Tuesday, March 2, 2010

John confirms OS & AS numbers


From John on Facebook:

On April 23, 2009, I acquired JBII with 63.7M issued and outstanding shares. The TA has now confirmed that a total of 31M of my shares (as stated in our PRs) have been cancelled. The company now has PakIt, Javaco, P2O, and the tape business, cash, all accretive to JBII with an issued share count of 50,102,200. The outstanding unrestricted is the same count when I bought the company.

...and we still have 13M shares we can issue for accretive investments or acquisitions before we match the original issued shares of the company.

JBII: The TA states we have 23,450,000 unrestricted shares as of yesterday. If you look at the shell company filings (page 5), as of Dec 2008, 310 Holdings Inc had 21,000,000 + 2,450,000 unrestricted shares = 23,450,000 unrestricted shares. No common stock has had the restricted legend removed in the last year.
http:/.../www.sec.gov/Archives/edgar/data/1381105/000118518509000498/holding310-10q33109.htm

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