Quote:kept the dilution to a min and retained the value of the company/technology for the shareholders.
WTF?!?!?! On what planet? Do people just make up imaginary universes to distract themselves from the facts?
Sad Fact #1 : JBII DOWN 80% since Heddle became CEO on August 15, 2013
Sad Fact #2 : "On June 24, 2014, JBI, Inc. (the “Company”), the Company filed a Certificate of Amendment to its Articles of Incorporation to increase its total number of authorized shares of common stock from 150 million shares to 250 million shares. "
http://ih.advfn.com/p.php?pid=nmona&article=62712242
80% of the value for shareholders has been LOST since Heddle took over.
Heddle okayed what will amount to a sudden 67% dilution.