http://www.sec.gov/Archives/edgar/data/1381105/000121390010005243/f8k121510ex99i_jbi.htm

Monitoring Type: MONITORING OF PROCESS OR CONTROL DEVICE PARAMETERS AS SURROGATE
Monitoring Description:
The Water Seal Tank is equipped with a Caustic Addition System and Caustic Spray Column as a back-up to control and neutralize any potential low pH situation. A low pH situation is not expected and would only occur if any halogenated material is feed to the reactor by mistake. Should this occur then the off gas would become acidic and the pH of the water seal tank would drop.

If the pH of the Water Seal Tank drops below 6.0, then the following corrective action is required:
#1 – The feed system to the Reactor will automatically shut off.
#2 – The caustic pump will start and caustic will be pumped to the top of the Spray Tower and through the Spray Nozzles to neutralize the material in the Water Seal Tank to control it at a pH of 7 to 8.

The original design used the necessary off-gas to run the system, but had an excess that needed to be compressed. The new design continue to use all the necessary off-gas needed to run the system but the compressor is not necessary anymore because the addition of the pre-melt increased the gas consumption.

Total off-gas (Design #1)= Main reactor + compressor

Total off-gas (Design #2)= Main reactor + Pre-melt

That is IMO.

The compression system was for storage purposes. Since the pre-melt will consume that gas, it is not necessary anymore, IMHO.

At the beginning, JB tried to avoid using the compressor sending all the gas to the main furnace but it was too much.

I think that the excess off-gas that needed to be compressed now is used by the pre-melt furnace.

33000 shares at the ask, nice chunk... big pockets remain confident

Do you know the difference between blending and refining ?

I need to confirm this, but I always thought that the inclusion of the premelt system was in connection with the elimination of the off gas compression system, since it consumes a significant part of it.
The off gas excess was always a problem, not a real benefit.

More than 300k shares here. I will vote Yes.

I was there too, very informative visit.

Cold, cold. Continue looking for something like this:

"RockTenn shall provide all Plastic Feedstock to JBI at no cost."

The $10.00 per barrel cost was confirmed by JB once again at the 2011 AGM, two months ago.

I agree. News about financing will be the catalyst for trading in the double digits.

I'm also not worried about financing. We have the product and the market, and a big gross profit, so it will be easy to find the right financial plan for roll-out.

Our limitation at RockTenn facilities will be financial. If we get enough money for a fast roll-out, then I agree that we will have our hands full for a while just with this agreement.

If I were JB, I would continue working on JV or referral agreements, but just with those that can be totally financed by the third company.

By the moment, I would focus our financial efforts just at RockTenn facilities, IMO.

The blending facility should allow us to blend our fuel with all the additives needed for road use.

Regulations are the biggest barrier in my opinion. We have a more interesting and lucrative market of fuels for industrial use.

I totally agree with your post. I expect two big news until the end of this year:

1. Positive Operating Cash Flow (3 processors at NY should provide this)

2. Financing for a fast roll-out at RockTenn facilities (My rough calculation is 1.5MM~3MM for each facility depending on the quantity of processors, 1~4 20T or 30T processors).

We should be trading in the double digits after the confirmation of these events.

Why is it so different the opinion of the people who visited the factory and met our CEO in person, from other people who has never been there ?
Do you guys know someone who think this company is a scam even after taking the time to see the machine running in person ?
I for myself traveled twice from South America and was very satisfied with what I saw...

I couldn't resist the dip and bought some more below 1.85.
Last week bought other chunk below 1.75. This is the stock market. Some people can see the unique opportunity, others not.

$ 10 per barrel cost for multiple machines sites confirmed.

We are getting plastic from Waste Management.

Nice JBI I-Hub party yesterday !

It was very good to meet many of the JBI message board members there.

See you at the AGM in a few hours...

"For the purposes of this Agreement, "JBI Machine" means a machine developed by JBI that implements the Plastic2Oil TM Process together with any related support equipment and infrastructure required for such machine to operate; and "full capacity" means, with respect to a JBI Machine, such JBI Machine processing the maximum amount of Plastic Feedstock it can process while running 24 hours a days, 7 days a week (subject to reasonable downtime for maintenance)."

Not necessary to continue using 5 days/week for revenue estimations, 365 days/year looks more accurate...

I hope you didn't short this today.

Engagement of New Independent Registered Public Accounting Firm.


On January 24, 2011, the Board of Directors appointed Ernst & Young, LLP (“Ernst”) as the Company’s new independent registered public accounting firm. The decision to engage Ernst was approved by the Company’s Board of Directors on January 24, 2011.

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http://en.wikipedia.org/wiki/Ernst_%26_Young

Ernst & Young (EY) is one of the largest professional services firms in the world and one of the Big Four auditors, along with Deloitte, KPMG and PricewaterhouseCoopers (PwC).
Ernst & Young is a global organization of member firms in more than 140 countries, headquartered in London, UK.
It was ranked by Forbes magazine as the 9th largest private company in the United States in 2010.

You were right. CSTI is out and waiting at .78. PERT and NITE at .97.

If PERT and NITE stay there, with just a little buying pressure we reach at least the 70's today.

I know at least one that is not listed there, so you are right with your estimation.

The question could be who has an endless supply of funds to continue buying 2500 to 5000 chunks everyday at these low levels.

It is not near Diesel anymore.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56370341

What do you think about the impressive report shared by tech, after his visit to the P2O plant ?

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56370341

Impressive

$4.70 to be precise, and it went to $5.50 less than a month later.

I hope those people covered in time.

Very nice !

Again.... real world vs virtual world.

Are you implying that our output can't be refined into diesel and gasoline ?

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=6897366

Pak-It was formed in 2007 to acquire all of the outstanding stock of Dickler Chemical Laboratories, Inc. (“DCL”). DCL was formed in 1968 to manufacture and sell industrial cleaning chemicals regionally (the Philadelphia ‘tri-state” area). For about 10 years prior to the acquisition the company had consistently recorded revenues in the $5 million to $6 million range with profits in the $200,000+ range. Pak-It purchased DCL stock in October 2007 and on January 1, 2008 merged the DCL Pennsylvania Corporation into a newly formed Florida corporation of the same name. The company now does business as Pak-It™, DCL Solutions, and Vanguard with its administrative and selling office at 221 Turner Street Clearwater, Fl, and the DCL factory leased at 4201 Torresdale Avenue Philadelphia, PA. The DCL factory is situated on about 1.5 acres of land and has nearly 60,000 sqft. of manufacturing space under roof.

Nice !

Everything remains to be seen, so I don't get your point.

So, there is no need to worry about this issue.

Don't you think that management is considering these simple issues ? Hey, I know you don't like JB very much, but stating that he can omit something like this.....

So, are you implying that we won't be allowed to install more processors at the Niagara facility ? Based on what ?