their equity agreement (of those 22 mil shares)! No other reason for the rats to stay that long!