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I KNOW that, but that doesn't answer my question.
I was kind of wondering if you could help me out over here?
There are 12 law firms involved with investigating, etc. JBII. I understand that. BUT why are we seeing some of those 12 come out with another announcement, just about word for word of the first one?
Getting their name out there? What? Think someone missed seeing it before so doing a redo?
I just wanted to wonder.
Is this #1?
WOW! Now you have me excited about this next week regarding both the PPS and PR's on JBII.
When one reads something , ad nauseum, it is skipped because it becomes as a "sounding brass and tingling symbol signifying nothing"
JBII having sales of it's product is what we need. Ridebys have been and would be informative. Are fuel oil trucks going in and out? Etc.
Is anyone near the blending plant at Thorold that could report on that location?
TIA!!
"JBI, Inc. President & CEO John Bordynuik will be speaking at the 15th Annual AWMA/NYWEA Joint Seminar in Rochester, New York on February 15, 2012."
Well, it don't look like the community is down on John too much. Speaking next Wednesday.
"All the market is really looking for, at this stage, is consistent fuel production and sales that proves the business model".
I think you are exactly right.
"If you prove 1, or reach CFP, I would think the stock would be trading closer to $5. 3 processors, and RKT coming online within a month or two could possibly have us much higher than that".
I think you are exactly right again on PPS. But, I don't look for RKT coming on line in a couple of months. I will be happy if #3 is going in a couple of months. Hope I'm wrong on that and it is sooner.
The Y/E financial report is not due until the end of March. With the 4th Q, it is also due then. The 3 Q's are dues in 45 days. So we got awhile to wait on Y/E and 4thQ.
I am always leery of editorializing. That is surly saying that there is an agenda. Very hard to be serious about such writings. Direct quotes, I can follow.
JBI made a mistake. It is my hope that it can be made right relative soon and all can move forward. That would be in everyone's interest, I would think. The SEC probably has bigger fish to fry, limiter resources, and losing interest. John needs to do what is necessary to clear this up, and the sooner the better.
My concerns is #2 and #3 going, at double capacity, with bulging sales for all three. Perhaps #2 can get going this month and #3 by the end of April. I would hope sales are going on now for #1 and soon #2.
The new building is not related to the three Processors. The new building is for fabrication. The three Processors are in another building.
So. It's not too complicated. Get the three Processors going at capacity with matching sales. Do what the SEC wants to make a settlement. No going to trial. No bashing the SEC. Then there's Rock Tenn with a need for untold numbers of Processors.
HAPPY DAYS!!!
The price is what a buyer is willing to pay and what a sell is will to sell for. "Naked short seller " are dreamed up by buyers and sellers as excuses. Nothing to do with the company.
"Turn back time and become unruined "
There were no "ill" gotten gains. Get a spread sheet and post the prices and dates, etc and you will see. ZERO on ill gotten gains.
This outfit just joins 11 already there. It's just routine but I wouldn't want to be twelfth on anything.
Nah! There are two pre-melts per processor. The 2nr is really a standby in case needed. But there are 2 pre-melts per processor.
Well, I've been out of touch.
Has the manufacturing plant closed its doors?
The phone has been disconnected.
Is Shirly Sidden gone?
Charles, the plant manager, is he gone? How about Jerry, the CFO?
How about the candle maker guys? They still involved?
ANYTHING???
YEAH! DROPPED one cent on 200 shares.
He stated it was "a number of years ago".
Totally irrelevant now, don't you think? No reason to try to get shares from another MM. Just go short as MM's are allowed to do to "maintain an orderly market".
Anyone have conversation with a MM lately?
WOW! The BEST kind of information!
Thank you.
Can be in a margin account if there is no margin debit is the information I got from TDA.
In my career, I was involved with over 70 manufacturing plants. I have talked with the plant engineer of four of them this morning to see if my memory was correct.
We used #6 fuel oil to fire the boilers in the plants for steam and heat,etc.
We had storage tanks on concrete above ground at each plant. #6 fuel oil was delivered to the tanks either by rail car or truck[depending on whether rail was available]as was needed. The fuel was pumped into the storage tanks.
When sent to the boilers, it had to be preheated to burn in the boilers.
#6 fuel oil was used with NO problems. Until much later, it was the most economical to use.[natural gas became more economical at times so we installed equipment where we could switch to the cheaper].
In all my years, I never heard it referred to as anything other than #6 fuel oil.
Plants preferred #6 fuel oil because it put out better heat. Just like #2 fuel oil heats a home better than electricity. Feels warmer.
Mine is not a cash account. Anytime I go on margin, they can loan, short my shares, as I stated.
Not required to be a cash account, I was told.
In the meantime, what can be done?
Wait?
Produce at already approved rate?
What?
100% agree.
Thanks for you work and DD.
It won't, I don't think.
Latest from TDA: Anytime I have a Margin Debit, they can lend my shares, short my shares.
No Margin Debit[current situation]they can't touch my shares.
If I have a Margin Debit and them short, lend my shares and I clear up the Margin Debit, they have to return my shares to my account.
Margin Debit or no Margin Debit is the decider. Sale order at $15.00 does nothing.
TDAmeritrade is not shorting JBII. No stock, I was told. I asked that my shares not be used to short and was told they no longer do that. My shares can be shorted. Period. I told the guy I would find a broker that would honor my request and was told TDA was in line with all brokers.
Better check on yours. That sell order at $15 might be the only way to accomplish it.
I'm going to wait for some feedback before calling TDA back and ask specifically if my shares have already been shorted and ask about the sell order at $15.00.
Just waiting.
"This report further validates the viability of the P2O process and allows the Company to apply to the New York Department of Environmental Conservation ("NYSDEC") for a modification to its Air Permit to run at significantly higher feedstock rates".
Has the application been filed?
Is production being held up awaiting this approval or can production go ahead at the lower already approved rate?
SO? It's still being used all over the world. Never a problem that I was aware of except the rising cost to users.
Well, over 400 are using it for some reason.
I always see an agenda when words like "belch" are used instead of emit.
Just saying.
Actually, I don't believe a word of this post. 1% doing 87%? I don't think so.
Get real!
HUH?
My point is that being able to make #6 fuel oil is a good thing. Should be very profitable. It gives better heat. It was a desirable product. Not bad as is being made out here. Tankers made regular runs to the plants.
I really don't know where it is used now. Those plants are now in China and natural gas got to be so much cheaper to use.
In my long career in which plants, over 70 at one point, used #6 fuel oil for the boilers, I never encountered or even heard of an explosion. As a matter of fact, #6 fuel was totally trouble free. When it got so expensive, installations were made so we could switch to natural gas. We freely switched out and back, depending on which had a lower cost at the time.
I don't know about now, but in the '60's,'70,s and '80's there were hundreds and hundreds of plant boilers that used 36 fuel oil all over the US, and I suppose the world.
We did not like to switch to natural gas.
Don't feel like the Lone Ranger!
Maybe we should stick to facts and truth.
From your post:
"JBI's Bordynuik was also able to get lip service from former New York state senator Thompson. My guess is that the $5,000 campaign contribution didn't hurt Bordynuik's chances. I spoke to Mr. Thompson at length about JBI and about Bordynuik but Mr. Thompson didn't want to go on record so I'm respecting his wishes."
This intimates that Senator Thompson was negative toward John or JBI or both.
My position is sell everything and just do P2O.
Those purchases just did not work out.
HUH?
Good if it's sold. How do we know it's sold? Pak-it? I'm sure it was a loser.
You would have to admit to a great conning of a lot of people and companies, would you not?
Possible, however.
How is it "clearly"? Can you post info? JBI is contending that one[the first]processor is running. Not necessarily full time, but running. Give us your info, link, that it is not.
Hey, have you checked out Green EnviroTech Holding Corp symbol GYTH, one of four companies listed on their home page? And while you are at it call Jeff Chartier, President of Green Enviro Tech Corp @ 917-414-6648.
JBII has solid, qualified, investors.
You need to ACTUALLY check the investors in Agilyx . WM routinely invests a few million in dozens of companies each year. Couple mil here couple mil there. Never over 5 mil.
Only two others are listed that I can find invested in Ailyx and they're connected with foreign companies.
Four total. GYTH, WM, and those foreign spinoffs.
Perhaps you would like to check out Mr. Jeff Chartier, Green Enviro Tech Holding Corp. Symbol WCRM[ changed to GETH] and now trading at $.024. Pull up the one year graph on it. Talk with Mr Chartier, if you can find him.
Also, your statement: " If you want to look at the kinds if investors *real* companies in this field attract, just look at Agilyx, and their list of investors who have put up tens of millions of dollars: " Your link has four companies and one of them is GETH. I can assure you it NEVER invested one dime in Agilyx, or any other company, for that matter.
BYW, GET, as in your link intimating it's the symbol of Green Envirotech , is Gaylord Entertainment, Inc. It owns the Grand Old Opry.
Just facting.
The last thing we want to do is have any avoidable conflict with the SEC. Just leave them be. Get a settlement as best can be gotten as quick as possible, or just be very quiet and hope it will sit there for years and years, BUT no conflict. "Don't fight City Hall".
Just prognosticating.
Well, you gotta admit, there have been a lot of CFO's.
This is true.