John B. Offers Insight on Facebook

John Bordynuik is truly an open, honest, transparent and rare CEO. The following exchange provides important insight into this remarkable man's management style and philosophy.

Complete thread from JB on FB:

John Bordynuik In this market, completing PIPEs are nearly impossible. Almost everything is a registered direct. We would loved to have `repriced` the PIPE however it would have taken over a month to complete a new offering -- well beyond when the balloon debt was due. This would have triggered a 10M share exchange (my shares) as collateral.
3 hours ago · Comment

Tj Henry
John, so we have clarity over on IHUB, can you comment here how many shares you still own after having returned 31 million to the company? TIA.
about an hour ago

John Bordynuik
I bought the company with 40,250,000 + purchased some = 41,000,000. I haven't sold any but did return 31M shares to date. I have approx. 10M shares left. The issued shares are less than 50M shares, much LESS than when I bought the company. I do expect the share count to rise over time to what I bought the company at (but through large financing for... See More P2O ie: $15M , $150M, etc..). Laddered at the rate I can roll out growth to map with earnings to support the stock. This company is worth a lot for having a issued share count less than when I bought it.
55 minutes ago

John Bordynuik
BTW: I still need to figure out the right ladder financing: a registered direct for $15M at @ $5, or 8-12/share? , then show earnings for sites, then next finance at $150M for ???. No idea yet.
54 minutes ago

John Wesson
IMO, once Up-List is complete, PAK-IT roll out and advertising initiated, and first operational P2O site set, price should jump again to new highs. Demonstrated revenue from P2O could jump the price in huge levels. It might be worth waiting to see how the trades go before deciding. It is possible that if price jumps enough, a direct might be done for more than $12/share.
17 minutes ago

John Bordynuik
Hi John (on my way to the newark airport). You know me by now - we are trading on the wild west so I am allowed to release news anytime I want without a ceasetrade for 15 mins. I learned a lot from the MM so this is going to be fun. We'll see when the time is right.

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