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IT COULD BE WORSE. INITIALLY, WAY BACK WHEN, THE PLAN WAS TO SELL FRANCHISES. WHY, THERE WAS EVEN A PERSON WHO WAS DECLARING HIMSELF THE CEO OF PALM SPRINGS P2O. A BIT PREMATURE, BUT THEN WHAT HASN'T BEEN A BIT PREMATURE, MISLEADING OR DOWNRIGHT PREVARICATION ? I THINK THERE WAS EVEN A PROJECTION OF 2500 MACHINES NATIONWIDE WHICH WOULD PUT AN ENORMOUS DENT IN OUR RELIANCE ON FOREIGN OIL AND RID THE USA OF THE PLASTIC BLIGHT.
YOU BETCHUM RED RYDER.
Just another minor expense in the cost of doing business.
Graduate students willing to act as shills must not be too hard to find today given the debt load they are carrying from their school loans.
Very true. This has been a flippers dream, a day traders delight. BUT, as you said, Caveat Emptor. One of these days, it will not recover on one of it's crater days.
Why is everyone so upset ? I have an order in to buy 50,000 at market because >>
P2O WORKS........... you betcha ! LMAO
Cult like. That's a euphemistic way of saying b b b b bonkers.
This kind of post-litigation strength is quite unusual in the penny stock markets and demonstrates a high level of almost cult like shareholder loyalty.
To state that companies "typically" check the no box is slightly ludicrous. Withholding pertinent financial information for another five days ? Does that give them enough time to do some creative book keeping to hide the fact that they lost a massive amount of money yet again ?
Parsing the NT language serves no purpose at all except to allay a shareholder's fear. Good luck with that.
The late filing has little to do with anything. The significance lies in the NT form itself.......
Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?
Yes o No X
There appears to be a lack of comprehension as to what that checked box signifies. It means the "contest" was all a silly game.
The difference being that some are well funded and legitimate. They don't make
claims that are not supported by fact. Big difference.
Considering Bordynuik's history of making statements that cannot be relied upon (fabrications), how much weight will you give to an UNAUDITED 10Q ?
J.B. Based upon my knowledge ( I can plead ignorance of the true facts) I proffer this document as being totally true.
After all, what's the worst that could happen, the SEC charging JB with fraud ? Been there, done that !
EXHIBIT 31.2
SARBANES-OXLEY SECTION 302 CERTIFICATION
CERTIFICATION OF JBI INC.
I, JOHN BORDYNUIK, the Chief Financial Officer, certify that:
1. I have reviewed this quarterly report on Form 10-Q.
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:
a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
c) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):
a) All significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal controls over financial reporting.
Dated __________
/s/ John Bordynuik
When Dorothy met the Great Wizard of P2O
D... oh great wiz, can you really make fuel for $10/bbl ? If that's true, you will have enough money to hire a private jet and fly me home to Kansas.
W.... Well Dotty, you really can't believe everything you hear or read
D..... So does that mean you aren't turning out the numbers you forecast ?
W..... Yes and no
D... What does THAT mean ?
W.....it means that I must be ambivalent at this time. I have the SEC and the OSC breathing down my neck and you're hassling me.
D..... So you are in effect saying that there is nothing to say at the moment and you stand by your constitutional rights that you cannot testify against yourself, is that about it.
W.... The wizard has spoken
BE CERTAIN TO CONTACT THE SEC & OSC ASAP
Your PARTICIPATION in bringing the conspiracy to light is extremely important. The various security commissions can't be everywhere at once and can use your help in uncovering abuses. The JBII abuse story describes a global effort that extends its tentacles even to within the security commissions and quite possibly beyond. Global interests, nay, galactic interests are working to discover the secret catalyst formula by way of government agency investigations. DO NOT hesitate to email, write, call and even make personal visits as often as possible in getting the message out. Write your congress person/ senator. You might even try putting your message on a robocall service and call EVERYONE in government service. The various government agencies will be impressed by your laborious and collective effort. They love to hear from concerned voters and constituents. Trust me.
The "investment world" is chock full of "firms" that play on today's buzz words. Bordynuik found a chink in the fabric of the decay of our civilization. If he's so damned smart why hasn't he found the solution to the problem of cold fusion ? After all, he IS a world renowned physicist is he not ? Couldn't find the secret in archaic tapes ? Much like the mayonnaise king is the savant (Barnum) of penny stock investors Bordynuik appeals to a segment of the population that feel they can contribute to the greening of the planet and make a fortune at the same time.
You betcha Red Ryder.
There ya go jimminee. Rome wasn't brought down by outside forces. It was destroyed by the rotteness within. You got the picture.
Why doesn't Apple provide 10 bushels of apples to it's shareholders quarterly ? Give me a break
et b
Don't worry about the day to day PPS. It's the long haul we're after. You know, right up there with Standard Oil, BP and Shell Oil.
No baggie left behind. Pacific garbage patch here we come !
BE CERTAIN TO CONTACT THE SEC & OSC NEXT WEEK
Your PARTICIPATION in bringing corruption to light is extremely important. The various security commissions can't be everywhere at once and can use your help in uncovering abuses. The JBII abuse story describes a global effort that extends its tentacles even to within the security commissions and quite possibly beyond. Remember, it's the squeaky wheel that gets greased first so don't hesitate to email, write, call and even make personal visits as often as possible in getting the message out. You might even try putting your message on a robocall service. The various security commissions will be impressed by your laborious and collective effort. They love to hear from concerned investors.
BE CERTAIN TO CONTACT THE SEC & OSC FIRST THING MONDAY
Citizen PARTICIPATION in bringing corruption to light is extremely important. The various security commissions can't be everywhere at once and can use your help in uncovering abuses. The JBII abuse story describes a global effort that extends its tentacles even to within the security commissions and quite possibly beyond. Remember, it's the squeaky wheel that gets greased first so don't hesitate to email, write, call and even make personal visits as often as possible in getting the message out. You might even tryi a robocall service. The various security commissions will be impressed by a collective effort. They love to hear from concerned investors.
Have you contacted the SEC & OSC today?
Citizen involvement in bringing corruption to light is extremely important. The various security commissions can't be everywhere at once and can use your help in uncovering employees guilty of misconduct. The JBII abuse story describes a global effort that extends its tentacles even to within the security commissions. Remember, it's the squeaky wheel that gets greased first so don't hesitate to email, write, call and even make personal visits as often as possible in getting the message out. The various security commissions will be impressed by a collective effort. They love to hear from concerned investors.
The OSC makes no public statement regarding their investigations and their agents make no statement whatsoever regarding posts on the internet. They realize that "chat boards" have a large number of nut cases and "conspiracy theory advocates". Anything that indicates that any one working for the OSC makes any comments otherwise is full of horse pucky and needs to be restrained by means of a strait jacket.
The SEC is trying to extract themselves but must save face ? That's quite a statement. Written in stone, is it ? What in the world is a verbous complaint ? Verbous...written by a third grader ? LMAO
This waste comes from landfills and dumps from all over the United States.
"Basically, they've been mining their piles for us and sending them here," says John Bordynuik
And just who is it that absorbs the cost of sending piles of garbage to Bordynuik ? Come on ............. have you people all chipped in to buy the Brooklyn bridge ?
Just another fabrication in the long string of promotional lies. This guy is insulting the intelligence of all "longs".
Quite possibly the term "under siege" results in a confusion factor as does the caveat emptor attached to JBII. Caveat emptor to some must translate into "grab as much of this penny sham as possible".
Settling for pennies on the dollar ? What in the world does that signify ? Has there been a dollar figure fine mentioned ? Please send the link.
Thank you.
Getting buyers off the sidelines. Now that would be a really good trick seeing as how the company is under siege. Maybe another walkthrough or a segment on 60 Minutes. No, better not do 60 Minutes. They do investigative reporting.
Golly, I wonder if Bordynuik realizes the threat of industrial espionage and taken steps to prevent it. There are agencies that can do a computer forensic examination of all employees. There should be periodic lie detector tests given to everyone who has access to the secret catalyst. The SEC investigators should themselves be investigated to determine if they have interests that would benefit from the demise of JBII.
There is just no discernible end to potential harm that may be done to JBII through this insidious process of civil lawsuits, all launched for the singular purpose of gaining the secret of the magic catalyst.
Uh, here's a reason. The U.S. consumer is paying less than those in most other countries thus the profit margin is much better elsewhere.
http://www.mytravelcost.com/petrol-prices/
And from the same article
Within two days( of the SEC charges) , JBI, Inc stock had managed to return to its pre-surge trading range in the low $1.40's. This kind of post-litigation strength is quite unusual in the penny stock markets and demonstrates a high level of almost cult like shareholder loyalty.
Yep, that what it is alright. Deja vu Jonestown.
The very fact that Bordynuik claims to be the "inventor" of the P2O process speaks volumes as to how disingenuous this guy really is. Going back to 1996 when a P2O process patent application was made and much probably long before that, the "invention" would/should be ascribed to others. Is the man so dense that he feels shareholders are dupes to his fallacious hype ? The lies and misrepresentations go back to the tape business when he claimed to be reading a great volume of tapes which represented a large, overhead free stream of income. That too went the way of all things Bordynuik. The man certainly has the indelible label of hoaxmeister attached to his name.
Nonetheless, a colleague of the Gatley auditor ultimately cut and pasted the electronic signature of Gately & Associates on an audit opinion letter attached to JBI’s Form 10-K filing representing that an independent audit had been conducted when one had not.
On the planet I live on, there is a HUGE difference between a forged signature and something that reads...."John Smith FOR Joe Blow".
Capice ?
Sales of tanker after tanker as is reflected in the recent 10K, correct ? I must have missed that part.
Yeah, I hear that's what the captain of the Lusitania said. What's a little hole to a big ship like this ?
Promo Distribution Inc is a private company categorized under Construction Materials, Nec and located in Calgary, AB, Canada. Current estimates show this company has an annual revenue of $2,012,160 and employs a staff of approximately 9.
Business CategoriesConstruction materials, nec in Calgary, ABConstruction Materials, Nec, NskOther Construction Material Merchant WholesalersView newly formed U.S. businessesCompany Contacts
Is this your company? Claim This Profile Mahmood ArshadPresident
Guffaw ! Sometimes ya just can't depend upon others (ringy dingy 12 times) to do appropriate and meaningful DD. Right oxy ?
Uh wait, hold on there Suljabberite. How many times have we heard International Door ?
Does that pay well......to repeat yourself over and over ?
True dedication to an ephemeral "security" ((oops, an oxymoron"
Now how in the World Wide of Sports does that make you feel that you are in the catbird's seat ?
I could understand it if Bordynuknuk was selling Cold Fusion technology but he is selling plastic juice that doesn't provide fuel ( perhaps for lawnmowers) for motorized vehicles. So how does this (JBII) alleviate the fuel crunch that the world is/ or will be experiencing ?
As oil production slows, so does the production of plastics derived from oil.
End game, plastic will be derived from other, less expensive feedstocks and the return from the "secret formula" process will become an obscure and disregarded "science"........not that is is a science today.
Nothing like a shot of reality as opposed to unbridled, rug chewing, fanatical pumping of a losing proposition.
Thank you for the good wishes. I am long past finding a stock that will bring me riches. I have come to that point in my life where I find great satisfaction in giving rather than receiving. I do not wish to beat a drum for the causes I find worthwhile but I find the money I have "invested" over the years have would been better utilized by legitimate organizations that feed hungry kids and alleviates suffering world wide. There is nothing wrong with investing, but there is a fundamental tenet that dictates that we share the bounty with others. I don't have a religious bone in my body but when I see people pouring thousands of dollars into a "security"such as JBII, it makes me wonder...... is this what we have become.
Well, maybe you can name just a few of the plethora of pinkies that you have invested in that have been uplisted and have fulfilled your dream of riches.
There is deja vu factor involved with JBII. How many times have we encountered stories similar to this one. Great roar coming out of the box, sometimes a run or two but then sinks into oblivion. Pink sheet stocks have that in common. 98% of them are hoaxes and the remaining 2% crash and burn after they prove themselves nothing other than a vehicle for those "running" the "investment".
The pathetic part is that there are always those who are enticed by a "new concept". Therefore, the promoters hunt for a buzz word to find something "investors" can hang their hat on. In this case, the buzz word(s) is/are plastic, landfills, environment, green, and BRAND NEW EARTH SHATTERING TECHNOLOGY.
You read the board and you see 90% of the posters are totally married to this "stock"...like total commitment. There are vast numbers on the board who are playing the average down game, a.k.a catch a falling knife, and how many times have we seen THAT fail.
Regardless of what is written re: past experiences, there are always those who are totally committed to their "investment" which they feel is secure because of their certainty of how GOOD their stock choice was and woe be he/her who advises caution.
In the final analysis, how many pink sheet stocks have made it beyond the pink stage to become worthwhile and viable investments ? You can count them on the fingers of one hand, excluding three fingers.
Regards, and happy holidays !
It must have come as a massive blow to Honest John and the boys when Polyflow was granted those patents. But then again, there are two separate and distinct plans at work here. One is to sell shares to a gullible public and the other 9s to actually PERFORM.
It's somewhat of a waste to post such information though .... the significance will escape most "true believers". Just sayin'
et b lol
So Mr. Nice Guy (I think you always referred to him as Mister Vucicevich) took you to the cleaners ? The man who spoke 5 languages fluently ? The man who was so obviously well educated ? Oh, and the religious Suljas who treated you as a son ? I guess they kinda took advantage too eh ?
Speaking of moral turpitude, I wonder how the Elmira Suljabberite made it across the border into Canada. maybe they are less discriminating than American authorities.
I wonder if selling "the Elmira mansion" for $130,000 solved any of the problems Petie encountered after his catastrophic investment in SLJB. Maybe Petar, his good friend, helped him out with a loan (with stolen money) The old adage of what goes around comes around has been proven valid particularly in the case of the Suljabberites.