As long as you focus on the long term potential, the timing and order doesn't matter.
But I agree, as long as there can't be any PE attached to this stock, we will see pps swings, up and down. On the long run, pps will be mucho higher, if you ask me.

I know, but sometimes you have to ask things you already know the answers to in order to put certain statements into perspective

Could you please provide a link that leads to that conclusion?
TIA

You should have bolded the first word after A: Some

Steady_T Share Sunday, October 23, 2011 12:26:39 PM
Re: kezzek post# 139173 Post # of 139230

"We" haven't established that raggertail is anything other than a source of income for JBII.

According to the available data, raggertail comprises less than 30% of the total amount of plastic that comes from the RKT facilities.

Don't forget to add the economic value of the recovered metals from the raggertail to your calculations.


That supplemental agreement(S) that concerns you so is right where it is supposed to be. In a file drawer with all of the required signatures on it.


JBI's competitors and others would very much like to know where that site(s) will be.

I would too, for that matter, but it is not in my interests as a shareholder for that information to be public.

It seems to have escaped some folks attention that what they would like and what is in the company's best interests are not the same thing. As a shareholder, my monetary interests are aligned with the company's. As a shareholder my curiosity is at odds with the company's interests.

Stay tuned... You may witness a huge surprise.

CORRECT; LIKE I SAID: MINDBOGGLING POTENTIAL!!!!!!!

IMHO the price is being hold down because of (amongst other things):

*lack of recent updates (the release of the RKT deal gave a glimpse of the HUGE JBII future, but the RKT shining faded a bit because of the silence that followed after the PR)
*WN (although it probably won't be more than a slap on the wrist)
*Law suits (although the best informed here are aware that these will diminish as quickly as they came)
*uncertainty of the scale and speed of the land rush
*uncertainty of financing possibilities for this roll out
*not proven profitability (in an area where no P2O ever proved to be viable)

With every item addressed, the mindboggling potential will become within reach more and more and the pps will move likewise.
So, if any updating news hits this week, we might see a very nice jump.

JMHO, of course

Don't be surprised if JBII will have an average pps increase of $1.- per month from now until EOY 2012.
JMHO

pseeker, please keep in mind the difference between 200 in 2 years and 2,500 in 10 years (first forecasted in the November 2009 Conference Call).
Or to put it into perspective and related to the dates on which JB made these statements:

200 in 2013, 2,500 processors in 2019/2020.

Take care!

PS: I would be careful when you have any plans shorting this one...

$2.00+ would not surprise me...
Personally I am waiting for an update on processors 2&3, progress on the first RKT site and any large fuel purchase agreement to go along with the ramping up of production.

I expect these 3 items will mark the start of a long run.
To the upside, that is

I have to correct you:

JB himself stated in a recent interview his estimate of having 200 processors installed within 2 years. I mentioned it in the following post, together with the links to support it:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66071586

Easy, IMHO
Let's assume 200 processors, 30T each:
*150 bps/day (assuming NO premelt production increase)
*100.-/barrel
Net revenue / year equals more than $1B.

Unbelievable that Agisucks is still being mentioned as having a qualitative or competitive edge versus an on all aspects clearly superior JBI technology.

With this JBII post you launched your alter ego: 'Rudolf Rawnoc',
LOL
I really hope the company will have 3 processors spitting fuel by X-mas. That would make up for a X-mas to remember and a marvelous 2012.

HO HO HO

GO JBII

Does JBII have a profitable future in sight with the RKT deal or not?

I am sure you remember companies that saw stockprices run on contracts but come down to be out of business for good (remember TRDY and Disney Children's Book Group, LLC?). Too bad that contract was not enough to make it a long term viable company.
Maybe people are claiming the JBII JV contract(s) will not be viable either because of the bad experiences they had in previous investments.

I for one dare to make a bet that a lot of investors that got burned on these frustrating 'deals' will make up for their losses AND MUCH MORE when taking a stake in JBII.
All these investors should do is put off the black coloured pair of glasses, waring since previous miss-steps in investing and look at the ultra high credibility that a lot of huge household names are sticking to JBI and its P2O process.

In the light of the wonderful achievements of this new technology I personally find it very remarkable to see this harsh disbelief. Me thinks that CRA, Islechem, NYDEC, RKT and many many others did thorough DD before attaching their names to P2O and / or JBI.

Just sayin....

TICK TOCK....

Back to 95 within 4 minutes after JB finished a marvelous presentation.
Hold on to your seats! Apparently working on lots of stuff !!!

I hope these stupids will feel very sorry very soon...

I applaud JBII for being cautious in what they release
I applaud JBII for the HUGE things that have been realized during the last 2 years
I applaud everyone who has the insight and abstract thinking level to understand that a start up company and the birth of a new industry faces hurdles, unforeseen hurdles, that have to be overcome.
I applaud JBII for the way they are overcoming these hurdles
I applaud JBII for the fact that they landed a HUGE deal with RKT, hardly 2 months ago
I applaud each and every shareholder who undersands the major business impact of such a deal for the company JBII
I applaud each and every shareholder who understands that the roll out of such a deal takes a lot of time and preparation.
And last but not least I applaud everyone who not only suggests he/she would do a better job than JB but who also actually proves to be capable of building a multi-Billion dollar company faster and better than JB is doing.

I agree completely; my feeling is that most of us do not oversee the hurdles he had to overcome, and the decisions he had to make, while prioritizing one step over the other.
IMO he will have a lot of positive surprises in store for the shareholders and, don't forget: the world....

Much ado about nothing. The 3 plaintiffs jointly do not have more than apx. $95,000 in, partially, paper losses.
Are these three shareholders the only people this parade of law offices could come up with to build their case?
ROFLMAO

And I do not even mention the (IMO not existing) validity of (the content of) their claims.

Wise. I wouldn't be surprised if we close green today.

Yeah! Can we say 'fiddy BUCKS in 2 years'?

I have the impression she wil not give a sh#t. All that matters to her is whether JBI can do magical things to RKT and to be more specific: to the waste plastic they have been desperately storing for years and years waiting for a solution.

Well... In case some people didn't find out yet...
JBI brought them a mighty solution...!!!!

WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE


"We are proud to announce our partnering with JBI's Plastic2Oil" --August 9
"We're super excited about this If you couldn't tell"'-- August 10
"We are so excited about this opportunity. More to come." --August 29
"We do not have an official start date yet, but we expect to be producing fuel on our property within the next 6 months." --September 16
"...we think its pretty amazing as well...We are really looking forward to this project!" --September 19
"we are hoping to produce an informational video in the future" --September 19

~~RockTenn Recycling and Waste Solutions

http://www.facebook.com/pages/RockTenn-Recycling-and-Waste-Solutions/194274830624248

Funny... There seems to be a pattern in calling LOI's 'contracts', while 'contracts' are being called 'LOI's'.
ROFLMA...O

Hope is the father of thoughts, arising from uncertainty...

To be honest I cannot imagine there are still people doubting JBI's groundbreaking P2O solution despite overwhelming proof, provided by tens of very credible and reliable companies and institutions that have been testing and DD'ing JBI and its P2O process.

Only a matter of time until this stock will see mutliple double digits, IMHO...

TICK TOCK

The company is not equal to mr. Bordynuik in person.
If you dig into juridical and fiscal issues you'll find out that an on arms lengths transaction, also and especially between a company and one of its officers is very important.

Here's a link to find the answers to your questions. If these answers are added to the questions you posted it helps to give a more complete and better view of the discussion. It will be clear that JBI gave some very thorough, superb answers to all of these questions.
Mark my words: this wells notice will end up with a small fine, if at all.

11. With regard to your May 2010 private placement, please tell us where you filed the related Form D."

Answer: The related Form D was filed with the SEC on May 12, 2010.

16. We note that in fiscal 2009 the “operating activities” section of this statement indicates you recorded $1,679,224 for “services contributed by shareholder”. Please tell us where and how the values of these services are presented in your consolidated statement of changes in stockholder’s equity.

Answer: The value for services contributed by shareholders of $1,679,224 is made up of a $1,000,000 loss on the Media Credits purchased and $679,224 is made up of the $129,766 paid for interest and commissions and the $549,458 is detailed in question 19. The media credit transaction is listed in the consolidated financial statement as “Shares issued in connection with acquisition of Javaco and media credits” for a total of 3,500,000. 1,000,000 was for the media credits and 2,500,000 was for the acquisition of Javaco. The $679,224 is listed in the consolidated financial statements as part of “Shares issued primarily to settle Pak-It acquisition indebtedness and acquisition fees, $0.80 per share” which totals 3,548,750 shares.


17. We note that you acquired Javaco, Inc. and Pak-It, LLC in August 2009 and September 2009 respectively. Please address the following:



? Provide us with the significance tests outlined at Rule 8-04(b) of Regulation S-X for each of the 2009 acquisitions



Answer: The total assets of both acquisitions exceeded 50% of the total assets of the Company at the date of acquisition.


? Tell us whether you filed Item 2.01 and Item 9.01 Forms 8-K for the referenced transactions, or please file any required Forms 8-K



Answer: The amended 8K filed with the SEC on January 27, 2010 includes Item 2.01 for the acquisitions.
The financials for the acquisitions are included in the year-end audit.


? Tell us who owned Javaco and Pak-It prior to their acquisition by JBI



Answer: Javaco was owned 100% by Domark International, Inc prior to its acquisition.


Pak-It ownership prior to the acquisition was:

Stephan R. Seneca 24.25%
Geoffrey C. Weber 24.25%
Richard M. Haber 2.5%
Andrew Lynn 15%
Mark Lagos 15%
Mainstreet Equity Fund, LLC 9%
Private Equity Fund of West Florida 10%





--------------------------------------------------------------------------------




? Tell us about any relationships such as ownership between JBI, Javaco and Pak-It prior to JBI’s purchases of them; and



Answer: There were no relationships between Javaco or Pak-It and JBI prior to the acquisitions.


? Tell us whether John Bordynuik had any ownership interests in Javaco or Pak-It prior to their acquisition by JBI and the percentage ownership of any such interests.



Answer: John Bordynuik had no ownership interests in either company prior to their acquisitions.

Here's the link with the answers:

http://www.sec.gov/Archives/edgar/data/1381105/000121390010004271/filename1.htm

Yes, I agree; JBI provided the SEC with solid answers. This whole thingy will end up with a $50,000.- fine, if at all. JMHO

Completely agree! JBI has the best management we could possibly beg for.

Rome wasn't built in 1 day. Shareholders who do not understand what this new technology had to overcome to reach the point where P2O is right now, barely 2 years after the first P2O table unit, should consider to sell and move on, IMO.

Here is a partial list of massively credible entities that have been convinced by JBI management:

General Motors (NYSE: GM)
Rock-Tenn/Smurit-Stone (NYSE: RKT)
OxyChem (NYSE: OXY)
Waste Management (NYSE: WM)
Chrysler
Billionaire Middleeast Investor(s)
Coco Paving
Two New York State Senators
The Mayor of Niagara Falls
New York Department of Environmental Conservation
Islechem, the private R&D lab of a $90 billion NYSE: OXY
Conestoga-Rovers and Associates
Intertek
PetroLabs
Alberta Resource Council
Southwest Research Institute

Talking about management execution:

They said their next goal is building 2 more processors ASAP-- and instead they're working on 5 more. WTF? Mark missed.

They said they would sign a JV agreement with a millionaire individual that would work on getting infrastructure to support dozens machines and instead they got a 10 year exclusive license with a multi-billion dollar NYSE company that already has everything in place to support hundreds of machines. WTF? Another mark missed.

They said they'd sell fuel for WTI - $3 and instead they sold it for $26/barrel higher. WTF? Another mark mixed.

And they said they can make near-diesel fuel that has to be separated at a blending site and instead they can make just about any fuel you can imagine consumer-ready right off the processor. WTF? Another mark missed.

And they said it takes 2 operators to run the processor and in reality 2 operators can run 3 processors. WTF? Another mark missed.

And they said the processor has to be shut down to remove the residue and instead it can now be hot tapped straight off. WTF? Another mark missed.

And they said the residue has to be disposed of in a landfill which cost money. Instead, the residue itself has fuel value. WTF? Another mark missed.

And they said the permit would allow them to operate one machine. Instead, the permit allows 3 machines. WTF? Another mark missed.

And they said they expect to attract millionaire investors. Instead they attracted billionaire investors. WTF?

Unbelievable how JBI management has been able to deliver.

More to come, if you ask me Even RKT communications manager is all hyped up about the future potential of the RKT - JBI deal.

TICK TOCK...

WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!!!!!!!!!!!!!!!!!!

These 2 posters explained it perfectly to you:

http://investorshub.advfn.com/boards/replies.aspx?msg=67194660

Clear?

Could you go into a bit more detail? Please focus on FREE OPERATIONAL CASH FLOWS.

By doing so, you'll learn what the Q2 losses exist of and to what extend a future cash drain is to be expected.

Oh yeah, I'll give you a hint: losses do not equal free operational cash flows.

GLTY

Rome wasn't built in 1 day. Shareholders who do not understand what this new technology had to overcome to reach the point where P2O is right now, barely 2 years after the first P2O table unit, should consider to sell and move on, IMO.

Here is a partial list of massively credible entities that have been convinced by JBI management:

General Motors (NYSE: GM)
Rock-Tenn/Smurit-Stone (NYSE: RKT)
OxyChem (NYSE: OXY)
Waste Management (NYSE: WM)
Chrysler
Billionaire Middleeast Investor(s)
Coco Paving
Two New York State Senators
The Mayor of Niagara Falls
New York Department of Environmental Conservation
Islechem, the private R&D lab of a $90 billion NYSE: OXY
Conestoga-Rovers and Associates
Intertek
PetroLabs
Alberta Resource Council
Southwest Research Institute

Talking about management execution:

They said their next goal is building 2 more processors ASAP-- and instead they're working on 5 more. WTF? Mark missed.

They said they would sign a JV agreement with a millionaire individual that would work on getting infrastructure to support dozens machines and instead they got a 10 year exclusive license with a multi-billion dollar NYSE company that already has everything in place to support hundreds of machines. WTF? Another mark missed.

They said they'd sell fuel for WTI - $3 and instead they sold it for $26/barrel higher. WTF? Another mark mixed.

And they said they can make near-diesel fuel that has to be separated at a blending site and instead they can make just about any fuel you can imagine consumer-ready right off the processor. WTF? Another mark missed.

And they said it takes 2 operators to run the processor and in reality 2 operators can run 3 processors. WTF? Another mark missed.

And they said the processor has to be shut down to remove the residue and instead it can now be hot tapped straight off. WTF? Another mark missed.

And they said the residue has to be disposed of in a landfill which cost money. Instead, the residue itself has fuel value. WTF? Another mark missed.

And they said the permit would allow them to operate one machine. Instead, the permit allows 3 machines. WTF? Another mark missed.

And they said they expect to attract millionaire investors. Instead they attracted billionaire investors. WTF?

Unbelievable how JBI management has been able to deliver.

More to come, if you ask me Even RKT communications manager is all hyped up about the future potential of the RKT - JBI deal.

TIC TOC...

WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!!!!!!!!!!!!!!!!!!!!!

If you ask me we'll see forward split(s) in the future instead

Employment Agreements

The Company is a party to an employment agreement with its current executive officer. At the request of the executive officer, the Company resolved to decrease the annual salary in the employment agreement to $168,000, effective February 1, 2010.

http://www.sec.gov/Archives/edgar/data/1306109/000116552711000733/g5334.htm


It has been worse:

Employment Agreements

The Company is a party to employment agreements with each of its current executive officers. Future minimum payments under these employment agreements are as follows:

Fiscal Year Amount 2009 $ 533,773

AND in the very same year 2009:

In June 2009, the Company issued 500,000 and 405,000 shares of common stock to David M. Daniels, its President and Chief Executive Officer, and Alex Soufflas, its Vice President and Chief Financial Officer, respectively, in full payment of deferred salary compensation that was earned by each of them during the three months ended March 31, 2009 and payable to each of them as of March 31, 2009. The shares were valued at $0.09 per share for total consideration of $81,450, all of which was recognized as expense during the three and six months ended June 30, 2009.

http://www.sec.gov/Archives/edgar/data/1306109/000110465909049940/a09-18875_110q.htm

O/S increased by almost 60% in 6 months:

Common stock, $0.001 par value, 250,000,000 shares authorized,
149,328,252 and 94,692,478 shares issued and outstanding
on June 30, 2011 and December 31, 2010, respectively

Page 3 of last 10Q:
http://www.sec.gov/Archives/edgar/data/1306109/000116552711000733/g5334.htm

And you know what? The heaviest volume increase in the stock happened even AFTER this period.

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=nhpr&insttype=&freq=&show=

Wait and see how many shares will be outstanding as of September 30. My guess: apx. 200 million.

GLTA, but IMHO you could very well end up to be very disappointed when holding this stock.

And this has been the result... A pure and plain dilution pattern:

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=nhpr&insttype=&freq=2&show=&time=12

I don't have the energy to add the multitude of PR's that promised explosions of revenues and positive cashflows. It simply never happened.

Don't be surprised if dilution has been happening on the 'good news'.
Check out previous promises, year after year, and you know what I am talking about.
GLTA

Specific stock(s) in the portfolio that will be frontrunners IYO?