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JBI has provided their numbers plenty of times - you have the numbers for Blest and Agi or other so you can do your own comparison.
What does a proposed ban of #6 fuel in New York City have to do with JBI's # 6 ultra-low emission fuel.
At no time did NY ban JBI's fuel. The title is misleading at best.
"NYC BANS JBI's #6 TOXIC SLUDGE"
I thought not.
Please provide a link where they have said they "have to buy transportation grade fuel to blend with the output og the Niagara Falls Facility".
JBI has to BUY transportation grade fuel to blend with the output of the Niagara Falls faciltiy after it is shipped to the blending facility.
JB gave them back to the treasury when he returned a total of more than 30 MILLION.
Why they buying shares in JBI too?
Again, why is it so hard to believe that a catalyst exists that will returns something to it's original state - in this case Pyrolysis takes the long chain polymer molecules and breaks or cracks them into shorter chains through heat and pressure. Essentially the process is mimicking the natural process of the earth to break down carbon into oil which takes million of years in nature. The pyrolysis process does this with intense heat in a closed system in a short amount of time.
Pyrolysis works in nature but with JBI's catalyst it works better that anyone thought possible in the past.
Stay tuned.
Why is it so had to believe that John found a catalyst in old archives that converts plastic back into it's original state. The difference is that no other company has a catalyst that can do it as well as JB can - that's the truth.
Why is it so had to believe that John found a catalyst in old archives that converts plastic back into it's original state. The difference is that no other company has a catalyst that can do it as well as JB can - that's the truth.
What happened to the shares - they were given right back to the company's treasury along with 31 million other shares.
I expect that JBI will need to have an outside firm come in to verify their numbers to prove once and for all that their numbers are real.
But some of the "others" have been asked to provide expenses they believe make JBI's numbers untrue - we'll see what they come up with to dispute them.
They'll be buying their own shares on the open market once they find out just how revolutionary JBI's technology is.
That is not correct. The numbers you provided are not representative of the costs to run a site. Fill in the blanks provided and add as many expenses (realistic) as you like. You can even use 2 employees per shift (which we know is not the case - in fact, 2 employees per shift might be able to maintain 3-5 processors quite easily).
Pretend you're a JV partner and you want 3 processors. Please provide a list of your costs.
In return he gave back over 31 MILLION shares - that's what it did. Neat trick eh?
Give him a few more months - he'll be more profitable than some banks in America.
You're right - after seeing what JBI is capable of doing they'll all be shareholders and, no doubt, can't wait for the AGM.
Nice of you to finally recognize that the processors work. Please provide any proof you have that they can't do it for $10.00 per bbl. Perhaps you can provide a list of expenses that processors incurs.
cost of processor - ???
cost of building - ???
cost of feedstock - ???
cost of power - ???
cost of labor - ???
cost of insurance - ???
cost of permits - ???
Be sure to include only ongoing expenses (as opposed to one time expenses - although you can include mortgages etc.).
Right - then you'd be really upset with most bank CEO's/Executives in America. They had to be saved from bankruptcy and still received millions.
And not only did John receive a fraction of those salaries he's been known to work 36 hours straight and 12 hour days routinely. Do you think the bankers interrupted their golf games by their blundering mismanagement?
I have 2 word for you
IT WORKS.
Magical Ingredient? Why is it so hard for so many to understand that a formula was discovered to convert plastic back into it's original state? Is that so impossible a task that you have to call it magical?
nice of you to recognize that Mr. Bordynuik is truly a great person.
It's been said many many many times before by numerous pipe investors that the shares were purchased for the technology and not some media credits.
And yes - people will be thanking JB one day for knowing what he had when he discovered the catalyst and, more importantly, knowing what to do with it. Can you imagine if he had sold that to a plastic to energy or an oil and gas company for millions of dollars? You can bet that this technology would never have been seen again - it would have been buried for years.
Shareholders have done their DD. We have bought the stock for a number of reasons some of which are as follows:
- it's a green technology
- it's a technology that can assist in the elimination of plastic waste
- it's a technology that is relatively cheap to build
- it's a technology that creates fuel and reduces dependency on foreign oil
- it's a technology that creates fuel without the need of a refinery
- it's a technology that creates fuel that has ultra low emissions
- it's a technology that creates fuel well below emission standards
- it's a technology that is viable and very profitable
- it's a technology that will create jobs
- it's a technology that will create great wealth for the company and shareholders
Isn't that the total amount processed by the A company in their entire 11 years of operation?
During the first quarter of 2012, the Company successfully brought Processor No. 2 online at its Niagara Falls facility.
The design of the second processor was based on data retrieved while working with the original P2O processor, which had undergone a number of substantial upgrades. The enhancements include a replicable and deployable modular design that leverages economies of scale with our manufacturers, the ability to cater to specific fuel needs of customers and a reduction of stack emissions.
Processor Nos. 1 & 2 are permitted to operate at 4,000 lbs. per hour, however they are currently operating at 2,000 lbs. per hour. The Company expects to operate both processors at 4,000 lbs. per hour, as per the upgraded Air Permit issued by the New York Department of Environmental Conservation, once the Company receives approval on its amended Solid Waste Permit from the NYSDEC.
Moving into Q2 2012, towers and reactors have been fabricated for the third P2O processor and the Company looks forward to bringing Processor No. 3 online in the near future.
Scion - great find. Never saw this before. They've been filling tankers for some time now. This is great.
You comments again Neil it to the Wall ace.
We a religion - what company has patented a process that creates fuel for end users.
That's exactly right. This is the beginning of many media events. Although starting in Canada seems backwards to me - after all that's where most shareholder already reside. I hope 1 day soon more U.S. citizens find out about JBI before the price become to high to invest.
the reminds me of a story on 60 minutes where mike Wallace interviewed the CEO with a similar contract.
this was a great deal for JBI - the neiled it here. That get as much plastic as they can process for the next 10 years.
You neiled it!!!
Those numbers are a shareholder's dream and to think they are just a start-up company just now getting ready to show the world who they are and what they can do. No venture capital involved or giving large portions of the company away.
Amazing!
I don't recall anyone ever saying that there was no cost to processing free plastic - you?
Because shareholders know that the processors are just now beginning to operate at full capacity. Those numbers will be provided to shareholders when they have significant data. That report will not happen in a matter of a few days of full production.
Those who aren't shareholder want the numbers for what?
Why wont JB provide shareholders with production numbers?
I don't recall anyone ever saying that there was no cost to processing free plastic - you?
I also don't see JBI paying 650.00 a ton as some suggested - you?
how much did they pay for the free tanks? Did you even hear anyone say that the cost of processing free plastic was free?
If Pipers/Longs were gullible they would believe those who say that JBI is a scam. If they were to believe that then you can call us complete idiots.
I do know one thing - it sure works.
Why is it so hard for you guys to believe that there was a catalyst discovered a number of years ago and never used (as the price of a barrel of oil was at 10.00 and plastic was not an environmental disaster at the time).
This comes up about once a week here. Is there any reason to believe it couldn't have happened?