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Weathered the $4.20 push and the .92 pain. Long term holder here. We are not even close to what this monster will be. Can you smell what JB is cooking? MM MM Good!
Fun with Numbers: JBII up 161% since intraday low of .92 cents on 11/22/11. Thanks JB for getting this party started!
Is this the board where my true asshole being can be eminated? God I love the smell of napalm on JBII shorts in the morning!
Slap that ask and 2FITTY is around the corner (That's 5 fitty's or 300% for those of you excellent mathematicians playing along with the home version!
I will take that unsigned agreement marked up 300% and raise you a processor that wont scale up outside the lab and some non-existent buyers of P2O fuel!
How Sweet It Is!!
Merry Christmas to ALL JBII followers. May you all relax and enjoy the spirit of the season, giving, love, family! A huge thanks to JB and staff for making this the most exciting stock ride I have ever had the fortune of being on! My quite sizable position (starting at .71) has added a fun facet to my life. Thanks Stockman for turning me on to this company back in the summer of 2010. Been in ever since. So looking forward to meeting all at next year's AGM. God Bless and be safe! Dale
EPIC showdown 1.90 x 1.93
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 23, 2011
JBI, INC.
(Exact name of registrant as specified in its charter)
Nevada 000-52444 20-4924000
(State or other jurisdiction of
incorporation) (Commission File Number) (IRS Employee Identification No.)
1783 Allanport Road, Thorold Ontario L0S 1K0
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (905) 384-4383
N/A
(Former name or former address, if changed since last report)
––––––––––––––––
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 8.01 OTHER EVENTS
On December 23, 2011, JBI, Inc. issued a press release (the “Press Release”) announcing that it had entered into a fuel supply agreement with XTR Energy Company Limited. A copy of the Press Release is attached to this Report as Exhibit 99.1.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits
Exhibit No. Description
99.1 Press Release
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
JBI, INC.
Date: December 21, 2011By:/s/ John Bordynuik
John Bordynuik
President and Chief Executive Officer
Exhibit 99.1
JBI, Inc. Signs Multi-Year ‘Transport Fuel’ Take-Off Agreement with XTR Energy
THOROLD, Ontario, December23, 2011 (GLOBE NEWSWIRE) -- JBI, Inc. (the "Company") (OTCQX:JBII) is pleased to announce today the signing of a multi-year transport fuel supply agreement with XTR Energy Company Limited (“XTR Energy”).
XTR Energy is one of the largest and fastest growing independent retail petroleum brands for regular and premium gasoline and diesel products in Canada. XTR Energy focuses on well-priced products, timely deliveries and innovative customer retention programs. This focus has enabled XTR Energy to establish network locations in Ontario, Nova Scotia, New Brunswick, P.E.I., Manitoba and Saskatchewan.
XTR Energy will be purchasing Regular Transport Gasoline, Premium Transport Gasoline, Diesel Ultra LS Clearand other acceptable road transport products from JBI, Inc. These products are the fuel output of JBI, Inc.’s Plastic2Oil® (“P2O”)process, which will then be blended and made available through the Company’s Blending Site in Thorold, Ontario (“Thorold Terminal”).
“XTR Energy looks forward to acquiring products from JBI, Inc. in Ontario and across Canada. This new relationship is directly aligned with XTR Energy’s strategic objective to have a diversified secure supply of quality petroleum products from a variety of sources to meet the growing demands of the XTR Energy network and preferred customers,” statedKen Wootton, President of XTR Energy, upon signing the agreement.
“We were attracted to XTR Energy because of their corporate values and distribution reach across much of Canada,” commented John Bordynuik, CEO of JBI, Inc. “They are committed togreen alternatives, high operational standards and maintaining long-term winning relationships with both their customers and suppliers.”
The agreement with XTR Energy is a step forward in achieving the Company’s vision of becoming a vertically integrated plastic recycling, fuel processing and fuel distribution company. It allows the Company to utilize the value of one its key assets, the Thorold Terminal, a registered and licensed TSSA fuel blending and distribution facility with fuel storage capacity in excess of 250,000 US gallons.
About JBI,Inc.
JBI, Inc. is a domestic green Oil and Gas company. JBI, Inc. developed a process that converts waste plastic into fuel (Plastic2Oil), without the need of further refinement. JBI, Inc. scaled a 1kg process to a 20MT commercial processor in less than 1 year. For further information please visit www.plastic2oil.com and review our SEC filings, including without limitation our Form 10-K, as amended, filed with the SEC on July 18, 2011.
Forward Looking Statements
This press release contains statements, which may constitute "forward looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act. The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees as of 1995. Those statements include statements regarding the intent, belief or current expectations of JBI, and members of its management as well as the assumptions on which such statements are based, including the expected timing of the Company's Form 10-K, execution of the proposed agreements described above and consummation of the transactions contemplated by such agreements. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Such risks include, but are not limited to: (1) JBI has a history of net losses, and may not be profitable in the future; (2) JBI may not be able to obtain necessary licenses, rights and permits required to develop or operate our Plastic2Oil business, and may encounter environmental or occupational, safety and health conditions or requirements that would adversely affect its business; and (3) JBI may experience delays in the commercial operations of its Plastic2Oil machines and there is no assurance that they can be operated profitably. For a more detailed discussion of such risks and other factors, see the Company's amended Annual Report on Form 10-K, filed on April 20, 2011, with the Securities and Exchange Commission, and its other SEC filings. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
CONTACT: JBI Inc.
Investor Relations
1-877-307-7067
2.12 print WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
Makes my day when Roguesu does the happy dance!!
Have yourself a MERRY JBIIXMAS!
So much for the GOO conspiracy!
XTR Energy will be purchasing Regular Transport Gasoline, Premium Transport Gasoline, Diesel Ultra LS Clear and other acceptable road transport products from JBI, Inc. (JBII:$1.74,00$0.11,006.75%) These products are the fuel output of JBI, Inc.'s (JBII:$1.74,00$0.11,006.75%) Plastic2Oil® ("P2O") process, which will then be blended and made available through the Company's Blending Site in Thorold, Ontario ("Thorold Terminal").
Beat me by 24 seconds LOL
JBI, Inc. Signs Multi-Year 'Transport Fuel' Take-Off Agreement With XTR Energy 12/23 09:54 AM
THOROLD, Ontario, Dec. 23, 2011 (GLOBE NEWSWIRE) -- JBI, Inc. (JBII:$1.74,00$0.11,006.75%) (the "Company") (OTCQX:JBII) is pleased to announce today the signing of a multi-year transport fuel supply agreement with XTR Energy Company Limited ("XTR Energy").
XTR Energy is one of the largest and fastest growing independent retail petroleum brands for regular and premium gasoline and diesel products in Canada. XTR Energy focuses on well-priced products, timely deliveries and innovative customer retention programs. This focus has enabled XTR Energy to establish network locations in Ontario, Nova Scotia, New Brunswick, P.E.I., Manitoba and Saskatchewan.
XTR Energy will be purchasing Regular Transport Gasoline, Premium Transport Gasoline, Diesel Ultra LS Clear and other acceptable road transport products from JBI, Inc. (JBII:$1.74,00$0.11,006.75%) These products are the fuel output of JBI, Inc.'s (JBII:$1.74,00$0.11,006.75%) Plastic2Oil® ("P2O") process, which will then be blended and made available through the Company's Blending Site in Thorold, Ontario ("Thorold Terminal").
"XTR Energy looks forward to acquiring products from JBI, Inc. (JBII:$1.74,00$0.11,006.75%) in Ontario and across Canada. This new relationship is directly aligned with XTR Energy's strategic objective to have a diversified secure supply of quality petroleum products from a variety of sources to meet the growing demands of the XTR Energy network and preferred customers," stated Ken Wootton, President of XTR Energy, upon signing the agreement.
"We were attracted to XTR Energy because of their corporate values and distribution reach across much of Canada," commented John Bordynuik, CEO of JBI, Inc. (JBII:$1.74,00$0.11,006.75%) "They are committed to green alternatives, high operational standards and maintaining long-term winning relationships with both their customers and suppliers."
The agreement with XTR Energy is a step forward in achieving the Company's vision of becoming a vertically integrated plastic recycling, fuel processing and fuel distribution company. It allows the Company to utilize the value of one of its key assets, the Thorold Terminal, a registered and licensed TSSA fuel blending and distribution facility with fuel storage capacity in excess of 250,000 U.S. gallons.
About JBI, Inc. (JBII:$1.74,00$0.11,006.75%)
JBI, Inc. (JBII:$1.74,00$0.11,006.75%) is a domestic
Thanks Kris!
picked up another 500 at 1.63 at the close. Rock TGIF tomorrow JBII!!
Outstanding job Chris! Looking forward to the 2012 party with all the longs at the 3rd annual AGM! DZ
Did NITE just shift 6000 shares from bid to ask? LOL, even the MM's are dazed and confused. Which way do we go George?
Nice to slowly step the price UP these days. Don't you just miss seeing ABBA with 600 shares on the ask (lowered after we took a key pricepoint) NOT! Go JBII
I will call a 1.75 close WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
GOSY- 1.5 million shares hit the ask and no let up in sight. Someone is a little interested!
Well said Waikikian! Well said.
Thanks KSilva! This says it all to me:
"This permit exemption was determined prior to the recent stack test performed on the P2O processor by Conestoga Rovers & Associates on December 5-6, 2011, which produced results showing emissions decreased with increased plastic feed rates; further validating that the P2O process is highly "green," clean and scalable."
Interesting game played out by Nite and CSTI at the close.
That was my 400 shares that kick started this party right after I posted the news weeeeeeeeeeeeee, time to fly birdie fly!
A Decemba to rememba! As IRock says, thanks for playing. Now giddyup!
JBI, Inc. Receives Air Permit Exemption 12/15 03:10 PM
THOROLD, Ontario, Dec. 15, 2011 (GLOBE NEWSWIRE) -- JBI, Inc. (JBII:$1.29,00$-0.11,00-7.86%) (the "Company") (OTCQX:JBII) is pleased to announce it has received an exemption from air permitting by the environmental protection agency in the state where the initial Rock-Tenn Company ("RockTenn") Plastic2Oil® ("P2O") site is being constructed.
During September 2011, the Company proposed and submitted an application for exemption of an Air permit and met with several of the state's environmental engineers. The Company also presented before the environmental committee, which was composed of citizens, environmental engineers and permit engineers.
The permit determination for the first facility was issued Tuesday, December 13, 2011. The environmental permit authority made the determination that this facility does not need an air permit and that the proposed project will comply with all applicable local, state and federal air pollution regulations.
Additionally, the Company will not require a Waste permit, because the plastic being processed is already located on-site.
The permit authority requested that a stack test be conducted on the first P2O processor installed in its jurisdiction.
This permit exemption was determined prior to the recent stack test performed on the P2O processor by Conestoga Rovers & Associates on December 5-6, 2011, which produced results showing emissions decreased with increased plastic feed rates; further validating that the P2O process is highly "green," clean and scalable.
"The extra time we took to make enhancements to our processor during Q2 and Q3 to maximize its efficiencies and reduce emissions is now starting to pay dividends as we expand into other states," stated CEO John Bordynuik.
The Company is excited about the next stage of this project, which includes securing permits for construction and operation of this site.
About JBI, Inc. (JBII:$1.29,00$-0.11,00-7.86%)
JBI, Inc. (JBII:$1.29,00$-0.11,00-7.86%) is a domestic alternative Oil and Gas company. JBI, Inc. (JBII:$1.29,00$-0.11,00-7.86%) developed a process that converts waste plastic into fuel (Plastic2Oil), without the need of further refinement. JBI, Inc. (JBII:$1.29,00$-0.11,00-7.86%) scaled a 1kg process to a 20MT commercial processor in less than 1 year. For further information please visit www.plastic2oil.com and review our SEC filings, including without limitation our Form 10-K filed with the SEC on April 20, 2011.
Forward Looking Statements
I like PAINTING by numbers in JBII book! Merry Christmas and Happy Hannukah All!
Quiet as a mouse on the stock side of the house. Something really awesome is about to happen. Are you ready??
Nice spread MM's (Market Manipulators!!)
No conviction on the bid side. Looking for some positive price action in next 15 minutes for my smiling face!
I Will drink to that JC!
On November 29, 2011, John Bordynuik returned 3,000,000 shares to treasury. The Company will use these shares to compensate employees and new executive hires, in addition to offsetting shares issued for financing, while maintaining existing shareholder value.
JB returns 3 million shares back to company for executive and new hire compensation
Form 4 JBI, INC. For: Nov 29 Filed by: Bordynuik John William 12/06 05:02 PM
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7940997
Filed on: December 6, 2011
Get more news on:SYMBOLS: JBIINEWS TYPE: SECTORS:
Bid is very thin!
Weeee, a whole $400 for the flip. Gonna be rich I tell ya, rich!!
Hey buddy ole pal, I will put you over the top. Call me!
Bruce Juice and P2O, this Jersey guy likes it!!
Well said xxxxLewis