I posted this on the 9-4-09 and i cant beliver the board would try it again only this time they got there "Pants" pull down.
The board try this same deception back in 16-10-08..Jackgreen confirmed it had been approached on behalf of parties wishing to hold discussions regarding the company ownership.
20-10-08 Jackgreen went into trading halt.
shareholders were in the belief that a takeover was on the table.
21-10-08 Announcement.. Jackgreen raises funds for new product initiatives... Nothing about a takeover or approachies from any interest parties.
That deception was just to help raise the funds, And have the investors think a takeover and a quick profit was on the table.
JGL Price at posting:
12.5¢ Sentiment: Hold Disclosure: Not Held