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Clay,would you do a video on JAMN? Wondering what's your take on it.
PPTO, a very low priced, revenue based oil junior. Prone to furious spurts occasionally. I pick it up during its quiet periods. Thanks to a press release at 4pm on a Friday, I have to think it is going to do something next week. Just my opinion.
JBIIE -- JBI, Inc. to Hold Earnings Conference Call
NIAGARA FALLS, Ontario, July 16, 2010 (GLOBE NEWSWIRE) -- JBI, Inc. (the "Company") (OTCBB:JBIIE - News) announced today that Chief Executive Officer John Bordynuik will host a conference call to discuss the Company's financial results for the fiscal 2010 first quarter ended March 31, 2010.
The call information is as follows:
•Date: Wednesday, July 21, 2010
•Time: 4:30 p.m. Eastern Daylight Time
•Dial-in number for US/Canada: 1-877-407-8035
•Dial-In number for international callers: +1 201-689-8035
•Conference ID: 354160
The call will also be available in real time via webcast over the Internet at: http://www.investorcalendar.com/IC/CEPage.asp?ID=160560.
A recording of the call will be made available on the Company website (www.jbiglobal.com) for those who are unable to participate.
The Company would like to address as many questions from the investment community as possible during the call and therefore inquiries may be submitted via email to questions@jbi-ir.com by noon EDT on Tuesday, July 20, 2010. Any questions that are not addressed during the call will be addressed by JBI's Investor Relations personnel following the call.
About JBI, Inc.
JBI, Inc. is a technology company focused on injecting intelligence into existing products and processes, making them efficient and profitable. JBI seeks to innovate new solutions to issues facing today's world, including environmental concerns. JBI currently has four business lines including JBI's tape data recovery, JAVACO, PAK-IT LLC and our planned Plastic2Oil business. Information on our company and all of our products and services can be found at www.jbiglobal.com.
Forward Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act. The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees as of 1995. Those statements include statements regarding the intent, belief or current expectations of JBI, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Such risks include, but are not limited to: (1) JBI has a history of net losses, and may not be profitable in the future; (2) JBI may not be able to obtain necessary licenses, rights and permits required to develop or operate our Plastic2Oil business, and may encounter environmental or occupational, safety and health conditions or requirements that would adversely affect its business; and (3) JBI may experience delays in the commercial operations of its Plastic2Oil machines and there is no assurance that they can be operated profitably.For a more detailed discussion of such risks and other factors, see the Company's amended Annual Report on Form 10-K, filed on July 9, 2010, with the Securities and Exchange Commission, and its other SEC filings. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contact:
JBI, Inc.Investor RelationsJohn Zervas(877) 307-7067jpz@jbi-ir.com
JBII: Complete DD:
For those interested, we have deeper DD here:
Executive Summary and Hot Posts:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45861284
Company: http://JBIGlobal.com
1. Sole Sourced by NASA. http://www.johnbordynuik.com/case-studies/nasa
2. Impeccable reputation of John Bordynuik, CEO. http://www.johnbordynuik.com/about/team
3. Has been invited by a managing director of Nasdaq (Jordan Saxe) to uplist to the Nasdaq Exchange.
4. Has filed applications with both Nasdaq and AMEX, and wired the application fees. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46020473
5. Company is fully reporting with SEC Filings. http://knobias.10kwizard.com/files.php?sym=JBII
6. Company is Debt Free. http://www.globenewswire.com/news.html?d=180607
7. OS recently reduced by 20% to 46M. http://www.jbiglobal.com/news/2009-press-releases/20091208-jbi-ceo-reduces-outstanding-shares-by-12-million.aspx
8. CEO has returned 75% (30M) of his private shares to the company treasury.
9. Company just launched professional new website ( http://JBIGlobal.com )
10. Company's subsidiaries are structured to support each other.
11. Management highly qualified and diversified as to their talents. http://www.jbiglobal.com/our-company.aspx
12. Company products and services are Ecologically Green.
13. Company makes every effort to keep shareholders informed
14. CEO informs shareholders on FaceBook on non material developments.
15. 100% Follow through on statements made by the company.
16. Owns largest Engineering Knowledge archive in the world.
17. Has been issued patents on Pak-It concept, and a Dirty bomb detector. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41349399&txt2find=patent
18. Company owns roughly $10M worth of media credits
19. Authorized shares increased to 150M (Pro/Con, since these are needed for future acquisitions). http://www.pinksheets.com/pink/quote/quote.jsp?symbol=jbii#getQuote
20. Company is under total control by CEO. (Not sure if that is a pro or con, so I put it on both sides).
21. Transfer Agent is UnGagged. info@pacificstocktransfer.com
22. Uses Value Based Management business model.
23. Board of Directors appointed. BOD consists mainly of very qualified shareholders.
24. Acquired Fuel Blending and Distribution site that previously had $230,000,000 annual revenues: http://finance.yahoo.com/news/JBI-Inc-Acquires-Large-pz-416916477.html?x=0&.v=1
25. Michael Kaplanis hired as Vice-President, Mergers & Acquisitions and Strategy: http://finance.yahoo.com/news/UPDATING-and-REPLACING-JBI-pz-3685863318.html?x=0&.v=1
CEO:
JB1. Has spent his life working with electronics, robotics, artificial intelligence, computer hardware and software. http://www.johnbordynuik.com/BusinessNiagaraMagazine.pdf
JB2. Nicknamed 'Honest John' by various media.
JB3. Took courses at Harvard in business management/running public company.
JB4. Worked at the Ontario Legislature for 10 years.
JB5. Issued a patent for a dirty bomb detector that fits in a key fob.
JB6. Salary = $1/year
JB7. Nothing derogatory has been found in DD'ing the CEO.
JB8 Provided unique services to Paul Allen of Microsoft.
JB9. Has an IQ of 170.
JB10. Built specialized tape drives, and developed software to read legacy computer tapes.
JB11. To be guest speaker at African Petroleum Producers Association, (Represents over 100 Billion barrels of oil): http://finance.yahoo.com/news/JBI-Inc-CEO-Will-be-a-Guest-pz-3294028247.html?x=0&.v=1
Plastic2Oil: http://Plastic2Oil.com
P2O0. If only 20% of all the waste plastic dumped into landfills in the US were converted to fuel and sold it would result in revenues of $4.2B/year.
P2O1. P2O concept has been proven by other companies to work on a large scale.
P2O2. P2O Catalyst is proprietary intellectual property of the company. (Patent Pending).
P2O3. Prototype testing shows that with the proprietary catalyst, production is increased by a factor of 16.
P2O4. IsleChem (State Certified Lab) revealed to be independent validation company and contributor to company P2O Technology: http://finance.yahoo.com/news/JBI-Inc-IsleChem-pz-1168652688.html?x=0&.v=1
P2O5. Area Development Agreement for 45 P2O sites in Florida consummated.
P2O6. First P20 franchisee is an ex VP of a multi-billion dollar NYSE company that got bought out.
P2O7. Implementation cost of P2O much lower than competition.
P2O8. P2O Marine Inc. subsidiary founded, and contract with Heddle Marine signed: http://finance.yahoo.com/news/JBI-Incs-P20-Marine-Inc-Rick-pz-1364554894.html?x=0
P2O9. No competition in the ocean going P2O tanker arena.
P2O10. 45 JV Site Company in Florida expands into Clearwater, and Tampa.
P2O11. P2O Expands into Cleveland/Columbus, Ohio region: http://finance.yahoo.com/news/Ohio-P2O-LLC-Submits-a-pz-2239196307.html?x=0&.v=1
P2O12. Seasoned Sea Captain hired for P2O ship expansion: http://finance.yahoo.com/news/JBI-Inc-Hires-Experienced-pz-3900158860.html?x=0&.v=1
P2O13. Processing facility for P2O, located in New York purchased: http://finance.yahoo.com/news/JBI-Inc-Acquires-New-York-pz-2604180689.html?x=0&.v=1
Pak-It: http://PakIt.com/
PI1. Pak-It products used inhouse in all Home Depot, Sears, Staples, Regis Salons, and Michaels stores
PI2: Products: Pak-It - Fully validated by Home Depot, Staples, etc as to high quality.
PI3. Pak-It products have been tested by IHub shareholders and found to be exceptional.
PI4. Retail marketing plan in place for Pak-It rollout via Western Creative. http://www.jbiglobal.com/news/2010-press-releases/20100112-jbi-selects-western-creative.aspx
PI5. Expansion into Canada is underway.
PI6. Production automation is underway.
PI7. New production facility planned. To be built in New Jersey.
PI8. 4 Seasoned sales reps hired for Pak-It Canada launch: http://finance.yahoo.com/news/JBI-Inc-Hires-Four-Seasoned-pz-4011247930.html?x=0&.v=1
Legacy Tape Reading: http://www.johnbordynuik.com
L1. Company is currently reading thousands of tapes for NASA using specialized tape drives and software.
L2. Products: Tape reading - Fully validated by NASA.
L3. Company can read legacy tapes at 100% accuracy
L4. Company has no credible competition in legacy tape reading.
L5. Huge market exists in reading Seismic Tapes for major oil companies.
Javaco: http://www.JavaCoInc.com
J1.. Javaco is a company built from the ground up by a CEO (Judy Vasquez) who has extensive connections in Mexico and South America.
J2. Javaco listed #3,697 in top 5,000 fastest growing companies of 2007: http://www.inc.com/inc5000/2007/company-profile.html?id=200736970
J3. Javaco, Inc. 2007 revenues were $5.996 Million with net income of $229,000, which was a 33.95% increase in revenue and 207% increase in net income from 2006, when revenues were $4.476 Million with net income of $74,500.
J4. Javaco debt: the Company also paid off the debt and founder loans of its subsidiary Javaco, Inc., in an amount totaling $397,644.44 from the proceeds of the Private Offering.
J5. JAVACO, Inc. currently distributes over 100 lines of equipment from fiber optic transmitters to RF connectors. To further enhance business in the United States, new distribution lines are frequently being added including a line of home theater and audio video products. Early in 2002, JAVACO, Inc. expanded its US business when it hired Tina Tomblin, with over 20 years in the cable television industry in both operations and sales, to manage sales in the United States. Javaco will assist in establishing Plastic2Oil sites in Mexico and Latin America using its established business connections and knowledge in those areas. Javaco has access to high quality plastics generally discarded by cable television and telephone companies.
Earnings/Price Matrix:
Excel Spreadsheets:
http://lighthousenova.com/0JBIIPriceMatrix.xls
http://lighthousenova.com/0JBIIPriceMatrix2.xls
JBII -- summary of all recent PRs in my own words:
JBII has finalized a contract for 45 P2O sites in Florida, has accepted $100,000 reservation deposits to begin 3 sites immediately, is currently evaluating applications for sites in nine other states in addition to Florida, and has a contract signed and will begin a joint venture with another company to build P20 ships for global/international travel/expansion.
JBII acquired a fuel blending/distribution site on the cheap, a processing facility to launch company-owned P2O in NY, and are in the process of acquiring a profitable high tech air filtration and custom air ventilation.
JBII announced it has a new board of directors in place. Three people who are shareholders with impressive backrounds plus JBII's current COO. They also hired four sales reps for its PAK-it division and a sea captain to ovesea its P2O ships operations. JBII also hired a merger and acquisition specialist.
In other developments, JBII has sent reprsentatives to Washington to make Congressmen aware of their green technology in hopes to win support for their business. IsleChem was revealed as the name of the independent state-certified lab working on 3rd party verification. JBII CEO invited as guest speaker at African Petroleum Producers Association Event. And the annual shareholder meeting is 4/24/10, the anniversary of JBII going public.
JBII PRs GROUPED
P20 LICENSES
Contract for 45 sites in Florida:
http://finance.yahoo.com/news/JBI-Inc-Executes-Area-pz-2488167028.html?x=0&.v=1
P2O reservation deposit for Tampa, Florida:
http://finance.yahoo.com/news/AS-PTO-LLC-Accepts-pz-1206567454.html?x=0&.v=1
P2O reservation deposit for Clearwater, Florida:
http://finance.yahoo.com/news/AS-PTO-LLC-Enters-Into-pz-1883257357.html?x=0&.v=1
P2O reservation deposit for Cleveland, Ohio ara:
http://finance.yahoo.com/news/Ohio-P2O-LLC-Submits-a-pz-2239196307.html?x=0&.v=1
Nine Other States being evaluated in addition to Florida plus taking applications for more:
"JBI is also evaluating candidates for areas of Virginia, Washington, DC, Ohio, California, Arizona, Oregon, Georgia and Wisconsin"
http://finance.yahoo.com/news/JBI-Inc-Begins-Taking-pz-4196081035.html?x=0&.v=1
P20 Ships For Global Expansion:
http://finance.yahoo.com/news/JBI-Incs-P20-Marine-Inc-Rick-pz-1364554894.html?x=0
ACQUISITIONS
Fuel blending & distribution site with a $300 million capacity:
http://finance.yahoo.com/news/JBI-Inc-Acquires-Large-pz-416916477.html?x=0&.v=1
New York Processing Facility to serve as a company owned P2O site:
http://finance.yahoo.com/news/JBI-Inc-Acquires-New-York-pz-2604180689.html?x=0&.v=1
U.S. Air Filtration Company and custom air ventilation company (profitable):
http://finance.yahoo.com/news/JBI-Inc-Executes-Letter-of-pz- 3617226092.html?x=0&.v=1
NEW HIRES
JBI, Inc. Hires Four Seasoned Sales Reps for Pak-It Canada Launch:
http://finance.yahoo.com/news/JBI-Inc-Hires-Four-Seasoned-pz-4011247930.html?x=0&.v=1
JBI, Inc. Hires Experienced Ship Captain Michael Moneyhan to Oversee P2O Ship Expansion:
http://finance.yahoo.com/news/JBI-Inc-Hires-Experienced-pz-3900158860.html?x=0&.v=1
JBI, Inc. Hires Michael Kaplanis as Vice-President, Mergers & Acquisitions and Strategy:
http://finance.yahoo.com/news/UPDATING-and-REPLACING-JBI-pz-3685863318.html?x=0&.v=1
New Board of Directors
John M. Wesson:
http://finance.yahoo.com/news/JBI-Inc-Appoints-John-M-pz-3527337080.html?x=0&.v=1
Amy Bradshaw:
http://finance.yahoo.com/news/JBI-Inc-Appoints-Amy-Bradshaw-pz-190242946.html?x=0&.v=1
Theodore J. Henry:
http://finance.yahoo.com/news/JBI-Inc-Appoints-Theodore-J-pz-3461545571.html?x=0&.v=1
Dr. Jacob Smith:
http://finance.yahoo.com/news/JBI-Inc-Appoints-Chief-pz-1058916790.html?x=0&.v=1
OTHERS
JBII Goes to Washington To Discuss P2O With Congressmen:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46632073
IsleChem, name of the state-certified independent lab, is running and analyzing a JBII P2O processor:
http://finance.yahoo.com/news/JBI-Inc-IsleChem-pz-1168652688.html?x=0
JBII CEO invited as guest speaker at African Petroleum Producers Association Event:
http://finance.yahoo.com/news/JBI-Inc-CEO-Will-be-a-Guest-pz-3294028247.html?x=0
Shareholder meeting 4/24/10:
http://finance.yahoo.com/news/JBI-Inc-Sets-Annual-pz-1608897935.html?x=0
JBII -- Nasdaq Uplisting filed: John Bordynuik : I already filed the NASDAQ application and wired the $5000 fee.
http://www.facebook.com/home.php?#/profile.php?id=659192149&ref=ts
MKRS update to shareholders...
January 27, 2010
Dear Shareholder:
As we begin the New Year, we want to take the opportunity to provide you with a preliminary business outlook for Mikros Systems Corporation in 2010.
Mikros is continuing efforts to position itself as a leading engineering and systems integration firm in the areas of electronics, communications, and wireless technologies. While some of our current work may have future commercial applicability, the defense and homeland security markets will continue to be our strategic focus.
We foresee steadily increasing revenues and predict a strong backlog by year-end. This will be accomplished by securing additional orders for our ADEPT® product, gaining additional R&D work from existing customers, and winning new business from the Small Business Innovative Research (SBIR) program and our growing industry partnerships.
Over the past year, our ADEPT product has gained widespread customer acceptance. In June 2009, we participated in the Navy’s annual Trident Warrior exercise which submits systems and products to rigorous testing in real time simulations. Upon completion of the program, ADEPT earned the highest assessments. ADEPT’s proven ability to increase readiness and provide enhanced distance support capabilities should promote continued funding for procurement and development. We continue to work with the Navy to implement a multiple-year production and support contract, which could be awarded as soon as the first quarter of this year.
We were recently awarded a research and development contract from the Navy to assess vulnerability of tactical data links in the presence of hostile jammers. This contract extends previous development efforts and will result in a software application that could be integrated into various defense-wide mission planning initiatives. We also are continuing our development work with the Navy in the area of shipboard wireless network planning, and recently completed a study of wireless network planning methodologies and applications for the Navy. This effort has extended our engineering knowledge and expertise and positions us well to secure future work on the Navy’s Consolidated Afloat Network and Enterprise Services (CANES) Program.
Mikros continues to work with Ericsson Federal in the areas of emergency cellular communications. We are jointly marketing Ericsson technologies to defense and homeland security customers, and see a strong interest from entities like the National Guard. The Navy and first responder communities are other markets we are exploring. We intend to provide engineering support, logistics and training to Ericsson customers in the Federal marketplace.
Our partner Ocean Power Technologies (OPT) recently won a contract for research and development of PowerBuoy® technologies in support of a littoral vessel tracking system. We have a strong business relationship with OPT and are a subcontractor on this contract, providing engineering and systems integration support. We are also marketing OPT PowerBuoy technologies for other defense-related applications, and expect to see increased opportunities in this area over the next couple of years.
We continue to expand our stakeholder communications and marketing activities. In 2009, we released over 50% more press releases than in previous years. A planned update of our website will be completed by April of this year. We also plan to investigate other avenues for improving communications and advancing Mikros’ visibility within the investment community.
The Mikros team has worked very hard this past year advancing the opportunities in front of us. Although we experienced significant contracting delays in 2009, we continue to maintain current operations without incurring debt. We see positive things on the horizon and anticipate a great 2010. All of us at Mikros Systems Corporation wish everyone a happy and prosperous New Year.
Sincerely,
/s/ Tom Meaney
Tom Meaney
President and CEO
http://sec.gov/Archives/edgar/data/317340/000143774910000112/ex99-1.htm
XcelPlus Global Holdings Announces Date for SEC Filing and Release of Audit
DOTHAN, Ala., Jan 26, 2010 (BUSINESS WIRE) -- XcelPlus Global Holdings, Inc.
(Pink Sheets: XPGH), a leading manufacturer and distributor of industrial
biofuels, announced today the company's first audited financial report will be
issued on or before February 24, 2010. The 2009 fourth-quarter and year-end
results released in the report will all be positive, and the company plans to
electronically file Form S-1 with the SEC the same day the audit report is
issued, initiating the process to move to over-the-counter trading.
"We're a relatively young company with no debt, cash in the bank and strong top
and bottom lines," said J. Michael Parsons, president and CEO of XcelPlus Global
Holdings. "So, we anticipate the approval process will go smoothly." Approval
from the SEC to trade on a national securities exchange typically takes four to
six weeks from the date of filing. Carr, Riggs & Ingram is conducting the audit,
while Denver, CO, private practice attorney Diane Dalmy is preparing the S-1
paperwork.
"We're eager to pass this milestone and continue on the track we've set for 2010
and beyond," said Parsons. "We've had a number of successful test burns recently,
as we look to expand into new markets, with even greater profit potential, in the
very near future."
This release includes forward-looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act
of 1934. Statements contained in this release that are not historical facts may
be deemed to be forward-looking statements. Investors are cautioned that
forward-looking statements are inherently uncertain. Actual performance and
results may differ materially from that projected or suggested herein due to
certain risks and uncertainties, including, without limitation, the ability to
obtain financing and regulatory and shareholder approval for anticipated actions.
Investors Relations at investor@xcelplusglobal.com XcelPlus Global Holdings, Inc.
http://Xcelplusglobal.com/
SOURCE: XcelPlus Global Holdings, Inc.
XcelPlus Global Holdings, Inc.
J. Michael Parsons, 866-492-5325
investor@xcelplusglobal.com
Copyright Business Wire 2010
AML Communications Schedules Fiscal Third Quarter 2010 Earnings Release and Conference Call
CAMARILLO, Calif., Jan 25, 2010 (BUSINESS WIRE) -- AML Communications, Inc.
(AMLJ), a designer, manufacturer and marketer of amplifiers and integrated
assemblies for the defense industry, will announce earnings results for the
fiscal third quarter 2010 ended December 31, 2009, before the market opens on
Thursday, January 28, 2010. Following the release, AML Communications will host a
conference call at 4:00 p.m. Eastern/1:00 p.m. Pacific Time to discuss the
company's financial results and business outlook. The conference call will be
conducted by Jacob Inbar, President and Chief Executive Officer.
The conference call dial-in number is (877) 212-8197 for domestic participants
and (816) 249-4432 for international participants. The Conference ID number is
53050587. A replay of the call will be available for playback through the
Company's website, http://www.amlj.com/ir.html, after 6:00 AM Pacific Time on
Friday, January 29, 2010.
About AML Communications
AML Communications is a designer, manufacturer, and marketer of amplifiers and
integrated assemblies that address the Defense Electronic Warfare Markets. The
Company's extensive range of microwave low noise amplifiers and power amplifiers
can be found in leading defense projects. With over 20 years of serving the
military with outstanding customer care, quality, performance, and price
leadership, AML is committed to mission success.
Forward-Looking Statements
This press release contains forward-looking statements made in reliance upon the
safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include, but are not limited to, the Company's views
on future profitability, commercial revenues, market growth, capital
requirements, new product introductions, and are generally identified by words
such as ``thinks,'' ``anticipates,'' ``believes,'' ``estimates,'' ``expects,''
``intends,'' ``plans,'', "schedules", and similar words. Forward-looking
statements are not guarantees of future performance and are inherently subject to
uncertainties and other factors which could cause actual results to differ
materially from the forward-looking statements. These factors and uncertainties
include: reductions or cancellations in orders from new or existing customers;
success in the design of new products; the opportunity for future orders from
domestic and international customers including, in particular defense customers;
general economic conditions; the limited number of potential customers;
variability in gross margins on new products; inability to deliver products as
forecast; failure to acquire new customers; continued or new deterioration of
business and economic conditions in the wireless communications industry; and
intensely competitive industry conditions with increasing price competition. The
Company refers interested persons to its most recent Annual Report on Form 10-K
and its other SEC filings for a description of additional uncertainties and
factors that may affect forward-looking statements. Forward-looking statements
are based on information presently available to senior management, and the
Company has not assumed any duty to update its forward-looking statements.
SOURCE: AML Communications, Inc.
AML Communications, Inc.
Jacob Inbar
President and Chief Executive Officer
805-388-1345, Ext. 201
or
Financial Profiles
Tricia Ross
916-939-7285
Copyright Business Wire 2010
XPGH -- a rare pink seeking uplisting that's profitable and debt-free with some interesting PRs + the MOMO appears on with big volume lately:
Earnings Report (11 months):
http://finance.yahoo.com/news/XcelPlus-Global-Holdings-bw-2527788049.html?x=0&.v=1
"We should have both our audit, and our SEC filings for the move to over-the-counter trading, completed by the third week of February"
http://finance.yahoo.com/news/XcelPlus-Global-Holdings-bw-3182717875.html?x=0&.v=1
Here's the interesting thing....November alone seems to have shown more revenue and earnings than the rest of the year combined. Here's the 10 month results. Subtrace them from the 11 month results above and it appears EPS was over .01 for that 1 month alone:
http://finance.yahoo.com/news/XcelPlus-Global-Holdings-bw-2293370766.html?x=0&.v=1
This is a swing trade pink only IMO if anything until they prove more but it looks interesting.
XPGN Board:
http://investorshub.advfn.com/boards/board.aspx?board_id=5795
Cereplast Featured in Several Media Outlets
HAWTHORNE, Calif.--(BUSINESS WIRE)--Cereplast, Inc. (OTCBB:CERP), a leading manufacturer of proprietary bio-based, sustainable plastics, is currently the subject of several media features highlighting the positive business and environmental implications of the company’s latest success.
Cereplast is currently the subject of a new IC Places article entitled, “Can Cereplast Save the Planet one water bottle at a time?” The article is available online at: http://www.icplaces.com/include/icstory.asp?storyuid=samblis12045&cat=Business&citysite=orlando.
IC Places owns and operates 350 U.S. city websites offering virtual keyhole views of the social, business, and cultural life in each city. Conversations in each city are fueled by a mixture of national, regional and local journalists, including: John Stossel, Chuck Norris, Pat Buchanan and Margo Howard, niece of beloved advice columnist Dear Abby.
“I think the IC Places article hits on the feelings of a lot of consumers,” commented Mr. Frederic Scheer, Founder, Chairman and CEO of Cereplast, Inc. “Bio-based plastics are the future. We are moving ahead quickly with new technologies and formulations to meet what we believe will be unprecedented demand.”
Mr. Scheer continued, “Our Company has been very busy with plans for an up-listing to a senior exchange, a facilities move to Indiana and a new initiative into Algae-based bioplastics. The media, including the LA Business Journal (http://www.labusinessjournal.com/article.asp?aID=143905) and even Reuters (http://www.reuters.com/article/idUSTRE60I4VE20100119), have started paying attention to our progress.”
The Reuters article puts the spotlight on Cereplast’s work with algae biofuel companies. The potential move towards the use of algae-based plastics is of major interest to Cereplast, and is also gaining traction with the U.S. government and even oil giant Exxon Mobil Corp, who have both invested or promised to invest upwards of $1 billion combined on algae projects. Of course, the viability of algae biofuel hinges on how quickly companies that harness algae as fuel can become commercially viable.
Mr. Scheer added, “They are going to extract the oil from the algae ... and we will pick up the biomass and make chemicals. We are repeating 100 years later what was done with fossil fuels at the start of the 20th century."
It is estimated that global demand for bioplastics, including plastic resins that are biodegradable or derived from plant-based sources, will increase by 400% to 890,000 metric tons by 2013, according to a recent University of Utrecht study. Some predict the U.S. market to reach $10 billion a year by 2020, a tenfold increase from 2007, according to a recent article by CNN International.
“We are extremely encouraged by the huge amount of press we have been getting recently,” continued Mr. Scheer. “There is a real change occurring in the public’s awareness of plastics use and disposal.”
About Cereplast, Inc.
Cereplast, Inc. (OTCBB:CERP) designs and manufactures proprietary bio-based, sustainable plastics which are used as substitutes for petroleum-based plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with petroleum-based plastics. On the cutting-edge of bio-based plastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables Resins® are ideally suited for single use applications where high bio-based content and compostability are advantageous, especially in the food service industry. Cereplast Hybrid Resins® combine high bio-based content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at www.cereplast.com.
CERP - Keep watching it -- bioplastic sexy story with big credible customers starting to get a mini media blitz and working to uplist.
JBI, Inc. Selects Western Creative for Pak-It Consumer Retail Launch
On Tuesday January 12, 2010, 9:08 am
NIAGARA FALLS, Ontario, Jan. 12, 2010 (GLOBE NEWSWIRE) -- JBI, Inc. (the "Company") (OTCBB:JBII - News) announces that it has retained Western Creative for a comprehensive brand-awareness and consumer retail campaign for the Company's patented, eco-friendly line of Pak-It cleaning products. Western Creative is an award-winning, full-service advertising agency that specializes in media research and buying, Internet advertising, creative research and development, and production. Western Creative has assembled a team of some of its finest creative marketing and advertising professionals to work on the Pak-It campaign.
Western Creative is nationally recognized by industry professionals as one of the premier ad agencies and has developed the expertise to coordinate all forms of advertising, including radio / TV, print, Internet, shopping networks, and news media, to produce successful results for increasing brand-awareness and sales dominance, both efficiently and cost-effectively. To learn more about Western Creative, Inc. please visit http://www.westerncreative.com.
In anticipation of additional consumer demand for their products as a result of the upcoming advertising campaign, JBI has been upgrading its Pak-It production capability at their Philadelphia, Pennsylvania-based factory. Western Creative also has offices in Philadelphia.
"We feel that Western Creative is the perfect fit to assist us in our Pak-It consumer launch," said John Bordynuik, CEO of JBI, Inc. "We are very impressed by their creative professionalism, media expertise, and cost-effective, results-oriented approach. Western Creative will be handling production, launch of infomercials, and the product retail packaging, as well as the development of a sales website for the infomercial products. We believe the green Pak-It line has huge revenue potential and look forward to the campaign launch, currently scheduled to begin in March, 2010."
About JBI, Inc.
JBI, Inc. is transitioning to become a global technology leader whose purpose is to mine data from JBI's large information archive, find under-productive entities to inject our superior proprietary technologies into, and benefit from increased productivity and profitability, beginning with Plastic2Oil. JBI has also acquired the following operations:
JAVACO, Inc. ("Javaco") is part of the Supplier Diversity Network, WBENC. JAVACO, Inc. currently distributes over 100 lines of equipment from fiber optic transmitters to RF connectors. To further enhance business in the United States, new distribution lines are frequently being added including a line of home theater and audio video products. Javaco will operate and manage the Company's Plastic2Oil sites in Mexico.
Pak-It, LLC ("Pak-It"): Using the patented Pak-It(TM) delivery system (liquid cleaner in a water soluble sachet) Pak-It can deliver glass cleaner, disinfectant, multi-purpose, and many more cleaning products (42 products currently) shipped in tiny packages of condensed cleaner (inside a 'dry' 1 quart container). This delivery method is "green" since it's fully biodegradable and saves thousands of dollars in shipping. The user simply adds water to the container without measuring or cutting the Pak-It. Large retailers and many national Building Service Contractors already using the product have documented significant cost savings from shipping, training, inventory control and space.
Accordingly, our revenue sources presently include (i) income from reading archived tapes (including microfiche) from clients such as NASA, (ii) income from the recently acquired Javaco, Inc., (iii) income from the sale of Pak-It products, and a bulk chemical facility which we realized beginning October 1, 2009, and (iv) from the anticipated commencement of operations in the first quarter of 2010 with Plastic2Oil, a process and service that converts plastic to fuel oil. For more information, please see http://www.jbiglobal.com and http://www.javacoinc.com and http://www.pakit.com/.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act. The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees as of 1995. Those statements include statements regarding the intent, belief or current expectations of JBI, Inc., and members of its management as well as the assumptions on which such statements are based.
Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contact:
JBI, Inc.
John Bordynuik, President and CEO
john@johnbordynuik.com
Investor Relations
James Parker
+1 (916) 990-3667
jparker@jbiglobal.com
Mikros Systems Announces ADEPT Demonstration at Surface Navy Association 22nd
National Symposium
PRINCETON, N.J., Jan 11, 2010 /PRNewswire via COMTEX/ -- Mikros Systems
Corporation (MKRS), announced today that it will demonstrate its Adaptive
Diagnostic Electronic Portable Testset (ADEPT) during the Surface Navy
Association (SNA) 22nd National Symposium in Crystal City, Va. The SNA show takes
place Tuesday, Jan. 12, through Thursday, Jan. 14, and is themed "Surface Navy: A
Balanced Force for The Hybrid War."
The company will highlight the capabilities, product developments, and
accomplishments of this system, which is designed to improve readiness of U.S.
Navy radars and other complex electronic equipment. During the symposium,
attendees will see live demonstrations of ADEPT and be able to review and discuss
data from recent fleet experiments. Mikros engineers will also be available to
answer any questions regarding ADEPT's recent use aboard U.S. Navy Aegis ships,
distance support capabilities, and applicability to other electronic equipment.
"We feel this event is an excellent forum to showcase our flagship product,"
states Marc Dalby, Vice President, Business Development and Operations for
Mikros. "We have already delivered ADEPTs to U.S. Navy Aegis Cruisers, and expect
to receive additional orders for the U.S. Navy Aegis Destroyers. These ships are
the cornerstone of the U.S. Surface Navy fleet and being able to demonstrate the
capabilities of ADEPT at SNA is very exciting."
More information regarding the SNA Symposium can be found on their website:
http://www.navysna.org/2010Symposium/
About Mikros
Mikros Systems Corporation is an advanced technology company specializing in the
research and development of electronic systems technology primarily for military
applications. Classified by the U.S. Department of Defense as a small business,
its capabilities include technology management, electronic systems engineering
and integration, radar systems engineering, combat/command, control,
communications, computers and intelligence systems engineering, and
communications engineering. Mikros' primary business is to pursue and obtain
contracts from the Department of Homeland Security, U.S. Navy, and other
governmental authorities. For more information on Mikros visit:
http://www.mikros.us
Important Information about Forward-Looking Statements: All statements in this
news release other than statements of historical facts are forward-looking
statements which contain our current expectations about our future results.
Forward-looking statements involve numerous risks and uncertainties. We have
attempted to identify any forward-looking statements by using words such as
"anticipates," "believes," "could," "expects," "intends," "may," "should" and
other similar expressions. Although we believe that the expectations reflected in
all of our forward-looking statements are reasonable, we can give no assurance
that such expectations will prove to be correct. Such statements are not
guarantees of future performance or events and are subject to known and unknown
risks and uncertainties that could cause the Company's actual results, events or
financial positions to differ materially from those included within the
forward-looking statements. Such factors include, but are not limited to, changes
in business conditions, changes in our sales strategy and product development
plans, changes in the marketplace, continued services of our executive management
team, our limited marketing experience, competition between us and other
companies seeking SBIR grants, competitive pricing pressures, market acceptance
of our products under development, delays in the development of products,
statements of assumption underlying any of the foregoing, and other factors
disclosed in our annual report on Form 10-K for the year ended December 31, 2008
and other filings with the SEC. Readers are cautioned not to place undue reliance
on these forward-looking statements, which speak only as of the date made. Except
as required by law, we undertake no obligation to disclose any revision to these
forward-looking statements to reflect events or circumstances after the date
hereof.
SOURCE Mikros Systems Corporation
Copyright (C) 2010 PR Newswire. All rights reserved
Mikros Systems Corporation Receives Navy Contract Award for Tactical Network
Vulnerability Analysis Program
PRINCETON, N.J., Jan 07, 2010 /PRNewswire via COMTEX/ -- Mikros Systems
Corporation (MKRS) announced today the award of a new U.S. Navy contract to
develop Network Vulnerability to Electronic Attack (NVEA) analysis and simulation
software for the Naval Air Warfare Center, Weapons Division (NAWCWD). The new
contract extends support for Mikros network analysis work started under previous
contracts, and is valued at $750,000 over two years.
The NVEA development will support emerging Navy requirements for Mission Based
Test Design (MBTD). The Navy hopes to prove that mission-based evaluation will
reduce costs and technical risks by introducing operational testing earlier in
development programs, and will extend the service life of Naval assets by
combining modeling and simulation (M&S) with laboratory hardware-in-the-loop
(HIL) and a minimum number of operational units.
The NVEA tool will model electronic threats to modern tactical data links, which
are an essential component of net-centric warfare (NCW). NVEA will be implemented
as a core library of modeling constructs and analytical functions that will be
used in several applications. Warfare analysts and system engineers will use NVEA
to realistically model the effect of jamming on mission performance. Mission
planners will use NVEA to determine staging areas, ISR placement, attack routes,
and tactics to minimize the effect of enemy communications jamming.
"We are excited that the Navy has extended their support for our NVEA efforts,
and we look forward to being a part of this important Navy initiative," said
Henry Silcock, Chief Technology Officer of Mikros.
About Mikros
Mikros Systems Corporation is an advanced technology company specializing in the
research and development of electronic systems technology primarily for military
applications. Classified by the U.S. Department of Defense as a small business,
Mikros capabilities include technology management, electronic systems engineering
and integration, radar systems engineering, combat/command, control,
communications, computers and intelligence systems engineering, and
communications engineering. Mikros' primary business is to pursue and obtain
contracts from the Department of Homeland Security, U.S. Navy, and other
governmental authorities. For more information on Mikros visit:
http://www.mikros.us
Important Information about Forward-Looking Statements: All statements in this
news release other than statements of historical facts are forward-looking
statements which contain our current expectations about our future results.
Forward-looking statements involve numerous risks and uncertainties. We have
attempted to identify any forward-looking statements by using words such as
"anticipates," "believes," "could," "expects," "intends," "may," "should" and
other similar expressions. Although we believe that the expectations reflected in
all of our forward-looking statements are reasonable, we can give no assurance
that such expectations will prove to be correct. Such statements are not
guarantees of future performance or events and are subject to known and unknown
risks and uncertainties that could cause the Company's actual results, events or
financial positions to differ materially from those included within the
forward-looking statements. Such factors include, but are not limited to, changes
in business conditions, changes in our sales strategy and product development
plans, decline in or a redirection of the U.S. defense budget, continued services
of our executive management team, our limited marketing experience, competition
between us and other companies seeking SBIR grants, market acceptance of our
products under development, delays in the development of products, statements of
assumption underlying any of the foregoing, and other factors disclosed in our
annual report on Form 10-K for the year ended December 31, 2008 and other filings
with the SEC. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date made. Except as
required by law, we undertake no obligation to disclose any revision to these
forward-looking statements to reflect events or circumstances after the date
hereof.
SOURCE Mikros Systems Corporation
Copyright (C) 2010 PR Newswire. All rights reserved
JBI, Inc. is Debt-Free
NIAGARA FALLS, Ontario, Jan. 6, 2010 (GLOBE NEWSWIRE) -- JBI, Inc. (the "Company") (OTCBB:JBII - News) announces that the Company has paid all corporate debt, including accrued interest prior to its December 31, 2009, year-end in furtherance of its growth strategies. The Company's debt-free status results in a monthly savings of over $26,000 in interest payments.
The debt and accrued interest was paid without dilution to the Company's shareholders. In order to increase shareholder value and prevent shareholder dilution as JBI expands, since June 2009, CEO John Bordynuik has returned 31 million of his personal common shares to the Company's treasury.
"With so much opportunity on the horizon including the launch of P2O and the establishment of P2O sites pursuant to our LOI and the anticipated listing of our Company on a senior exchange, it was critical for me to achieve my goal of a debt-free JBI prior to 2010," said Bordynuik. "I am proud of this Company and its loyal shareholders that made this significant accomplishment possible."
About JBI, Inc.
JBI, Inc. is transitioning to become a global technology leader whose purpose is to mine data from JBI's large information archive, find under-productive entities to inject our superior proprietary technologies into, and benefit from increased productivity and profitability, beginning with Plastic2Oil. JBI has also acquired the following operations:
JAVACO, Inc. ("Javaco") is part of the Supplier Diversity Network, WBENC. JAVACO, Inc. currently distributes over 100 lines of equipment from fiber optic transmitters to RF connectors. To further enhance business in the United States, new distribution lines are frequently being added including a line of home theater and audio video products. Javaco will operate and manage the Company's Plastic2Oil sites in Mexico.
Pak-It, LLC ("Pak-It"): Using the patented Pak-It(TM) delivery system (liquid cleaner in a water soluble sachet) Pak-It can deliver glass cleaner, disinfectant, multi-purpose, and many more cleaning products (42 products currently) shipped in tiny packages of condensed cleaner (inside a 'dry' 1 quart container). This delivery method is "green" since it's fully biodegradable and saves thousands of dollars in shipping. The user simply adds water to the container without measuring or cutting the Pak-It. Large retailers and many national Building Service Contractors already using the product have documented significant cost savings from shipping, training, inventory control and space.
Accordingly, our revenue sources presently include (i) income from reading archived tapes (including microfiche) from clients such as NASA, (ii) income from the recently acquired Javaco, Inc., (iii) income from the sale of Pak-It products, and a bulk chemical facility which we realized beginning October 1, 2009, and (iv) from the anticipated commencement of operations in the first quarter of 2010 with Plastic2Oil, a process and service that converts plastic to fuel oil. For more information, please see http://www.jbiglobal.com and http://www.javacoinc.com and http://www.pakit.com/.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act. The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees as of 1995. Those statements include statements regarding the intent, belief or current expectations of JBI, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contact:
JBI, Inc.John Bordynuik, President and CEO john@johnbordynuik.comInvestor RelationsKatie Matkowski Katie@johnbordynuik.com+1 (289) 296-5538
JBI, Inc. Appoints Ronald Baldwin, Jr. as CFO
On Monday January 4, 2010, 11:14 am
NIAGARA FALLS, Ontario, Jan. 4, 2010 (GLOBE NEWSWIRE) -- JBI, Inc. (the "Company") (OTCBB:JBII - News) announces that on January 1, 2010, Ronald Baldwin, Jr. was appointed as JBI's Chief Financial Officer and the Company has centralized all of its accounting operations and controls in Clearwater, Florida where Mr. Baldwin is located in order to manage rapid growth successfully and cost-effectively.
Mr. Baldwin will be responsible for implementing financial reporting software with the Company's engineers as well as financial and audit controls for the Company and all of its subsidiaries.
Ron Baldwin is a CPA with 15 years' experience in public accounting and holds a B.S. in Accounting magna cum laude from the University of South Florida and a J.D. and L.L.M in Taxation cum laude from the University of Florida. Mr. Baldwin was admitted to the Florida Bar in 2000. From 2007 to 2009 Mr. Baldwin was the Vice President of Finance at Hegemon Capital, a special opportunity hedge fund that was involved in over $100 million in loan placements and equity investments.
Commenting on Mr. Baldwin's CFO appointment, John Bordynuik, CEO and President of JBI, Inc., said, "We are extremely pleased to welcome Ron Baldwin as our new Chief Financial Officer. His extensive financial expertise, business savvy, industry connections, exemplary qualifications, and legal / managerial experience ensure that he is well-suited to assist us in advancing our growth strategies."
JBI is currently rebuilding the Pak-It factory in Philadelphia, PA to allow for an increase in its current production in anticipation of significant consumer demand for its eco-friendly, unique products. JBI will be launching a massive consumer awareness advertising campaign, using infomercials and print media, for Pak-It products during the first quarter of 2010. Further details on this product expansion will be forthcoming in future press releases.
John Bordynuik concluded, "2010 promises to be a year of rapid expansion and exciting growth for JBI. I look forward to keeping our growing shareholder base informed of our progress."
About JBI, Inc.
JBI, Inc. is transitioning to become a global technology leader whose purpose is to mine data from JBI's large information archive, find under-productive entities to inject our superior proprietary technologies into, and benefit from increased productivity and profitability, beginning with Plastic2Oil. JBI has also acquired the following operations:
JAVACO, Inc. ("Javaco") is part of the Supplier Diversity Network, WBENC. JAVACO, Inc. currently distributes over 100 lines of equipment from fiber optic transmitters to RF connectors. To further enhance business in the United States, new distribution lines are frequently being added including a line of home theater and audio video products. Javaco will operate and manage the Company's Plastic2Oil sites in Mexico.
Pak-It, LLC ("Pak-It"): Using the patented Pak-It(TM) delivery system (liquid cleaner in a water soluble sachet) Pak-It can deliver glass cleaner, disinfectant, multi-purpose, and many more cleaning products (42 products currently) shipped in tiny packages of condensed cleaner (inside a 'dry' 1 quart container). This delivery method is "green" since it's fully biodegradable and saves thousands of dollars in shipping. The user simply adds water to the container without measuring or cutting the Pak-It. Large retailers and many national Building Service Contractors already using the product have documented significant cost savings from shipping, training, inventory control and space.
Accordingly, our revenue sources presently include (i) income from reading archived tapes (including microfiche) from clients such as NASA, (ii) income from the recently acquired Javaco, Inc., (iii) income from the sale of Pak-It products, and the bulk chemical facility which we realized beginning October 1, 2009, and (iv) from the anticipated commencement of operations in the first quarter of 2010 with Plastic2Oil, a process and service that converts plastic to fuel oil. For more information, please see http://www.jbiglobal.com and http://www.javacoinc.com and http://www.pakit.com/.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act. The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees as of 1995. Those statements include statements regarding the intent, belief or current expectations of JBI, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contact:
JBI, Inc.
John Bordynuik, President and CEO
john@johnbordynuik.com
Investor Relations
Katie Matkowski
+1 (289) 296-5538
Katie@johnbordynuik.com
The Mint Leasing, Inc. Enters Into Purchase and Lease Transactions Involving
Fifty New Toyota Camrys and Corollas
--Company Expects Fourth Quarter 2009 Net Income to Approach $1 Million
HOUSTON, Dec 29, 2009 /PRNewswire-FirstCall via COMTEX/ -- The Mint Leasing, Inc.
(MLES) ("Mint Leasing" or "the Company"), which provides innovative leasing
services to customers of franchised automobile dealers throughout the United
States, today announced that it has purchased fifty 2010 Toyotas (Camry and
Corolla models) from a leading Houston Toyota dealer, utilizing its new and
previously announced credit facility of up to $10 million. The vehicles have been
leased to a major automobile rental agency in San Antonio, Texas.
"This transaction follows the purchase and lease of sixty-one Toyota Corollas
that was announced earlier this month and illustrates an improving business
outlook for Mint Leasing that we expect to continue into 2010," stated Jerry
Parish, Chief Executive Officer of the Company. "The San Antonio auto rental
agency selected Mint Leasing based upon the Company's ability to provide
competitive prices and tailor leasing terms to the customer's specific
requirements."
"Our ability to close on the purchase and lease of several dozen vehicles on a
timely basis further illustrates Mint Leasing's ability to adapt to the dramatic
changes that have impacted the vehicle leasing industry during the past 18
months," continued Mr. Parish. "We believe the completion of this latest
transaction in December should allow Mint Leasing to generate net income
approaching $1 million in the fourth quarter of 2009."
About The Mint Leasing, Inc.
The Mint Leasing, Inc. represents an alternative to traditional financing
companies by providing its innovative vehicle leasing solutions to the customers
of premier automotive retailers. Most of its customers are located in Texas and
six other states in the southeastern U.S. The Mint Leasing's customers are
primarily comprised of brand-name automobile dealers that seek to provide leasing
options to their customers. The Mint Leasing, Inc. is responsible for
underwriting criteria and procedures, administration of the leases, and
collection of payments from lessees.
The Company is headquartered in Houston, Texas, and its common stock trades on
the OTC Bulletin Board under the symbol "MLES".
This press release contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when
used in the preceding discussion, the words "believes," "should," "expects,"
"intends," "plans," "anticipates," or "may," and similar conditional expressions
are intended to identify forward-looking statements within the meaning of the
Act, and are subject to the safe harbor created by the Act. Any statements made
in this news release other than those of historical fact, about an action, event
or development, are forward-looking statements. Forward-looking statements are
based upon assumptions that in the future may prove not to have been accurate and
are subject to significant risks and uncertainties. Although the Company believes
that the expectations reflected in the forward-looking statements are reasonable,
it can give no assurance that such expectations or any of its forward-looking
statements will prove to be correct. Factors that could cause results to differ
include but are not limited to, successful performance of internal plans, product
or services development and acceptance, the impact of competitive services and
pricing, or general economic risks and uncertainties, and other risks disclosed
in the Company's periodic filings with the U.S. Securities and Exchange
Commission. The Company takes no obligation to update or correct forward-looking
statements, and also takes no obligation to update or correct information
prepared by third parties that are not paid for by the Company.
Contact:RJ Falkner & Company, Inc., Investor Relations Counsel at
(800) 377-9893 or via email at info@rjfalkner.com
or
The Mint Leasing, Inc. Investor Relations at investorinfo@mintleasing.com
SOURCE The Mint Leasing, Inc.
Copyright (C) 2009 PR Newswire. All rights reserved
JBI, Inc. Executes JV LOI With Rick Heddle, Signs LOI for 45 Florida P2O Sites, and Will Apply for ASE Listing
NIAGARA FALLS, Ontario, Dec 22, 2009 (GlobeNewswire via COMTEX) -- JBI, Inc. (the
"Company") (JBII) is pleased to announce that December, 2009, has been a month of
intense activity and very positive productive progress. The Company and Rick
Heddle have agreed to a Joint Venture whereby Heddle Marine Service, Inc. will
retrofit ships with P2O processors. The Company is now finalizing a JV Agreement
for production of its first P2O ship with Heddle. JBI anticipates contracting
with various countries to convert their plastic waste into oil.
The launch of P2O in early 2010 will be an exciting and important harbinger for
job creation, environmental clean-up, and oil production. Plastic waste is a huge
global problem, contributing heavily to landfill expansion and ocean pollution.
The Company has a goal of initially establishing 2500 P2O sites with
municipalities/interested parties and launching P2O ships for various countries'
plastic waste retrieval and energy production.
Converting plastic to oil has previously been attempted unsuccessfully by other
companies as it was not economically feasible. However, the Company's research
discovered a unique catalyst that is now proprietary to P2O, as it greatly
enhances the efficient and economical conversion of plastic waste to oil,
allowing for a 99% recovery rate compared to 45% +/- for competing systems. In
essence, the catalyst greatly expedites the cracking of the plastic and allows
the Company to select on a tight curve the particular hydrocarbon to produce.
Competing methods require much higher heat, considerable energy cost,
prohibitively expensive residue disposal, and result in poorer conversion. There
is a negative energy cost to operate a P2O processor, since 15% of feedstock
weight is converted to gas to run the system. The P2O processor is not a
"perpetual machine", 15% of its feedstock is consumed to provide gas to power the
processor.
Heddle Marine Service Inc., established in 1987, is the only marine repair firm
that operates floating dry-docks on the Canadian side of the Great Lakes. Located
on land leased from the Hamilton Port Authority, the site has 160,000 square feet
of land, 1,000 feet of wharfage and dock frontage, 30,500 square feet of
fabrication shop and 5,000 square feet of machine shop.
This continually expanding, successful company, with 20+ years of expertise in
rebuilding ships, converting tanks to cargo and cargo to tankers, will be a
valuable and important partner in helping JBI to achieve its eventual goal of
attaining a fleet of P2O ships to address global demand for their service. For
further information, visit http://www.heddlemarine.com/
Also, JBI has signed a Letter of Intent for the establishment of an Area
Development Agreement (ADA) for 45 P2O sites in the State of Florida with a newly
formed entity controlled by Al Sousa of Largo, Florida.
Mr. Sousa is a seasoned executive with extensive business experience in both the
public and private sectors and has been involved in a wide variety of matters
including operational management of multiple entities including acquisitions,
marketing, financing and governmental affairs.
In his position with a large publicly held company, he planned and implemented a
start-up venture with multiple business units and annualized revenues nearly $150
million. His division had seven business segments in sixteen states with
approximately 2,800 employees.
The Company expects that the ADA will be consummated by February 15, 2010.
The Company expects that Mr. Sousa's company will begin to quickly cultivate
supply chains and sites for the installation of P2O sites throughout Florida
concentrating first on large metropolitan areas and expanding outwards. The
"Green" aspects of the P2O process is expected to solve huge problems in the area
of plastic waste disposal as well as generate much needed oil for commercial use.
Public-Private partnerships are expected and local, state and Federal credits are
available for rapid deployment and cost effective development.
An independent lab investigation of JBI's P2O technology revealed the following
information: Samples of fuels were created from various plastic feedstocks and
were tested (ASTM D 5453) and confirmed a sulphur concentration less than 8.4 ppm
(parts per million). Additionally, the water and sediment tests (ASTM D 1796)
confirm that its fuel contained less than 0.005% water and sediment. Density
tests also placed the fuel in the gasoline range.
P2O produces oil at less than $10 per barrel. In the United States, refineries
have indicated that they will pick up the fuel at the price of WTI (West Texas
Intermediate) price less $3, currently around $70 per barrel.
JBI's Pak-It division is being positioned for anticipated dynamic revenue growth
in 2010. The Pak-It factory in Philadelphia is being completely upgraded to
handle high volume retail production for their eco-friendly line of cleaning
products. An experienced 5-person national sales force is being hired in January.
JBI is in current discussions with a very large, established company that has had
great success marketing their consumer cleaning products via television
infomercials. This company has indicated a desire to partner with Pak-It in an
infomercial marketing campaign. However, if an agreement is not formalized with
this potential partner, Pak-It will proceed on its own to have infomercials
produced and begin a massive marketing campaign.
Successful infomercials have proven to be a very effective method to rapidly
attain major consumer awareness and often generate a significant increase in
sales revenue. The patented, cost-effective Pak-It product line clearly appears
to have all the attributes for a successful infomercial launch.
JBI will soon establish a Board of Directors consisting of key talent within the
Company, including the CEO, and on their Advisory Board, as well as some
dedicated open market shareholders to adequately represent our anticipated large
shareholder base. Unlike many other BOD's, the Company wants to have a proactive
Board that is committed and focused on the continued future growth of the Company
for the benefit of all shareholders.
Additionally, the JBI websites are currently being redesigned by a group of
loyal, tech-savvy shareholders. The new cutting-edge site will better reflect the
Company's achievements and unique technologies. On-site videos will provide the
world with a clear view and understanding of the Company's important
technologies.
John Bordynuik, CEO/President of JBI, Inc., will be flying to New York the first
week in January to meet with exchange officials and begin the application process
to up-list JBI on the American Stock Exchange. Furthermore, at the end of
January, Mr. Bordynuik will be traveling to China to meet with P2O processor
manufacturers, and establish production requirements and volume agreements. The
Company has previously been advised that its Chinese manufacturer could produce
one P2O processor every day, with a 15-day lead time for each batch.
Furthermore, to avoid dilution, Mr. Bordynuik will be returning an additional 9
million of his personal common shares to treasury on Dec. 29, 2009. Therefore, as
of that date, total outstanding common shares will remain at 46,725,106.
John Bordynuik commented, "All of JBI's dedicated team members have been working
long hours and very hard to ensure an extremely successful future for our
Company. I am most appreciative of all the loyal supporters who have stepped up
and committed their valuable time and efforts to our shared vision of growing JBI
into an extraordinary, successful company and maximizing share valuation. I wish
everyone a most joyous holiday season and a very prosperous New Year."
About JBI, Inc.
JBI, Inc. is transitioning to become a global technology leader whose purpose is
to mine data from JBI's large information archive, find under-productive entities
to inject our superior proprietary technologies into, and benefit from increased
productivity and profitability, beginning with Plastic2Oil. JBI has also acquired
the following operations:
JAVACO, Inc. ("Javaco") is part of the Supplier Diversity Network, WBENC. JAVACO,
Inc. currently distributes over 100 lines of equipment from fiber optic
transmitters to RF connectors. To further enhance business in the United States,
new distribution lines are frequently being added including a line of home
theater and audio video products. Javaco will operate and manage the Company's
Plastic2Oil sites in Mexico.
Pak-It, LLC ("Pak-It"): Using the patented Pak-It(TM) delivery system (liquid
cleaner in a water soluble sachet) Pak-It can deliver glass cleaner,
disinfectant, multi-purpose, and many more cleaning products (42 products
currently) shipped in tiny packages of condensed cleaner (inside a 'dry' 1 quart
container). This delivery method is "green" since it's fully biodegradable and
saves thousands of dollars in shipping. The user simply adds water to the
container without measuring or cutting the Pak-It. Large retailers and many
national Building Service Contractors already using the product have documented
significant cost savings from shipping, training, inventory control and space.
Accordingly, our revenue sources presently include (i) income from reading
archived tapes (including microfiche) from clients such as NASA, (ii) income from
the recently acquired JAVACO, Inc., (iii) income from the sale of Pak-It
products, and bulk chemical facility which we realize beginning October 1, 2009,
and (iv) from the anticipated commencement of operations in the first quarter of
2010 with Plastic2Oil, a process and service that converts plastic to fuel oil.
For more information, please see http://www.jbiglobal.com,
http://www.javacoinc.com and http://www.pakit.com/.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking
statements" within the meaning of the Securities Act of 1933 and the Securities
Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act.
The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several
significant substantive changes affecting certain cases brought under the federal
securities laws, including changes related to pleading, discovery, liability,
class representation and awards fees and of 1995. Those statements include
statements regarding the intent, belief or current expectations of JBI, Inc., and
members of its management as well as the assumptions on which such statements are
based. Prospective investors are cautioned that any such forward-looking
statements are not guarantees of future performance and involve risks and
uncertainties, and that actual results may differ materially from those
contemplated by such forward-looking statements. The Company undertakes no
obligation to update or revise forward-looking statements to reflect changed
assumptions, the occurrence of unanticipated events or changes to future
operating results.
This news release was distributed by GlobeNewswire, http://www.globenewswire.com
SOURCE: JBI, Inc.
CONTACT:JBI, Inc.
John Bordynuik, President and CEO
john@johnbordynuik.com
Investor Relations
Katie Matkowski
Katie@johnbordynuik.com
+1 (289) 296-5538
JBI, Inc. Will Become Debt-Free on December 29, 2009
NIAGARA FALLS, Ontario, Dec 18, 2009 (GlobeNewswire via COMTEX) -- JBI, Inc. (the
"Company") (JBII) is pleased to report that all corporate debt, including accrued
interest, will be paid in full effective December 29, 2009. The Company's
debt-free status will then result in a monthly savings of over $26,000 in
interest payments. The debt will be paid off without dilution to the Company's
shareholders.
Furthermore, JBI will provide a major update on its Plastic2Oil business unit and
positive progress prior to Christmas.
John Bordynuik, CEO/President, stated, "We are very optimistic and excited about
our growth potential in 2010. All of our divisions, particularly P2O, are now
positioned for rapid revenue growth, and the elimination of all interest payments
will augment net earnings expansion."
About JBI, Inc.
JBI, Inc. is transitioning to become a global technology leader whose purpose is
to mine data from JBI's large information archive, find under-productive entities
to inject our superior proprietary technologies into, and benefit from increased
productivity and profitability, beginning with Plastic2Oil. JBI has also acquired
the following operations:
JAVACO, Inc. ("Javaco") is part of the Supplier Diversity Network, WBENC. JAVACO,
Inc. currently distributes over 100 lines of equipment from fiber optic
transmitters to RF connectors. To further enhance business in the United States,
new distribution lines are frequently being added including a line of home
theater and audio video products. Javaco will operate and manage the Company's
Plastic2Oil sites in Mexico.
Pak-It, LLC ("Pak-It"): Using the patented Pak-It(TM) delivery system (liquid
cleaner in a water soluble sachet) Pak-It can deliver glass cleaner,
disinfectant, multi-purpose, and many more cleaning products (42 products
currently) shipped in tiny packages of condensed cleaner (inside a 'dry' 1 quart
container). This delivery method is "green" since it's fully biodegradable and
saves thousands of dollars in shipping. The user simply adds water to the
container without measuring or cutting the Pak-It. Large retailers and many
national Building Service Contractors already using the product have documented
significant cost savings from shipping, training, inventory control and space.
Accordingly, our revenue sources presently include (i) income from reading
archived tapes (including microfiche) from clients such as NASA, (ii) income from
the recently acquired Javaco, Inc., (iii) income from the sale of Pak-It
products, and bulk chemical facility which we realize beginning October 1, 2009,
and (iv) from the anticipated commencement of operations in the fourth quarter of
2009 with Plastic2Oil, a process and service that converts plastic to fuel oil.
For more information, please see http://www.jbiglobal.com and
http://www.javacoinc.com and http://www.pakit.com/.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking
statements" within the meaning of the Securities Act of 1933 and the Securities
Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act.
The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several
significant substantive changes affecting certain cases brought under the federal
securities laws, including changes related to pleading, discovery, liability,
class representation and awards fees and of 1995. Those statements include
statements regarding the intent, belief or current expectations of JBI, Inc., and
members of its management as well as the assumptions on which such statements are
based. Prospective investors are cautioned that any such forward-looking
statements are not guarantees of future performance and involve risks and
uncertainties, and that actual results may differ materially from those
contemplated by such forward-looking statements. The Company undertakes no
obligation to update or revise forward-looking statements to reflect changed
assumptions, the occurrence of unanticipated events or changes to future
operating results.
This news release was distributed by GlobeNewswire, http://www.globenewswire.com
SOURCE: JBI, Inc.
CONTACT:JBI, Inc.
John Bordynuik, President and CEO
john@johnbordynuik.com
Investor Relations
Katie Matkowski
+1 (289) 296-5538
Katie@johnbordynuik.com
(C) Copyright 2009 GlobeNewswire, Inc. All rights reserved.
Brekford Corp. Awarded Fruitland Photo Speed Enforcement Contract
On Wednesday December 16, 2009, 12:59 pm
HANOVER, Md., Dec. 16, 2009 (GLOBE NEWSWIRE) -- Brekford Corp. (OTCBB:BFDI - News), in partnership with RedSpeed, has been awarded a three year contract to deliver industry leading photo speed enforcement services to the town of Fruitland; located in Wicomico County, Maryland; population over four thousand.
Under the terms of the contract, Brekford powered by RedSpeed will install photo speed enforcement monitoring solutions in various school zones. Speeding is one of the most prevalent factors contributing to traffic accidents. Nearly one third of all fatal crashes are speed related.
Chief Michael Phillips of the Fruitland Police Department states, "Our goal is to make the Fruitland roadways safer as drivers modify their driving habits and realize they cannot speed through school zones. We are working with Brekford and RedSpeed to implement photo speed monitoring devices. With the Brekford and RedSpeed teams, I expect satisfactory results from our safety program."
The State of Maryland's significant expansion and implementation of speed control systems throughout the state is estimated to generate $65.3 million in new photo ticket revenues by 2014 and an estimated $9.8 million opportunity for private sector companies servicing the public safety landscape.
CB Brechin, Chief Executive Officer of Brekford, stated, "We consider this contract an important win for Brekford because it supports a cornerstone of Fruitland's efforts to keep the streets safe for children." Mr. Brechin went on to say, "The partnership between Brekford and RedSpeed joins together two companies with proven and complete vehicle and photo law enforcement solutions and is recognition of our commitment to the school zone safety. This win is the first in many contract awards in Maryland to come for Brekford for photo speed enforcement."
The combination of Brekford's complete law enforcement vehicle solutions and RedSpeed's proven expertise in turnkey processing services will provide Fruitland law enforcement agencies with a "one-stop-shop" to obtain cutting edge technology solutions and services specifically designed to improve traffic safety within school zones and safer streets.
Brekford Corp. is a leading homeland technology service provider of fully integrated vehicle installation and rugged technology solutions geared towards mission critical operations. For more than a decade, the company has provided services to branches of the U.S. military, various federal entities and numerous security and public safety agencies. Brekford provides these agencies with an end-to-end suite of mobile products and services designed to streamline procurement and operations.
Brekford 360 degree vehicle solutions provides complete vehicle upfitting, mobile data and video solutions including municipal financing and leasing services for agencies. The 360 degree vehicle solutions approach provides customers with a one stop upfitting, cutting edge technology and installation service.
For more Company information, please visit www.brekford.com
The Brekford Corp. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6847
RedSpeed USA is a provider of customizable turn-key Speed and Red Light Automated Photo Enforcement Solutions.
For more Company information, please visit www.redspeed-usa.com
Forward Looking Statements
This press release contains forward-looking statements within the meaning of that term in Section 21E of the Securities Exchange Act of 1934, as amended. Actual results may differ materially from the results suggested by these forward-looking statements, for a number of reasons, including, but not limited to, market conditions, the cost and success of development activities and ability to successfully manage growth. Readers are referred to the documents filed by Brekford International Corp. with the SEC, specifically the Company's most recent reports filed on Form 10-K and Forms 10-Q, which further identify the important risk factors which could cause actual results to differ materially from the forward-looking statements in this release. The Company expressly disclaims any obligation to update any forward-looking statements.
Contact:
Brekford Corp.
C.B. Brechin, Chief Executive Officer
443-557-0200investors@brekford.com
ROIAK is now a 6 bagger since my call!
SMED....More Americans have been vaccinated against seasonal flu this fall than ever before by this time of year, federal health officials said Friday.
Sixty million people have gotten the winter flu vaccine — probably because they’re paying more attention to flu warnings in general, thanks to swine flu. It’s an unprecedented number of seasonal flu shots for October; most usually aren’t given until later in the fall.
Part of it is due to supply: There are already 85 million doses of seasonal flu vaccine available, a much larger amount than usual for this early in the fall. Most years, roughly 100 million doses are used during the season.
http://www.msnbc.msn.com/id/33449637/ns/health-cold_and_flu/
Where do all those needles go...into sharps containers....
Sharps was awarded a $40 million contract in February this year by an agency of the U.S. government to provide its Sharps(R)MWMS(TM), a Medical Waste Management System designed to be an integral part of governmental and commercial emergency preparedness programs. Sharps(R)MWMS(TM) is a comprehensive medical waste solution which includes an array of services and products necessary to effectively collect, store and dispose of medical waste outside of the hospital and large healthcare facility setting and is capable of rapid deployment.
Sharps Compliance Awarded GSA Schedule Contract and Distribution and Pricing Agreement
FINANCIALS.....http://finance.yahoo.com/q/is?s=smed
http://www.sharpsinc.com/ ............hog
Wall Street Reporter, Inc. Interviews JBI, Inc. CEO John Bordynuik
On 8:00 am EST, Thursday December 10, 2009
NIAGARA FALLS, Ontario, Dec. 10, 2009 (GLOBE NEWSWIRE) -- JBI, Inc. (the "Company") (OTCBB:JBII - News) announces that John Bordynuik, CEO / President, was interviewed on December 9, 2009 by Wall Street Reporter, Inc. Senior Analyst Juan Costello. The in-depth interview covered JBI's business model, current progress, and future growth strategies. The Wall Street Reporter is an established and important information source for public companies. The interview will be available to their global investor audience, which includes fund managers, stockbrokers, analysts, and investment bankers, as well as sophisticated individual investors.
John Bordynuik commented, "I am pleased to present our loyal shareholders and prospective investors with this synopsis of our current progress and future plans. The investment community appears to be discovering JBI, as I have recently been contacted by various media sources and investment professionals. My interview will hopefully answer many questions. Many positive things are happening with our Company and I look forward to continued growth in 2010."
The interview is available at www.wallstreetreporter.com, or directly via this link: http://www.wallstreetreporter.com/2009/12/jbi-inc-otc-bb-jbii-ceo-interview/
About JBI, Inc.
JBI, Inc. is transitioning to become a global technology leader whose purpose is to mine data from JBI's large information archive, find under-productive entities to inject our superior proprietary technologies into, and benefit from increased productivity and profitability, beginning with Plastic2Oil. JBI has also acquired the following operations:
JAVACO, Inc. ("Javaco") is part of the Supplier Diversity Network, WBENC. JAVACO, Inc. currently distributes over 100 lines of equipment from fiber optic transmitters to RF connectors. To further enhance business in the United States, new distribution lines are frequently being added including a line of home theater and audio video products. Javaco will operate and manage the Company's Plastic2Oil sites in Mexico.
Pak-It, LLC ("Pak-It"): Using the patented Pak-It(TM) delivery system (liquid cleaner in a water soluble sachet), Pak-It can deliver glass cleaner, disinfectant, multi-purpose, and many more cleaning products (42 products currently) shipped in tiny packages of condensed cleaner (inside a 'dry' 1 quart container). This delivery method is "green" since it's fully biodegradable and saves thousands of dollars in shipping. The user simply adds water to the container without measuring or cutting the Pak-It. Large retailers and many national Building Service Contractors already using the product have documented significant cost savings from shipping, training, inventory control and space.
Accordingly, our revenue sources presently include (i) income from reading archived tapes (including microfiche) from clients such as NASA, (ii) income from the recently acquired JAVACO, Inc., (iii) income from the sale of Pak-It products, and bulk chemical facility which we realize beginning October 1, 2009, and (iv) from the anticipated commencement of operations in the fourth quarter of 2009 with Plastic2Oil, a process and service that converts plastic to fuel oil. For more information, please see http://www.jbiglobal.com and http://www.javacoinc.com and http://www.pakit.com/.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act. The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Those statements include statements regarding the intent, belief or current expectations of JBI, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contact:
JBI, Inc.
John Bordynuik, President and CEO
john@johnbordynuik.com
Investor Relations
Katie Matkowski
+1 (289) 296-5538
Katie@johnbordynuik.com
Great info. I was also given the following for more DD work:
http://www.dividenddetective.com/big_dividend_list3.htm
Boca, some historical divy data found here
http://dividendinvestor.com/
Click the Dividend Paid Since found mid left to open some history. I assume a subscriber to the site gains access to a great deal more data, to date I’ve only seen the free access info.
If you find a better site please let me know.
JBI, Inc. CEO Reduces Outstanding Common Shares by 12 Million
NIAGARA FALLS, Ontario, Dec 8, 2009 (GlobeNewswire via COMTEX) -- JBI, Inc. (the
"Company") (JBII) announces that John Bordynuik, CEO / President, has returned
twelve million of his common shares to the Company's treasury and was issued one
million non-convertible preferred shares, with 100 to 1 voting rights and no
dividend income. The net effect of this transaction is that there will now be
46,725,106 total outstanding common shares and 1,000,000 series A super voting
preferred stock outstanding. The Company's shares are available to use for
accretive acquisitions and debt pay-off.
John Bordynuik commented, "Since June 2009, I have returned 22 million of my
common shares to the Company's treasury. I have no interest in selling my
personal shares or impeding corporate share growth through unnecessary or
potentially damaging dilution. My goal is to build a dynamic global growth
company and, in so doing, to maximize share valuation for all loyal shareholders.
This is best accomplished by growing our core businesses, making prudent
acquisitions, and increasing net earnings per share."
About JBI, Inc.
JBI, Inc. is transitioning to become a global technology leader whose purpose is
to mine data from JBI's large information archive, find under-productive entities
to inject our superior proprietary technologies into, and benefit from increased
productivity and profitability, beginning with Plastic2Oil. JBI has also acquired
the following operations:
JAVACO, Inc. ("Javaco") is part of the Supplier Diversity Network, WBENC. JAVACO,
Inc. currently distributes over 100 lines of equipment from fiber optic
transmitters to RF connectors. To further enhance business in the United States,
new distribution lines are frequently being added including a line of home
theater and audio video products. Javaco will operate and manage the Company's
Plastic2Oil sites in Mexico.
Pak-It, LLC ("Pak-It"): Using the patented Pak-It(TM) delivery system (liquid
cleaner in a water soluble sachet) Pak-It can deliver glass cleaner,
disinfectant, multi-purpose, and many more cleaning products (42 products
currently) shipped in tiny packages of condensed cleaner (inside a 'dry' 1 quart
container). This delivery method is "green" since it's fully biodegradable and
saves thousands of dollars in shipping. The user simply adds water to the
container without measuring or cutting the Pak-It. Large retailers and many
national Building Service Contractors already using the product have documented
significant cost savings from shipping, training, inventory control and space.
Accordingly, our revenue sources presently include (i) income from reading
archived tapes (including microfiche) from clients such as NASA, (ii) income from
the recently acquired JAVACO, Inc., (iii) income from the sale of Pak-It
products, and bulk chemical facility which we realize beginning October 1, 2009,
and (iv) from the anticipated commencement of operations in the fourth quarter of
2009 with Plastic2Oil, a process and service that converts plastic to fuel oil.
For more information, please see http://www.jbiglobal.com and
http://www.javacoinc.com and http://www.pakit.com/.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking
statements" within the meaning of the Securities Act of 1933 and the Securities
Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act.
The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several
significant substantive changes affecting certain cases brought under the federal
securities laws, including changes related to pleading, discovery, liability,
class representation and awards fees and of 1995. Those statements include
statements regarding the intent, belief or current expectations of JBI, Inc., and
members of its management as well as the assumptions on which such statements are
based. Prospective investors are cautioned that any such forward-looking
statements are not guarantees of future performance and involve risks and
uncertainties, and that actual results may differ materially from those
contemplated by such forward-looking statements. The Company undertakes no
obligation to update or revise forward-looking statements to reflect changed
assumptions, the occurrence of unanticipated events or changes to future
operating results.
This news release was distributed by GlobeNewswire, http://www.globenewswire.com
SOURCE: JBI, Inc.
CONTACT:JBI, Inc.
John Bordynuik, President and CEO
john@johnbordynuik.com
Investor Relations
Katie Matkowski
Katie@johnbordynuik.com
+1 (289) 296-5538
(C) Copyright 2009 GlobeNewswire, Inc. All rights reserved.
UVICF buyback of 48% of their shares!!!!
I've been buying UVICF pretty heavily as of recently. UVICF makes contact lenses. They made $0.11/share in their fiscal Q1'10 quarter (ending in September) and $0.42/share for the TTM. They pay a hefty dividend of $0.09/share/quarter for a yield of 8.8%. They last traded at $4.10 and have been undervalued IMO because of the overhang of 48% of their shares which were held by an entity in liquidation. They are going to buy back those share for $3.15/share pending stockholder approval which IMO is a nobrainer to approve. That buyback is going to significantly increase diluted EPS going forward to something like $0.75/share/year. IMO the stock has a good chance to double in the next six months.
http://finance.yahoo.com/news/Unilens-Announces-Stock-prnews-2404444871.html?x=0&.v=1
I'm not sure of an easy way to look at dividend history for a listed stock. A hard way would be to look at old press releases. However, obtaining a long history of press releases can be a challenge. You can go to the company's web site or use the following web site but either may be insufficient:
http://markets.about.com/about
On the OTCBB and the pinksheets there is an easy way. You can look at the daily list history for the company. Just go to the following link and enter the symbol for the company:
http://www.otcbb.com/AllDailyList/
Here is example output for my favorite dividend paying stock UVICF:
http://www.otcbb.com/asp/dailylist_search.asp?DirectSymbol=UVICF&OTCBB=OTCBB
Dividend Stocks:
Hey guys,
I am wondering if someone here can help me. I want to know where I can find out how regular a company has been when it comes to paying a dividend. It's easy enough to find the highest paying dividend company with a simple yahoo search.
But, I have found companies paying over 10% in some cases. I want to know if these has been the case for these companies over a long period of time or just in the last year or so.
I wanted to start accumulating positions in different sectors of stocks that pay good dividends. So I want something that pays like clockwork, steady and consistent. Or if anyone else has a way to find great dividend paying companies, I'd love to hear about them.
TIA
The AMLJ website was very recently updated. In the investor FAQ it states the following about starting additional shifts:
Q.The company commented on the large production potential of the UAV (Unmanned Aerial Vehicle) market. How does AML plan to address increases in production levels associated with large programs?
A.The company has made significant investments in automation. Automation has been used extensively during this FY to reach a new high in production levels. Recently we introduced a second shift and are in process of training a third shift.
http://www.amlj.com/investors.html#
Electronic Game Card, Inc. and Bally Technologies Sign Worldwide Licensing
Agreement
IRVINE, Calif. and LONDON, Dec 04, 2009 /PRNewswire-FirstCall via COMTEX/ --
Electronic Game Card, Inc. ("EGC") (EGMI), announced today that it has signed a
worldwide licensing agreement with Bally Technologies, Inc. ("Bally") (BYI), a
leading designer, manufacturer, operator and distributor of advanced gaming
devices, systems and technology solutions. The licensing agreement provides EGC
with an immediate increase to its library of games with well-known product from
Bally IP brands.
Anna Houssels, Executive Vice President of Sales for Electronic Game Card, Inc.,
commented, "This licensing agreement launches our relationship with one of the
premier gaming companies in the world. We anticipate that this is only the
beginning of a long, deepening and prosperous relationship. Bally games are known
around the world with some of the best played games including Power
Progressives(TM), Quick Hit(TM), Goldbeard's Treasure(TM), Mermaid's
Treasure(TM), the Greek Heroes series, the Outdoor Wild(TM) series, World
Traveler(TM), Japanese Express(TM), Venice Romance(TM), Power Max Reels(TM),
Super Reel Jackpots(TM), and the Super Reel Jackpots(TM) series which includes
Diamonds & Roses(TM), Silver & Gold, and Firecracker Free Games(TM), to name a
few."
"As the oldest slot manufacturer in the world, we continue to push ahead into new
geography and transformative technology, always with the emphasis on solid and
dependable product performance," said Gavin Isaacs, Chief Operating Officer of
Bally. "EGC has developed a next generation game card that meets the high
standards we set for ourselves and it is emerging as a company that is offering a
dynamic product portfolio. We look forward to extending the reach of our brands
even further through their growing network."
Under the terms of the three-year worldwide licensing agreement that includes
renewal options, Bally will license to EGC its full and entire library, with the
exception of third-party licensed IP that may be separately negotiated, to be
used on EGC products for both Electronic GameCards(TM), deemed gambling, bingo or
lottery devices, as well as Electronic GameCards(TM) intended as promotional
products for non-gaming purposes. Bally will receive an initial license fee and
licensing royalty percentage on product sold over the term of the agreement
utilizing Bally Property and Trademarks. The marketing start date of the
agreement has been set for January 31, 2010.
"This strategic licensing agreement between EGC and Bally expands our game
library well beyond the immediate goal we set earlier this year. Not only does
Bally have an extensive game library of some of the most valued games in the
world, but it also has one of the largest dedicated R&D and Sales teams in the
industry, worldwide, that continue to develop and market the next exciting games
for players to enjoy," added Kevin Donovan, Interim Joint Chairman and Chief
Executive Officer of EGC.
Annual Stockholders Meeting
On September 14, 2009, the Company announced the postponement of its annual
meeting of stockholders until November 2009. With the untimely passing of its
esteemed Executive Chairman, the Lord Leonard Steinberg, and the subsequent
resignation of its chief financial officer, Thomas E. Schiff, the Company has
decided to further postpone the annual meeting of stockholders until January 2010
to provide more time to adapt to the resulting changes to its executive
management team. The resulting administrative changes have had no impact on the
company's business.
About Electronic Game Card, Inc.
Electronic Game Card, Inc., (EGMI), develops, produces and markets innovative
games to the casinos and lottery, toys and games, education, and promotional
industry worldwide. The Company's lead product is the EGC Electronic
GameCard(TM), a unique credit card-sized pocket game combining patent and
patent-pending proprietary technology of interactive capability with "instant
win" excitement. The "EGC Electronic GameCard(TM)" can be programmed to suit a
variety of gaming and promotion applications.
EGMI's client base is across the $100 billion global market of, sales promotion,
gaming and casinos, Indian gaming and state and national lotteries markets. EGMI
develops sales and marketing relationships with agents and distributors globally
and currently has agents and distributors in North America, United Kingdom,
Ireland, South Korea, Mexico, Italy, Sweden, Norway, Denmark, Finland, South
Africa Australia, New Zealand and Japan.
For further information please visit http://www.electronicgamecard.com
About Bally Technologies, Inc.
With a history dating back to 1932, Las Vegas-based Bally Technologies designs,
manufactures, operates and distributes advanced gaming devices, systems and
technology solutions worldwide. Bally's product line includes reel-spinning slot
machines, video slots, wide-area progressives, and Class II, lottery and central
determination games and platforms. As the world's No. 1 gaming systems company,
Bally also offers an array of casino management, slot accounting, bonusing,
cashless and table management solutions. The Company also owns and operates
Rainbow Casino in Vicksburg, Miss. For more information, please contact Laura
Olson-Reyes, Director of Corporate Communications, at 702-584-7742, or visit
http://www.ballytech.com.
This news release contains disclosures that are forward-looking statements.
Forward-looking statements include statements that are predictive in nature, that
depend upon or refer to future events or conditions, or that include words such
as "continue," "efforts," "expects," "anticipates," "intends," "plans,"
"believes," "estimates," "projects," "forecasts," "strategy," "will," "goal,"
"target," "prospects," "potential," "optimistic," "confident," "likely,"
"probable" or similar expressions. These forward-looking statements are based on
current expectations or beliefs and include, but are not limited to, statements
about maximizing gross profit dollars, the Company's potential to achieve top and
bottom line growth. Statements of historical fact also may be deemed to be
forward-looking statements. We caution that these statements by their nature
involve risks and uncertainties, and actual results may differ materially
depending on a variety of important factors, including, among others: the
company's ability to meet its obligations under existing and anticipated
contractual obligations; the company's ability to develop, market, sell and
distribute desirable applications, products and services and to protect its
intellectual property; the ability and willingness of third-party manufacturers
to timely and cost-effectively fulfill orders from the company; the ability of
the company's customers to pay and the timeliness of such payments, particularly
during recessionary periods; the company' ability to obtain financing as and when
needed; changes in consumer demands and preferences; the company's ability to
attract and retain management and employees with appropriate skills and
expertise; the impact of changes in market, legal and regulatory conditions and
in the applicable business environment, including actions of competitors; and
other factors as may be discussed in the documents filed by the company with
regulatory authorities, including without limitation, EGC's annual report on Form
10-K for December 31, 2008 filed with the Securities and Exchange Commission and
any other filings that identify important risk factors that could cause actual
results to differ from those contained in forward-looking statements. The company
undertakes no obligation to review or confirm analysts' expectations or estimates
or to release publicly any revisions to any forward-looking statements to reflect
events or circumstances after the date hereof or to reflect the occurrence of
unanticipated events.
Contacts:
Yvonne L. Zappulla
Managing Director
Grannus Financial Advisors, Inc.
(212) 681-4108
yvonne@grannusfinancial.com
Kevin Donovan
Interim Joint Chairman and
Chief Executive Officer
Electronic Game Card, Inc.
(866) 924-2924
investor.relations@electronicgamecard.com
SOURCE Electronic Game Card, Inc.
http://www.electronicgamecard.com
Copyright (C) 2009 PR Newswire. All rights reserved
Libbey Inc. to Present at Bank of America Merrill Lynch Credit Conference
TOLEDO, Ohio, Dec 02, 2009 /PRNewswire-FirstCall via COMTEX/ -- Libbey Inc.
(LYBI) today announced that it will participate in the Bank of America Merrill
Lynch Credit Conference to be held Wednesday, December 2, 2009, and Thursday,
December 3, 2009, at the Crowne Plaza Hotel in New York City. Libbey Chairman and
Chief Executive Officer, John Meier, and Libbey Vice President and Chief
Financial Officer, Greg Geswein, will give a formal presentation on Thursday,
December 3rd, at 2:20 p.m. Eastern Standard Time. The presentation will be
followed by a 20-minute Q&A break-out session.
The event will be webcast and available on the Company's website,
http://www.libbey.com, or at the following URL:
http://www.veracast.com/webcasts/bas/credit09/id97210137.cfm. A replay of the
presentation will be available 1-hour after conclusion of the live event and will
expire December 18, 2009.
Libbey Inc.:
1. is the largest manufacturer of glass tableware in the western hemisphere
and one of the largest glass tableware manufacturers in the world;
2. is expanding its international presence with facilities in China, Mexico,
the Netherlands and Portugal;
3. is the leading manufacturer oftabletop products for the U.S.
foodservice industry; and
4. supplies products to foodservice, retail, industrial and
business-to-business customers in over 100 countries.
Based in Toledo, Ohio, since 1888, Libbey operates glass tableware manufacturing
plants in the United States in Louisiana and Ohio, as well as in Mexico, China,
Portugal and the Netherlands. Its Crisa subsidiary, located in Monterrey, Mexico,
is the leading producer of glass tableware in Mexico and Latin America. Its Royal
Leerdam subsidiary, located in Leerdam, Netherlands, is among the world leaders
in producing and selling glass stemware to retail, foodservice and industrial
clients. Its Crisal subsidiary, located in Portugal, provides an expanded
presence in Europe. Its Syracuse China subsidiary designs and distributes an
extensive line of high-quality ceramic dinnerware, principally for foodservice
establishments in the United States. Its World Tableware subsidiary imports and
sells a full-line of metal flatware and holloware and an assortment of ceramic
dinnerware and other tabletop items principally for foodservice establishments in
the United States. Its Traex subsidiary, located in Wisconsin, designs,
manufactures and distributes an extensive line of plastic items for the
foodservice industry. In 2008, Libbey Inc.'s net sales totaled $810.2 million.
SOURCE Libbey Inc.
http://www.libbey.com
Copyright (C) 2009 PR Newswire. All rights reserved
"Big P2O works - it's a done deal. We needed a second set of eyes to validate the processor for mass rollout and safety (and bragging rights) which will allow us to promote P2O in the mainstream news."
~~John Bordynuik, CEO of JBII, 12/1/09
JBII CEO on NASA's own website:
http://prod.nais.nasa.gov/cgi-bin/eps/synopsis.cgi?acqid=136081
I've been buying VSYS heavily. They make electronic door control access and telecommunications systems for the security industry. Here are some reasons why I think VSYS likely will more than double:
1. They made $0.008/share in the most recent quarter and yet only trade at $0.142. That figures out to a PE of roughly 5 on annualized Q3 numbers.
2. They just announced a $2M order on 10/05/09 which is huge considering that their revenue last quarter was just under $1.5M. They also announced a $450K order on 06/17/09. Furthermore there is a $2M rollout that is discussed in a 5/25/09 PR.
3. They are guiding for a good Q4. They stated: “For the first nine months of 2009 compared to 2008 our bottom line has improved by $326,000. As we enter the end of 2009 we expect these positive results to continue both in terms of revenue and profit.”
For more DD please visit the VSYS board located here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43963627
IAIC is one of my favorites. I like IAIC a lot and have been buying heavily. It looks like a potential multi-bagger to me. Here are the reasons why I like it:
1. They earned $0.011/share last quarter which is huge considering the share price of $0.18.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44030146
2. They have a pristine balance sheet with a book value of $0.144/share and cash of $0.084/share.
3. In the earnings PR they said they were recently awarded contracts in excess of $3M which is big considering their revenue.
4. They said they have a number of bid opportunities for new business which should allow their profitability to continue to grow.
5. On 10/01/09 they signed an IDIQ contract with the Department of Homeland Security.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44028703
6. In the Q3 earnings PR they stated: "We continue to pursue merger and acquisition opportunities."
For more DD go to the IAIC board located here:
http://investorshub.advfn.com/boards/board.aspx?board_id=2727
JBII = SEXIEST STORY STOCK I'VE EVER SEEN
Massive breakout to happen soon IMO. Here's why:
(1) JBII is currently undergoing third party valuation with a national lab (used by the refineries) for their revolutionary waste plastic and tires to fuel that produces oil at less than $10/barrel. It may seem too good to be true but with the third party valuation complete shortly? All bets are off. There will be an all out media blitz like something you've never seen before IMO
(2) CEO is a highly credible world famous celebrity that has worked with Paul Allen, co-founder of MSFT, is sole-sourced for the core business by NASA, contracted with the UN, US army, MIT, Harvard, major oil companies -- here's an independent magazine article on this genius:
http://www.niagarathisweek.com/news/article/84243
From the above article on the CEO John Bordynuik: Before attending Brock University in 1989, he told his bank he found $1.2 million in his account after he transferred it there through bank machines using a flaw in the bank's computer program. "Honest John," as the headlines called him, returned every cent even though he fought for nearly a week with bank officials who were saying the money was indeed his.
Conference Call:
JBII highlights: === Executive Summary and Hot Posts ===
JBI Global Video Presentation: http://www.genuan.com/JBI-InvestorUpdate-Nov2009.wmv
Be sure to Sign Up for the JBII EMail Alerts List here: http://investorshub.advfn.com/boards/chairmail_sub.asp?board_id=15341
=========== Hot Posts ===========
Conference Call Q+A
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43871790
Latest News/Developments:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43264482
Realistic Outlook for JBII from Estimated_Prophet:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43364361
buenokite sees the LIGHT:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43297366
Pak-It Products - Tests and Results:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43326373
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42529019
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43326524
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43326714
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43329897
CEO John Bordynuik Speaks:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43303970
Gold in Tires: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43377140
Got any ideas to help promote Pak-It?: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43303606
JBII Revenue Sources:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43267255
Misc Hot Posts:
Reading Tapes: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43356426
=========== Executive Summary ===========
JBII. Awesome longer term investment here. Fully reporting. 13M Float. Zero dilution,
Audited financials, the works:
Plastic2Oil. ===
Video, Prototype:
1. Existing machines are used in China, Thailand, Taiwan, etc to convert Plastic to oil.
2. Bordynuik discovered a catalyst that makes this process much more efficient.
3. After the data is recovered from these tapes (they weigh about 5 lbs each), they will be fed into the machine and converted back to the oil from which they came from in the first place.
4. The oil (in the gasoline range from independent analysis) needs minimal refining, and will be sold into the refining market. He already has buyers.
5. The whole process will be franchised across the country/world. The first franchise has already been bought. 25 additional Joint Ventures are being negotiated.
6. The process will also recover oil from used tires.
7. Of course there is an unending amount of other waste plastic available to be converted to oil.
Roughly 8 lbs of plastic = 1 Gallon of fuel.
8. In larger metropolitan areas, the company will run it's own machines.
9. The first big production machine is currently being assembled in Niagra Falls.
NASA Tape Reading
Watch this Video of the CEO John Bordynuik demonstrating his new technology of reading computer tapes from NASA.
They get $22/tape. NASA has Millions of tapes to be read. Other companies also need these tapes read. Oil companies have a huge number of old seismic data tapes that can be reanalyzed with current software.
Board: http://investorshub.advfn.com/boards/board.aspx?board_id=15341
Be sure to click on "Show iBox".
CEO: http://www.johnbordynuik.com
Company: http://www.310holdings.com. New website coming soon.
CEO Article: http://www.johnbordynuik.com/BusinessNiagaraMagazine.pdf
Full DD: http://www.Lighthouse57.com/JBIIBrochure.doc
1. CEO, John Bordynuik, is a very well respected scientist with close ties to NASA, MIT, numerous Fortune 100 companies, United Nations, US Army. Website: http://JohnBordynuik.com .
2. Bordynuik has a very profitable private company, John Bordynuik Inc. (JBI) that reads the 'unreadable', i.e. the over 50 million computer tapes from the early computer era (60's-80's). There is a wealth of information on those tapes, and he developed his own tape drives to read these degraded tapes.
3. He has an exclusive contract with NASA and gets paid $22 per tape to recover the data. They are currently processing about 700 tapes a day, but will be processing many more due to new tape drives coming online very soon.
4. Their process can be used on any tapes, both legacy and current.
5. They have recently revolutionized data recovery methods (and Patented these methods), increasing the throughput tremendously, and are exploring applying the technology to disk hard drives as well.
6. A new office in Cambridge, MA has been leased, and will open soon.
310 Holdings (old symbol: TRTN) is now JBI Inc.(JBII) ===
In April 2009, Bordynuik bought a public shell company (310 Holdings), and moved most of the assets and production facilities from his private company (JBI) into the public company. The public company now has a positive balance sheet, with revenues. The transaction was independently audited. The new name of the company is JBI Inc.
The company is fully reporting and compliant. Stock Symbol: JBII
The goal of the company is to move to the NASDAQ exchange within a few months.
Recent Acquisitions:
1. Pak-It: http://pakit.com
2. DCL Solutions: http://dclsolutions.com/
2. Javaco: http://javacoinc.com
2nd one is the correct version.
ROIAK ROUND 2 = Fist-Pounding No-Brainer over the next several months/quarters IMO
Earned +.22 EPS last Q (plus a +.03 one-time gain) which around DOUBLE the EPS of the sequential quarter just prior! Annualized = +.88 -- trades right now with an annualized PE of less than 3! Book value close to $5/share. Seems like the stock should be trading at $5-7 right now. With any improvement in the economy and the ad rates for radio, ROIAK could end up becoming a cash-making machine in 2010. Also they are consistently paying down large portions of their debt which will continue to reduce interest expense and add directly to the bottom line.
ROIAK ROUND 2 = Fist-Pounding No-Brainer over the next several months/quarters IMO
Earned +.25 EPS last Q which is more than DOUBLE the EPS of the sequential quarter just prior! Annualized = +1.00. Trades right now with a PE of less than 3 which is around Book value close to $5/share. Seems like the stock should be trading at $5-7 right now. With any improvement in the economy and the ad rates for radio, ROIAK could end up becoming a cash-making machine in 2010
JBII had their CC yesterday...check the JBII board for details....the 3rd party validation of their plastic to oil processor will soon be complete....when it's done the franchise sales start rolling....JBII = a huge multi-bagger in the making IMO
http://investorshub.advfn.com/boards/board.aspx?board_id=15341
JBI, Inc. Announces Interactive Conference Call Details
NIAGARA FALLS, Ontario, Nov 19, 2009 (GlobeNewswire via COMTEX) -- JBI, Inc. (the
"Company") (JBII) announces that a presentation and interactive conference call
has been scheduled for Monday, November 23, 2009 at 3:00 pm Eastern Standard Time
(New York, GMT-05:00). Interested individuals may join the teleconference only by
calling the toll-free number (U.S./Canada): 1-877-669-3239 and enter event code:
664 952 426. However, the interactive version, (computer and speakers) with no
phone required, is the preferred and recommended method. To join the online
event, please visit the JBI website on Monday November 23 at
http://www.jbiglobal.com for the access link. Management will be giving all
shareholders and interested parties an update on corporate operations.
John Bordynuik commented, "I look forward to giving all loyal shareholders, money
managers, and prospective investors a comprehensive progress report on our
company. We are working diligently to maximize shareholder value through strong
internal growth and synergistic, accretive acquisitions."
About JBI, Inc.
JBI, Inc. is transitioning to become a global technology leader whose purpose is
to mine data from JBI's large information archive, find under-productive entities
to inject our superior proprietary technologies into, and benefit from increased
productivity and profitability, beginning with Plastic2Oil. JBI has also acquired
the following operations:
JAVACO, Inc. ("Javaco") is part of the Supplier Diversity Network, WBENC. JAVACO,
Inc. currently distributes over 100 lines of equipment from fiber optic
transmitters to RF connectors. To further enhance business in the United States,
new distribution lines are frequently being added including a line of home
theater and audio video products. Javaco will operate and manage the Company's
Plastic2Oil sites in Mexico.
Pak-It, LLC ("Pak-It"): Using the patented Pak-It(TM) delivery system (liquid
cleaner in a water soluble sachet) Pak-It can deliver glass cleaner,
disinfectant, multi-purpose, and many more cleaning products (42 products
currently) shipped in tiny packages of condensed cleaner (inside a 'dry' 1 quart
container). This delivery method is "green" since it's fully biodegradable and
saves thousands of dollars in shipping. The user simply adds water to the
container without measuring or cutting the Pak-It. Large retailers and many
national Building Service Contractors already using the product have documented
significant cost savings from shipping, training, inventory control and space.
Accordingly, our revenue sources presently include (i) income from reading
archived tapes (including microfiche) from clients such as NASA, (ii) income from
the recently acquired JAVACO, Inc., (iii) income from the sale of Pak-It
products, and bulk chemical facility which we realize beginning October 1, 2009,
and (iv) from the anticipated commencement of operations in the fourth quarter of
2009 with Plastic2Oil, a process and service that converts plastic to fuel oil.
For more information, please see http://www.jbiglobal.com and
http://www.javacoinc.com and http://www.pakit.com/.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking
statements" within the meaning of the Securities Act of 1933 and the Securities
Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act.
The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several
significant substantive changes affecting certain cases brought under the federal
securities laws, including changes related to pleading, discovery, liability,
class representation and awards fees and of 1995. Those statements include
statements regarding the intent, belief or current expectations of JBI, Inc., and
members of its management as well as the assumptions on which such statements are
based. Prospective investors are cautioned that any such forward-looking
statements are not guarantees of future performance and involve risks and
uncertainties, and that actual results may differ materially from those
contemplated by such forward-looking statements.
The Company undertakes no obligation to update or revise forward-looking
statements to reflect changed assumptions, the occurrence of unanticipated events
or changes to future operating results.
This news release was distributed by GlobeNewswire, http://www.globenewswire.com
SOURCE: JBI, Inc.
CONTACT:JBI, Inc.
John Bordynuik, President and CEO
john@johnbordynuik.com
Investor Relations
Katie Matkowski
Katie@johnbordynuik.com
+1 (289) 296-5538
(C) Copyright 2009 GlobeNewswire, Inc. All rights reserved.
LYBI to $20+ A SHARE IMO. HERE'S WHY:
(1) LYBI is major turnaround play. LYBI reported a fat +.23 EPS last Q after losing money for long time. Closing unprofitable plants, cutting costs, and interest expense reduction has caused LYBI to suddenly start raking in huge cash hand over fist. Record 3rd quarter operating cash flow. Earnings going forward should dwarf this Q:
http://finance.yahoo.com/news/Libbey-Inc-Announces-Third-prnews-2103685440.html?x=0&.v=1
(2) LYBI is a former NYSE high-flyer that has had three (3) NEW institutions reloading up last quarter and six (6) others holding (1 adding a bit more) despite now being on the OTCBB:
http://www.nasdaq.com/asp/holdings.asp?symbol=LYBI&selected=LYBI&FormType=Institutional
(3) Debt refinancing with a huge interest rate deduction should lead to even much less costs and a huge boost to LYBI's bottom line. Interest expense ate away 85% of operating income last Q and now that expense has fallen off a cliff:
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6880338
(4) LYBI is looking to list back on a major exchange ASAP as they are used to being a $50 NYSE company and will be making it a top priority goal just as soon as they fully qualify which should be relatively easy now that they are trading above $4:
http://biz.yahoo.com/cc/3/108443.html
http://biz.yahoo.com/cc/9/108959.html
(5) With the huge reduction in interest expense going forward of at least $1.80/share, LYBI should be producing +.50 EPS quarters easily IMO going forward with a conservative PE of 10 gets LYBI to $20/share.
LBYI BOARD:
http://investorshub.advfn.com/boards/board.aspx?board_id=15281
ROTH Capital: $EGMI 3Q Beats on Strong Promo Card Sales, Maintain BUY, Raising PT to $2.25 : http://bit.ly/QalT4
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Bullish Fundamentals & Activity
Object of Board: looking for stocks that have solid fundamentals or bullish activity occurring.
Purpose: stocks that are chosen will be featured in my newsletter - http://bullwarriorstocks.com/
Types of Stocks Allowed: anything that trades under the sun - triple 0 stocks, penny stocks, or big boards - the goal is to create a nice selection
Examples of Bullish Characteristics: low floats, company buying back shares, insider buying, new management, impressive news, cash in the bank, etc.
** Important ** - if you bring a stock ticker to the board, please list the bullish fundamentals or activity (insider buying for example) within the same post. Do NOT just drop off the ticker and not say anything else.
This board is not for pumping a stock, just drop off interesting information about it, and if it is selected, it will be in my newsletter - pretty simple
My newsletter already covers bullish chart set-ups, but I want to branch out into the fundamental world too.
So how about it? What's bullish out there in the world of fundamentals???
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