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So are they going to have to add some new oil producing states to the list or doesn't it work like that? ;)
I read an article from over at Kitco and the guy said to short GLD because golds gonna go down to $800. If it does go that low I may buy mine back.
It's sure a lot more fun to watch the price go up than stagnate even if your in long term. I'm not getting my entertainment I want atm. lol
Can't wait till some of the price of this stock is due to oil prices.
I thought John said filter on the stack for medical waste....my bad.
We gonna get paid good to take that medical waste...yea baby.
Forgot who it was already didn't mean to insult you by not responding to your post. Once we get high enough in price i'm gonna have to unload one of my shares and upgrade my membership.
Not trying to speculate on the running temp of the machine, but I would have thought the temps high enough to "autoclave" the bio-hazard material, but apparently we need filters on the stack. Low hanging fruit...yea baby.
O ok I found the news....the air filtration company is supposed to come on board 2nd quarter.
Hey...peanut butter is my thing. Plastic isn't even the end of it. Tons of tires out there for when we hit market saturation. Anyone hear anything specific about the filter company we bought or did that not go through?
Wow PWEB would have been a stellar buy when it went below .04. O well they seem to be very crooked to me. People will end up holding the bag soon I bet.
If we had a chat room I bet it would be nuts.
Posted by: stocker11 Member Level Date: Saturday, April 24, 2010 6:19:08 PM
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Just returned from AGM - nice turnout and professionally conducted - Amy MC'ed.
Ms. Valdez was impressive and indicated that major new contracts have been signed and revenues are turning a corner - they more than doubled the same period last year.
CFO provided financial report which everyone knows about. Hopes it's not necessary to have another Private Placement.
Pak-it has some great ideas and the infomercials are to commence as soon as the automated line is complete - which they anticipate will happen within the next 30-60 days. The reason they have not started already is that some of the machinery
they need is slow getting to them. They are geared up and ready to go out to an audience of 470,000,000 people. China is on line with Pak-It and they expect huge revenues from there in the near future.
Florida is working in parallel with New York and they are working hard on permits and feed stock nation wide. They have 2 congressmen who are extremely exciting with the P2O prospects.
John is an excellent speaker - it not a written speech - off the cuff and never missed a beat. Islechem was extremely skeptical at first - or yeah, here we go again, type of attitude. Within a short time they were very excited with the results they were using some very descriptive adjectives when telling John their astonishment. Their assistance in design and engineering has been extraordinary.
JBII has signed a contract with URS to assist with Licences & Permits nationally and internationally.
Pictures of the prototype were shown at Islechem – unbelievable the number of tubes in and out of different places to test different aspects of the process.
The 20 ton is pretty impressive and the parts needed to make the processor can be made locally (JBII will machine their own piece that relates to the area for the catalyst).
Uplisting – they are at the mercy of the process – all questions have been answered and they will continue to pressure them for a decision. You won’t believe one of their concerns – they’ve never seen anyone return 31 million shares to the treasury – they’re not sure why anyone would do that so they’re trying to figure out whether this is a negative in some way – unbelievable.
In a word – EXCELLENT.
The last mention of a PIPE in a reputable post was right after the shareholders meeting when someone mentioned the CFO ( I think) said he hoped we would not need another one. I don't know if he meant soon or another one period.
Wish i hadn't missed the buy below $1 but I'm averaged in at 1.40 so I am not complaining. If you think about the stuff you miss too much its time to quit investing. Besides when I first saw it I didn't think much of it because of a previous investment in a bio-diesel company that didn't pan out.
We are in the "Welcome to the Machine" stage yet. Not "Money". We are still little known. Maybe it will be like the first ride up from $1, and buying will come out of the blue on no news whatsoever.
I for one am impressed with the price action today. I sold 100 shares a few days ago expecting it to go down even with good news from the meeting. I have to sell 100 shares a month at current price till I find a new job. Don't like to do it, but I am sure glad I have it to hold me over.
Jump the shark? EOM
Its easier to say where we won't get plastic from...Antarctica is the only one I can think of.
Umm are we forgetting Europe, Canada, Central and South America ( have an in already there) Asia...must I go on.
I bet we get paid good cash for medical waste when we get to it.
There is no oil/water separator per se. It is separated in the condenser so the water that comes out is not contaminated at all. Its not like the little desktop one with oil floating on top of the water.
John says he's not worried about reverse engineering of the catalyst. He thinks it would be too difficult.
He said for a "large" placement.
EGMI interesting and scary at the same time at this price. Non-communicating company that it is.
Someone said we will hit market saturation before 2500 units are up. That is a load of crap. There are other countries to get sites up and running. Maybe for better handling of the materials there will be ones set up just for medical waste to be shipped to.
Then there is the other huge market....tires. According to John different parts of the tire can yield different product, so more than one unit (at least) for every tire recycling facility...one for each part of the tire.
People are way overstating how much stock dilution there will be in my opinion. Once revenues start coming in they can use the money instead of diluting the stock. If this works half as good as has been stated its gonna be huge. I don't think we will have to wait for the big revenues to see higher prices. Once it is proven and the world knows about it I predict a Kaboom with sustained price.
They have been making me bored for days talking about all the bulljunk they see wrong with nobody getting on them when they are doing it. I don't worry much. One nugget from John is worth a ton of posts. It gets more exiting as we go along.
I am not going to be at the meeting and I look forward to input on here from those who do attend.
It makes sense to me now how long its taking them to get the machine running full time if they have found ways to reconfigure it to produce different product. Hope they don't wear it out taking it apart and putting it back together.
John said a long time ago they can make 30 or so a month with 2 weeks lead or something. Someone else would remember better than I do.
A good question would be ...Why were you in China? LOL We never got feed about that trip.
Ya Hans thanks from me too for the T-shirt.
In fact since we will be able to process plastic into fuel they may start using plastic more...replacing the cardboard containers because it will be more eco-friendly. Styrephome wont be as taboo anymore.
And they will gladly pay us to take the plastic... John talked about locking in a price for a 10 year period as an example.
And they will gladly pay us to take the plastic... John talked about locking in a price for a 10 year period as an example.
I think everyone is getting sick up jumping all over them too. Either that or they are busy today. Same old crap about competition that was addressed months ago. Same old crap about a market being created for the "junk" plastic. For the most part it comes down to whether or not you trust John's word. So far his track record of what he says will be done is 100%. I trust him more than pretty much anyone I know. How many of the "competition" haven't we already gone through and found they were crap.
Even if they say they want to separate the plastics more so more can be recycled, once they see it can just be made into fuel I am sure they will not bother with the intense labor it would take.
Beer I will not be attending the shareholders meeting. I am sure there will be plenty of posting here for me to read though.
I don't post much anymore, but I do remember a statement by John that said he will not allow a market to be created for junk plastic...It went along the lines of you pay us a certain amount for taking your plastic for a 10yr period or pay what the landfills are charging.
I like the fact he wants to make the processors here in the US or was it Canada?
I was on webex also.
What is the website that will have the link on it for the conference call?
Wow you must really think we are stupid. They even make all stainless steel shotguns for aboard ships...I think most here know what salt does to regular steel. A really important point...lol.