Thursday, January 21, 2010

CEO comments on NASDAQ visit


John Bordynuik has not yet provided his opinion as to on which exchange he would like to up-list. He has examined all avenues and he will likely let investors know his decision soon.

Sent from Facebook regarding his N.Y. trip:

When we met with the NASDAQ they provided this presentation for JBI. NASDAQ did not have security badges like the AMEX did. Funny story about this. I was advised by Jordan Saxe, Managing Dir of NASDAQ, that he learned about our company when we PR'd that I was meeting with the AMEX. He advised me that NASDAQ owns Globalnewswire (the service we use) and when he saw our PR he looked into JBII. About 2 weeks ago I received an email from him that NASDAQ would like us to submit our application to list.

Jordan Saxe's background information:

Jordan Saxe is the Director of the Americas for The NASDAQ Stock Market, responsible for leading business development efforts in international listings across all sectors. He brings over five years of experience within the exchange field, to bear on his work in guiding companies and their legal financial advisors on the process of listing on the U.S.’s largest electronic market. His focus on working with early stage companies to maximize the financing and visibility opportunities that can be provided by public capital markets means he also works very closely with venture capital, private equity and investment firms to educate them on the liquidity options NASDAQ can provide. His background is in investment research and capital markets. Mr. Saxe works with companies by providing value-added consultative services. He analyzes and interprets market transaction and performance data, and educates companies on the benefits of NASDAQ. Mr. Saxe completed his Bachelor of Science in Business administration from the University of Vermont (2002) in addition he is a member of the University of Vermont Regional Board, and Co-Chair of Big Brothers Big Sisters Corporate Sponsorship Committee.

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