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No good reason? What about the q being released in a few days. I expect they're still putting all the numbers together.
agree
It would also be respectful to update shareholders on the status of the May 2012 letter agreement and whether the call and put provisions are still active if no qualified independents have been nominated, or if that letter has been amended. Clarity on that issue alone might support the share price.
making allegations that company executives are somehow involved in stealing money in some way is absolutely false.
Well there we have it - the conclusion. I was hoping for a trial but the terms were obviously too good to turn down - IE costs of settlement was substantially cheaper that a trial defense.
http://www.sec.gov/litigation/litreleases/2013/lr22847.htm
Thanks for all the hard works putting this Matrix together.
NEW VERSION 2.5 JBII PRICE MATRIX CALCULATOR!!! NOW WITH CUSTOMER PROFIT TAB!!!
V2.5 Updated 10/15/2013
I updated the net income field to use (-SOLDP2OCOST*PROXSOLD) for expenses instead of (-YEARSCOSTPROX*PROXSOLD). YEARSCOSTPROX was taking into account the cost of plastic (if any) multiplied by prox sold to others (which is incorrect since that plastic would be free).
I added a second sheet for customers of JBII. One can calculate how quickly they could potentially start making huge profits off their mountains of landfill-bound waste plastic!!!
This Matrix shows you the potential of P2O technology. It can help show where JBI stands and what the future may hold based off production numbers. Just plug them in to what you feel is realistic!
I urge all investors and potential investors in P2O to plug in your own reasonable numbers! Share your results with the board!
TIP: To only calculate the profitability of the processors at Niagara currently, make sure "Cost to build/install 1 P2O" is set to $0 since they already spent money on them.
DOWNLOAD JBI PRICE MATRIX HERE
https://dl.dropboxusercontent.com/u/93018379/Excel/Koolmoto_JBI_v2.5.xls
(Download and edit with excel)
Crayola seems quite proud to be partnered with JBI.
Websites, Fox News reports and a whole program aimed at keeping plastic markers out of landfills with JBI's assistance.
JBII = Plastic2Oil!!!
I sincerely there were no holes in their hazmat suits or leaks into their offices - that would be fatal.
BULLSHIT
BULLSHIT
JBII isnt transparent that is why they are failing.
Absolutely\\
The focus on such trivial items is a sign of the coming success heralded by processor #3.
BULLSHIT
No reason not to. Shorts really want to cover. They may have to buy long to recover their short loses. That's the smart move - but will they do that?
Bullish Thursday. Will it carry into tomorrow and beyond?
you should head over to the plant and take a look for yourself.
Exactly - so obviously nothing nefarious going on here as he keeps investing in JBI. He could have stopped investing and let it fall into his lap, as you say, but he didn't.
If Heddle liked JBI enough, he would stop keeping it afloat and let it fall into his lap.
Are you saying that the Chinese have JBI's technology? Where and when did they obtain that information?
I personally guarantee you that if this technology was as incredible as some would think, the chinese would duplicate it and mass produce it IMMEDIATELY and cheaper. Not only to utilize it in house, but sell it worldwide.
Which of the following do you think are scumbags (as you put it)?
The only reason these scumbags are involved with JBII, is the money. Get it?
Do you know of any company that is successfully making end user low sulfur fuel from any machine made by Abibaba? That's why one would want to buy a JBI machine with it's catalyst and all it's technology. Perhaps Abibaba is doing that now and I haven't heard.
oh not to worry - they will may be forced to cover, quite soon actually.
Oh yeah, I forgot about the mystical fantasy fairy shorts who for no reason mystical fantasy fairy naked short despite there being a borrow. They also are undetectable so they never have to cover so people are totally screwed
What's excellent about it - it makes absolutely no sense.
Excellent post! Now it all makes sense.
85,000 lol
Yeah those whopping 85 thousand shares short
I know the shorts need the longs to sell so they can cover.
Wouldn't that be special - instead of a small amount revenue per gallon we can realize it all at once with a sale of a machine of 2 to crayola. Makes sense to me.
No - there is no doubt they filed after your post on ihub. Sure that's it.
What in San Bernardino? Yes, of course. You mean you haven't
Anybody see Heddle's Form 4 for the warrant? It was due on Wednesday
Yep - except the free processor-ready plastic from Crayola being delivered direct to the plant. And, there may be at least one other supplier, providing processor-ready plastic direct to the company (refer to recent releases).
So buying plastic is cheaper than using the free unsorted plastic we were told JBI needed???
It's called evolution. When they learned that they can buy processed for less than they could process free plastic they went with the obvious choice. Seems pretty elementary no? I wouldn't call, saving money, bullshit.
WHY DID THIS SCAM GO FROM $19.00 TO JUST WERE IT IS NOW???
WOWZER
WHY THE FREEFALL???
WHY THE PLUNGE???
WANNA LOSE MONEY?
INVEST IN A SCAM - WORKS EVERY TIME!
SELL
SEC ISSUES AGAIN?
HOW LONG BEFORE THEY GET BUSTED NEXT TIME???
Mr. Heddle is a smart businessman. There is no way he'd continue financing JBI if he wasn't 100% confident in what they have.
He's been there a couple of months now and I'm sure he's had a good look at the books so there would be little doubt that he knows everything there is to know about the product, the technology, the people and the company.
I suspect he knows he has a safe investment.
what information is available that suggests the statement below is true. There should be evidence that others were asked and answered no. Can you provide a list of names?
No outside investors could be convinced to put in anything and JBI was forced to rely on it's CEO to provide the only subscription, and that was just 30% of the total offerring.
there is another direction - down.
Yes. There is no other direction but up from here.
Fish oil is now a cure for cancer, LOL!?!? Is there any indisputable scientific evidence (IE lab results or blind studies on humans that corroborates such a statement). If not this must be a pump and dump.
Mr. Heddle said he would like to do mid-quarter updates starting in Q 4
Isn't it nice to be the part of the .01% that survives the OTC? That alone says a lot about the company and the technology.
Yeah isn't it nice it's not needed and that cab mean only one thing - cash doesn't seem to be an issue right now.
Does that mean increased revenues and cost cuts are making us near Cash Flow Positive.
"Richard Heddle appointed CEO. Pours $3M into JBII Treasury"?
No, he didn't.
He only said he would. And then he stopped saying that he would.
Heddle has been there what, a month or so. His known cuts are fantastic to date. His unknown cuts are ,well, unknown. Do you have any idea what his totals cuts have been and/or will be?
Check out this list:
1) no CEO salary;
2) no COO salary;
3) no CEO bonus;
4) no COO bonus;
5) CFO's salary significantly reduced;
6) no CFO bonus;
7) no salary/commission for a feedstock purchaser;
8) no more expenses relating to trips to and from St. Louis;
9) no more costly mistakes by the COO/CEO;
10) no more purchasing contaminated plastic;
11) no more expenses land-filling contaminated plastic;
12) no more MRF;
Not a bad start.
So please provide us with a better understanding why thousands and thousands of proxies were not delivered last year?
Well, I expect it's something a little more serious than what you've implied.
I assume this is a way to make light of a very serious issue.