Ticker: JLN -> JCLN -> JCLY

"We intend to treat stockholders holding our common stock in street name in the same manner as record holders. Prior to the effective date of the Transaction, we will conduct an inquiry of all brokers, banks and other nominees that hold shares of our common stock in street name, ask them to provide us with information on how many shares held by beneficial holders will be cashed out, and request that they effect the Transaction for those beneficial holders." "We intend that payments to Cashed Out Stockholders and the costs of the Transaction will be paid from cash on hand and from funds under our existing revolving loan agreement with TD Banknorth, N.A."

The Definitive proxy has been issued and the vote date is May 7, 2008. - 04/07/2008

The company filed its delisting notice on 5/7.

"The Company filed certificates of amendment to its certificate of incorporation with the Secretary of State of Delaware to effect the Transaction on May 19, 2008. The reverse stock split became effective at 11:58 pm. EST on May 19, 2008 and the forward stock split became effective at 11:59 pm. EST on May 19, 2008. After the effectiveness of the Transaction, stockholders holding less than 250 shares of Common Stock immediately prior to the reverse stock split are entitled to a cash payment equal to $10.21 per whole share of Common Stock, without interest... Based on the information available to the Company, the Transaction reduced the number of record holders of the Common Stock to fewer than 300. " - 5/20/2008