Yes friend, those abusive naked shorters aren't happy
Yes friend, those abusive naked shorters aren't happy ridding this billion dollar baby all the way down from +$6.00 to a dime for a +98% gain. They just have to stick it out and take significant risks for that remaining %1.
In the meantime, JBI couldn't find any possible way to raise the $200K needed to repair their idle processors. Not by selling cheap shares in PIPEs, not by having JB read tapes, not by using their long list of eager buyers to convince someone to give them a loan . Neither Heddle nor JB could bother making the loan, and JB isn't exactly cash-poor.
Would Heddle really rather see his $3M loan go down the crapper rather than loaning another $200K? Couldn't JBI have found enough buyers if discounted shares, say at a penny, to come up with that cash?
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