A fascinating and relevant exchange from "the othe
Post# of 43064
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PROs are literally marking their wash trades and resets
No such thing here, the security is traded by retail only, and nobody is interested in a dead company.
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FUMES and a total *DUD* re: last *orchestration* >>
comes to mind once again
Yes the 10K clearly points out that JBII is on fumes and a total dud, orchestrated well in keeping shareholders in the dark as to no operations and broken equipment, nothing like keeping material events away from those who need to know these things.
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zero follow thru re: *volume* re: orchestration
Agreed a failure on their part to follow through by getting this security back into reporting standards, a 10Q should have been filed the same day as it requires no auditing and the only thing added would be the just the financials, all other items would have been addressed n the 10K. Quite the failure on their part.
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pattern *recently* >> hasn't been to mark *short* ..
more than one day .. how revealing smoke and mirrors aren't *cooperating*
Yes smoke and mirrors on the part of those trying very hard to blame everything but the failing company and it's continued losses and of course now no operations, quite the dead end as this point.
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today JBII had a 7th straight day reg sho marked above 30%
FUMES b4 raid >> Bogus BS post raid ..
20140609|JBII|24800|0|68600|O 36.15%
20140606|JBII|71100|0|130900|O 54.31%
20140605|JBII|45208|0|150272|O 30.08%
20140604|JBII|392798|0|1007854|O 38.97%
20140603|JBII|17451|0|38813|O 44.96%
20140602|JBII|16200|0|40850|O 39.65%
20140530|JBII|25800|0|58925|O 43.78%
oh the ironies re: RBC's *clamp* ..
Daily Reg SHO? This meaningless report doesnt show anything, who cares as to the owner or physical possession of the security as the principle on the initial leg of a trade transaction? Any transaction outside ones own brokerage require an MM to complete their transaction at the second tier in the centralized OTC Market will result in complying with SEC Rule 200. With Riskless Principal transactions not separated, the data is quite meaningless and points to absolutely nothing specific going on here.
FINRA and the SEC makes it quite clear the data is quite useless for determining exact cause and effect, not even FTDs can be pointed to a specific cause.
This tanked because shareholders sold when the 10K revealed there were no sales, the equipment is broken, no cash to fix it, and it will be some time if ever it will be resolved. Further no follow through with a 10Q leaving this quite exposed for and still in delinquency.