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How many processors will they sell in 2014? That is all that matters. The share price will react accordingly.
Yeah, if only making money was the actual objective here. lol
Good to see the "Happy Dance News" keeps getting better and better, day by day. I'm thanking my "lucky stars" I averaged down when I had the chance. So happy!
Yup, let's see if it can blast through the 50dma. Should make a great run!
Bottom is in. Now we move up.
No, I do not think he is a liar.
People have pulled out temporarily and are waiting for news such as processor sales. Others have panicked with the PPS falling so much. Nobody knows when they'll complete a deal, but most here are watching this closely.
This is the stock market. It's not about feelings. Those with realized losses will have zero recourse. Trust me.
And now they have, as you said, their "proper entry point", right? Good for them for waiting. BRAVO
I'm not asking for what you observed in hindsight. Anybody can do that. I'm talking about where the PPS is heading in the next year or two. The verdict is NOT in yet.
Please show us the evidence John sold all his shares. Where is the filing? Also, please name some of his "kin" since you must know them.
The verdict is not in yet. Every one of those levels could end up a good investment especially if you averaged down. As far as "proper entry" that is totally ridiculous. Hindsight is always 20/20.
No, there were countless opportunities to dump. Why would anybody wait for 7 cents to do so? Sorry, that theory just doesn't fly. There is likely plenty of day-trading and flipping going on, but all the TRUE longs are holding strong. I can't imagine why anybody with the jitters would actually hold on until the past couple weeks. That's terrible trading skills!
The old spreadsheet likely gained them some money as well. Either way I'm not believing the "serious life savings" nonsense. How exactly does one come to conclude this? Not that it matters. I'm just tired of hearing of this being campaigned here day in and day out.
There is no blaming as nobody lost life savings on JBII.
Very well said. Here's to a prosperous 2014 for JBI and its shareholders. Cheers!
Where and when did JBI "admit" that they cannot make any money with their process?
"Also, if a company says "we plan to" or "hope to" it's far different than a prediction. I hope to win the lottery tomorrow is a true fact. When I lose the lottery, it is still 100% true that I had hoped to win and planned to win. "
Exactly. Well said!
Perhaps you should read further down. This is what you will find:
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, and members of its management as well as the assumptions on which such statements are based, including the expected timing of the Company's Form 10-K, execution of the proposed agreements described above and consummation of the transactions contemplated by such agreements. 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/A, filed on July 18, 2011, 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.
It was a ballpark forward looking projection. Nothing more.
$4 million
Thanks for the link. That was a great listen.
And the shareholders earn millions on the back of John Bordynuik. Just in case you didn't know, that is how this type of investment works.
That's fantastic. STRONG BUY right now.
Yup. I would like to know who was actually selling today. LOL
That's just plain ridiculous. If you wanted out why wait to the very bottom?
Yup, got my proxy last week.
Hi. Let's see your DD on JBII. Thanks.
There was an 8k today? Not finding it. Thanks.
It's no "money pit" at these low PPS's.
OPEN LETTER OF GRATITUDE TO RICK HEDDLE:
Thank you for coming on board as CEO, Chairman, shareholder, and debt holder. I know I speak for virtually every shareholder when I say: we thank you, and trust your actual real life professional successful experience. Please don't take the advice of amateurs who don't have JBII's best interest in mind.
Thank you to John Bordynuik as well for your perseverance and triumphant effort in developing this technology.
Sincerely,
Rawnoc
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Suggestion: Strong Buy 7/15/13
Hint: $1 minimum by the end of 2013. (I'm being super cautious here). SPLAT!
Amen to that.
It doesn't exactly look like a scam.. does it?
It's so quiet in here you can hear a pin drop. ;)
nwsun, are you kidding me? Nobody is going to discuss this with you here. Why is this so hard to understand?
I disagree with your assessment and I don't share your apparent frustration on it. I don't care to discuss it here.
Well, the DTCC's global lock is no longer an issue as there are no more 106's anywhere in the system. And now the brokers can't hide behind the lock excuse. They have all been cancelled. PR's were issued by the company that explain this clearly. That info should be in Ibox.
Here's the order:
http://www.sec.gov/litigation/admin/2013/34-69726.pdf
and SEC press release:
http://www.sec.gov/news/press/2013/2013-107.htm
By Samantha Bomkamp Tribune reporter
12:10 p.m. CDT, June 11, 2013
The Chicago Board Options Exchange has agreed to pay a $6 million fine relating to what regulators call "various systematic breakdowns" in the policing of its own procedures.
The Securities and Exchange Commission announced the charge Tuesday and accused CBOE of "a failure to enforce or even fully comprehend rules to prevent abusive short selling."
In addition to the $6 million fine, the SEC said CBOE will implement major remedial measures to settle the charges. The fine is the first levied against an exchange for violations related to its own regulatory oversight.
The SEC said its investigation found that CBOE failed to adequately regulate and control a conflict for one of its member firms, Chicago-based optionsXpress. The SEC later charged that firm in a so-called naked short-selling scheme, or illegally selling shares it did not own.
The SEC claims CBOE didn't properly investigate the firm's compliance and interfered with the SEC's inquiry.
"CBOE demonstrated an overall inability to enforce (its own procedures) with an ineffective surveillance program that failed to detect wrongdoing despite numerous red flags," the SEC said.
But federal regulators said that CBOE has since implemented more checks and balances and strengthened its own policing, so the SEC didn't impose restrictions on trading or other functions of CBOE.
The new chief executive of CBOE Holdings, the holding company for the Chicago Board Options Exchange, said Friday it will not give up the job of policing its own markets despite the federal probe.
sbomkamp@tribune.com | Twitter: @SamWillTravel
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