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think A380 wing span, a lot bigger then 10
10q not due until 8/15, but expected this week
mike, it sounds as if you're shorting the stock LOL.
no, the 1 kilo prototype was expected to take 4 hours, it's taking 15 minutes instead. The 15 metric ton machine (that is in transit from china and should arrive in the next 2 weeks) was also expected to take 4 hours to process 15 tons. Considering the prototype adjustments that brought it to 15 minutes, it is now expected to take well under 2 hours. We'll know the exact time once the machine is here. Considering 2 hours, a single processor will be able to process 60 tons of plastic per shift/day.
As a side note, the prototype is using water directly to cool the diesel and/or gasoline and the natural gas. In the 15 ton machine the water never touches the output and a condenser is used instead.
We've been trying to find a diesel generator here in niagara to film and show everyone the output from the P2O prototype is real. We may not be able to do it today as noone seems to have one in stock. In that case guz will do the taping next week.
it is, the processed tapes plastic
fixed
windows media plays them. I'll change them to straight avi
our plastic to oil videos.
FYI, 1 Kilo of plastic was expected to take 4 hours to process. The actual time it actual takes is 15 minutes. 15 metric tons of plastic are expected to take less then 2 hours to process. Confidential data has been protected with John hand
The chemical analysis will be released after the data has been confirmed by an independent lab. As is, and based on JBI own analysys, the diesel extracted from plastic is more pure then the actual diesel.
The large stacks of tapes to process can be seen in the background.
Some more videos of the processor will be available before I leave today, Hopefully showing an engine running with the output from the prototype.
http://www.xpsoft.com/oil1.mpg
http://www.xpsoft.com/oil2.mpg
bit loss recovery like you say is called check digit. Was used in account numbers as well as the 8th bit in bytes. Believe it or not it is still added today due to the very poor quality of disk drives, today is the 9th bit the OS never sees but that's a different story.
In regards to what you may have read in college, both myself and briggs did it in real life before you were even born and we know what we are talking about. Current tape (and disk) drives use probability algorithms. That outcome is far from 100% correct. So next time you have to reinstall windows do not blame microsoft, blame the current disk drive technology.
Again, name a company that does tape data recovery and has visivel customers like 310 has.
buenokite, your statement is false. A multitude of companies offer tape to disc services, but none uses any kernel algorithm to recover bad bits. Again, ask NASA why JBI is the only source for them????????
buenokite, that is not correct. I can give you a primer on P2O and what other companies are doing and why it doesn't work. Well, one is even claiming P2O with $100 in the bank LMAO.
In regards to tape reading and error correction, you have never seen a tape drive attempting to read a bad tape. If you know what fuzzy logic is and when it was copywrited by Sony, think in the abstracts that came after. Off the shelf tape drives do neither. Is it impossible for someone else to do it? Of curse not, but as is right now, noone is doing it with custom drive kernel. Ask NASA LMAO
there are 5 or 6 things waiting the final step. The market will have the final word on how to value them. Numbers will eventually take over and the PE and FPE will rule.
correct, numbers move PPS
I'm with you, but there has in fact been a dead in one of the team members family, and that has delayed the 10Q a couple of days. Still, well in advance of the august 15th deadline.
zardiw, the P2O is working 100%. White plastic (from the tapes) on one side, diesel and propane gas on the other side. Everyone will see a movie clip shortly.
i can assure you there is no let down, well, if you're a short it maybe painfull to watch. I've said many times this is not a day trading stock. It's a stock to hold for a long time. Understand this is a small company going thru an explosive growth and things sometimes get delayed simply because of the shortage of available qualified human resources. People do get sick and people do have family members dying. Otherwise no hickups or surprises, well, not of the bad kind
http://ntrs.nasa.gov/archive/nasa/casi.ntrs.nasa.gov/19670010532_1967010532.pdf
look at page 13. 600 thousand tapes until 1985. they used these tapes until 1969 and this is only 1 of 13 data centers.
a simple math on 2325 500G drives times 50 thousand tapes per drive = 116 million tapes
i have to reply to this c**p. Returning shares to the treasury will only show in the SEC official documents on the quarterly filings. More, the merger 8K shows an OS of 54,576,260, including the 200K capital injection John did. Second, at the same time John bought the majority of OS, a group of his JBI investors also bought a few million shares leaving a couple of million in the hands of you know whom (if you guessed Mike you were right) and other minor shell players. Those are free trading and considered as part of the float. As none got the magic 5% there was no need to file. Those are the shares (in addition to the naked you've been adding) that are being traded. So the shares available are somewhere in between 2 and 3 million and that is the free float.
Now about the business. John did not buy TRTN to do tape business. He did it for the plastic to oil. To sugar coat the company until the P2O starts to produce revenue, John added the JBI tape business. This allows TRTN to be profitable from Q1. Because there's a backlog of tapes and it's secret classification, John expanded the business to cambridge, MA. The processing capacity became 2000 tapes/day/shift. You do the math on revenue.
There will be pictures this week (later) of the P2O processor, so people like you can finish eating the frog, after lying about the PRC (people republic of cambridge) office. As that argument was no longer viable because of the pics i took, you now attempt to scare people with lies regarding the OS, the float, whatever you can think of. But it will not work. This company is for real. It is not fake. It even has a bank account LMAO. So you may attempt to influence other posters as much as you want, but that will not stop the train. Your bark will be overtaken by the moving train.
and now back to no posting status
this is my last post here. I became privy to info that can be constructed as insider knowledge, as such this is my last post. Hope to see you all at the upcoming shareholders meeting and may the force be with us
I'm on record of predicting a $5 pps by month end. With a week to go I still stand
no. he bought the company with 63 million shares. From those he had 40 million, with 23 million on the float. A few weeks ago he gave back 10 million of his into the treasury, so he now owns 30 million and the total OS is 53 million. On the float side, at the same time he bought his shares, his private investors on JBI also bought from the original owners a few million shares. As none has 5% nobody knows an exact number, but is accepted to be at least 20 million shares, leaving somewhere between 1.5 and 3 million shares on the free float. Unlike John shares that are restricted, those shares are free to trade and are part of the float.
In resume, the free trading float has a max of 3 million shares.
yes, 10 cents/year. Also, any purchase will not dilute. The 10 million shares John gave back to the treasury will be used for that purpose.
d2006, the NASA and other customers are ongoing revenues. They started under John Bordynuik, Inc that was "acquired" by 310. In terms of revenues we will only see 2 days in the quarter. The capacity in both Niagara and Cambridge offices is about 1500 tapes/day/shift. So if needed it can be expanded to 4500 tapes/day or more by adding tape drives. Based on the 2 day 8K, we're running on a 10 cent profit per year on the tape business alone.
as a FYI, John bought 310 to handle the P2O business and later on decided to bring JBI as well.
The P2O process is being finalized on the prototype. Franchises are being negotiated and should start to be announced any time. The first 15 metric ton machine is in transit from the China manufacturer and will arrive in Niagara in the first week of August. I will visit Niagara next week and will post pictures of the 1 Kilo prototype machine.
John is also looking to purchase a chemical company to hide the chemicals used in the P2O process. The company he is looking at is 7 digits profitable and will add to our bottom line.
This is not a scam. There are a few plastic to oil scams out there, but not this one.
the Q is due in August but is planned to be out this or next week
if anyone still doesn't believe call alexandria real estate, they manage the buildings in the square. The lease is under John Bordynuik, Inc (the company we acquired), the suite is 150. I tried to take pictures of the building, the tenants on the directory and the ongoing construction on the suite that is scheduled to be finished a week from today.
i hope that the cambridge office questions are now dead. I talked with the building manager and the construction should be over a week from today. If you want a pic with the nameplate on the door it will be at that time they will hang it.
Cambridge office: 500 tech sq, suite 150. Lease was signed on June 26th between John Bordynuik, Inc and Alexandria Real Estate, the building managers. I'm driving there once the rush hour is over to take pictures of the ongoing construction. There may not be a nameplate yet, but it should show the ongoing construction/remodeling.
On Aug 1st I'll be working there.
Next week I'm expecting to drive to niagara and will take pictures of the oil prototype machine, the tape room and the facility. I will post them.
This company is for real, the P2O is for real, the tape business is for real.
i don't google, i do a short drive there. Not only did I worked at polaroid, dec, data general and other new england computer companies (stratus for example was another), i know the place. See, I'm not a kiddie that has discovered investment and comes to the boards doing DD on where his father worked. I've lived my life in technology and if you want to discuss that is fine too.
here is the truth contractor. mikie represents some of the previous shell owners. They kept some shares in the transaction that never delivered. Some have sold off, like when the PPS went down to 7 cents, some others have kept them for a higher profit. Nothing wrong with that. Also nothing wrong with mikie and his friends sell the shares now. What is wrong is to post on this and other sites claiming they are not selling. They have the right to sell at whatever price they want, just don't BS other posters.
I'm telling you that polaroid may or may not have an office on that building, but it was not a full polaroid build. That link has the history of who has been in there, who owns it now, etc. I'll get a picture for you tomorrow of the ongoing construction. Its suite 150 and you can see it from the outside
500 tech sq is owned by MIT
polariod was 549 not 500
people dumping at the bid can only be someone that got his at .003 or someone looking to create panic to buy cheaper. Either way is market manipulation
I'll get a tech sq picture for you, as you have no clue where the peoples republic of cambridge is
mikie, no stops on otc. you're the one selling your million shares at any price
the 20k block was eaten in a hurry
time to buy, $1 is a bargain firesale IMO