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Everyone here was led to believe that JBII had purchased that property, not leased it. That's why they had to clarify it.
Remember, that's how they inherited the permits!
Permits to build a P2O machine came with the building?
Did you notice that the 10K/A now tells us that JBII hasn't actually purchased the building (contrary to previous filings and PR's)? JBII is paying rent there.
So Steve, Are you saying if i go to Bath NH today and meet with Charles, tour the facility and speak with the staff, I can't come home and buy shares legally?? That sounds like good dd to me
Charles would be breaking the law if he shared any material non-public information with you and you would be breaking the law if you traded on that information (or shared it with anyone).
Making up stuff on message boards about being privy to fictional insider info, however, is a grey area. Good luck with all that.
Has the boom arrived yet? How long has that been?
Gravity.
got a small glimp behind the MOP curtain today...
There are things in the dessert that are just not public yet...
It would be illegal for you to trade this stock now if that were true.
Sorry Jim but, its not going back to .002s
Strong chance that it won't now.
I dare any long to sell 1 million shares and even try to get them back cheaper, it will not happen. This is another low volume shake and we can be super green in just minutes as you all know.
Where'd you go? SBRH was trading close to .006 when you posted this a few days ago.
Is there any sign of "an International company" camping out at JBI's NY site?
I wonder if the guards are still posted.
Total Fees $109,400
Honest John told us via Facebook that first (unreliable) 10K cost over $300k. Why so many discrepencies between the CEO's statements and reality?
However, pinksheets were promised as an absolute certainty weeks ago.
Although pinksheets are an absolute certaintly if the late 10Q isn't filed, you can't show a single post that guaranteed that would happen.
The continuous falsehoods told in support of this company can't be helping it much. Are you shorting the stock?
Learning anything?
About as well as the guaranteed uplisting to NASDAQ.
The biggest difference being JBIIE is still eligible for the delisting. Uplisting, not so much.
Any word on the permits required by the new gas separator and storage system?
Happy Anniversary Everyone!!!
You guys that is always negative, need to get lose. I look for suport not all this BS. Damn
NEW IR hired....English speaking
What a relief. Much easier than filing the financials.
Is this unusual? I've only been through maybe four R/S's but the longest it's ever taken for clean shares was five days.
The skill it takes to design and build tape drives to read these types of tapes (in this condition) MUST be quite high. Therefore, JB must not be the idiot you try to make him out to be.
JB is no idiot. Far from it.
First off, your quoted material doesn't admit to this being a paid or free service. By the use of this question, "Stockholders are OK with this?" you are stating that it was a free service. Admit it, you have no idea one way or the other.
"Mr. Bordynuik did not have a contract with, and was not compensated by, MIT."
http://www.sec.gov/Archives/edgar/data/1381105/000121390010002805/f10ka2009_jbi.htm
How about because he is the only person willing to do it and can do it?
Then he should charge $1,000 per tape, not do it for free.
PROOF THAT JOHN WORKED AT M.I.T.
Not quite - that's evidence that he rents an office outside the MIT campus.
I wonder if this was pro bono too - like his free consulting
He must have a lot of spare time. JBII shareholders are paying for this pro bono work.
JBII has the option to flare the excess gas off, but has chose not to do so for at least two reasons.
It is a waste of energy that can be used to good purpose.
It creates CO2 for no benefit.
Then there is the monetary value of the gas that would be flared off.
You forgot the most important reason:
This is still up:
http://www.johnbordynuik.com/case-studies/mit
Do you have any proof of this? Or once again this is your own personal biased opinion presented as "confirmed"?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44866184
Nobody ever said he was compensated. That's what YOU all are saying, not us.........z
You told us he had a sole-source contract with MIT:
DE-JBI Inc. is not JBII and the 10K/A shows they are still in the tape business.
The relationship between DE-JBI and JBII has always been murky (at best).
DE-JBI Inc. retained those customers, according to the 10K. The just wrote a check to JBII for $180k.
310 Holdings did not buy the business, they bought physical assets.
These assets weren't patents, they were office furniture, tape drives, computer eqpt, and $40k in P2O stuff.
To suggest any of that has value above what it's accounted for is silly.
I'm well aware of the asset purchase agreement the CEO executed with himself by issuing almost a million dollars worth of stock for assets that we're now told should have been valued at $360,000.
Gately provided an appraisal and summary of those assets, and the P2O eqpt is the only one with no details.
Wrong again -- the filings specifically state P2O is part of Data because the filings include a P2O machine as part of the asset purchase JBII did from John himself.
That's quite a stretch. Combining P2O numbers with the tape business while Pak-It and Javaco are broken out separately?
"Data" is also used to refer to the DE-incorporated JBI Inc. Perhaps those are their losses once the salaries of the DE-JIB principles are considered?
I don't know. Makes no sense.
Schwab still hasn't swapped them.
One is even an employee who works in the tape segment. LOL rpg101(sp?)
Good point, the worst exaggeration of the tape revenue did come from the software engineer employed by JBII.
the head chemist in charge of P2O, for example, is paid a salary.
Is his salary factored into the $10/bbl production claims?