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I've been a holder here for a very long time. Trimmed 40% yesterday and today, will hold the rest (free shares). However, I have no idea what is going on with this last surge. My gut says to stay in and I reluctantly sold on discipline. The street.com article tells me this has a good chance on going much higher.
If natcore has the goods which I think it does this will go much higher on fundamentals.
Examples please of this leaking of insider info. I think Chris needs a raise, your thoughts?
How could you be holding 70 million shares when I'm holding at least 50 million.
Think about it carefully, it is done to protect the company. How would some group try and destroy a company where the trade secret is kept by mid management.
I totally get why he stepped aside now. It's just a bonus to get a senior manager like Kevin Rauber as CEO.
What's the talk about HQ change, I've been away from these boards for awhile? Thanks.
He is mid management, his job is to try an improve the machines and aid in the p2o machine roll out. That's it.
Ok, thanks, so I guess that all of the John Bordynuik bashing will stop now since he is only mid management.
Can you show explain to me why you think JB is not an officer of the company? Who said he is tired? In my opinion JB becoming the CTO of the company has nothing to do the that SEC complaint.
The SEC will most likely settle before trial. Most likely a warning nothing else. Just because he founded the company does not mean he wants to be CEO. I think he likes science, math, and technology.
The SEC has not "won" anything. John positioned himself as the CTO voluntarily and appointed experienced senior management to transition JBI from startup to monster beast mode.
It's alright. John is the founder of the technology, it is however a public company and is run with the best interests of the shareholders in mind.
The company is going to move forward with building machines that convert waste plastic to fuel. The company is going to move forward with its 10 year contract with Rock Tenn.
What you think the SEC is in the business of putting future job creators out of business. Come on, a single line accounting error that may not even be an accounting error...is getting your ass kicked by the SEC?
I would suggest the SEC simply wants to enforce regulations and give companies fines that they can pay. After all people need jobs and JBI will be a huge job creator.
What's your best guess for JBII hitting 40.00 American dollars per share?
John is interested in the technology, it is where he is most passioned and is probably best suited. I think it shows incredible character stepping aside and bringing in a veteran to head the show.
Those Guesses were before the heavily worded with little substance BS SEC complaint. I think in time all will be proven correct.
What is a reality avoidance hat?
I bet his 160 000 shares will be worth millions in just a short few years. What external market forces are you referring to here...manipulation? Works both ways right. Large money is just starting to take notice of the stock and company.
I think the longer we churn around 1-1.50 and the more shares owned by large shareholders, the better.
Most likely it has a liquidation only label at the brokerage. Perhaps the broker wants to make sure it can actually provide the certs it fills. Part of risk management by the broker.
It could change in the near future so call them and make sure you don't get a fluff answer...I'm very curious
Agreed, no idea how Chris has become a target here, Ridiculous at best. I called him once thought he was very professional.
I like the accumulation / distribution graph in this chart.
In all fairness, that list was complied before the SEC complaint was filled. I believe the "timing" of the complaint was rather interesting as well....just after the Christmas holidays when retail investors...well might have spent too much money over Christmas.
Hitting at that time might have created a little more panic selling, but who knows.
A song I heard on the radio today sort of fits JBII right about now: The future is so bright I need to wear shades.
Hey, thanks for all the updates today on that long list of impressive large jbii shareholders.
You called him...why? Don't yah know JBI is just a scam...sub penny at best.
Tic tok
There are only 1200 Billionaires. They did not get there by accident. For a guy like this to lay money down its because he thinks the return on investment will be huge.
I would say all billionaires are savvy investors, or they hire savvy investors. Or both.
What a guy with only 1.4 Billion dollars thinks JBII is a good stock to buy. Really, what would somebody with that kind of money know about investing anyways.
These guys have rich friends.
tic tok.
The SEC is not a thug trying to rob a startup company of its recent financing. In fact they will settle for nothing or very little.
A company that turns waste plastic into useable spec fuel will be helped by the government not hurt.
So what you are saying....is that out of the 1200 worldwide billionaires more than 1 are aware and have invested in JBII.
I guess the saying is true. The rich just get richer.
Bump. Nice chart.
They are buying what's available and not interested in moving the stock just yet.
"ensure that fraudsters aren't enriched by means of fraud"
Could not agree more. However, the fraudsters seem to be having a hard time finding an exit strategy. Hopefully light illuminates these fraudsters and exposes them fully.
Sweet photo. When was it taken? I missed it on the JBI board I guess. Looks like the roll out has started literally. RKT 's bottom line is going to increase with these bad boys pumping out fuel.
Is the lead plaintive in the derivative lawsuit a former machine operator and maintenance person? I think his name is Erwin Grampp.
He instigated this lawsuit why? Perhaps his expertise and on the job experience helps him understand how to run a public company more effectively than the BoD.
Of course it will be settled. I'm actually leaning towards complete retraction. It would be embarrassing to be associated with this sec complaint...talk about being completely and totally ridiculous.
Enjoin, disgorge, serial offender. Whatever. An accounting error that was voluntary corrected before any correspondence or corrosion from the sec.
This will not even get to court. Besides it looks like big money is starting to line up and wanting to invest in JBI.
Tic Tok
There are roughly only 1200 billionaires worldwide. It's nice to know one of them is aware of JBI.
Tic Tok
Is this the Erwin Grampp who was a machine operator and maintenance person at dicker chemical? Later bought by JBI.
I wonder what makes him qualified to render judgment on the board or directors. To me it seems like the board has always had the shareholders best interest in mind.
The current version of the P2O machine was worth the delays and tweaking. 4000 lbs an hour producing spec fuels...I say yes.
Totally agree. Just because Chris works for a public company does not mean he needs or deserves to be "bashed" on this board.
To my knowledge he has done a great job, works hard, and is dedicated to the success of JBI.
Actually, I called the IR guy once. He answered my question professionally and to the point. What are you looking for from the IR guy that you did not receive.
Yes. Most likely liquidated at a bargin price...or at least lower that it is currently trading.
I can't see a future in having the final version of a machine that takes land filled waste plastic and converts it into spec fuels. Oh yeah, also 10 million in the bank to get the machine roll out started.
For sure, liquidation of machines and buildings is on the precipice of occurrence.
Agreed. I think it's a real possibility that "case building" is underway as we speak.
Yes, but if you start to cover now you will run the stock into double digits. I think the hope is to kill the company still. However, if killing the company does not work, the cover will be much worse latter.
I think the hope is that shareholders become frustrated will the share price combined with a hiccup in the roll out causing inexperienced investors to panic sell their shares.
If it were my call, I would cover now and take the huge loss now. That way you could continue running this scam on other OTC stocks...keeping your cash cow intact.
Pushing this too far and too hard will expose the players and most likely end with prison sentences.