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CMF continuing to rise here. BULLISH
FFGO will dilute the crap out of this (like they currently are) and then do a 1 for 1,000,000,000 R/S, then sell the remaining 100 or so shares at .003
IMO
Didn't see that originally, great find tech!
"our system design is highly simplified which makes documentation, operations, and permitting detail simpler."
John Bordynuik: Must Read "Will permits and licences be ready to go when P2O is?" For the state of NY, yes. For other states we will seek the assistance of URS. Our FL P2O management team has used URS many times in the past for permitting for their projects. "If they are not will this be a major road block for P2O roll out?" I don't see it as a major road block. We have 3 thinks going for us: 1) The process does not pollute. 2) We are not handling hazardous waste material (medical waste is a different category) 3) Our residue can go in landfill 4) Our system is close-looped (as you will see at the AGM) so we have no wste water and 5) our emissions do not pollute*** "Is each State different?" Yes. That is the reason for URS. "With proper filtering in place will permits even be necessary?" I believe what will shock the hell out of you at the AGM is that our 20 ton processor does NOT have or require a scrubber on its stack No filters. I do want to point out this is for processing unwashed non-hazardous mixed plastic waste. Medical waste is a totally different situation and we would need filters.
Great read
Great thinking scion, maybe contact John about the possibilities of an air division?
lol
This should close green here.
Great post steve!
"please help me decide what to do with my investment
thanks"
I don't believe you own shares of this great company lillian...
Posted March 9th:
"that appears to be one of the most significant red flags one could have, and is one reason why i cant purchase the shares"
Do you own shares of this company, yes or no?
Latest CEO Interview
http://chartpoppers.com/iReports/
ACQUISITIONS
Fuel blending & distribution site with a $300 million capacity
http://finance.yahoo.com/news/JBI-Inc-Acquires-Large-pz-416916477.html?x=0&.v=1
New York Processing Facility to serve as a company owned P2O site
http://finance.yahoo.com/news/JBI-Inc-Acquires-New-York-pz-2604180689.html?x=0&.v=1
JBI Inc. Executes Letter of Intent to Acquire U.S. Air Filtration Company
http://finance.yahoo.com/news/JBI-Inc-Executes-Letter-of-pz-3617226092.html?x=0&.v=1
P20 LICENSES
Contract for 45 sites in Florida:
http://finance.yahoo.com/news/JBI-Inc-Executes-Area-pz-2488167028.html?x=0&.v=1
P2O reservation deposit for Tampa, Florida:
http://finance.yahoo.com/news/AS-PTO-LLC-Accepts-pz-1206567454.html?x=0&.v=1
P2O reservation deposit for Clearwater, Florida:
http://finance.yahoo.com/news/AS-PTO-LLC-Enters-Into-pz-1883257357.html?x=0&.v=1
P2O reservation deposit for Cleveland, Ohio ara:
http://finance.yahoo.com/news/Ohio-P2O-LLC-Submits-a-pz-2239196307.html?x=0&.v=1
Nine Other States being evaluated in addition to Florida plus taking applications for more:
"JBI is also evaluating candidates for areas of Virginia, Washington, DC, Ohio, California, Arizona, Oregon, Georgia and Wisconsin"
http://finance.yahoo.com/news/JBI-Inc-Begins-Taking-pz-4196081035.html?x=0&.v=1
P20 Ships For Global Expansion:
http://finance.yahoo.com/news/JBI-Incs-P20-Marine-Inc-Rick-pz-1364554894.html?x=0
1.4 B shares were not shorted today. Over 1.4 B shares were sold by the company in my opinion.
Great due diligence there Zardiw!
JBII is going as fast as possible to commercialize the plastic2oil, great post stu.
Haha I've got a veerrry good feeling reading that from John!!!!
it's a done deal.
I cannot wait until the shareholders meeting!
It's only the beginning of April guys! We basically have a whole month!
Everyone should listen to the interview. John discusses the P2O "homerun" near the end of the interview.
Link to CEO interview:
INTERVIEW
Scroll down and click on the play button to listen to the interview.
Even close on the ask now $4.73
Great volume pickup today, its what we need to see to break the downtrend.
JBII: Complete DD:
JBII is talking with (United Research Services ( URS: http://www.urscorp.com/ ), a Fortune 500 company, to further validate the Plastic to Oil concept.
First plastic to oil machine to be revealed by shareholders meeting on April 24.
NASDAQ uplisting can happen at any time.
CEO John Bordynuik was able to speak about Plastic to Oil at the African Petroleum Producers Association (APPA) conference on March 26, 2010. He addressed over 400 representatives from a number of countries including USA, Japan, UK, UAE, China, France, etc.
For those interested, we have deeper DD here:
Executive Summary and Hot Posts:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45861284
Company: http://JBIGlobal.com
1. Sole Sourced by NASA http://www.johnbordynuik.com/case-studies/nasa
2. Impeccable reputation of John Bordynuik, CEO. http://www.johnbordynuik.com/about/team
3. Has been invited by a managing director of NASDAQ (Jordan Saxe) to uplist to the NASDAQ Exchange.
4. Has filed applications with both NASDAQ and AMEX, and wired the application fees. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46020473
5. Company is fully reporting with SEC Filings. http://knobias.10kwizard.com/files.php?sym=JBII
6. Company is Debt Free. http://www.globenewswire.com/news.html?d=180607
7. OS recently reduced by 20% to 50,102,200. http://www.jbiglobal.com/news/2009-press-releases/20091208-jbi-ceo-reduces-outstanding-shares-by-12-million.aspx
8. CEO has returned 75% (30M) of his private shares to the company treasury.
9. Company just launched professional new website ( http://JBIGlobal.com )
10. Company's subsidiaries are structured to support each other.
11. Management highly qualified and diversified as to their talents. http://www.jbiglobal.com/our-company.aspx
12. Company products and services are Ecologically Green.
13. Company makes every effort to keep shareholders informed
14. CEO informs shareholders on FaceBook on non material developments.
15. 100% Follow through on statements made by the company.
16. Owns largest Engineering Knowledge archive in the world.
17. Has been issued patents on Pak-It concept, and a Dirty bomb detector. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41349399&txt2find=patent
18. Company owns roughly $10M worth of media credits
19. Authorized shares increased to 150M (Pro/Con, since these are needed for future acquisitions). http://www.pinksheets.com/pink/quote/quote.jsp?symbol=jbii#getQuote
20. Company is under total control by CEO. (Not sure if that is a pro or con, so I put it on both sides).
21. Transfer Agent is UnGagged. info@pacificstocktransfer.com
22. Uses Value Based Management business model.
23. Board of Directors appointed. BOD consists mainly of very qualified shareholders.
24. Acquired Fuel Blending and Distribution site that previously had $230,000,000 annual revenues: http://finance.yahoo.com/news/JBI-Inc-Acquires-Large-pz-416916477.html?x=0&.v=1
25. Michael Kaplanis hired as Vice-President, Mergers & Acquisitions and Strategy: http://finance.yahoo.com/news/UPDATING-and-REPLACING-JBI-pz-3685863318.html?x=0&.v=1
CEO:
JB1. Has spent his life working with electronics, robotics, artificial intelligence, computer hardware and software. http://www.johnbordynuik.com/BusinessNiagaraMagazine.pdf
JB2. Nicknamed 'Honest John' by various media.
JB3. Took courses at Harvard in business management/running public company.
JB4. Worked at the Ontario Legislature for 10 years.
JB5. Issued a patent for a dirty bomb detector that fits in a key fob.
JB6. Salary = $1/year
JB7. Nothing derogatory has been found in DD'ing the CEO.
JB8 Provided unique services to Paul Allen of Microsoft.
JB9. Has an IQ of 170.
JB10. Built specialized tape drives, and developed software to read legacy computer tapes.
JB11. To be guest speaker at African Petroleum Producers Association, (Represents over 100 Billion barrels of oil): http://finance.yahoo.com/news/JBI-Inc-CEO-Will-be-a-Guest-pz-3294028247.html?x=0&.v=1
Plastic to Oil: http://Plastic2Oil.com
P2O0. If only 20% of all the waste plastic dumped into landfills in the US were converted to fuel and sold it would result in revenues of $4.2B/year.
P2O1. Plastic to Oil concept has been proven by other companies to work on a large scale.
P2O2. Plastic to Oil Catalyst is proprietary intellectual property of the company. (Patent Pending).
P2O3. Prototype testing shows that with the proprietary catalyst, production is increased by a factor of 16.
P2O4. IsleChem (State Certified Lab) revealed to be independent validation company and contributor to company Plastic to Oil Technology: http://finance.yahoo.com/news/JBI-Inc-IsleChem-pz-1168652688.html?x=0&.v=1
P2O5. Area Development Agreement for 45 Plastic to Oil sites in Florida consummated.
P2O6. First P20 franchisee is an ex VP of a multi-billion dollar NYSE company that got bought out.
P2O7. Implementation cost of Plastic to Oil much lower than competition.
P2O8. P2O Marine Inc. subsidiary founded, and contract with Heddle Marine signed: http://finance.yahoo.com/news/JBI-Incs-P20-Marine-Inc-Rick-pz-1364554894.html?x=0
P2O9. No competition in the ocean going Plastic to Oil tanker arena.
P2O10. 45 JV Site Company in Florida expands into Clearwater, and Tampa.
P2O11. Plastic to Oil Expands into Cleveland/Columbus, Ohio region: http://finance.yahoo.com/news/Ohio-P2O-LLC-Submits-a-pz-2239196307.html?x=0&.v=1
P2O12. Seasoned Sea Captain hired for Plastic to Oil ship expansion: http://finance.yahoo.com/news/JBI-Inc-Hires-Experienced-pz-3900158860.html?x=0&.v=1
P2O13. Processing facility for Plastic to Oil, located in New York purchased: http://finance.yahoo.com/news/JBI-Inc-Acquires-New-York-pz-2604180689.html?x=0&.v=1
Pak-It: http://PakIt.com/
PI1. Pak-It products used inhouse in all Home Depot, Sears, Staples, Regis Salons, and Michaels stores
PI2: Products: Pak-It - Fully validated by Home Depot, Staples, etc as to high quality.
PI3. Pak-It products have been tested by IHub shareholders and found to be exceptional.
PI4. Retail marketing plan in place for Pak-It rollout via Western Creative. http://www.jbiglobal.com/news/2010-press-releases/20100112-jbi-selects-western-creative.aspx
PI5. Expansion into Canada is underway.
PI6. Production automation is underway.
PI7. New production facility planned. To be built in New Jersey.
PI8. 4 Seasoned sales reps hired for Pak-It Canada launch: http://finance.yahoo.com/news/JBI-Inc-Hires-Four-Seasoned-pz-4011247930.html?x=0&.v=1
Legacy Tape Reading: http://www.johnbordynuik.com
L1. Company is currently reading thousands of tapes for NASA using specialized tape drives and software.
L2. Products: Tape reading - Fully validated by NASA.
L3. Company can read legacy tapes at 100% accuracy
L4. Company has no credible competition in legacy tape reading.
L5. Huge market exists in reading Seismic Tapes for major oil companies.
Javaco: http://www.JavaCoInc.com
J1.. Javaco is a company built from the ground up by a CEO (Judy Vasquez) who has extensive connections in Mexico and South America.
J2. Javaco listed #3,697 in top 5,000 fastest growing companies of 2007: http://www.inc.com/inc5000/2007/company-profile.html?id=200736970
J3. Javaco, Inc. 2007 revenues were $5.996 Million with net income of $229,000, which was a 33.95% increase in revenue and 207% increase in net income from 2006, when revenues were $4.476 Million with net income of $74,500.
J4. Javaco debt: the Company also paid off the debt and founder green and gold eester egh loans of its subsidiary Javaco, Inc., in an amount totaling $397,644.44 from the proceeds of the Private Offering.
J5. JAVACO, Inc. currently distributes over 100 lines of equipment from fiber optic transmitters to RF connectors. To further enhance business in the United States, new distribution lines are frequently being added including a line of home theater and audio video products.
Javaco will assist in establishing plastic to oil sites in Mexico and Latin America using its established business connections and knowledge in those areas. Javaco has access to high quality plastics generally discarded by cable television and telephone companies.
Earnings/Price Matrix:
Excel Spreadsheets:
http://lighthousenova.com/0JBIIPriceMatrix.xls
http://lighthousenova.com/0JBIIPriceMatrix2.xls
Share value on closing April 30 2010?
For April 30th 2010 I will guess $7.40
John Bordynuik commented,
"I am looking forward to updating our shareholders on our progress, introducing some key officers, directors, employees, and demonstrating a large operating, continuous-feed P2O processor."
Definitely send a message to John about that! I'm sure those landfills have tons of plastic waste ready to be converted.
Great volume and green today.
John Bordynuik from FB:
Happy Easter everyone. I am looking forward to a productive week. Our FL P2O team is flying up this week to explore manufacturing options and much more.
"If I tell you at 11pm that the sun is going to rise, do you say at 2am that the promise of the sun has been "swept under the table and forgotten" ?"
Raw, you're cracking me up here lol
Green, duh. ;)
"The margins are to low and the overhead is too high, especially if you build the factories in the U.S."
What exactly are those margins and from what experience do you draw your knowledge of this subject from?
Thank you and have a great day
FORWARD SPLITS ARE GOING TO BE NICE!
Be sure to take a bunch of pictures and then post them!
John has already said that he would wait until $18 a share for any sort of placements like those. I wanna say its on Facebook, but I may be wrong.
Yes sir!
Yes, quite easy to do private placements with a few institutions ;)
Won't be a problem with Plastic2Oil coming.
CONTRACT!
$100
MUST READ: Post from JB Everyone read this
JB of FB
Halen Weldon
John, does P2O work in a manner conducive to business profits?
8 minutes ago
John Bordynuik
Halen: Yes. I wouldn't waste your time or mine otherwise. If it isn't profitable then I and our management team get nothing. It's key for everyone that it is and I would not have invested in it if it wasn't. I find it more and more challenging to spend a moment on anything else that is NOT P2O.
2 minutes ago