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Jupiter boats stock

Old 01-11-2008, 02:05 PM
  #1  
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Default Jupiter boats stock

Carl Herndon announced that the stock swap with Diamond Exchange is off. We still own stock in a boat company. That is a good thing I think. Quality will win in the long run.Item 1.02 Termination of a Material Definitive Agreement

On January 3, 2008, the Company terminated the Acquisition Agreement
and Plan of Merger by and among the Company, Jupiter Marine Sub Corp. and
Diamond Information Institute, Inc. dated July 3, 2007. The merger agreement has
been abandoned by the Company pursuant to Section 6.1(a) thereof, which provided
for the abandonment of the merger by the Company in the event the merger was not
completed on or before December 31, 2007. Pursuant to the termination of the
merger agreement, the Company has also terminated the Share Exchange Agreement
dated July 3, 2007 and all other transactions related thereto.

Item 9.01. Financial Statements and Exhibits

Hey this is a cheap stock. Lets support this stock and keep these guys going.

disclaimer I own almost $100 worth of the stock. LOL

I am going to throw play money at it. Just to have an independent builder who can keep it's doors open would be worth it to me. Laird

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Old 01-11-2008, 02:17 PM
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Default Re: Jupiter boats stock

Sorry I only have $56.00 in the stock.

JMIH JUPITER MARINE INTL HLDGS IN Cash 800 0.07 56.00 0.00(0%)
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Old 01-11-2008, 02:28 PM
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Default Re: Jupiter boats stock

Wow. That is bad if you can choose between buying 100 shares of JMIH or a combo meal at McDonalds.

Are they still producing product? I've always liked them.
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Old 01-11-2008, 02:41 PM
  #4  
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Default Re: Jupiter boats stock

Yeah, I was amazed. Hey next week I will own 10000 shares of a boat builder.....yuk yuk. seriously the stock market sucks right now. I've got some excess $ and I can not think of a better buy. I could leave it at 4.5% MMF but WTF. My daddv always said buy what you know. I rode on a Jupiter once and it was a really good boat. At $0.7 per share I do not see the downside. Heck market cap is only 1.4 million. Look at sales/cash flow. Damn.

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