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Agree 100%. No amount of debate will change the outcome. If one is a long term investor nothing that happens with the day to day sp will matter in the end; likewise if one is a trader the sp is much more important than the end result. I prefer to separate JBI from JBII at the current stage of development.
Ty, thanks for your candid remarks. Unfortunately the real business world requires too much secrecy until the final contract is signed. I've been there and many of the contracts require absolute silence until all perfect conditions are met including seeking new personnel. Too bad/so sad, we live in a world of distrust that we can't be upfront and honest for fear competition gets an edge and sabatoges the deal.
I read the enthusiam in your post. For the life of me, I can't imagine anyone saying this (JBI) is a SCAM. (I'm to be honest, I'm not so sure JBII isn't a SCAM run by instant gratification traders) but then; I don't trade my stocks and am waiting for the success of the company to result in stockholders $$$$$$$$$.
Thank you for posting this information from the 2nd Qtr. I remember the statement but couldn't find it.
Bullshit! Proof Please.
I agree 100% that JBII is a disaster. Speaking only for myself but I believe many of us who are Long are Long not because of the stock but the company, JBI. I am glad I am not a trader of JBII but am excited about the advances in JBI's technology and changes announced in the business plan. (IMHO) With time the stock will reflect the success of the company. My goal is long term not immediate gratification - particularly after the last cc; looking forward to the AGM next month.
The CC provided good insight into current roll out plan and slight changes to the technology to make processor #3 the "flagship" for P2O. Processors #4 and #5 ready for rollout, #2 and #3 producing fuel at NF site, as well as #3 ready to demonstrate the technology to potential partners and buyers. We've come a long way from a table top model in the beginning of JBI/P2O to what we have today. Long and Strong and proud of the success of JBI. Anyone who has not already done so read the script of the Conference Call.
After reading the script from the conference call it didn't give solid numbers and facts that many want to hear. As one who has invested in this company since the early stages of P2O and am not interesting in trading stock for immediate gain I find the most revealing statement is:
It's easier to be a long term investor in JBI and not a trader in JBII.
It was my understanding from the cc that the purpose of shutting down and cleaning processor 3 was to prepare for increased input/output during the next full run.
Also holding for the CC. I only have a cell phone so a little scratchy.
Looks like a lot of folks are adding in a hurry. Look at the volume in the lst hour of trading.
I would have liked more definite information on processor sells/joint ventures/partnerships instead of the vague information regarding initial talks. Yet, the business has to be vague until the deal(s) are set knowing the inities that would like to see any ventures fail and do what they can to prevent.
JBI financials just listed on Level 2. Highest Quarter.
When can we expect the 3Q Report? If it is b4 the market opens tomorrow will that be by 8:30 ET?
Right back at you!
Absolutely not! I've bought and added since 2009, haven't sold a share. My husband has held all his since 20l0. My question is why would anyone sell now with all the current technical improvements that show JBI is very close to becoming profitable.
I should have mentioned my JBII proxy is from Scottrade.
I recceived my JBI proxy information this morning.
I contacted my Scottrade two weeks ago. They replied that they haven't received the information from JBI and will send as soon as they get the information they need. They did provide me with a control number in the meantime.
You already have already included the issues I'm most interested.
Processor #3 numbers; Partnerships and plastic supply; status of where processors #4 & #5 are going; and after discussions today the BOD and side letter's empact on the status of the roll out plan by the company.
HAPPY OWL-O-WEEN. This wise old owl isn't going to let any scare tactics give up any of my JBII shares!
Good move. I requested Scott Trade to send verification of my shares today. It is good to have a back up if they do no deliver.
This is worth a repeat daily for all new eyes on JBI.
Anyone new to JBII? Read this!!!
Hallmark, Kaleidoscope and JBI
http://www.hallmarkkaleidoscope.com/crayola-colorcycle/
Channel 4 News: markers into fuel
Crayola is just one of the opportunities for the technology of JBI. At this point the stock sucks but the company has made many advancements in the past 3 years and overcome many barriers.
Why are we discussing information of the early days of JBI? I clearly remember reading posts during that time; the criticism then was Why are we spending time and money on Pack-it and Javaco when we need to be putting emphasis on P2O? Well the company decided to put their emphasis on P2O and sold both companies. I certainly never invested in JBI for any reason except P2O.
My sediments exactly. As an author and consumer of childrens books I equate JBI to The Little Engine That Could and The Tortis and the Hare.
Agree! I only wish that opinions would require some sort of proof; but, since it's OK to post anything on SMB's without any type of validation BULLSHIT is the best response. I will say, I have gone to all the AGM's and pre-meeting iHub socials and I personally talked to JB's father, aunt, uncle, and assorted family members last year. All very favorable of the success of JBI. Since we haven't seen the share price at $7.00 since 2009 or early 2010 the family members seemed very positive of JBI's success.
This post is worth a repeat. Good history of the development of JBI with links to support the statements. Can't go wrong with factual information instead of opinions with no support. Thanks Koolmoto for this validated post.
4K, thank you for taking the time and sharing the detailed evolution of JBI. I prefer to talk about the "HERE and NOW;" but, by providing the history of the advancement of JBI from the early days to it's current success your post clearly provides the reality of the status of the company. Thanks again for your post.
I would be very happy with that type of communication. I doubt if I will attend this year due to the weather, I'm not as concerned about the flight to Buffalo but the thought of the drive from the airport to Niagra Falls freak me out.
Agree!!! Me thinks desperate times calls for desperate measures.
Thank you for taking the time to find and share all the links showing the current status of JBI. Your post should be repeated.
Thank you for your candid non-biased remarks. We are so close but not there yet.
This is just the beginning of many others trying to ride the coat tails of JBI and it's continued success.
Hey Great Pumpkin, I look forward to seeing your prediction come true. The Wise Ole Owl agrees!
Hot funny. At the 2011 AGM JBI iHub pre get-together I met very close family member's of John. They certainly were current shareholders and the run to $7 was in 2010. That's a mystery as to the sellers of JBI in 2010. He must have an extremely large family.
Building and improving upon the original is one reason JBI and it's Shareholders are special. When needed, someone will pick up the task and make it relevant to the current needs. So a giant thanks to both EP and Koolmoto. I encourage all to take a look and plug your numbers into the current matrix.
Good post and worth repeating