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Webcam is a good idea. Someone could also park along the Robert Moses Parkway with a video camera for a couple of hours. Today would be good. The street view on Google maps shows a great pull over spot in front of 20 Iroquois.
Good question.
Why are they focusing on the junk-oil number 6 instead of fuels in the gasoline range?
Why are the fuel prices being quoted here Bunker/Rotterdam pricing? Why not Nymex or EIA?
Do you think JB is going to be announcing he is stepping down? Who would be the new CEO? Jacob Smith? Katie? Bob Molodynia? Dad? Why else could the price be dropping?
Add this: Why didn't JBI sue Domark for selling "audit proof" Media Credits worth nothing? And why didn't JBI know they were worthless and not 10 million dollars?
How much have these companies invested in JBI?
http://www.plastic2oil.com/site/current-partnerships
can you provide a link to show that major companies arent interesteed? thanks!
There hasn't been any confirmation from JBI of a rail car sale. And the last time the share price closed at .53 was in 2010. Delicious and nutritious? Maybe just juicy.
Date Open High Low Close Volume Adj Close
12/14/2010 0.59 0.59 0.52 0.53 94600 0.53
12/15/2010 0.52 0.77 0.51 0.77 895900 0.77
12/14/2010 0.59 0.59 0.52 0.53 94600 0.53
12/2/2010 0.58 0.58 0.52 0.54 165200 0.54
12/8/2010 0.6 0.61 0.52 0.59 91200 0.59
1/5/2012 SEC 0.66 1.4 0.52 1.26 2499000 1.26
12/9/2010 0.53 0.59 0.53 0.54 57900 0.54
11/5/2010 0.53 0.68 0.53 0.62 60800 0.62
10/29/2010 0.68 0.68 0.53 0.64 179200 0.64
12/29/2010 0.6 0.6 0.54 0.58 219900 0.58
12/31/2010 0.57 0.66 0.54 0.65 325600 0.65
12/30/2010 0.6 0.6 0.55 0.56 226000 0.56
12/3/2010 0.58 0.61 0.55 0.57 236600 0.57
Before we knew about the nutritious and delicious rail car fuel sale: $0.53
JBII today: $1.74.
That's a 228% LEAP in JBII share price!
Lesson: JBI's fuel is nutritious and delicious and good for your wealth.
The dates changed.
Before:
August 28, 2009 and July 20, 2011
Now:
November 16, 2009 to January 3, 2012
investigation on behalf of the purchasers of the common stock of JBI, Inc. (JBII.PK) during the period November 16, 2009 to January 3, 2012, concerning whether the company and certain of its officers and directors have possibly violated the federal securities laws.
E. Something else extraordinary
The history of PR's on the Plastic2Oil website is extraordinary! The company has a history of lumping together good news!
http://www.plastic2oil.com/site/news-releases
JBI Inc. Executes Letter of Intent to Acquire U.S. Air Filtration Company
Feb 13th, 2010
AS PTO, LLC Enters Into JV/License Agreement With ES Resources, LLC for First P2O Processing Site in Florida
Feb 12th, 2010
Ohio P2O, LLC Submits a Reservation Deposit and Development Agreement for a Potential P2O Processing Site in Cleveland/Columbus Ohio Region
Feb 12th, 2010
JBI, Inc. Sets Annual Shareholders' Meeting Date for April 24, 2010
Feb 12th, 2010
AS PTO, LLC Accepts Reservation Deposit With Tampa PTO, LLC for a Potential P2O Processing Site in Florida
Feb 12th, 2010
JBI, Inc. Executes Area Development Agreement (ADA) With AS PTO, LLC for 45 Sites in Florida
Feb 12th, 2010
JBI, Inc.'s P20 Marine, Inc. & Rick Heddle's RWH Marine Consulting, Inc. Sign Principal Definitive Contract for a P2O Ship Development Agreement (SDA)
Feb 12th, 2010
JBI, Inc. -- IsleChem Contributions to P2O
Feb 12th, 2010
JBI, Inc. Acquires New York Processing Facility
Feb 12th, 2010
JBI, Inc. Hires Michael Kaplanis as Vice-President, Mergers & Acquisitions and Strategy
Feb 12th, 2010
JBI Inc. CEO Will be a Guest Speaker at African Petroleum Producers Association Event
Feb 12th, 2010
JBI, Inc. Hires Experienced Ship Captain Michael Moneyhan to Oversee P2O Ship Expansion
Feb 12th, 2010
JBI, Inc. Hires Four Seasoned Sales Reps for Pak-It Canada Launch
Feb 12th, 2010
JBI, Inc. Acquires Large Independent Fuel Blending and Distribution Site
Feb 12th, 2010
JBI, Inc. Begins Taking Applications for Plastic2Oil Licenses
Feb 12th, 2010
JBI, Inc. Appoints Chief Operating Officer Dr. Jacob Smith to Its Board of Directors
Feb 12th, 2010
JBI, Inc. Appoints Theodore J. Henry to Its Board of Directors
Feb 12th, 2010
JBI, Inc. Appoints Amy Bradshaw to its Board of Directors
Feb 12th, 2010
JBI, Inc. Appoints John M. Wesson to Its Board of Directors
Feb 12th, 2010
The stock prices will shoot up from now until the conference call because very good news will be announced. It is extremely important to the future of the company that John knocks the ball out of the park at this PR event. Anytime an executive voluntarily subjects themselves to public scrutiny, they always have a bag of good news and John is no different. He will come prepared to announce a breaking development to establish a positive, upbeat tone for the remainder of the meeting.
This good news will take any pressure off of the meeting being overshadowed by any bad news that could spoil this PR event. For the shareholders of the company and to be able to secure future funding this call will surely be loaded with good news.
Lets take a poll from shareholders what this news may be.
A. Processors #2 and #3 are up and running
B. P2O revenues have exceeded $1 million dollars
C. A new contract with another plastic supplier
D. Another customer or use for the product
E. Something else extrodinary
Any guesses?
Is this on the RockTenn((NYSE:RKT) website or in a RockTenn ((NYSE:RKT)press release? Can you provide links please?
WM has multiple references to plastic to fuel companies on their website and has for several years. I cannot find one of JBI's purported partners referencing JBI or P2O anywhere on their websites.
http://www.wm.com/index.jsp
Maybe WM is just pissed they weren't chosen....
Large organizations like WM make huge mistakes all of the time. Look at the money the US Govt. gave to Solyndra. I wonder how long it will take WM to discover they have invested in their Solyndra.
Good question for the CC. Do you think we'll get an answer in actual numbers?
How much fuel is processor #1 producing/selling on a consistent weekly basis?
Originally Posted by xxxxx on 1/11/11
Dude......the processor spits out over 100 barrels of fuel a DAY.........Blending site capacity is 250,000 GALLONS...........current oil prices are $90/barrell........check your local gas station for THEIR prices.........DO the MATH..............z
For the three and six month period ending June 30, 2011, revenues of P20 include fuel sales from the Niagara Falls, New York facility of $47,480 revenue from sale of processed waste product (primarily paper fibre) of $33,621 and incidental revenue from sale of products of $4,914.
http://www.sec.gov/Archives/edgar/data/1381105/000121390011004691/f10q0611_jbi.htm
For the nine month period ended September 30, 2011, revenues of P20 include fuel sales from the conversion of waste plastic at the Niagara Falls, New York facility of $132,957 and revenue from the sale of processed waste product (primarily paper fibre) of $88,696. These sales in the three month period then ended amounted to$85,477 for fuel and $55,075 for processed waste product. There were no similar sales during the comparable periods ended September 30, 2010.
http://www.sec.gov/Archives/edgar/data/1381105/000121390011006335/f10q0911_jbi.htm
I have a question about the PIPE holders. If they have helped "prop" up the price, what do you think their average is as this point? Do you think it's the same share holders reinvesting at lower pipe levels to average?
And what about the people on the original Expedite list before it became 310/TRTN/JBI? Where do you think they are now $$ in this? Are they holding to regain their investment?
Shorting an OTC stock is very expensive. That said, JBI has had a pretty good short position at times and shorts have made a lot of money.
It's not at all uncommon for PIPE holders to spend a few thousand dollars to prop up the price of securities in which they hold 20 times or more. The hope is that by doing so, new investors will be encouraged to buy in and keep the price up longer term.
You're correct that selling would cause the price to decline.
Why? Seems pretty stupid.
Securities and Exchange Commission v. JBI, Inc., John Bordynuik and Ronald Baldwin, Jr., Civil Action No. 1:12-cv-10012, United States District Court, District of Massachusetts
SEC CHARGES COMPANY AND ITS OFFICERS WITH ACCOUNTING FRAUD
http://www.sec.gov/litigation/litreleases/2012/lr22220.htm
International Patents: Myth and Fact
There is no such thing as an International Patent. Patents are granted by individual countries. The only international patent organization is the World Intellectual Property Organization (WIPO). WIPO only publishes patent applications, called PCT Request. The PCT Request is a request under the Patent Cooperation Treaty. The purpose of this is to extend filing time in foreign countries. The phrase International Patent can sometimes be used to refer to the PCT Request, and, sometimes it means that someone is confused.
http://lahserpatent.com/international-patent-pct-search/
WIPO search:
http://www.wipo.int/patentscope/search/en/search.jsf
Several Permits will be needed.
http://www.niagarafallsusa.org/buildinginspections.cfm
Nothing listed under Iroquois under the Commercial Property link.
http://www.egovlink.com/niagarafalls/docs/menu/home.asp
And electric, water, fire suppression system, inspections, permits, exterior walls, roof, venting, doors (don't think they're going California style in Niagara Falls)
98% not complete.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a)
On September 10, 2009, R. Thomas Kidd acquired 3,500,000 shares of 310 Holdings, Inc. The securities owned by R. Thomas Kidd as of the date herein represented approximately 5.51% of the issued and outstanding shares of 310 Holdings, Inc. common stock.
(b)
On October 20, 2009, R. Thomas Kidd agreed to transfer 100,000 shares of JBI under a consent of assignment agreement with Media4Equity and on December 23, 2009 R. Thomas Kidd transferred 900,000 shares of JBI common stock pursuant to the terms of an agreement with Judith Vazquez and JBI.
(c)
As of the date herein, R. Thomas Kidd had sole power to vote and dispose of each of the 2,500,000 shares of JBI beneficially owned by him.
(d)
In the sixty days prior to February 22, 2010, the Date of the event requiring the filing of this Statement, R. Thomas Kidd did not engage in any transactions involving the Company’s common stock in his personal capacity.
http://www.sec.gov/Archives/edgar/data/1333293/000121390010000650/sc13d0210kidda2_jbi.htm
900,000 of those shares were returned to JBI. 100,000 of those shares were given to Media4Equity. Check out December 2009 filings. Let's get a forensic accounting of the 900,000 shares while we are at it.
JB stated they weren't built yet in his PR.
Maybe y'all should have a barn raising this weekend.
Any 8K on this yet?
In 2009, JBI Inc. purchased DCL, Inc. and PAK-ITTM, Inc. and introduced additional products to the product line. These formulations are above all effective and many are certified as environmentally-friendly by design.
2012 starts a new era with new ownership, a new name, and a renewed dedication to conducting business with People, Planet and Profit at our core. Richard Higgs, a successful international investment broker and serial entrepreneur with several business interests spanning continents, time zones and languages, assumed the helm with a well-defined mission to lead, not follow, in sustainable solutions.
http://big3packaging.com/ourCompany/leadership.php
Just 8k'n
Since when does getting nominated for an award preclude someone from being a scam artist? John Rivera of SSTP received several awards and the only process he had was scamming investors.
Biofuels Personality of the Year:
Biofuels Personality of the Year: John Rivera, CEO of US Sustainable Energy, is surprise write-in winner
The Biofuels Personality of the Year website balloting closed yesterday, and in a surprise result, John Rivera, CEO of Sustainable Energy Corporation was voted Biofuels Personality of the Year by Biofuels Digest readers.
Rivera, inventor of the Rivera process, was named by 22 percent of voters, and bested favorites such as President George Bush, former Vice President Al Gore, and billionaire investors Vinod Khosla and Sir Richard Branson. The award was given in recognition of the most impact on biofuels during 2007, for better or worse.
The top ten vote getters were:
1. John Rivera, CEO, US Sustainable Energy, 22 percent
2. (tied) Al Gore, Nobel Laureate, 12 percent
2. (tied) George W. Bush, President, United States, 12 percent
4. Vinod Khosla, venture capitalist, 8 percent
5. Jeff Broin, CEO, Poet, 7 percent
6. Elliott Mannis, CEO, D1 Oils, 5 percent
7. Donald Endres, CEO, VeraSun Energy, 4 percent
8. Luiz Inácio Lula da Silva, President, Brazil, 4 percent
9. (tied) Gloria Arroyo, President, Philippines, 3 percent
9. (tied) Bob Dineen, President, Renewable Fuels Association, 3 percent
9. (tied) Sir Richard Branson, entrepreneur, 3 percent
http://biofuelsdigest.com/blog2/2008...rite-in-winner#
And it was all a lie.
Might want to do some DD on other companies that are doing it. Never said anyone couldn't do it. Just not for $10.00 a barrel.
They said they'd applied for patents in 2009 in a PR that's on their website. LIE
They stated John had a data patent in an SEC filing. LIE.
So if I had to guess.....LIE.
Or infringement lawsuit coming up.
Nah - they copied other peoples tested permitted machines. Plenty of links have been posted to prove this. They may be up for patent infringement soon.
Are you saying JBI didn't PAY CRA?
There are hundreds of companies doing plastic to fuel. Many with catalysts. Some with pre-melt systems. Many with global patents.
http://www.in-eco.com/docs/EEP_automatic_plastic_Rev.1.2_English.pdf
http://pubs.acs.org/doi/abs/10.1021/ef00053a002
http://www.whole-systems.org/recycling_and_pyrolysis_of_plastic.html
http://www.koueiinternational.com/machine.htm
Anyone with enough cash can do it. Anyone.
Utterly ridiculous!!
Why would CRA do testing for free or pay JBI for the privilege? CRA is in the business to make money. You might want to visit their website.
CRA has been at the forefront of full-service environmental firms for three decades. From supporting clients in assessing the environmental impacts of properties during acquisition and divestiture to full site investigation and remediation solutions, CRA has a worldwide reputation.
Since 1976, CRA has grown from a small, regional engineering company to one of the world's most sought-after multi-disciplinary engineering and consulting firms. Starting with the merger in 1976 of Frank A. Rovers & Associates with Conestoga Engineering, and fewer than 10 employees, CRA has grown to become the CRA Family of Companies with 3,000 employees in over 90 offices.
http://www.craworld.com/en/corporate/history.asp
Is this guy related?
Conestoga-Rovers & Associates Inc.
Contact: Ken Malinowski
Street Address: 2055 Niagara Falls Boulevard, Suite #3
Niagara Falls, New York
14304
United States
Phone: (716) 297-6150
Fax: (716) 297-2265
JBI pays CRA.
To ensure that the impact of the P2O process on the environment was minimal, JBI, Inc. committed significant resources to emissions testing with Conestoga-Rovers & Associates (CRA), a global environmental consulting company.
http://www.plastic2oil.com/site/emissions
In this PR JB stated 4 hours.
"Due to our catalyst and a highly optimized process, fuel can be extracted in four hours from a large source of raw unwashed, mixed plastics."
http://www.plastic2oil.com/site/news-releases-master/2009/07/09/310-holdings-inc-files-patent-application-for-plastic2oil-technology
He also said this:
"John Bordynuik, 310 Holdings Inc. President and CEO said, "As soon as our patent application has been accepted by the USPTO and as soon as we receive the gas chromatograph, we will demonstrate our technology on a small scale with our small Plastic2Oil processor. We believe this will adequately disclose and affirm the viability of our Plastic2Oil process by exhibiting the low processing time and high yield.""
Hard to take this out of context. Guess it was just "forward thinking"
So why don't they make the pre-melt even bigger? Then they could load in whole cars from the scrap yard. Imagine all the steel cleaning and resulting 'fuel' they'd get then! How great and green that would be. Parks where there use to be scrap yards.
Can't seem to find your statement in the PR. Can you point it out for me?
http://www.sec.gov/Archives/edgar/data/1381105/000121390012000256/f8k012012ex99i_jbi.htm
Processors #2 and #3 were acknowledged in SEC Filings to be under construction as of the date of the stack test.
Throughput = what output? Any PR about how many gallons of goo they are getting from this increase that's not permitted?
So if they put more in - the emissions decrease? What were they putting in? We only have a PR with "Only unwashed, unsorted waste plastics, including various industrial plastics (buckets & barrels, waste meat packaging, bags, etc.) and gas tanks from scrap cars, were used as feedstock" and "Two small “tumbleweeds” of clean dense bailing wire bunches were present from processing some paper mill ragger tail waste." This can change. Every load could be very different. Who choose what went in?
Likely. Might be 3800? 3900? 4200? Not sure. The stack test results imply decreasing per ton stack emissions as the plasic feed rate increases. If JBI asks for 4000 the DEC might say 3950 just for the sake of being seen as in "control" or because the decision maker had bad night before. That being said, I believe they will get what they ask for.
I know when I eat chile with beans or fast food beans and cheese the more emissions I get. Are we saying the magic catalyst/pre-melt system works like Beano?
How long will THIS delay be for the next level permit? Why aren't they producing at the lower throughput? And I did notice the PR said "on the existing P2O processor". Singular.
So there is ONLY one processor - Still? And they've spent how much on equipment? Over 3 million this year alone according to the last 10Q.
As they say: Nothing is guaranteed except death and taxes.
I'm taking a trip when the weather permits.
Of course JMHO and comments.
Based on the language of the original permit an increase to double the curent authorized capacity is the all but guaranteed.
OTC Market showing 1.14/1.15
Real-Time Best Bid & Ask
1.14 / 1.15
Yes but......It was posted that an empty rail car was sent from Georgia to JBI(Canada? Niagara Falls?) to get fuel.
And why haven't we seen more about this?
~!~ Because:
1. That's a random unkown unverifiable post.
2. Train cartage almost never 'ships' an empty rail car long haul. That's not how interstate train freight works. Just like most trucking firms, rail cars are arranged at that location and 'shipped' full. One hires whatever line is appropriate for that trunk line and depot spurs.
The initial post that started the rail shipment string was that a rail car had been sent from Georgia to Niagara Falls to pick up 17,000 gallons of JBI fuel.
1) Was a rail car sent from Georgia?
2) Aren't there any rail cars in New York?
3) Does Indigo own their own rail cars?
4) Was fuel picked up?
5) Where was fuel picked up?
6) Was the fuel made from plastic waste?
7) Has the fuel been delivered to an Indigo distribution site?
8) That's all the fuel that was available?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70859984
Friday, January 13, 2012 11:47:56 AM
I just got off the phone with Martin Underwood one of the owners of INDIGO ENERGY
and he told me they just shipped a rail car from Georgia to JBII and expect 17,000 gallons back this weekend.
And why haven't we seen more about this?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58015155&txt2find=processor