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The annual report stated that the cooling coils froze last December and thus no production w/o $175,000 to $200,000 to repair them. I guess a company that converts plastic to fuel cannot even heat their own production building. Probably did not pay the power bill. Unfortunately, they could of burned the plastic just sitting around to heat the facility.
Maybe drop to a nickel & buy back. SIRI always seems to drop after the quarterly report, good or bad.
Sell!!!!
The last time I checked 2 years was 24 months.
700 million Crayola markers or flies cannot be wrong.
GV, you are so right. I believe SoundExchange is suing SIRI for under payment of royalties for $50 million. Peanuts for SIRI and they also have to win in court. I bought in at .86 when SIRI XM was about to be delisted and followed up w/ buying on the dips and selling on the tips. I made enough $ to pay off a 5 bedroom house in Puerto Rico. Stay long. The suit will be thrown out.
Impressive Skywalker, most impressive.
Settling a bogus lawsuit is the best news of the year. The other bogus lawsuits have been thrown out as being w/o merit. Rinky dink wastes of time.
That must be in Yen.
I hope that is 281 barrels and not the current gallons/day.On average.
The SEC case was supposed to bankrupt JBII with $ millions in fines. DID NOT HAPPEN. Pink sheets by their very nature are "Buyer Beware". Honest John's legal problems are his own not JBII's.
I will take the cake and eat it.
JBII gross revenue of fuel sales has already exceeded legal costs because of the frivilous nature of these BS lawsuits. Lawsuits filed by people who were given free shares of JBII in compensation for their release from employment.The very vindictive nature of these lawsuits should result in a judge's dismissal because of their frivilous nature.
I believ the "judicial benchslapping" should be a "judicial bitchslapping"!
Esley has had her "day in court" over 50 shares of JBII given to her for free. I cannot believe Justice Nightengale did not "out of hand" toss out this suit that is only a vengeful act by a woman scorned! The members of this board have gotten hung up on minutiae and cannot see the forest for the trees. PTO is the main event and do not let what is behind block the path ahead.
Elsley has 50 shares of JBII that were a gift and thus she has no investment out of pocket. What lawyer would tale this weak case of which $20 would be the lawyer's contingency fee? What a joke! The fact she was fired from Pakit should show the judge this is a BS case. The law is an ass!
We now know that PTO was a fraud and Isle Chem of Grand Island, NY was either dupted or in on the scam. I propose a class action suit against Isle Chem and they can defend their testing, analysis and process evaluation of JBII's PTO process.You cannot get blood ($) from a turnip (JBII). NY lawyers contact me at whippingpost@aol.com.
Rauber did live up to the German defination of his name, ROBBER. JB showed him the ropes and he hung us all. Thanks for nothing.
What was his job? To crater the stock? Mission accomplished. The RATS are jumping ship.
The baby has been tossed out with the bath water. To keep investors in the dark is criminal. Honest communication would go a long way to explain what progress is being made and not excuses. Panic mode has set in due the "Honest" John's pump and dump tactics and lack of any PR.
Isn't Flordia the "Sunshine" state? Get a rake and put some prison inmates to work. Florida has plenty of both.
Spring has sprung. The sun will shine tomorrow and dry out the plastic stored outside. Put JB out there with a rake and start drying out the feed stock.He would at least be good for something other than hyperbole!
Agreed. Plastics going to a landfill have negative value because the producer has to pay to have it removed, transported and then charged fees to be dump into the landfill.
Isn't all fuel toxic? Some is more toxic than others.
We never hit $2. JBII has taken over from SIRI for me to sell on the tips and buy on the dips. Plenty of both.
The shorts screwed the pooch or vice versa.
RKT should have end loaders and trucks on site that are probably ready to dig and haul the stored plastics. RKT gets the fuel so it is a win win.
I would believe that most sites are lined with the rubber matting to prevent leaching into the ground water. Sand should not be a problema.
Rinky Dink. A company can have many sources of income and expense at the same time. The SEC gave JBII a walk. The settlement was nothing like the deal HSBC made with the Justice Department after laundrying Mexican drug money, Iranian oil money and Russian mafia money. HSBC was even in on the LIBOR interest rate fixing scam. Everything is relative.
Agreed. Cash flow will eventually yield profit. No small cap can lose $ and recapitalize w/ PIPES to the detriment of longs. Keep the faith baby.
JBII & Bordynuik are not convicted of fraud. SEC settles for tiny fines of $150000 & $110000 respectively. The minor accounting error results in no disgorgement and even the cavet emptor warning is lifted from JBII stock. A win/win for the longs and sky rocketing stock price that has no upper limit in the short term. The Dow heading for record levels, the pedestrian investor returning to mutual funds and an uplisting in JBII's future. Happy Days are here again!
As long as lawyers exist there will be trivial lawsuits. Anyone can sue for anything but winning a lawsuit is another case. So sue me.
I agree. JBII will be up listed and in a takeover battle between 2 energy giants and the bidding war will make all of longs millionares. Keep the faith baby!
Lawyers would have dragged this rinky dink accounting error on for weeks if not months. The SEC has 100s of lawyers and has no intent to let up once in a trial. Everybody loses at trial, especially the share holders.
The SEC never had a case. The $10 million in media credits were approved by the SEC when a company was transferred to JBII. Total BS attacking an OTC stock when the banksters, Wall Street firms and hedge funds all walk after comitting fraud and thieft of their customers assets.
$150,000 for JBII and $110,000 for John. Peanuts. The naysayers have been put in their place. Time to blast off w/ JBII.
The cheaper the shares, the better the buy.
Wow! Bulgaria now has one book!
Higher volume = higher bid. I hope.
JBII is like a religion. You have to keep the faith baby.