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Nice.....hmmmm, what could be happening?
It's common knowledge that they don't have ten's of millions in the bank, if they currently did, it would be due to financing, which they would have to PR. I most certainly would not count them out by a long shot. They have years and years of life ahead of them, just about to turn the page to the next chapter.
I am not stating that I know exactly what their current financial situation is, just saying that you are over estimating their cash burn by a long shot!
Cash burn is much lower than that!
When the time comes, I won't need to tell you......you'll know ;)
Thanks, but I looking for something more along the lines of a level 2.
Can anyone that has level 2 tell us what resistance we have on the way up at this point?
Thanks!
Burn Shorty burn !!
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" Processor number 3 has real-time clean out and continuous operation of 30+ days."
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And that's why so many of these processors will be sold for millions of dollars each!
How about recycling used plastic that would otherwise go to landfills, turn that plastic into fuel and sell it to U S Steel
How about 42 day runs with constant residue removal!
Maybe they are the exact same, I wouldn't know, as I was not privy to the wow wow wow rumors.
Nice buy! Probably the lowest you'll be able to pick any up at. The rumor mill is working overtime. Dot those i's and cross those t's and let's get this thing rock'n and roll'n!
JBI is indeed still a startup company. When I started my business many years ago, more than one person who had done the same before me, told me not to expect to turn a profit for 5 years. I worked my ass off....HARD PHYSICAL LABOUR!!! I didn't take home very much money. I persevered! Now I sit behind a desk making 7 digits. I have a very simple business, nothing compared to what JBI has going on in NF NY. John has persevered. Success is not only just around the corner, but it has already happened......just waiting for the rewards!
As I've said a couple of times before, JBI will not go under due to lack of funding. As long as the technology keeps advancing....as long as processor # 3 does what it is designed to do,the money is there. I have access to tens of millions of investment dollars that would not dilute the share structure.
I'm not the only one that has access to funds. Rick Heddle completes contract repairers for shipping companies, do you know what kind of money is in the shipping business? Remember Aristotle Onassis?......Billionaire before billionaire's were very common (I personally know two billionaire's)
THE MONEY IS NOT AN ISSUE IF THE TECHNOLOGY IS THERE!
Check!
Bid support in at .20 ;)......daily I put new orders in....each and every day :)
Well....I just picked up another 10,000 from them a few minutes ago ;)
My bet is he John is currently banking somewhere between Diddley and squat. He cares a lot more about the success of this technology than about a paycheck.
Each and every one of my 500,000 plus shares now have a sell order in place ( at much higher levels )
I also have daily buy orders in below the bid to support the price, and maybe pick up some more shares.
GLTA longs!
JBI WILL NOT go out of business due to lack of funding!!!!!
Does that really work?, some have stated that it won't help. Anyone is welcome to chime in on this issue.
Not being as educated on the in's and out's of how all trading/shorting works.....I hope that some of the more savvy traders here could explain some things to me please.
If those that want to hurt JBI, or short JBII can borrow as many shares as they want to manipulate the share price....when does it stop? How will the share price meet the criteria to up list, $1 plus for 90 days plus? Does it cost the company a fee to up list?.....how much? Is it legal for someone to borrow my shares? Hypothetically, if longs owned ALL of the shares and didn't sell them, could they still be borrowed to drive the share price down?
I know that I've asked a lot of questions, but I'd very much appreciate any insight/knowledge that you can share with me.....I'm sure that I'm not the only one here that's a little in the dark when it comes to these issues.
Thank you!
Also, if they have secured financing, they HAVE to pr it. I'm not sure if there is an amount of time that is allowed to pass before they must make that announcement, or not.
It's not a matter of choosing to pr about an up listing. There is criteria that has to be met first. I'm sure that they'd love to up list, and if they did, then they would have to pr it. They currently don't come close to meeting the criteria.
Haven't sold.......not going to sell any of my 517,500 shares. I've picked up over 100,000 more in the past 2 months. If it goes down to single pennies again, I'll be backing up the truck....providing progress with the company is being made.
I've got to imaging that financing is any time now. All I care about is that processor # 3 is working as it is intended, if it is then they won't have trouble getting financing.
As much as I would love to see it happen (for multiple reasons) I don't think that JBII will uplist for some time.
Just a small up-tick so far, can't wait for the financing (and perhaps sales) announcement. Once financing is announced it's rocket time......strong buy!
"P20 works incredibly well and when my new employers announce that they are in contract purchasing multiple P20 machines maybe some of the negative sentiment will evaporate"
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Will JBI still be considered a scam once the above statement is reality ?
JBI is soooooo far from being a scam it's laughable that some constantly refer to it as such.
It's not my inclination to convince anyone to change their point of view......it's just too exhausting!!
If one feels that it is a "scam" then don't buy any shares. If one currently owns shares and feels that it's a scam, then I can't understand why one would not sells those shares and move on to another investment that they feel more confident with.
I feel confident with JBI.
Whatch out, cuz when management announces financing.......STRONG BUY! All that have done their DD know why. Domino effect...... Financing
Board of Directors
Sales of #'s 4 & 5
Sales of multiple more processors
PROFIT!!!
I can't see any reason why someone could not have bought at .065, myself, not so low. The lowest that I have bought is .075. I'm up 41% on that buy. I expect that buy to eventually be up 1000's upon 1000's of a percentage.
Those that have been here for a few years, have done the DD, as many of us have and continue to do so......know where this company and it's SP are going.
Shorts are going to pay ;)
I'd really like to see a spread sheet showing which of us here bought shares today and which ones sold shares today.
I bought a few, anyone else want to spread a little honesty?
I don't really know why I ask, cuz I don't know who is going to be willing to admit there sells......but hey......nothing wrong with making a quick 20-30-40-50-60%
The 3 from R.T. were on "the take", they should be shackled and whipped! They wanted the IP and wanted to line their pockets while they were trying to get it.........they succeeded at shoving some $ in their jeans, but failed at their main objective. JBI has fought it's way through a mountain of interference and has rised to each and every challenge. My hat is off to John and his team. Bad deals behind us, bad hires behind us. Tech and IP keeps moving forward. I look forward to 2014 and what it holds for JBI.
"BIG" longs hold (and continue to accumulate) as well.
What makes you think that there will be a pr in 4 days?
You hit the nail on the head!!!
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"Baloney, what the world is reading on a daily basis is JBI has a disgruntled X employee acting like a total ass. Chris Irons is good people just like all of JBI's people who are dedicated to the P20 process."
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Welcome to the board.
JBI's success is a fait accompli.....n'cest pas !
I'd agree with you, but then we'd both be wrong.
JBI's success is a fait accompli.......n'cest pas !
That's just not true n'cest pas?