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What would you consider a good revenue number in the upcoming Q?
How much money did JBI lose in March 2012? That information is not available to the shareholders yet. However, if you have inside info please share.
How much money is JBI going to lose in September 2012? I suspect it might actually make money that month.
Let's just wait for the numbers to be released.
Liked your idea on measurements earlier. The long hydrocarbon chains in the reactor are cracked into smaller chains and condensed into fuel.
Some people understand the firkin amount produced and others do not.
The role of the SEC is not to kill promising startup companies.
My opinion is that JBI has had a lot of interference run by "persons unknown". It seems ridiculous that a startup company that turns waste plastic into fuel has this to deal with as well.
JBI will be a job producer and a large tax payer. They do need some money in order to manufacture several processors in the beginning so a PIPE is possible. However, it is ridiculous to assume that the trading of the last while or for that matter EVER has anything to do with the "inside". The assault of JBII the stock IMO was a huge mistake and measures are constantly being taken to limit the damage of that mistake.
I think you are correct. May I add that when you are really strong you want to appear weak. If these are naked shorts you want the shorter to believe that you can be broken. That way you are fed more shares for a better price.
I think someone is loading here big time, and the person/ entity loading is really in charge. I think those that want to see JBI fail are in for some real pain shortly.
Yes, I think serious cash flow is on its way in Q2 as well. Thanks for the reminder.
Roughly Two dry vans in for every tank out. Unless it is not an articulated truck. Then it's one to one ratio. If you use b- trains that could be up to 3 dry vans in for a set of b trains out. However, I do not know the capacity for b- trains.
The 500K in revenue that posters came up with was by using a calculator and the available public information provided. I think that figure is closer to the high end and if it hits 500K is revenue for Q1 I will be more than happy.
What for? The photos of JBI clearly show "dry vans" which is meant by "truckload". Shredded plastic can be hauled to the factory at the rate of 42000-44500 pounds at a time. Soon we will need 6 "dry vans" per day of shredded plastic in order to feed the beasts.
How is this relevant to JBI? I'm still waiting on an answer...anyone?
A max truckload is just under 20 tons of plastic, that can be converted into 4600 gallons of fuel.
The talk of scam or fraud regarding JBI has only one purpose. That is to drive away investors.
The SEC does not put companies out of business. The thought of JBI being a scam with the mountainous information regarding the P2O system and products, truly is laughable.
I know it's hard for some to believe, but JBI has a unique catalyst and a very efficient machine. This combination is what sets JBI apart from any competition currently and will force companies like this to play catch up or go out of business.
Waste management and agixsucks make a great team. For those who know the background of WM, actually a perfect team. Hey, Yo, we from a big family in Jeersey.
I'm ready for three machines converting 4000lbs of waste plastic per hour into spec fuels. By my calculation, that will make the company cash flow positive. Tic Tok.
Whales do not invest in the OTC as a rule...I agree. However, that may not be the case here.
My assertion is a big buyer wants shares of JBII. The "persons unknown" who seems to want JBI to fail, it seems, have been working the stock down looking for shareholders to sell out of panic. This big buyer has been putting up little resistance but has been collecting as many shares that have been offered. (making them work to bring the price down)
As you can see it did not take much to move the stock from 1.05 to 1.15. It is hard for a big buyer to load shares in a stock like JBII without sending it much, much higher. The rally last year could have been a big buyer starting a new position.
If a whale is here, they tend to have whale friends. Look for JBII to be range bound until the company is ready to show significant fuel sales and profitability. When that happens look out. Own what you are comfortable with and hold for the next two years.
Book value? We are talking about a machine that turns waste plastic into spec fuels. Think that might be worth something.
You must be including research and development of the current machines. Guess what the blueprints are complete and JBI is in the roll out phase. Second processor came online feb 27 2012. The third might be operational may 15ish 2012.
Even if JBI produces fuel for 20 dollars a barrel the profit margin is simply huge. Looking forward to analyzing the next multiple quarter's production numbers.
I think Bay Street is starting to recognize this company and if we can get off the OTC, we might see big bucks enter this stock.
I guess the SEC has a problem with media credits? The media credit issue alone should kill this company and have a director ban on the BOD. Like the complaint stated JB is likely to enjoin again if not disgorged and banned.
Investors are interested in this company because of the massive potential. If everything is as advertised about the P2O machines this is a multi billion dollar company with 2 years. We will know how the machines work shortly with the amount of fuel sales reported.
I have contacted all three and feel every shareholder should get real vocal and shine a light on " persons unknown".
You think there is something here for whistleblowers to get excited about? Possible illegal activity? Maybe even an organized criminal approach? Why should shareholders contact the OSC and SEC...OIG?
When profit from the P2O process hits the bottom line that will be the turning point. At that point everyone will be forced to reconcile with the truth that JBI has the goods.
IMO these well designed machines that convert waste plastic into usable spec fuel are worth a fortune. 75 Million market cap is a joke.
Can someone get me up to speed. Sandra Easley (sp) posted the cover letter of her OSC summons online? Why?
Speculation then. A well notice was speculated about and talked about on many SMB before it was received. What is the speculation about regarding the OSC investigating JBI?
Regarding leaks, the wells notice was talked about months before JBI received one. There was a deleted message on Ihub Christmas day that pretty much outlined the events of Jan 4th.
I believe that if the OSC is investigating JBI it is for uplisting to the tsx or tsx-v.
I really do not think the OSC is investigating JBI.
Are you suggesting the OSC is interested in JBI? If so, what do you think is of interest to them?
How would someone find information regarding the OSC's interest in JBI? I have called them and no information was passed along to me that would lead me to believe that the OSC has any interest in JBI.
Again there is no public information regarding an interest from the OSC with JBI.
I'm not even sure the OSC gig pertains to JBI.
Just want to chime in with a total agreement to this as well. Just agreein'
First trade of the day. A whopping 1000 shares. Almost 30 mins into trading
Are you referring to "persons unknown"? Who else do you think is giving away shares?
For those who have not figured it out yet. There seems to be a major buyer here. They are unbelievably disciplined and like to give the appearance that they are not watching. Whoever it is I'm sure they appreciated all the shares they added today.
Looks like a round trip today. What's it like giving away maybe 200000 shares? This company is going to be a profit generating machine.
How do you know?
Wow. Does anybody have a link for this? My initial reaction is listing in Canada is on its way. I would even be really happy with a venture exchange listing. At least the venture is truly an electronic exchange that does not use "market making".
A listing on the TSX will bring awareness to a large group of investors, some with very deep pockets. It looks like the OSC is doing their DD on what the real story is here.