lol - should put that one to rest, but probably not.

Here's a better idea:

Believe me, it exists here.

I cannot show you that!

Damn! Its only Monday, and we already have the post of the week!

Looks like just the right organization to get the global realm in gear:

Welcome to Moore Stephens International

As the world gets smaller, so it becomes more complicated.

International businesses now face issues such as global competition and increasing regulation, including reporting under International Financial Reporting Standards, compliance with Sarbanes-Oxley and similar legislation, or choosing to make public offerings of securities.

Moore Stephens International is regarded as one of the world's major accounting and consulting associations consisting of 351 independent firms with 630 representative offices and 20,864 people across 98 countries.

Our member firms' objective is simple: to be viewed by clients as the first point-of-contact for all of their financial, advisory and compliance needs. They achieve this by providing sensible advice and tailored solutions to help clients achieve their commercial and personal goals.

Moore Stephens member firms across the globe share common values: integrity, personal service, quality, knowledge and a global view.

It is their commitment to clients, which ensures they provide added value services for them, as well as a stimulating career for their people. Moore Stephens International maintains a cohesive association to ensure modern and comprehensive global services that meet standards of professionalism and deliver value in each country.

http://www.moorestephens.com/websites/uk/msil.nsf/pages/newhome

Thanks for the correction update! With JBI, Inc. poised to be a global entity, hiring a world-class international accounting organization to assist in the global launch would seem to be in order.

I doubt that is what was meant by the post...

All of the above...err - below, I mean:

Nice...

LOL - can you provide a link for that one?

This one is huger...

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51110421

What a wonderful 'flashback' to a few short months ago...

Where is PP when ya need em?

And proud as he could be...

What a 'punch line':

I thought that is what we were discussing?

It would appear:

Only if we want to go into the oil drilling business...


[edit]


Probably not the correct path for JBI, Inc. ~IMO

From the Chief:

John Bordynuik

Either stream is very easy to capture because all of the sites we have spoken to (yes, including Waste Management) pays $38 to $70/ton tip fee to get rid of their plastic. They all attempt to recycle PET plastic when the commodity price is high. There is money in collecting and recycling PET plastic.. that's it. If it contaminated then they get nothing or much less. All other plastic is sent to landfill (with the exception of HDPE sometimes). I want all the plastic they pay to dispose of. The industrial waste stream is low hanging fruit because companies are always looking to save money and by reducing their tip fees. Industrial sources do offer a better plastic because it doesn't smell so bad (might sound funny but we have much plastic with food waste we've tested and rotten milk in powdered form smells awful). We are running unwashed mixed plastic anyway and industrial waste results in slightly less residue because I don't have rotten baked food left in the reactor.
April 20 at 5:23pm

The problem is composite plastic and plastics that cannot be sorted by machine or a person. As well, plastics are mismarked at times. If HDPE and PP in the same plastic it cannot and is not recycled at this time. As well, from the recyclers I spoke to if a load is HDPE and it is contaminated with some PET they just landfill it. Many products use multiple plastics for various reasons: 1 plastic for lid, one for handle, another for the container, etc.. These plastics cannot be recycled. These problems further complicate the recycling process. Colours are another headache. Some facilities sort PET by colour. With all these problems it is not possible to sort them all 100% except for PET (bottles). HDPE is somewhat sorted by size and some other technology that that is not done to often. Plastic that is generally recycled is plastic left over from product runs when the plastic type and consistency is known. That appears to be most of it.
April 20 at 6:47pm

We can recycle the plastics that are currently not recycled. I have a lot of stats from Waste Management, some municipalities, and many recyclers in the US who we have discussed our P2O with. Are you asking me what the percentage of plastic is for type 4 through 7?
April 20 at 9:20pm

You are correct my friend - on all accounts!

Many of us will continue to "add more"; likewise, many will "reenter" at these levels, and both accounts are indeed a "no brainer" !

Ya got it yet?

"GL and lets figure out a strategy!"

I must have missed those postings. Can you please repost the ones that were so important now? TIA!

"...I have discussed my ammendments to his file and I have posted them here."

A very "wise" point. We are all pleased that you have come to the same realization that many of us have already realized! GLTY

"Point is, P2O is *it*."

Must not be any from the few...

"Any questions?"

How has that worked out for ya?

What happened?

We seem to be up to our necks in it now...

...gotta' wonder if they are all buying?

Nice site! Thanks for the share!

Post a pic! Sorry, I don't do sigs :)

Welcome to The Classics board!

An innovative mini refresher:



Innovation. Overview.

JBI is currently formulating and executing a business plan that applies advances in technology to previously unviable engineering applications. JBI will continue to acquire profitable, growth-oriented companies that facilitate execution of the company's goals.

JBI was founded on the premise that innovation does not have to mean creating something out of nothing. For example, we believe that mining valuable information from stockpiles of decades-old tapes, that were previously determined to be useless, is innovation in its purest form. We recover what has been abandoned to generate innovation by injecting new intelligence into those existing products and processes.

Efficient Conversion of Plastic to Oil.

The conversion of plastic to oil is not a recent process. Currently, several plastic-to-oil processes are operational globally. These facilities employ a variety of technologies and yield varying purities of output. The commonality of the existing processes is that they do not provide a solution that is cost effective, high volume or can readily be expanded for multi-site or global applications. The JBI Plastic2Oil (P2O) model requires a minimal capital investment, yields optimum-quality output (ASTM certified), requires negligible external energy to operate and occupies a footprint of only 500 square feet (46 square meters).

Digitization of Magnetic Tape Data.

Beginning in the early 1950s, magnetic tapes became a primary media for data storage. Due to cost effectiveness, magnetic tape was widely used by government, scientific, educational and commercial entities for decades. Historically these tapes are vulnerable to deterioration when exposed to natural elements which can render the tapes unreadable. Mr. Bordynuik developed a process to recover all data on magnetic tapes regardless of their condition . The recovered data can be verified as 100% accurate and returned to clients in the storage format option of their choice. The Bordynuik recovery process provides institutions the ability to conveniently catalog and safely archive previously non-retrievable data to various readily accessible proven storage media.

Earth Friendly Cleaning Solutions.

The average bottle of liquid cleaning solution is composed of a plastic bottle filled with pre-mixed cleaner, of which approximately 98% is water. The cost to formulate, package, ship and store each bottle far outweighs the cost of the actual cleaning agent. JBI's PAK-ITs minimizes the cost of cleaning solutions as well as their environmental impact by packaging concentrated cleaning agents in water soluble liquid packets. The patented PAK-IT sachets allow customers to purchase only the value-added components of the cleaning products.

Moving Ideas Instead of People.

As a telecommunications provider, JAVACO helps its customers minimize their impact on the environment by providing solutions that allow them to move information and ideas rather than goods and people. JAVACO also provides the in-house expertise that will allow JBI to establish its own secure global communication network, as well as the wireless components that will protect JBI's proprietary P2O catalyst.

http://www.jbiglobal.com/innovation.aspx

Any questions?

They do bring back some memories not thought about in a long time.

Indeed it is a 'classic' American heritage! May God bless our troops and their families!

Nice collection of classics! Thanks for the postings!

This was the beginning of IsleChem:

Friday, May 3, 2002

With OxyChem set to close tech center, IsleChem was born
Business First of Buffalo - by Tom Hartley Business First

Type of business: Contract chemical research and development, analysis, and manufacturing.

Who's who: Dr. Charles Rader, Dale Kunze and Edward Rowe are equal partners. Rader is chief executive officer of the company, Kunze is vice president of operations, and Rowe is vice president-commercial director of marketing, sales and tech services.

Clients/customers: Customers are mid- and large-size chemical companies, including Occidental Chemical Corp., which formerly owned the business.

Company history: Prior to last Nov. 30, IsleChem's founders were employed at Occidental's Grand Island technology center, now home of IsleChem.

Rader was a senior vice president in research and development, Kunze was technical director and Rowe was director of commercial development.

When OxyChem targeted the tech center for closing in a cost-cutting move, the three proposed keeping the business going by forming a new company and buying the building along with the expensive analytical and testing equipment.

At its peak, the tech center had 275 employees, but the number was only about 40 in 2001. The new company has 20 employees, all but one formerly with OxyChem.

IsleChem, which officially began operations last December, bought the 88,000-square-foot building and land for $375,000. The full value of the deal was undisclosed, but Rowe said the cost of replacing everything would exceed $30 million. This takes in the equipment in the approximately 20 fully-equipped laboratories, including seven that IsleChem uses, a pilot facility and the manufacturing area.

In addition to IsleChem, which uses about 25,000 square feet of space, the technology center houses three tenants: Durez Corp., which occupies about 11,000 square feet, and Process Technology Optimization Inc. and Programmable Life Inc., both of which use less space.

"We expect more tenants by July, which would mean that 40 percent of the building is occupied. Our target is to have 100 employees on this site by the end of the year," Rader said.

IsleChem's scope of work includes contract research and development, analytical services, sales and marketing in the United States for foreign companies, manufacturing of small-scale chemicals and scale-up work on ideas that start in a lab. "Some of what we do in R&D may end up in manufacturing eventually," Rowe says.

Revenues: Projected to reach $3 million by the end of this year, they are seen ranging upwards of $10 million by 2006.

What's ahead: The company expects to hire more employees this year and will double in size to 40 employees in two years. Kunze says employment could reach 50 by 2006, but there is no plan to be a large company with hundreds of employees on a scale of the tech center when OxyChem operated it.

Company strengths: "Our experienced people are our greatest strength," Rader says. "The average salary of our staff is $65,000 and that says something about our academic training."

Fifty percent of the employees in the knowledge-based organization have PHds in chemistry or chemical engineering.

The average experience is more than 20 years.

Down the road: In June, IsleChem and the University at Buffalo will launch a joint summer program.

The company will provide facilities, mentors and a stipend for students in UB's graduate chemical engineering program.

Initially, two students will be involved, but Rader envisions as many as 10 in a few years if the program is successful. They will work on real-world industrial problems submitted by IsleChem customers to earn six credit hours toward a masters degree.

"One of our overall goals in investing in this is to help keep a skilled work force in Western New York," Rader said.

The mission: Of several major key core areas, the two biggest are contract R&D and contract manufacturing.

Of the two, the manufacturing portion of the business is being developed to a higher level so it more evenly balances with R&D.

"Contract manufacturing is likely to be one of the most important aspects of our business," Kunze says.

The challenge: "We are going down a couple of avenues aggressively," Rader said. "One is we are launching our own line of chemicals which will be small-volume, high-value that we will market and sell.

"Secondly, we need to fully utilize the assets we have available for analytical work on site and expand our analytical services businesses," he said.

http://www.bizjournals.com/buffalo/stories/2002/05/06/smallb1.html

Wise move. I am awaiting funds to clear that will enable me to pick up another 10k as well.


I'm a believer in this company. I'm continuing to buy.

Unfortunate for a few here, but fortunate for most - ihub posters comprise a very small minority of the JBI, Inc. shareholder base. A poster could probably reach more shareholders by taking out a full-size advertisement in a Canadian media print.

[edit]

BTW, both methods will have the same resultant - wasted energy on the part of the few.

My thoughts exactly sir!

Not to mention that it helps to keep all the parts greased for the long, hard winter! :)

I suspect that this guy could have accomplished it in less than 60 minutes: