Hi WhiteyFinally a contender Lets take this apart one step at a...

Hi Whitey

Finally a contender Lets take this apart one step at a time

OK you say "Generating 800k profit per annum." Where did you get that figure . IPO document says $654,603 before tax and you would have to take that profit with a bag of salt not just a pinch

50% of JSB was acquired from HGL for 3 million shares in FOS making JSB valued at $1.5 million

JSB LOST $500,000 last year and is expected to continue to loosing money . Quite possible that the FOS alleged profit will not exist this financial year , could even be a mega loss considering Covid

JSB has a net asset backing of NEGATIVE $300,000


FOS now is responsible for half or $2 million of JSB liabilities and handed over 3 million shares or cash value $750,000 for the privilege
of turning around a loss making company that has NEGATIVE assets

As aside note. HGL the seller of 50% of JSB a liquidators dream cant make money to save its own skin making a loss of $10 million

Care to respond to just this bit before we continue