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I should have given you a clearer heads up... the ceo posts on stockhouse.com. Would imagine there will be a NR soon, hopefully a halt to the stock to get everyone up to speed. The FOMB still needs to approve but it’s a done deal and GRB was given the only solar project to proceed. Best of luck..
Well, there it is... full approval for Montalva. Only solar power project approved of many different companies on the island.
Very stealth acquisitions. The 3 shares at 2.11 definitely went right under the radar. Someone has a lot of time on their hands!! LOL
70 trades today of 700 shares or less. Not sure what that means but just a fun fact.
I think we need news on GEBRF soon or investors will get anxious and lose the faith. But the CEO sure seems confident taking the steps to uplist the stock. I like Captiva Verde a lot but so many good stocks to pick from right now. Both stocks should get a lot of good news in the next 6 months.
I’d say these things always take longer than what is expected. My strong inclination is that they are trying to get approval for the project at twice the size, 160mw now, based on what the news releases have suggested. Have some dry powder ready to buy more, in case the next NR takes a couple more weeks. It could fill that tiny gap at the 1.50 ish level.
Now all we NEED is the follow up that Montalva is a big part of the new plan!!
Because liberal judges believe it’s their job to MAKE law, not simply interpret law. It’s a liberal vs conservative view of separation of powers as can be seen with Obama’s EPA over reach.
It’s all about the share price? Huh?? Show me one successful investor who has ever said that!!
Better make it an annual check-in ! Thats about how long its been since the company has been heard of. Probably setting up offices in Istanbul and Bangkok as we speak, I'm sure.
Lack of information !! People find other stocks that report information, they take their profits, and move along to greener pastures. They reported a huge deal in Thailand 4 years ago that we haven't heard of since...
Same deal with Turkey, Canada, Latin America...
Wouldn't be surprised to see a buyout around that price. Price has been propped up for quite a while. Think we need more news for the market to take it there.
Interpretation on that post anyone?? No idea. Can any of that be back up with a PR? Multi-Lingual call center? Haven't seen that PR in the last 5 years. Oh well, to each their own.
Yes, Max has certainly broken open the piggy bank!!
Too bad its all insiders who aren't reporting their purchases. Look at the disclaimer under the skull and crossbones regarding insider buying. Truly a sad commentary on this stock.
S T R A N G E R E P L Y D U D E
I understand, but good luck "playing" with a half cent spread over several years
King and I have been to this rodeo far too many times not to feel completely burned by this company. We were promised consistent investor call-in updates, quarterly updates PR'd, and updated filings over the past several years. Give me an update on the progress in Canada, or Thailand, or Latin America, and I will gladly back off. The price is not really holding at a penny since there is absolutely no volume. Put a million shares out there at bid and see where the price goes. These guys are not allies with their investors. You'll see...
Rather than giving me investment advice, how about someone responding to the points I have been making as someone who has been with this stock since July 2007??? Anyone???
I didn't.. but thanks..
The biggest news in a couple years creates a buying frenzy of something less than $2000 total the day after news breaks!! People are tired of the shenanigans (sp?).
Smartcard,
Thanks for the investment advice!! I have sold off the vast majority of over 2 million shares due to the unwillingness of the company to provide information as to the progress of the company. On the other hand, I also believe that those with insider information have been buying shares at strong prices over the past year, which leads me to believe there is something in the works that they are unwilling to tell us about. My belief is that insiders are buying back shares, knowing that at some point they can show numbers that will drive the price in their favor. I want to be in on that move. Meanwhile, there are other stocks I can put my money into, other than one that moves back and forth between a half a penny over 5 years. My contention is that management sees those currently holding shares as their greatest opposition...ie, lets not share any information so shareholders get impatient and sell at these prices. This is the only theory that makes sense to me, though a sad commentary on the management of this company which could release legible PR's and allow the price to rise on consistent reporting. You will not hear anymore about smart cards in Turkey for a VERY long time...guaranteed!!
Its another agreement with a foreign company that we will never hear about again. How many cards were going to be distributed throughout Thailand a few years back? Doesn't matter if the ask is at 5 cents 20 cents or a dollar...whose gonna buy at over a penny??
As always, no numbers that would indicate any kind of revenue source!! And I will not forget the promise to update investors quarterly a couple years ago. I'm callin' bullcrap!!!!
Believe me...we would all LOVE to get excited!!! This happens 5 times per year.
Nope, this news won't drive volume. No idea what it means. No one else will either. Good luck.
gotta link?? TIA
Does JB invest with a profit motive? Let's see... he had a looonnngg
time to sell shares at over $4. At...how many shares does he/and his insiders own? Lets just say 30 million. That would be $120+ million. Ok, $120 million vs. jail time. hmmm. and yet it seems as though he gave back shares. I don't recall a lot of insider trading at that time, although honestly, I don't recall. And yes, I am being conservative by several million with all my numbers. But maybe he wants 20 Billion vs. jail time vs. NYDEC permits, and independent oil tests. Must be a very greedy individual!!
A 40MM share float is NOT dillution !!!! Share that with your investment company !!!
Thank you!! 3 years of delays?? I'm calling BS on that post. "oh we would NEVER invest in a company producing OIL from garbage over 3 years of delays. We would NEVER invest in a company with a 40 million share float and $30 million in debt ...that makes no common sense whatsoever!! With 3, 4, 5, processors on-line, investors will piss on $30 million debt with a 40 MM float. Really???
Wayyy to much energy expended to try to protect us "childish folk" from the very savy "picture editors" at JBI. Yeah, I see a group of 3 guys at JBI editing pictures in a dark cold room in NY, or better yet, Beijing and posting them on IHUB, as NYDEC is approving permits.
Ok, I do appreciate your previous thoughts and concerns regarding the company, and the longs all need to handle criticism. BUT, its not a "manufacturing company" ...yet. A company doesn't have an idea and start "manufacturing" on day two. So they get permited to be capable of producing more fuel...great. Now they need a new permit to allow more garbage on site...great. In the mean time they need to keep paying bills... great. And somehow because they have needed more sources of income, this is something they haven't thought of? This is a pink sheet board where so many companies have hundreds of millions/billions of shares outstanding, and yet posters pump them every day. Whatis the float of JBI? It "seems" like 2 machines are running, a third is in the works, and permit approvals are a daily expectation. Pick a Forbes Top 5 company and tell me how many shares traded today. 40 million share float to go cash flow positive within a month or two? Then the R&D cash burn is about finished.
And I'm sorry, I haven't seen JB's crane-lift license either. Sell, sell, sell
...and if the permit number can't be reproduced, we are all supposed to sell immediately!!
There will be lots of sympathy for a company turning garbage into oil vs. "media credits" which no one on this board, or any of those jury members have ever heard of....and then the loser will pay..
How many jurors would there be? How many would have to agree that there is guilt in order to convict? Have you ever been on jury duty and tried to get everyone to agree? I was on jury duty for a trial where a guy was caught with lots of meth and had a hard time convincing the others of guilt. If there was a hung jury he would have walked even though he was convicted twice earlier. It was Sooo close!!!
...and you forget...when the government prints trillions of dollars....it doesn't produce a damn thing. When JBI sells shares, it build a company that produces OIL!
Yeah, the SEC prints money all the time. Surprising conclusion you've reached...never woulda guessed.
"The government has all the time and money..." huh? What government are you talking about?? Every government I know of, local state and federal have all consolidated 5 people's jobs into one. What government is not running in red figures these days?? I would take JBII's red figures over the government's any day...but go ahead, short JBII because the government has an arsenal of cash to burn.
Are those crickets I'm hearing ?