As of 5:20 PM 06/19/13 All times are local (Market data is delayed by at least 15 minutes).

JBI%2C%20Inc.%20%28OTCPK%3AJBII%29%20announced%20a%20private%20placement%20of%202%2C000%2C000%20of%20series%20B%20convertible%20preferred%20stock%20at%20a%20price%20of%20%243.50%20per%20share%20for%20gross%20proceeds%20of%20up%20to%20%247%2C000%2C000%20on%20December%2027%2C%202012.%20Each%20preferred%20share%20will%20be%20convertible%20into%207%20common%20shares%20of%20the%20company%20and%20has%20a%20mandatory%20conversion%20date%20of%20June%2030%2C%202014.%20The%20preferred%20shares%20do%20not%20bear%20dividends.%20The%20preferred%20shares%20entitle%20the%20holders%20to%20a%20preference%20upon%20liquidation%20equal%20to%20%243.50%20per%20share.%20The%20preferred%20shares%20will%20be%20issued%20under%20Regulation%20D%20and%20Regulation%20S.%20The%20financing%20is%20expected%20to%20occur%20in%20multiple%20closings%20on%20or%20before%20January%2031%2C%202013.%20No%20brokers%20and%20finders%20will%20be%20involved%20in%20the%20financing.%0D%0A%0D%0AOn%20the%20same%20day%2C%20existing%20investors%20Friedman%20Kenneth%20T%20subscribed%20for%2071%2C429%20shares%2C%20Ishimaru%20Asami%20subscribed%20for%2057%2C143%20shares%2C%20Linden%20Craig%20subscribed%20for%2057%2C143%20shares%2C%20Murdoch%20Duncan%20D%20subscribed%20for%2086%2C000%20shares%2C%20and%20Meyer%20%26%20Doreen%20Luskin%20Family%20Trust%20subscribed%20for%20342%2C857%20shares.%0D%0A%0D%0ABetween%20December%2027%2C%202012%20and%20December%2031%2C%202012%2C%20the%20company%20has%20issued%201%2C146%2C444%20preferred%20shares%20for%20%244%2C012%2C554.%20The%20minimum%20investment%20accepted%20from%20any%20outside%20investor%20is%20%24150%2C500.%20The%20tranche%20saw%20participation%20from%2015%20investors.%0D%0A%0D%0AAs%20of%20January%2010%2C%202013%2C%20the%20company%20announced%20that%20it%20has%20raised%20%244%2C012%2C554%20from%2015%20investors%20and%20it%20will%20raise%20total%20gross%20proceeds%20of%20%248%2C050%2C000.%20Minimum%20investment%20accepted%20from%20any%20outside%20investor%20is%20%24150%2C500.%0D%0A%0D%0ABetween%20January%2011%2C%202013%20and%20January%2016%2C%202013%2C%20the%20company%20has%20issued%201%2C153%2C556%20shares%20to%20several%20accredited%20investors%20for%20gross%20proceeds%20of%20%244%2C037%2C446.
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Date Range for Stats (06/19/2013 to 06/19/2013)
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0 Number of Dividends Paid
$0.00 Dividends Paid Per Period
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Stock Quotes
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JBII:US
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$0.44 USD |
-0.03 |
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