it has been interesting to read all the posts concerning JB on this thread. Posters may be interested to know that JB has been busy elsewhere while all this drama was panning out. There was an ASX IPO for a US based Candy operation (ASX:CLB) late in 2018 which advised that JB was to be a future non-executive appointee to the BoD and would be paid $40k + super for his services. JB also featured as an investor in CLB with an approx. 5.89% equity interest.. Subsequently JB was appointed to the BoD on 7 Feb 2019 and resigned on 28 Feb 2019 after a difference of opinion with one of the other non-executive directors related to their involvement a separate and unrelated company. JB's declared shareholding on appointment was 6.534,682 ordinary shares (@ the IPO price of $0.20 this would equate to an investment of $1.3m). The last sale price was $0.125 so IPO investors are underwater for 40m @ $0.75 = $3.0m less than 4 months later. February seems to have been a busy month for JB.
BID Price at posting:
85.5¢ Sentiment: None Disclosure: Not Held
