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He is a true fraud and no longer involved with Domark. What will his next scam be since he has bankrupt his families many times over.
Anworth Mortgage Asset Corp. announced that its board of directors declared a quarterly common stock dividend of $0.21 per share for the first quarter of 2012. The common stock dividend is payable on April 27, 2012 to common stockholders of record as of the close of business on April 10, 2012.
JBII is still early in its process. Remember they only have 2 processors to work with so far while FUEL is being made and that will reflect in the books as more FUEL is being made and that will reflect in the books as more FUEL is being made and that will reflect in the books as more FUEL is being.........made
Finally....!
On May 19, 2010 John Bordynuik, President and Chief Executive Officer and Director of JBI, Inc., (the “Company”), concluded that the Company’s previously issued audited financial statements for the year ended December 31, 2009, filed on Form 10-K with the Securities & Exchange Commission (“SEC”) on March 31, 2010 and the interim financial statements for the period ended September 30, 2009, filed on Form 10-Q with the SEC on November 16, 2009, should no longer be relied upon due to questions regarding: 1) the accounting treatment and related disclosures of two acquisitions which were completed during 2009 and 2) the valuation of media credits acquired by the Company during 2009 through the issuance of common stock."
http://sec.gov/Archives/edgar/data/1381105/000121390010002134/f8k051910_jbi.htm
September 28, 2010 (excerpted)
John Bordynuik
Director and Chairman of the Board;
President and Chief Executive Officer JBI, Inc.
1783 Allanport Rd.
Thorold, Ontario
Canada
Re: JBI, Inc.
Form 10-K for the Year Ended December 31, 2009
Filed March 31, 2010
Forms 10-Q for the Periods Ended September 30, 2009, March 31, 2010 andJune 30, 2010 File No. 000-52444
Note 2 – Summary of Accounting Policies and Restatement, page 29 Restatement, page 29
18. We note that you have determined that there were errors in the original accounting for the acquisitions of Javaco and Pak-It, the valuation of media credits, and equity issuances, causing your company to restate previously reported financial results as of and for the year ended December 31, 2009. Please revise your filing to include all disclosures required under paragraphs 7 – 10 of FASB ASC 250-10-50, including a detailed description of the nature of the error, the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented and the cumulative effect of the change on retained earnings.
20. We note you received media credits in print and radio in exchange for the issuance of an additional 1,000,000 shares of your common stock. Please explain to us the nature of these media credits and how you accounted for and valued them. Please cite the applicable U.S. GAAP you considered when determining how to appropriately account for the referenced transaction. Also tell us the facts and circumstances that led to your determination that the value of the media credits was overestimated, the amount that was charged to operations during fiscal 2009 related to media credits and the amount of any media credit assets reflected in your balance sheets at December 31, 2009.
http://sec.gov/Archives/edgar/data/1381105/000000000010057104/filename1.pdf
The company filed the 8-K notifying the public that the financial statements (10-Q and 10-K) shouldn't be relied upon well PRIOR TO receiving any correspondence from the SEC regarding the media credits.
In 2003, MIT heard about Bordynuik and contacted him.
“I wanted to make a robot as intelligent as possible,” says Bordynuik, so by ten he started programming in assembly language, the level above the ones and zeros of binary that computers understand, and progressing to simple systems and interfaces at 12."
"Bordynuik wrote Grimsby Hydro’s mainframe security system and the school board’s accounting system, among others, as a teenager."
"Papers proclaiming “Honest John Returns $1.2 million” caught the eyes of influential Ontario Legislature IT staff, but they couldn’t find him before he started first year physics at Brock University."
Another unusual door opened in 2003, when MIT signed Bordynuik as a collaborative researcher in their massive computation group.(Collaborative researchers at MIT usually have at least a few months of post-doctorate work under their belts.) As other firms continue to ask him to recover data, he expects to finish the MIT work within the year, when MIT will grant him an honorary degree, his first certificate from a recognized post-secondary institution.
.............WOW!
WOW! what happened to this company? It used to trade in 10-30 cents range
Crazy money being given away by companies flush with cash! :)
I wonder if tomorrows volume will exceed the entire months getting in on that $13.60 dividend
Its ok, the SEC's Office of Inspector General is involved now and they will flush out the leakers
That was a pretty good call on your part.......$2.75 :)
Plastic stored outdoors? Is that in Niagara Falls NY or Ontario where the free plastic originates.
G&K Services, Inc. (NASDAQ: GKSR) announced today that its Board of Directors declared a special cash dividend of $6.00 per share, payable on April 27, 2012 to shareholders of record at the close of business on April 13, 2012. The stock will begin to trade ex-dividend on April 11, 2012.
..........WOW!
What happened to the volume?
You are correct! It is wayyyyyyyyyyy to early to predict any final outcome. In the meanwhile trade trade trade
The SEC will settle with JBI while processors number 4 5 6 are being assembled
Processors 1 2 & 3 will be churning out liquid Gold with the revenues reflected in the filings
That is what the future holds for this company!
2 machines built with a third on the way increased feedstock input permit approved
liquid gold output distributed
but feel free to invest in the competition
Maybe the accredited investors weren't as accredited as they led the company to believe. Regardless of what was in place at that time no one can dispute what Bordynuik has accomplished so far;
http://ih.advfn.com/p.php?pid=nmona&article=51379045
Loral Space & Communications Inc. (NASDAQ: LORL) today announced that its Board of Directors has declared a special dividend of $13.60 per share for an aggregate dividend of up to $421 million. The dividend is payable on April 20, 2012 to holders of record of Loral voting and non-voting common stock as of April 10, 2012. As of March 27, 2012, there were outstanding 21,117,311 shares of Loral voting common stock and 9,505,673 shares of Loral non-voting stock.
Loral's declaration of this special dividend is a direct result of Telesat's completion today of a refinancing and recapitalization transaction which resulted in a dividend from Telesat to Loral. As part of the transaction, Telesat entered into a new credit agreement that replaced its existing credit agreement and increased its indebtedness by approximately $490 million. Commenting on Telesat's refinancing, Michael B. Targoff, Chief Executive Officer of Loral, said: "I am particularly gratified that Telesat was able to raise approximately $2.5 billion of bank financing with an average annual interest rate of approximately 4.4%, another testament to the strength of the Telesat business."
Like I said, feel free to find where I posted "attempted murder".
attempted murder!? feel free to show me where I posted that?
Yes they are, and are ;)
It doesnt matter what the company is in. A trading range has been established
make some money :)
FACT not fiction
http://www.siliconinvestor.com/readmsg.aspx?msgid=28056212
as Ive said ongoing investigations on both sides of the river ;)
Happy Birthday 66,
you or others might be interested in this event coming up
NEW YORK, NY, Mar 28, 2012 (MARKETWIRE via COMTEX) -- Loral Space & Communications Inc. LORL -0.38% today announced that its Board of Directors has declared a special dividend of $13.60 per share for an aggregate dividend of up to $421 million. The dividend is payable on April 20, 2012 to holders of record of Loral voting and non-voting common stock as of April 10, 2012. As of March 27, 2012, there were outstanding 21,117,311 shares of Loral voting common stock and 9,505,673 shares of Loral non-voting stock.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73804004
The new modular design with a feed rate of 4000 pounds of plastique per hour
http://www.niagarafallsreview.ca/2012/03/27/plastic2oil-doubles-production
The second processor was built in a modular setup, which can easily be replicated.
A third processor – exactly the same as the existing one - will be installed in the coming few months, and then
JBI plans to start installing the machines around North America.
Poll
Do you think Plastic2Oil could be a viable fuel source in the future?
Tuesday, March 27, 2012 5:00:04 EDT PM
84 votes
90%
Yes
I thought I saw that yesterday too, april fools joke?
............WOW!
Looks like ekdkq is heading back to the .28 .29 region again
Look at this old version of the first Plastic2oil machine that has been improved upon to the newer 30 ton units
Ongoing investigations are never public. Rest assured the "persons of interest" are very aware on both sides of the river ;)
JBII has been featured on Discovery Canada and other public venues. Where has 2nd place Agilyx been featured?
NO WHERE thats WHERE
We'll see figures sometime this year but none of that is up to me. Im just a spectator watching P20 develop. Mr. Bordynuik is the brains behind the brawn running the show. He has 2 machines now, a new building constructed and another machine being assembled somewhere. Im reading weekly observations by local shareholders like everyone else is. The factory by all counts is BUSY.
"Like dollars from fuel sales?"
When is the Q due?
I believe XTR and Indigo Energy will be distributing P20 to retail facilities as per their agreements with JBI. Once P20 leaves the factory Im not concerned with who uses it for what purpose as long as it leaves the factory :)
JBI has facilities in 2 countries. Agencies on both sides of the river are involved. ;)
Youre right it is, VERY SERIOUS stuff where other 3 letter agencies are investigating ;) When technology like JBI's was brought to the limelight some persons of interest havent handled it well :(
Lets not forget the early stories of office vandalism, car fires and break ins to JBI company property and facilities. Attempts on the CEO and his families lives, death threats to his children stalking of employees and harassment. Lots of local crime story goons out there, youre right!
The crude oil product leaving the condensing system enters into a coalescing and settling process and is eventually transferred to an exterior above ground storage tank where it awaits final transportation and sale to a refinery.
Agilyx has the only known refinery offtake agreement in the industry and currently ships crude oil from its showcase facility in Portland, Oregon to a refinery in the U.S. Pacific Northwest.
We are located in Tigard, Oregon, a suburb of Portland.
U.S. Oil & Refining Co.
U.S. Oil & Refining Co. (USOR) is an industry leader in the production and supply of high quality motor, aviation and marine fuels and asphalt in the Puget Sound market. Agilyx has secured a five-year off-take agreement with USOR – the first known off-take agreement of its kind.
http://usor.com/contact
How much does it cost to transport Agilyx's unrefined raw crude 155 miles from Tigard OR to USOR refinery in Tacoma?
Like I said "You'll have to call him and ask directly." The best DD is your own :)
You're not kidding the share price has been bouncing all over the place. I never thought I'd see it below a dollar but it happened and woooooooooo hooooooooooo the springs are wound tight for another bounce :)
You'll have to call him and ask directly. Fortunately JBI makes P20 diesel and guess what the rail motors run on...
you guessed it
DIESEL