"project a large position"? you mean buy?

'cause there is nothing fishy going on with the trading, that is why... halt will just delay things anyway, would be bad for the stock... people will sell off more if they think it is being manipulated, usually manipulation is UP, not DOWN.

as a more positive poster.. do you want a halt or something? why....

his wording reveals exactly why he cannot sell the fuel. the fuel was obtained from a process that just MAY be harmful to the environment. Only reason why I would say that is that it would NOT have passed the stack test. Hence selling it would be contrary to the very purpose of the DEC, thereby harming the relationship, exactly as he says. There would be no justification for selling it, and there would be inducement (profit motive) to do more than the minimum required runs for testing purposes to get the stack test done.

completely different from the question of what regulations may apply to the composition of the fuel itself for resale to refineries, a question that i have never seen answered fully. That question exists for refinery sales as well as other channels via the blending facility.

Bordyniuk has maintained that he can sell to refineries, so it would be BAD if he did not. But, one plausible reason is that there is some regulation that applies. Once again, he should have known, but he didn't.. and on and on..

The blending facility would give him a means to offer a saleable final product.. in case for some reason he can't sell to refineries.

but that is pure speculation on my part. It is unimaginable that he would not sell the fuel immediately to a refinery... however... given the way things have gone... just being devil's advocate here... looking for plausible outcomes.

Tech, you should ask. i suspect that the reason for the silence would be that this would be very material information.

P/M?

clock is running down to... *what*? exactly... *

interestin g post 4kids... i have no diea whether or not what you are implying is possible. i thought you were going to say it was the other way, driving the price up... it could conceivably go either way..,.

in at .01 with another order at .008. Not a bad way to get in..this should be a nice one to play the ups and downs..

a company has to learn to walk before it can run...jbii way overpromised.

Absorption = the % of the float that has been traded?

actually, volume has been pretty good the last couple of days... more like a normal stock.

near zero-base? I would have thought that the majority of the restricted shares were at the .80 level, making selling below this kind of pointless... if they bought in to the concept they would likely give it a chance...

good to see this one recoivering. their last reports (not these recent ones) were not half bad either. io noticed things getting better...

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49507300

so Tina, did you get your dollar for JBII? I think you had better give it up. Chart has that "edge of the Grand Canyon" look again... i almost fell in once...

anyway... did you put a Stop Loss Order in at around .90?

oh sorry, they don't allow that type of Order on the Pink Sheets...

I like the liquidity of the stock the last few daays... much better..

that more positive view could be correct.

well perhaps that more positive view is correct. however, if he needs to control things if they start to change, well that is what a control system does.. investors want to see something that is com[plete, ready for rolllout... foolproof..

well maybe you are right. ti does not bode well for investors though. investors want to see something that is reliable and works every time. ready for rollout.

no it is not.... it has what it needs and meets all the regulations.

which reminds me, i don't even know what regulations or standards JBI has to meet.

he said he has more than he needs... it means he does not understand. of course i don't know his control system... i can't really tell you any details... just interpreting his statement..

upo to you to think that, i am sure anyone with a process controls backgrouind would agree with me. anyone that has worked in a plant for that matter.

don't you think that is a little unrealistic? If I were him i am sure I would have used a bit better choice of words..more instrumentation is not better, it means he does not know what he neeeds and what he does not need... let's not discuss this for 2 weeks, my point was simple.. he is trying to figure it out.. if I were an investor i would be looking to hear that it was running well.. process understood complete, control system working perfectly.

how can he sell it if he does not understand it himself? he has to at least be bale to price it..

it is just common sense there big kahoona!!!!

he has a temporary permit to conduct testing, not to operate his business. It would be a breach of faith.

secondly, how can the product be trusted if it comes from a proces that is not fully tested?

lastly, WHY? how much money can there be in that? he can't have producced that much fuel? and he would have to set up all his accounting systems and logistics.. and.. why?

in the CC JB said that he had a plethora of instrumentation all over the place on the prototype... means he does not quite know how to control the process..

well, there are two scenarios with anything in between being possible...

one, they are on top of things, have things well in hand... and this thing will roll out to FLorida and elsewhere like clockwork...

two. THey have not got a clue. They built that prototype in secret to avoid necessary construction permitting. THey get cfaught and have to teaar it down and rebuild it again. THey were supposed to use union labor and did not. THeir construction cost doubles.

somehwat joking...

seriously, consider these points:

-JB is an IT guy. Project Management is not a big deal in IT.
- he may hae an IQ of 170, but everybody screws it up the first time. (Very true in investing... ). He may enjoy working in areas that are new to him and may have an innate ability to pick thing sup, but will still screw it up royally..

*thanks*..

more than that, it was noted in the conference call that the necessity to add this off-gas buffering system was taking the plant in the direction of the multi-million dollar plant that JB was trying to avoid.

I think I remember that JB once mentioned that he wants to fill that initial NY location with plant. This would make sense initially to maximize revenue. Also, that is the kind of configuration that would make the most use of his off-gas system.

There will be an abundance of off-gas period...,. more than is needed to run the system. It is more efficient to have more processors, to minimize the investment in the off-gas system.

THis is fine initially to maximize revenues, but JB has to package it in such a way that it can be marketed and constructed by his JV partners... in order to hit the big time..

ie.. "Commercializing the technology".. using an MBA phrase...

initially, he just has to get it working..

yes that is nonsense... this plant is:

- an Equipment List of the major items
- A Bill of Materials of all the items
- a set of drawings
- a method of procuring the items and suppliers ready to supply the items
- an estimate of construction time and effort

I have said before the plant is 1-2M.

judging from similar plants i have worked on:

Equipoment 500K
other stuff 200K
construction 250 - 500K
Project management and other hourly stuff 200K


JV partner is a businessman. once he understands the business case, he just hires a mechanical/ Electrical contractor to build it... they take the plans and build it, then test it and start it up. that is it.

i could not have said it better. boo-yah zardiw,.

how do you know they are "working away at duplication and what does that mean"?

sorry... you said you were guessing... see my last post on how rollout to JVs would work.

zardiw is correct. JB explained it well in the CC.

what kills me is that JB's reason for hiring Withum (as he stated on the call) was that he realized that the financials were nto good enough for the NASDAQ. To my knowledge the only real problem was the media credits. It is not like their was a gross error... depends what you call gross..

in the act of doing this... he became delinquent and the stock took a hit, which resulted int hem becoming ineligible for the NASDAQ... thus foiling his objective...

it is hard to say and the current timeline does not give us a good idea. Reason is that they are spending an uncharacteristic amount of time on the first one. THey are tweaking it and trying to figure out how to perfect it. I remember they said that they have more instrumentation than they need on the CC.
c
Once they get it perfected and the stack test is omplete, here is how I would go about rolling it out:

- document the final configuration including the hardware and piping, and required instrumentation. Result would be a set of drawings of various types.
- prepare a Bill of Materials listing everything that would be required for a P2O plant. This would lead to a more reasonable estimate, which would include cost for construction, and any engineering or fabrication.
- classify the items as to type (off the shelf or custom), and figure out how they would get them. ie. some would be long-lead items that may require some engineering and some would be things you just buy, but would still require a lead time. SOme would be totally off-the shelf.
- figure out who shold be respoonsible for what. SOme items could be purchased by a JV partner on-site. Others should be delivered by JBI to the JV partmer. Another reason for this, besides constructability, is protection of proprietary technology.
- build up lists of suppliers for the items. they may havve to have standards that these suppliers have to meet.
- put all that together in the form of a "package" for the construction of a P2O plant. That would go to a successful JBV partner of franchisee. THe package would also include a plan for implementation. There may be several configurations.

Currently they are still tweaking the process. I would think that once they get it working to their satisfaction, they will focus on generating revenue, but just with the one unit. It would be unwise to proceed to market withouit packaging this in some way that can be duplicated easily.

The above would take a couple of months. But then rollout could start fairly quicikly...

Long lead items may take a month... (normally that word "long lead" means much more time, but i just mean something which must be pre-ordered).

put them together... conmstruction of new P2o Plants in 3 months... construction/ commissioning/ startup time... 2 months further... at least..


5 months from permitting...

first location would be a test/ demonstration location... if it were successful it would get the stock rolling.

Your statement:

"supposing all the parts/venders are in one place and the map, ie, one working processor is in place"

implies it is easy and is a bit of a simplification. Vendors are not in ine place, and in the engineering/ construction world, things are built using drawings (the "map). They have created this plant on the fly, now they have to sit down and document what they have done. If the plant is documented well, the suppliers could be in Timbuktu, it would not matter. THe last thing they would want to do is to rush the rollout with inconsistent plants. THey would not be able to control issues that arise and it would be bad for the brand...

If they are smart, they would be doing this now...

the final irony of this company and this board is the most proactive longs that one could conceivable take insight from, are most likely out. I can't understand why they persist, as it damages their reputations and future influence, manipulation ability to remain pumping at this point. Some of their posts from back in February, march now look so ridiculous... how can they continue?

thanks for spelling out, but I think you give them too much credit. every company i have ever seen use the excuse that it it too time-consuming, or expensive, or the like to decide not to report has gone bankrupt or revealed to be a scam.

they create the questions in the first place by their actions.

you are correct. except... i don't remember the bit about using the off-gas to power the process. I do remember that the compression/ storage system made a larger configuration more efficient, one storage system serving a number of processors. He specifically said that this was taking them in the direction of the multi-million dollar plant (that their competition has) that they were trying to avoid.

my impression was that the nasdaq thing was on hold, likely until the PPS gets back up to where it is feasible again..

I have just seen the movie "Inception" and I finally understand JBII!!! It is all a bad dream..

after all, they are only ... ... ... .. PROJECTIONS!!!!!


lol.. ... lol... hehehe hahaha ..


??

i think you are complicating matters somewhat. There is no "battle between bulls and bears". Investors don't have that kind of influence. There are Buyers and Sellers..

I think the two most dominant forces acting on this stock is Speculation (Short-Term) and Buy and Hold investing. At each level some speculation kicks in as they think the stock has reached a bottom. This is counterbalanced by the Buy and Holders deciding to abandon the stock.

What causes a drop is the Speculators giving up, realizing there will be no short term gain, and deploying their capital elsewhere, thus causing an increase in Supply and another dropoff.

The existence of the .80 PIPE will create a level around that price for some time...

only thing to change it is execution on P2O, and result dependent on magnitude of success.

well good luck with it. i find that kind of trading very difficult, especially with JBII. it does not do what you expect. When JB finally does something that investors want, like press releases, etc... the stock goes down..

i think i made a reference to a pinkie some time back in a post. I was actually referring to the "Dr Evil" character in that Mike Myers James Bond spinoff movie. That line "... One Million/ Billion whatever Dollars"...

but your interpretation works.

what would give you the impression that this guy is worried about what is posted on ihub? .. lol...

i know... unless something magical happens this will be a long horrible death... and the more pumping that occurs the longer it will be..