From N.Y., John B. shares his up-listing thoughts

As Company investors know, John B. has expressed his desire to up-list JBII on to a senior exchange as soon as possible. He recently indicated in a press release that the AMEX seemed to be the quickest way. John is very forward-thinking and always wants to do what he perceives is BEST for JBI and the shareholders. Therefore, on his trip to N.Y. to meet with AMEX officials to discuss, and possibly apply, for AMEX up-listing, he proceeded to meet witn NASDAQ officials and conduct due diligence on the NASDAQ possibility. It is always extremely important to him that he understands all the implications of his decisions and thus, he strives to make the decision that would be most beneficial for JBII shareholders. It isn't known yet as to which up-listing direction he will ultimately choose, but investors should know SOON.

Sent via Facebook this evening, John shares his thoughts:

Quick update: It has been quite an intense week. I met with both the NASDAQ and AMEX exchanges. Both provided compelling reasons to list on their exchange. I drilled deeper to determine what value-adds and extra resources they make available to support listed companies. In addition, I wanted to know more about how trading works internally, the layers and connectivity to market makers
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This afternoon our securities lawyer met with me and I spent an hour with a market maker live to better understand the underlying exchange trading systems, the APIs, and then finally the layers algorithms used by the market makers and then the manual interaction with their systems.

The pps needs investors, not traders. I'm not concerned about the daily fluctuations in the stock price - I am focused on our long-term revenues and earnings. There will be profit taking after trading at $1.2 for 5 months and then popping to $7. We've done really well and I am happy with where we are. Like always,. I am working for our loyal shareholders, not the traders. You can be sure I want off the OTC and as fast as possible.

I'll post pictures later and provide more detailed information which should be useful to our investors and my DD should enlighten and dispel myths. I also met with investment banks. I am tired so I'll post detail tomorrow.

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