i can't comment on the co.s founder posting on smbs >> or not
as i have no first hand knowledge of that
and i suspect unlike most retail >> i do separate out the co. from the stock (always when it comes to the OTC)
to me there are 3 distinct phases re: P2O over the past 5 years
the first phase re: P2O was mgmt's ability to transition from a table top
model to prox no. 1 with initial validation and the naive expectation
of the co.s founder that uplist out of the OTC would be easily undertaken
i have posts in May 2010 elsewhere >> that there was no way that
Naz would take audited fins from co.s prior firm
i also have posts in May 2010 elsewhere >> that the 8k out ah's
on 5.14.10 was the event that the *CON* side of the PROs >> was
salivating for
it allowed the cycle of money to once again be undertaken (after being
on hold since late Dec 2009)
i would have kept WSB myself .. but their expertise comes with a very high price tag .. but i digress
and had JB gone the *traditional* route re: the street and given up
50 percent +
JBI would have been *groomed* for an IPO .. that most likely would
have debuted some time in 2015 or 2016
instead we had over 30M shares returned by co. founder to *fund*
co.s transition and time lost to various entities whose goals would
never align with *retail investors*
the second phase (for me) pertains to co.s initial survival (2011 to 2012)
the third phase .. is the one we are currently in
it started with that open letter by a former director on 7.9.13 *imo* that wrested back the co. from the brink
what most retail can't recognize .. is that an OTC stock is totally separate from a co. and that those who do manipulate can almost
always *outlast* both legit mgmts and *retail*
that awareness only comes from years of DD on the rigged game
re: wall street
that said >> if 3 works (flagship) this particular rigged game is over ..
but b4 we are there >> there has to be a plan in place to market P2O
from start to finish
which is why when RH indicated *for the first time* last Aug during his first CC
that sale of prox might be considered
it came as no surprise to me
an analyst friend had reviewed the company's website at my request
and that was their suggestion
at this stage (2 years ago or so now) micro managing P2O would require tremendous resources and a level of sophistication not on tap
it's very clear to me >> by those who prefer total destruction of both the company and the pps
that draining ALL resources (including energy and morale) has been ongoing since early 2010
that too will have an impact on judgment
bottom line is what is underway since co. wrested back last July/Aug
my expectations are very clear and why my expectation re: hiring
of the CFO in March 2014 was the beginning of a sequence of
material events that can't be misinterpreted
it's also why i said to those who asked my opinion that i'd take
the date of the CFO's filing and add 90 days for the K to be filed
i'd expect the Q to be filed within 48 hours of the K being filed
zero doubts that *crew* had planned to orchestrate off the K
the irony there doesn't escape ..
over the weekend i had a chance to check out the top 10 stox *elsewhere*
specific to SS and market cap
fascinating to see just how *low* JBI's market cap is to say nothing
of their share structure
lastly i'll be very clear
i want to see how JBII (stock) is handled >> with the first asset sale
or P2O .... which i would expect comes to pass in 2014
the cynic in me rises
4kids
as i have no first hand knowledge of that
and i suspect unlike most retail >> i do separate out the co. from the stock (always when it comes to the OTC)
to me there are 3 distinct phases re: P2O over the past 5 years
the first phase re: P2O was mgmt's ability to transition from a table top
model to prox no. 1 with initial validation and the naive expectation
of the co.s founder that uplist out of the OTC would be easily undertaken
i have posts in May 2010 elsewhere >> that there was no way that
Naz would take audited fins from co.s prior firm
i also have posts in May 2010 elsewhere >> that the 8k out ah's
on 5.14.10 was the event that the *CON* side of the PROs >> was
salivating for
it allowed the cycle of money to once again be undertaken (after being
on hold since late Dec 2009)
i would have kept WSB myself .. but their expertise comes with a very high price tag .. but i digress
and had JB gone the *traditional* route re: the street and given up
50 percent +
JBI would have been *groomed* for an IPO .. that most likely would
have debuted some time in 2015 or 2016
instead we had over 30M shares returned by co. founder to *fund*
co.s transition and time lost to various entities whose goals would
never align with *retail investors*
the second phase (for me) pertains to co.s initial survival (2011 to 2012)
the third phase .. is the one we are currently in
it started with that open letter by a former director on 7.9.13 *imo* that wrested back the co. from the brink
what most retail can't recognize .. is that an OTC stock is totally separate from a co. and that those who do manipulate can almost
always *outlast* both legit mgmts and *retail*
that awareness only comes from years of DD on the rigged game
re: wall street
that said >> if 3 works (flagship) this particular rigged game is over ..
but b4 we are there >> there has to be a plan in place to market P2O
from start to finish
which is why when RH indicated *for the first time* last Aug during his first CC
that sale of prox might be considered
it came as no surprise to me
an analyst friend had reviewed the company's website at my request
and that was their suggestion
at this stage (2 years ago or so now) micro managing P2O would require tremendous resources and a level of sophistication not on tap
it's very clear to me >> by those who prefer total destruction of both the company and the pps
that draining ALL resources (including energy and morale) has been ongoing since early 2010
that too will have an impact on judgment
bottom line is what is underway since co. wrested back last July/Aug
my expectations are very clear and why my expectation re: hiring
of the CFO in March 2014 was the beginning of a sequence of
material events that can't be misinterpreted
it's also why i said to those who asked my opinion that i'd take
the date of the CFO's filing and add 90 days for the K to be filed
i'd expect the Q to be filed within 48 hours of the K being filed
zero doubts that *crew* had planned to orchestrate off the K
the irony there doesn't escape ..
over the weekend i had a chance to check out the top 10 stox *elsewhere*
specific to SS and market cap
fascinating to see just how *low* JBI's market cap is to say nothing
of their share structure
lastly i'll be very clear
i want to see how JBII (stock) is handled >> with the first asset sale
or P2O .... which i would expect comes to pass in 2014
the cynic in me rises
4kids
