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You should be thanking these guys not publicly attacking their motives. They absolutely rescued this company.
This post is from Glenn R. better known as Tom Cat of the 2 cats
They did not rescue the company but made it worse, look at the share price.
I know how and who these two men got put into position of CEO & COO.
To begin with their backgrounds were so far remote from the petroleum industry that it is a wonder JBI didn't send them back to school to learn about alternative energy and specifically petroleum.
Of coarse we all know the results of their stumbling around and taking orders from people who put them in their executive positions. Some decisions were obviously made with the view of taking JBI private without any concerns of the smaller shareholders. It would seem their lack of knowledge of the basic operations of the processor back fired.
If the past executives were not so dedicated to the whales and represented JBI's shareholders as a whole, they would have relocated at JBI's backdoor and with the amount of work to be finalized, they should have been spending 12 to 14 hours a day at least 6 days a week (like most employees) until the necessary results were achieved. Instead, in the 2 days they were at the factory, they actually thought they were able to run the processors without any knowledge of how they run, processors got damaged.
It should of been hands on over the shoulder management instead of firing knowledgeable experienced employee's and folding those salaries into their own pockets at the cost of the company and shareholders.
I believe small shareholders are able to see better and farther than the whales can see.
What's nice is Mr. Heddle came in as CEO without the whales control. With his background and experience JBI has a much brighter future
BRIGG..
Provided #1&2 processors are running intermittently and #3 processor running in the near near future, my guesstimation for fuel sales for the next Q would be at least the 1 million mark.
In my opinion much better things to come when the SEC announces a settlement with JBI.
MERRY CHRISTMAS TO EVERYONE AND HAVE A FABULOUS 2013
Will there be an AGM this year is the question? I suspect something like "Due to managerial changes within the company, and a streamlined initiative to reduce costs, JBII will be sending investors proxy materials to vote on the following matters". "We will be providing an online format where the CEO will address company issues, and answer questions from shareholders".
If they do actually hold the JBI Jamboree this year, then I think you might hear.. "Mr. Bordynuik will be unable to attend the AGM this year, due to being 'afield' on an important tinkerfarkin mission"
quote]Probably the news of yet another potential SEC problem (Reg FD on SAIC report) is hurting now. Even if the group of PIPErs decides to agree that THEY ordered and paid for the report, it's going to be hard to get the SEC to look the other way when an investment group gets proprietary access to information and regular shareholders aren't even allowed on the property.[/quote].
Kezzek....Again may I ask you" where do you get your information from"
This is way too funny, reading if's, who, where, why,and's and but's about the SAIC report.
OMG, everyone and I mean everyone are damm clueless about how and why this report orignated.
It's pretty clear that JB has told the SEC he will take steps to remove himself from the company's leadership.
I imagine the SEC is happy to give him time to do so before they move forward.
This was a public humiliation. JB was drawn and quartered, tarred and feathered and then run out of town on a rail. They may have even administered a good "pimp slapping" for good measure.
GWMAN:
I agree. That would be my guess too.
Hey look everyone paper profit spreading the good news:
From: PaperProphet 12/28/2011 8:58:59 PM
Just checked my e-mail and got a reply from the e-mail I sent to XTR last week.
---
Kurt:
The terms and conditions of the agreement require the products to meet Canadian specifications prior to purchase. It is our expectation that product will be available by second quarter and XTR plans to purchase all petroleum products available at this and future locations across Canada.
Ken Wootton
President XTR
Sent from my BlackBerry device on the Rogers Wireless Network
rocktenn know a heck of a lot more about jbi that you or any other hubber -- they've worked extensively with john for over a year to hash out this deal... i suspect they know what they are doing.
the recent pr is just the beginning: boy are you in for a surprise soon enough ;)
From the same link that you forgot to copy and paste:
The reason that manufacturers are permitted to put the term "patent pending" on the articles they produce is that it sometimes takes a long time for the patent application to be considered. The patent office must determine whether the invention really deserves the protection of a patent license.
To prevent the public from having to wait for a useful product until the patent license has granted manufacturers are allowed to state that the patent is pending. This would discourage others from copying their invention, while permitting its dissemination. Manufacturers who attempt to abuse this allowance by placing the term "patent pending" on their products when they do not in fact have a pending patent application can expect to be prosecuted.
So the term "patent pending" is a useful one, as it permits products to go to market in advance of a patent license being granted, but it must only be used in good faith, when a patent application has in fact been filed with the patent office.
Gosh, Scion, you worry way too much about JB and the company. Let me put your mind at ease. This will help you to sleep.
How will JBI Inc handle ragger tail wire and paper? Will it be sorted for disposal?
don't you think that RT and JB worked all that out before signing...ragger tail steel and paper.... not a problem. Yes, SMART business people know to cross the T's and dot the I's before signing. Don't you think so?
How is Bordynuik going to pay for it?
Monies available to put down processors.....not a problem
PLEASE, HAVE A GOOD NIGHT SLEEP ON ME!!!!!!
conjecture is running thick here, so lets get some things straight.
-not one family member including myself were notified beforehand about the notice.
-98% of family have their shares in certificate form: untradable at the current moment.
-the amount of shares most family hold is laughable compared to the average "investor" here on this forum. miniscule in fact.
-Not one family member benefited in any way from the recent filing.
The idea that this is a pump and dump run for the benefit of family and friends is ludicrous. its ludicrous because p2o works, and it certainly wasnt created for the sole intention of making family and friends rich.
How do you think it would look to the sec if, a couple days before the recent filings, the family all sold their holdings?
With the likes of certain individuals who analyze and report everything that happens in jbi land to the sec -- you really think john has the breathing room to benefit the family let alone himself with public trading?
Lets have a return to common sense here.
CORRECTION:
Sorry, I have no idea how many years the agreement is for, I thought I read 10 years somewhere but I'm not sure.
dreaminbig:
JBI is supposed to be getting so Chrysler can avoid tipping fees. If Chrysler sees plastic as a revenue stream, they'll use it.
DO YOU THINK THE MORE THIS IS REPEATED, IT WILL SINK IN
john couldn't care less about pushing negotiations and agreements for the sake of pumping the stock so that "investors" will remain happy for a couple of days and then demand more pr's once the euphoria has abated.
John knows what he's got, and i will repeat: he couldnt care any less about trying to pump the stock price to keep the arm-chair hubbers happy.
yeap your right I meant patents....sorry
"They may be unable to obtain a patent"
I guess dreamin is dreaming.....big possibility John will be able to obtain permits
Cowboy Pete......
Its a closed loop system. If the plastic were in fact being burned those gases would need to be taken care of or released. The dec certainly would not have approved the jbi process with an air permit if residual gases were escaping or being released.
Why even question the 1 year+ worth of analysis and work that the dec have done with jbi and p2o? You think you've come up with something that somehow espcaped the NYDEC in over a year of going over the process with a fine-tooth comb? really?
air permit issued! no environmental issues! the NYDEC KNOW what they are doing - hence the long and painful wait for the huge milestone we have achieved today.
And the whole operation emits 16% oxygen back into the atmosphere.
Most manufacturing totally depletes oxygen.
dreambig.....
There really is no need to concern yourself about the permits. Everything is fine with the issuing of the permits.
Just to let you know DEC and JBI know what they are doing.
Processor is running and more will be running soon. They will all be running for a long time.
Two posters are running this board...they seem to go hand in hand
Sure there's pros and cons with JBII and Agilyx's processors.
Without getting into the technical facts your comparing chit, stuck on a stick to a burnable fuel oil you can see through.
I don't understand the stirring of the same pot over and over.
Bottom line JBII is public, Agilyx is not.
So you decide, buy JBII stock or stir the pot forever.
???? VERY CONFUSING STATEMENT ???????
Then there is the carbon problem.
ergo.....comes down to it, there is very few things on the face of the earth that haven't caused cancer, if there in the wrong enviroment.
So don't over fry your eggs.
GO JBI GO
When names of would be buyers of JBI fuels are published, a crowd of crows swoop down, fly away with the names and pick them apart.
The buyer of the Naphtha or any other company that will buy fuel from JBI does not need another DEC.
A BARRAGE OF PHONE CALLS FROM THE UNKNOWN DISTURBING AND BEING UNRESPECTABLE
Part of JBI INC.'s success is because he places a high value on personal integrity and represents both his customers and himself in an ethical and respectable manner.
CONSENT NO CONSENT...BUD NO BUD.....WASTE SOLID NO WASTE SOLID.....PERMITS NO PERMITS.....ALL HOGWASH
MACHINE IS RUNNING AND WILL BE RUNNING FOR A LONG TIME.
>>>>>>> GET IT>>>>>>>>>>
Who gives a HOOT what others say or think about JBI.
So what. if JBI is getting paid or not.
P2O machine is running and will be running for a long time to come.
Lots of people like to talk to hear themselves, especially when it gets darker on the other side (of the moon).
All this talk about the SEC coming after JBI (hogwash). Haven't seen them or heard from them in two and half years JBI has been in operation. So pray tell me, when are the SEC coming to JBI doorsteps.
JBI Company is strong and getting stronger with every negative talk of the Company. This pushes the CEO to work harder and harder for the company and its shareholders to give them the best.
I'm the "aunt", so yes, I am biased. I have seen how hard this person has worked day and night to get JBI to where and what the shareholders expect from the company.
ALL TALK WILL BE IN THE DUST ANYWAYS.
Your dad would have to own at least one share to be able to go with you to the AGM
And no, certain people I do not work for the company so don't even start. Meant to say I will get someone else to check the date out
Everyone is important to the company I will look that date up.
Jcoukr...I will personally follow up on your request and make sure that someone dealing with the P2O part of the business does indeed get in touch with you.
John has been very very busy with other aspects of the P2O that there really has been no time for John and his assistant to catch up on the emails right now. There are others in the company (JBI) that are putting all applications to one side in order for John to review them.
Can you PM me the exact date of the application.
Thanks
How do you know that JBI is making unsubstantiated claims about a secret catalyst. That is like speaking out of a forked tongue, or doing the work of 3 men Curly,Larry and Moe.
Why don't you just open your mind and go to the JBI factory and see for yourself. But, of coarse one would never allow their mind to venture for the truth.
If a call was made to your friend and mine Mr.Holgarth (former owner of Pioneer Gas Bars) the truth about me (Glenn Robbins) and JBI is there for the taking.
A small amount of knowledge can mislead people into thinking that they are more expert than they really are.
(a little knowledge is a dangerous thing)
My guess would be 20,000 US gallons a day. This is a rough average.
It also depends on location , rural,city, how assessable the location and naturally price would affect volumes at the gas bars.
Gas bars (filling stations) along super highways, I have no real idea about their volume. I do know one gas bar we had on the corner of highway 20 and Regional Road 24 did sell way over 20,000 gallons.
JBI, present small plant could near supply an average gas bar with 24 hours of operations
Based on the way your "fuel" appears, I don't doubt that you would be smoking out your neighbor with your mower running on it.
You absolutly right techisbest. The lawnmower will not start with his fuel...LMAO
PS. TEXT BOOK CLASSIC!!!!
Raw and Brigg are there. No denying that. Been with the both of them. They are enjoying themselves, mingling with the employees at the JBI factory
'wEaReLeGiOn.......Do your very good friends and mine the Hogarths from Pioneer Gas Bars think that JBI is a "BIG SCAM" too?
Have you called them like I asked you too..I guess not your still claiming JBI SCAM
PKG.... HOW ABOUT THIS FACT...
What makes you say NOT ONE GALLON has been produced.
Can you prove such allegations.
Have you been at the factory to see this.
Did JB inform you, that no oil was produced.
Did you get this information from your astrologer.
Did a shareholder pass this information on to you.
With the knowledge that you think you have on what was produced.....I suggest you BUY and SELL your stocks on JBI with your information.
What do you think?
Roth ira 3000.....I could not of said that better:
in regards to the catalyst, it IS protected by a kill switch. Mess with it and the system goes into shutdown mode and license is voided "DONE"
I think this is worth sharing:
I want to THANK YOU XXXXX XXXXX for posting positive Early photos of P2O working. Just reminds us of how far the process has evolved.
The past plant and its operation barley resembles the UPGRADED plant of today.
JBI will soon be generating revenue from plastic waste.
Thanks for helping to put even more confidence in JBI and P2O
I guess some people on this board need to be reminded.
If you look in the State of Competition Hearings Hansard records of the Petroleum Industry hearings in Ottawa of 1979 to 1985, the chairman of the hearings commission ( Mr. McClellan) ruled gasoline is gasoline ( that ruling has not been revoked)
due to the fact that:
1. Refiners trade product in different areas due to one companies or the others lack of refining capacities, tankage, pipeline facilities, or for economies of trucking
2. The fact that if you sit outside at any refiners shipping rack you will see all the companies entering and leaving a paticular refiner that is including suncor, shell, imperial oil, pioneer and eventually P2O tractor trailers
So when your mother pulls into any gas bar her guess as to who's refinery gasoline is going into her car is as good as chairman McClellan guess