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2 and 3 have probably been producing for a while now. The JbI boys have been waiting for the sec news to hit the papers. l'm guessin thats there ace in the hole and we will hear about it shortly. There ...take that. Just guessin.
And by the way " He who laughs last laughs best".
Wow! Sure is good to have you on the plus side of JBI. Just want to thank you for all your hard work. You can add me as pipeholder # 5 who didn't buy shares because of media credits. Those shares have not been deposited with a broker yet either. l also am buying on the open market. l count it a privilage to have the opportunity to be invested in JBI in its early stages. l only wish l was 30 years younger.
Thankyou Rawnoc, that makes a little more sense. All your effort on this board is appreciated. l can't post private or l would have. Hope everyone reads those.
Ok, so if this sec deal is so bad then why is it taking so long to do something about? Why would they let him continue? Its been 2 years and change hasn't it. So if they are guilty what are they going to do about? Fine them into the stoneage. Put em in front of a firing squad. Come on, tell me whats going happen so l know what to do with my shares.
That was my point Kez. We don't know the life expectancy of a processor, nor the depeciation rate on one, or the maintenance costs, or the interest costs on loans to place one, or a bunch of other accounting stuff. But Jbi has a really nice margin to work with right off the start. l don't think its going to be to hard to pay off machines and turn a buck fairly quickly. So long as the processors don't puke early in life. l wish l had that kind of margin to work with, l don't thats why l am in this. The wish is to but the 67 Shelby and take my wife and drive off into the sunset. l know l'm on the right track with this one, don't miss the boat pal.
Its fiction. Sorta like buying a $140,000,00 dollar Freightliner and running it for a $1.30 a mile. At the end of the quarter l have $10,000.00 after expenses. Gee, this truck is costing me $18.20 a mile to run . Maybe l should quit trucking?
June 7.50 Dec 12.65
l think the metric ton or "tonne' is about 2200 lbs.
Stocker, l was wondering about that myself. If you sold the jbi shares from the OTC market and deposited the money into the TSFA you would think you should be able to buy them back from the TSX through your TFSA. Thats if he uplists to the TO exchange which l figure he would like to. l guess its hard to convert pipe shares from the otc into Canadian accounts.
Actually the more l think about. It would only take one good truck stop in Niagara to start selling their fuel at a discount rate. The trucks will be backed up to Ft. Erie one way and T.O the other waiting to get fuel. There will be no problem selling fuel. Maybe we should pool our money together and buy the truck stop now.
l will be glad to buy about $20,000.00 dollars worth of diesel a month as soon as there is an outlet close to us. Thats not a huge amount but if we can get it for less than what we pay at the Husky l'm in.
l hear you Kez, point well taken. We shall see.
Why do you think nothings been done? l get a little impatient as well. l have followed this for about 2.5 years. This has gone from a backroom experiment in Canada to 3 processors in a 7200 sq. foot building in the U.S. with a good size contract plus the properties in Canada as well. l have a small business and spend half my time dealing with gov't red tape. l can't imagine what these guys have gone through. l will wait it out. l don't think what they have done in a couple years is too shabby really.
Your exactly right. It is too good to be true. Thats why its called a scam by so many. John ain't gonna sell this cause its not about money, he's already got that. This is his baby and its more about the challenge than money. The real successful guys l know are way more than about money.
Sorry, Its a service staion with just the pumps and a snack shack. They have 2 gas pumps, diesel and propane.
We have been scratching our head trying to figure out why a company here in our local town in Canada took over a gas bar. Its changed hands several times and we know there is no money it. l said to my wife driving by about a week ago. " l can't figure out why he would take that over". She said "What about JBI" BINGO! Nothing else makes any sense at all.
l will go with 135%
Years? l have been to 2 AGMs, so whats that? 2 and change years. The rest of the stuff is nickel and dime. l will retire from this jbi scam within the same number of years as its taken for it to get this bad.
Right on 4k. Thanks for all your hard work
Guz, l have been buying shares with a BMO investorline. Spoke to an agent last week in Bmo about depositing certs. His thought was the same as mine, if l can buy then why can't l deposit. Haven't checked it out yet but will. l know you can not buy OTC stuff or deposit it in a tax free savings account.
Been a while since l had a good laugh like that. Right on Jagman,with that kind of math l will be retiring even sooner.
Raw.. Been following this since about 3 bucks on the first round up. Been to both annual meetings as well. This is the real deal. l will retire off this and some of my family members will do quite nicely as well.
Stocker..does uplisting allow us to buy under a tax free savings