Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
If we do indeed have good news on the way, those shorters are going to be bailing so fast on this thing Tuesday, we may get ridiculously high....
He released our Christmas present with 19 minutes left to trade on December 22.
Fixed....wow, that was fast!!!!
Must be thinking there will be a lot of new visitors in the coming days :)
Looks like the linking with the puzzle pieces got messed up b/c of the website update. Probably need to get that fixed for the sake of prospective investors. Can someone communicate to JB?
It's like skydiving and not being 100% sure your chute is gonna work...the anticipation is awesome! Added some today.
Day's high is 5.55
And remember, we've already seen 7+ before any sort of p20 validation or uplist talk!
Don't underestimate JB's love for "grouping PRs"
This weekend might be some of the most life-changing news ever released to the public, given current economics and lack of P20 traction to this point.
We all may be VERY VERY rich on Tuesday afternoon.
Somethings brewing...
Actually...I'd say that tomorrow is the big day...day after tomorrow is fist pumping, chest bumping, and head nodding all in unison.
I'm not a chart man....give it a try. Tell me before you do it though :)
Never too heavy in this gem.
I equate it to me giving you a dollar for (a pretty much guarenteed) $3 no later than Tuesday at 9:31ET....I'd be getting my hands on as many dollar bills as possible...any means necessary :)
Retrofitting in China and then picking up plastic from Hong Kong or Shanghai for processing and sale of oil back to China?
An explosion of Cialis magnitude.
Double-edged sword. Every dollar this goes up, I'll be kicking myself I didn't buy more shares....it's getting a little out of hand though! Enough is enough...or is it? Crap.
Where's that rally monkey?
Probably wouldn't add each other as friends on FB if the deal fell through!?!?!?
So mathematics tells us (if my percentages are correct) PPS after this news will be:
3*20% + 10*60% + 15*20% = 9.6
Buy buy buy!
Love it:
JB-Ey-Ey Captain
There is not going to be a very large dip. Your downside risk is far smaller than your upside potential with the PR coming out in the next 7 days.
You'll be stuck chasing shares over a dip that is very likely < 50 cents PPS.
Never been so willing to average up. 1000 shares here and there gets my 1.2 average up pretty high pretty fast....can't wait for our PR and CC!
Free money :) Plastic2Money!
Shares very tight right now. I've fired a few test limit orders and people are looking at me like...Hell no I'm not taking your silver for my gold.
15th for President's.
Guess they're celebrating the President of JBII in Canada!
Precisely. Tic toc...what day will it be? We only have 8 to select from...BUY BUY BUY!
BINGO. We will get a PR between now and Feb. 13.
JB has said he would not have a CC until he had significant, materical information to discuss. End of discussion.
If I was the lab testing the "cure for cancer" and it tested out to be efficient....I'd have my lab plastered ALL OVER that PR.
For those doubting whether the conference call brings positive or negative news, put it this way:
Who in their right mind waits for the day before their wedding to have a bad conference call?
Nothing to me makes it clearer that we have EPIC news coming and JB is going to celebrate is @SS off during his wedding and honeymoon....
IMO you can't put too much into this stock.
A wise friend of mine once said whatever you're thinking, invest 1/2 of that....I think he may be wrong with JBII.
IMO the best PR we've ever seen....VERY exciting.
Can't be posted enough on this board. I will continue to do so for new investors like yourself.
How long will shorts wait to hedge their limitless losses?
JBI, Inc. (the "Company") (OTCBB:JBII) is pleased to announce that December, 2009, has been a month of intense activity and very positive productive progress. The Company and Rick Heddle have agreed to a Joint Venture whereby Heddle Marine Service, Inc. will retrofit ships with P2O processors. The Company is now finalizing a JV Agreement for production of its first P2O ship with Heddle. JBI anticipates contracting with various countries to convert their plastic waste into oil.
The launch of P2O in early 2010 will be an exciting and important harbinger for job creation, environmental clean-up, and oil production. Plastic waste is a huge global problem, contributing heavily to landfill expansion and ocean pollution. The Company has a goal of initially establishing 2500 P2O sites with municipalities/interested parties and launching P2O ships for various countries' plastic waste retrieval and energy production.
Converting plastic to oil has previously been attempted unsuccessfully by other companies as it was not economically feasible. However, the Company's research discovered a unique catalyst that is now proprietary to P2O, as it greatly enhances the efficient and economical conversion of plastic waste to oil, allowing for a 99% recovery rate compared to 45% +/- for competing systems. In essence, the catalyst greatly expedites the cracking of the plastic and allows the Company to select on a tight curve the particular hydrocarbon to produce. Competing methods require much higher heat, considerable energy cost, prohibitively expensive residue disposal, and result in poorer conversion. There is a negative energy cost to operate a P2O processor, since 15% of feedstock weight is converted to gas to run the system. The P2O processor is not a "perpetual machine", 15% of its feedstock is consumed to provide gas to power the processor.
Heddle Marine Service Inc., established in 1987, is the only marine repair firm that operates floating dry-docks on the Canadian side of the Great Lakes. Located on land leased from the Hamilton Port Authority, the site has 160,000 square feet of land, 1,000 feet of wharfage and dock frontage, 30,500 square feet of fabrication shop and 5,000 square feet of machine shop.
This continually expanding, successful company, with 20+ years of expertise in rebuilding ships, converting tanks to cargo and cargo to tankers, will be a valuable and important partner in helping JBI to achieve its eventual goal of attaining a fleet of P2O ships to address global demand for their service. For further information, visit http://www.heddlemarine.com/
Also, JBI has signed a Letter of Intent for the establishment of an Area Development Agreement (ADA) for 45 P2O sites in the State of Florida with a newly formed entity controlled by Al Sousa of Largo, Florida.
Mr. Sousa is a seasoned executive with extensive business experience in both the public and private sectors and has been involved in a wide variety of matters including operational management of multiple entities including acquisitions, marketing, financing and governmental affairs.
In his position with a large publicly held company, he planned and implemented a start-up venture with multiple business units and annualized revenues nearly $150 million. His division had seven business segments in sixteen states with approximately 2,800 employees.
The Company expects that the ADA will be consummated by February 15, 2010.
The Company expects that Mr. Sousa's company will begin to quickly cultivate supply chains and sites for the installation of P2O sites throughout Florida concentrating first on large metropolitan areas and expanding outwards. The "Green" aspects of the P2O process is expected to solve huge problems in the area of plastic waste disposal as well as generate much needed oil for commercial use. Public-Private partnerships are expected and local, state and Federal credits are available for rapid deployment and cost effective development.
An independent lab investigation of JBI's P2O technology revealed the following information: Samples of fuels were created from various plastic feedstocks and were tested (ASTM D 5453) and confirmed a sulphur concentration less than 8.4 ppm (parts per million). Additionally, the water and sediment tests (ASTM D 1796) confirm that its fuel contained less than 0.005% water and sediment. Density tests also placed the fuel in the gasoline range.
P2O produces oil at less than $10 per barrel. In the United States, refineries have indicated that they will pick up the fuel at the price of WTI (West Texas Intermediate) price less $3, currently around $70 per barrel.
JBI's Pak-It division is being positioned for anticipated dynamic revenue growth in 2010. The Pak-It factory in Philadelphia is being completely upgraded to handle high volume retail production for their eco-friendly line of cleaning products. An experienced 5-person national sales force is being hired in January. JBI is in current discussions with a very large, established company that has had great success marketing their consumer cleaning products via television infomercials. This company has indicated a desire to partner with Pak-It in an infomercial marketing campaign. However, if an agreement is not formalized with this potential partner, Pak-It will proceed on its own to have infomercials produced and begin a massive marketing campaign.
Successful infomercials have proven to be a very effective method to rapidly attain major consumer awareness and often generate a significant increase in sales revenue. The patented, cost-effective Pak-It product line clearly appears to have all the attributes for a successful infomercial launch.
JBI will soon establish a Board of Directors consisting of key talent within the Company, including the CEO, and on their Advisory Board, as well as some dedicated open market shareholders to adequately represent our anticipated large shareholder base. Unlike many other BOD's, the Company wants to have a proactive Board that is committed and focused on the continued future growth of the Company for the benefit of all shareholders.
Additionally, the JBI websites are currently being redesigned by a group of loyal, tech-savvy shareholders. The new cutting-edge site will better reflect the Company's achievements and unique technologies. On-site videos will provide the world with a clear view and understanding of the Company's important technologies.
John Bordynuik, CEO/President of JBI, Inc., will be flying to New York the first week in January to meet with exchange officials and begin the application process to up-list JBI on the American Stock Exchange. Furthermore, at the end of January, Mr. Bordynuik will be traveling to China to meet with P2O processor manufacturers, and establish production requirements and volume agreements. The Company has previously been advised that its Chinese manufacturer could produce one P2O processor every day, with a 15-day lead time for each batch.
Furthermore, to avoid dilution, Mr. Bordynuik will be returning an additional 9 million of his personal common shares to treasury on Dec. 29, 2009. Therefore, as of that date, total outstanding common shares will remain at 46,725,106.
John Bordynuik commented, "All of JBI's dedicated team members have been working long hours and very hard to ensure an extremely successful future for our Company. I am most appreciative of all the loyal supporters who have stepped up and committed their valuable time and efforts to our shared vision of growing JBI into an extraordinary, successful company and maximizing share valuation. I wish everyone a most joyous holiday season and a very prosperous New Year."
Really feels good when the bid is above the price.
Not sure what that means, but its happened a few times today and I really like it.
Haha! I'm counting mine so I can make my 15th refuting his banter memorable.
Sounds very much like a textbook answer....oh wait.
Javaco, Pak-It, and tape reading are already proven. You forgetting about those?
Cost to JBII is $10, to other exploration industry: >>>$10.
Pretty basic.
$10 cost per barrel is for JBII not conventional oil producers. You seem to be confused...
A United Nations report on climate change that has been lambasted for its faulty research is under new attack for yet another instance of what its critics say is sloppy science -- adding to a growing scandal that has undermined the credibility of scientists and policymakers who back the U.N.'s findings about global warming.
In the Fourth Assessment Report (AR4), issued in 2007 by the U.N.'s Intergovernmental Panel on Climate Change (IPCC), scientists wrote that 40 percent of the Amazon rainforest in South America was endangered by global warming.
But that assertion was discredited this week when it emerged that the findings were based on numbers from a study by the World Wildlife Federation that had nothing to do with the issue of global warming -- and that was written by a freelance journalist and green activist.