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when I heard about this fictional halt i bought at 60 cents per share. how am i doing so far?
Proof of what? the sec hasn't alledged a single negative thing about p2o and it instead of 'shutting it down' p2o just doubled and after the swp change it will be qua-drool-pled.
Given my name is waterlooo I'm rarely wrong about all things water.
During February, 2010, the Company formed two Nevada corporations as wholly owned subsidiaries: Plastic2Oil Land, Inc., and Plastic2Oil Marine, Inc. to operate Plastic2Oil (“P2O”) operations on land and sea, respectively.
Its okay, we all make mistakes.
that's been covered plenty. p2o marine partner if they can make p2o marine work the first two devices on a ship they get half the profits as an incentive bonus. that a problem why? i guess lots of things are a problem if you didn't buy at 60 cents like i did.
you got a link to where the cost structure of free plastic feed stock is something different?
“Bringing Processor No. 2 online represents a significant achievement as well as a milestone for our Company. We believe this sets us apart from other plastic into fuel conversion technologies,” states John Bordynuik, CEO and President. “JBI, Inc. is the first company to successfully move from a pilot plant to a multiple processor, full production plant within the industry.”
not only that but jbi can't use feed stock that's mixed with live human beings therefore they lied when they said they don't have to sort it. picking plastic feed stock that doesn't involve murder is the same as sorting.
JBI avoids pvc in its mixed unsorted plastic feedstock in the same manner that you and i manage to avoid having cockroaches in a bowl of mixed salad. its called you allow suppliers to supply your mixed greens that aren't contaminated. i thought this was obvious. JBI takes plastic from general motors because it doesn't have pvc in their mix.
ridiculous. lets remember rocktenn invested executive time and reputation into jbi which is a much bigger investment than any dollar amount. also how do you know they haven't bought into any pipes or even the open market? to insist no would be like insisting the footprint is too large for 3 processors.
do they need a yellow ladder to account for the plastic footprint? perhaps rocktenn could supply it though they'll never sign a jv agreement with jbi unless jbi has a patent right? lol
JBI, Inc. Announces Completion of its Second Plastic2Oil Processor
http://plastic2oil.com/site/news-releases-master/2012/02/27/jbi-inc-announces-completion-of-its-second-plastic2oil-processor
"reflect" "similar plastic volumes" refers to throughput as rawn stated.
how does that affect the supreme quality of jbi's fuel oil 6? answer it does not, i agree with you that jbi's fuel is nutritious and delicious. have you seen the pics of that yummy stuff?
total nonsense. i agree with you that jbi is a huge winner and their fuel oil 6 is the best.
i agree with you that john did a fantastic job answering all of our questions and then some. feed the beast!!!
perhaps you missed the huge storage tank pics at the p2o plant.
i agree with you kezzek about the inevitable profitability coming with more processors. going to be a run ride!
interesting forecast. so now you are saying that more processors will make them profitable which means each processor itself must be profitable to some degree as the collection of more will bring in more profits than fixed expenses. before I thought the situation was more processors means more losses but now since you say more equals profits then each additional processor until then must mean less and less losses. in the JBI battle of Waterloo the tide is clearly turning fiercely.
Indeed. Many have been learning hard lessons since 52 cents per share all the way up. lmao
Waterlooish lessons.
Yet JBI is 210 percent higher since. Thoughts?
Yet JBI's fuel oil 6 keeps getting produced and sold. Must be good stuff. Agreed?
Is there anybody left who still thinks this is a scam? If so - wow lmao
actually they've only spent around 10 to 11 million $ in operating cash. Then a couple more million in capital expenditures. The rest is noncash gaap charges that aren't even tax deductible with the irs. The 30 million cash figure is just made up as the made up claims to buy plastic feed.
What does "storage" limits have to do with "throughput" limits? The waste permit required throughput information as part of the site plan so obviously that has to be amended. If you are not satisifed with that answer why not give the dec a ring and ask them to explain it to you.
Ridiculous nonsense. All of the parts for processor 3 have already been built. Assembly is the final stage which means the 3rd processor will be complete in the near future. tic toc to bankruptcy for shorts.
THE BATTLE OF WATERLOO CONTINUES
I agree with you that JBI's fuel is extremely cheap to make and of the highest and purest in quality especially their fuel oil 6.
Absolute nonsense. Azure Dynamics reported an embarrassing 1.3% gross profit margin in their most recent report. Even Tesla made mincemeat out of that crap with their bad margins. JBI has 90% gross profit margins. Azure Dynamics have worse margins than a retail gas bar!
http://ih.advfn.com/p.php?pid=nmona&article=49940912
That's the same thing that haunts every penny stock shortly before going up 1000% or more. People making nonsensical comparisons to completely unrelated garbage penny stocks and can't tell the difference between those obvious crap and a gem like this and never see the 1000% move or more coming. Oh well. If the market were rational or smart I would never have been able to buy at .60 last month.
AZO.TO had 1.3% gross profit margins last quarter versus JBI's 90% gross profit margin. That's quite "the big difference" if you ask me. 69 fold. Great number.
The battle of Waterloo has begun. Let me give you a hint. The good guys win.
You're off by a factor of 8. 500 barrels was to a single new customer. I get 4000 barrels have been produced from 1.4 million lbs of plastic
Perhaps you forget. JBI raised millions of dollars last month and sold pak it which put more cash in the bank and less burn rate and are now producing and selling lots of fuel. Ran out of cash? Please.
My profits on JBI are only dwarfed by the profits JBI is making on fuel oil 6
Why would he step down with P2O fuel being sold by the rail car load and New York senators praising his process?
Do you think those rail cars full of JBI's fuel being sold will increase or decrease with 2 more processors running?
How are those who bought at 60 cents per share last month doing?
Now that's funny. There are literally hundreds of profitable OTC stocks. If JBI becomes profitable it will be a far cry from the first in history or even in 2012. I can name you dozens including one that announced a buy out this morning.
JBI rallying with ease. Must be that nutritious AND delicious fuel oil 6.
If rising 200% is the dump, I can hardly wait for the rally!!!!
JBI is up over 200% with no real earth shattering news. Insider information? HA! Try smart trading and not falling for nonsense.
'Shorts' must be crapping in their 'pants'
Can't wait for the Waterlooing fun to begin.