CARDINAL rules of investing: NEVER EVER buy more of a losing investment. Sell at 3% (ST) to 8%(LT) loss and wait for technicals. Sell half at 30% gain
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WHO CARES !!! Volume in this stock is totally irrelevant to the LOOMING BANKRUPTCY. The writing on the wall has been there for YEARS. Look at the financials and the price action. $4 to 2 cents... WHO CARES... You have all been duped and its all your fault...
It is hilarious to see all the pumps are now dumps. Reading financial statements is tedious, but a simple endeavor that takes patience. Why would you even invest in a penny stock, it's tough enough to pick a S&P 500 one. The writing on the wall was there years ago, covered by layers of greed, deception, and egos.
I "TOLD YA"... :)
P.S. AT $4 a share...
PTOI bankrupt by Dec 2016. If you read the last quarter filing:
http://ih.advfn.com/p.php?pid=nmona&article=71554700
Notice the:
LOSS OF CASH
NO REVENUES
STOCK WARRANTS - Milk it baby...
INCREASED TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT
INCREASED EXPENSES
HUGE LOSSES
This stock has a book value of -.05 = BANKRUPTCY !!!!!
PTOI bankrupt by Dec 2016. If you read the last quarter filing:
http://ih.advfn.com/p.php?pid=nmona&article=71554700
Notice the:
LOSS OF CASH
NO REVENUES
STOCK WARRANTS - Milk it baby...
INCREASED TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT
INCREASED EXPENSES
HUGE LOSSES
This stock has a book value of -.05 = BANKRUPTCY !!!!!
PTOI bankrupt by Dec 2016. If you read the last quarter filing:
http://ih.advfn.com/p.php?pid=nmona&article=71554700
Notice the:
LOSS OF CASH
NO REVENUES
STOCK WARRANTS - Milk it baby...
INCREASED TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT
INCREASED EXPENSES
HUGE LOSSES
This stock has a book value of -.05 = BANKRUPTCY !!!!!
Buy target .0001 load up and sell at .0002 AN EASY DOUBLE, its coming be patient and be nimble.
PTOI= $4>2>1>.50>.25>.12>.06>.02 You do the math... Savings Account @.005% vs PTOI Stock = SAVINGS ACCOUNT
It will never work unless you see oil triple in price. This company, which changed its name and stock symbol, HAD YEARS to prove itself...FAILED * DONE * OVER
Buy target .0001 load up and sell at .0002 AN EASY DOUBLE, its coming be patient and be nimble.
PTOI trades $2000 daily average. 77,825 x share price, simple math. The stock is so broken. Going to .0001, mark my words. I have been saying since $4, sellers, selling to buying suckers.
Buy at $4,3,2,1,.50,.25,.10,.05, now buy at this price. When should one sell this downward dog? This stock is going to .01 and then .0001. The buyers have been wrong for years, the sellers, seers.
Bankruptcy will be a quarter or two away. With share book at -.03 and Operating Cash Flow @ -1.99M, the patient has bled out. This classic pump and dump stock is text book in nature and was certainly great fodder for my MBA students for the last 3 years.
Disagree Book Val -.03 per share. That's Bankruptcy. Not even worth $1.
Valuation Measures
Market Cap (intraday)5: 4.98M
Enterprise Value (Dec 9, 2015)3: 10.85M
Trailing P/E (ttm, intraday): N/A
Forward P/E (fye Dec 31, 2016)1: N/A
PEG Ratio (5 yr expected)1: N/A
Price/Sales (ttm): 3,008.82
Price/Book (mrq): N/A
Enterprise Value/Revenue (ttm)3: 6,382.78
Enterprise Value/EBITDA (ttm)6: -3.41
Financial Highlights
Fiscal Year
Fiscal Year Ends: Dec 31
Most Recent Quarter (mrq): Sep 30, 2015
Profitability
Profit Margin (ttm): N/A
Operating Margin (ttm): -228,906.65%
Management Effectiveness
Return on Assets (ttm): -33.38%
Return on Equity (ttm): N/A
Income Statement
Revenue (ttm): 1.70K
Revenue Per Share (ttm): 0.00
Qtrly Revenue Growth (yoy): N/A
Gross Profit (ttm): -38.69K
EBITDA (ttm)6: -3.18M
Net Income Avl to Common (ttm): -5.46M
Diluted EPS (ttm): -0.05
Qtrly Earnings Growth (yoy): N/A
Balance Sheet
Total Cash (mrq): 40.51K
Total Cash Per Share (mrq): 0.00
Total Debt (mrq): 5.90M
Total Debt/Equity (mrq): N/A
Current Ratio (mrq): 0.05
Book Value Per Share (mrq): -0.03
Cash Flow Statement
Operating Cash Flow (ttm): -1.99M
Levered Free Cash Flow (ttm): -940.09K
You should buy in at .0001 and buy a thousand shares. This stock is going to .01, rolling !!! This is what my current algorithmic software workup has concluded. Be patient and WAIT !!!
PTOI = Titanic, ever so slowly sinking into the depths of the dark. From $4 to 8 cents. There is NO BUY VOLUME !!! Good luck on this one. This stock is so bad you can't even short it...WOW !!!
Most cant short JBI. Most brokerages will not allow their clients to short PINK SHEET stocks PERIOD, shares available or not. The situation is this... NO BUYERS !!! Makes sense, tremedous supply of anything, no buyers, price goes down, simple laws of supply and demand... So this COMPLETE NONSENSE of dark pools, insiders, short sellers, and stock manipulation is merely a smoke screen created by pipe dreams, a mere fog. The sun comes out and it all disappears.
"evolve the ColorCycle prograpm" BYE JBI. There is no EVOLUTION with JBI hence SEE YA.
Did you ever notice that JBI is NOT a member of the P2O Technologies Alliance? I don't see them on the list LIST here. I realize these companies compete with each other but it would certainly give JBI the credibility and recognition as a serious player in the P2O / Chemistry Industry. "The new Plastics-to-Oil Technologies Alliance will work to increase awareness of the benefits of plastics-to-oil technologies, enhance the industry’s voice through expanded membership and demonstrate broad support for plastics-to-oil technologies through an expanding network of allies."
Actually, I don't even see JBI as a basic member of the well respected American Chemistry Council (ACC) list of members MEMBERS here. I find this very troubling and suspicious that other P2O and fuel producers are listed but JBI is no where to be found. Isn't this an important industry group?
"The value, benefits, and opportunities that membership offers provide an immediate return on investment through:
Powerful advocacy
Enhanced performance and operating efficiencies
New business opportunities
Stronger stakeholder relations
Economic and industry intelligence, research and benchmarking"
No Volume = NO BUYERS You can have a million sellers, WITHOUT BUYERS, you have no stock transactions.
So the question is:
WHY ARE THERE NO BUYERS?
Can anyone shed some light as to WHY IS NO ONE BUYING JBI STOCK?
Summer? NO
Trades PINK SHEETS? Maybe
Delinquent status on OTC market? Maybe
Racially alleged lawsuits/other lawsuits? Maybe
No 10Q / Currently violating SEC 12b? YES
Poor financial performance/metrics? YES
Accounting fraud? YES
Removal of CEO/Founder? YES
POOR Chart action and volume? YES
Broken promises? YES
CONTINUAL and Constant dilution of stock shares? YES
POOR management? YES
Late 10-Qs, high turnover of management? Maybe
JBI trades $4000/day PLEASE. Nobody wants to buy this !!! Would a reasonable investor buy a stock with these metrics?
Operating Margin (ttm): -1,043.09%
Management Effectiveness
Return on Assets (ttm): -60.85%
Return on Equity (ttm): -140.07%
Income Statement
Revenue (ttm): 1.13M
Revenue Per Share (ttm): 0.01
Gross Profit (ttm): 113.52K
EBITDA (ttm)6: -10.88M
Net Income Avl to Common (ttm): -11.60M
Diluted EPS (ttm): -0.15
Qtrly Earnings Growth (yoy): N/A
Balance Sheet
Total Cash (mrq): 2.14M
Total Cash Per Share (mrq): 0.02
Total Debt (mrq): 2.43M
Total Debt/Equity (mrq): 34.11
Current Ratio (mrq): 0.95
Book Value Per Share (mrq): 0.02
Cash Flow Statement
Operating Cash Flow (ttm): -8.83M
Levered Free Cash Flow (ttm): -4.77M
SOLD TO EWE(S)
JBI stock manipulated? NONSENSE !
1. JBII is traded on the PINK SHEETS, "The lowest tier" stock marketplace that makes shorting a stock impossible and going long expensive. Many brokerages DO NOT ALLOW the shorting of pink sheet stocks.
2. Many of the shares are held by insiders, financial backers and employees who's shares are either locked up or they are holding the shares long believing the pipe dream.
3. Volumes are so low because there are NO BUYERS. THEY CAN"T SELL THEIR SHARES ! Think about it, why would you go long a company that is on the verge of bankruptcy? Going long GM is a far cry from going long JBI...different dice.
Bottom line: The VERY DELINQUENT 10-Q (REMEMBER, "Unlike those listed on NASDAQ and New York Stock Exchange, Pink Sheets stocks are not required to meet listing standards.") will bring JBII and it's stock to it's knees. ANY POSITIVE NEWS will see the longs "SOLD TO YOU." You will be hard pressed to find any good news...
"The trend is your friend" JBII $6 > 10 CENTS SPEAKS VOLUMES, THE TREND IS YOUR FRIEND...unless your long.
bear raiding crews? PLEASE $6>10 cents is based on years of broken promises, failures and a balance sheet that looks like this:
Operating Margin (ttm): -1,043.09%
Management Effectiveness
Return on Assets (ttm): -60.85%
Return on Equity (ttm): -140.07%
Income Statement
Revenue (ttm): 1.13M
Revenue Per Share (ttm): 0.01
Gross Profit (ttm): 113.52K
EBITDA (ttm)6: -10.88M
Net Income Avl to Common (ttm): -11.60M
Diluted EPS (ttm): -0.15
Qtrly Earnings Growth (yoy): N/A
Balance Sheet
Total Cash (mrq): 2.14M
Total Cash Per Share (mrq): 0.02
Total Debt (mrq): 2.43M
Total Debt/Equity (mrq): 34.11
Current Ratio (mrq): 0.95
Book Value Per Share (mrq): 0.02
Cash Flow Statement
Operating Cash Flow (ttm): -8.83M
Levered Free Cash Flow (ttm): -4.77M
THAT ACTUALLY EQUALS 1 PENNY
JBI violates SEC 12b TODAY. FAILED AGAIN
JBII EXTENSION HERE 5/16/14
12b-25 Violation explained here
This is why otc markets has them "SEC Reporting - Delinquent" HERE
"The OTC Bulletin Board has a more specific “three-strikes” rule, FINRA Rule 6530(e), that prohibits the OTCBB from quoting the securities of any issuer that is delinquent in its reporting obligations three times in a 24-month period."
"MAY DILUTE THE VALUE OF CURRENT STOCKHOLDERS’ SHARES" This is why it's the beginning of the end...
" increase the total number of authorized shares of common stock, par value $0.001 per share, of our Company from 150,000,000 shares to 250,000,000 shares."
YOU HAVE TO READ THIS -WOW-
"PLEASE NOTE THAT THE INCREASE IN OUR AUTHORIZED COMMON STOCK WILL NOT CHANGE YOUR PROPORTIONATE EQUITY INTERESTS IN OUR COMPANY. HOWEVER, ISSUANCES OF SIGNIFICANT NUMBERS OF ADDITIONAL SHARES OF COMMON STOCK IN THE FUTURE WILL DILUTE STOCKHOLDERS’ PERCENTAGE OWNERSHIP OF THE COMPANY AND, IF SUCH SHARES ARE ISSUED AT PRICES BELOW WHAT CURRENT STOCKHOLDERS PAID FOR THEIR SHARES, MAY DILUTE THE VALUE OF CURRENT STOCKHOLDERS’ SHARES"
JBI violates SEC 12b TODAY. FAILED AGAIN
JBII EXTENSION HERE 5/16/14
12b-25 Violation explained here
This is why otc markets has them "SEC Reporting - Delinquent" HERE
"The OTC Bulletin Board has a more specific “three-strikes” rule, FINRA Rule 6530(e), that prohibits the OTCBB from quoting the securities of any issuer that is delinquent in its reporting obligations three times in a 24-month period."
JBII will DELIST before uplist. Bankruptcy looms... $6 to 10 cents SPEAKS VOLUMES.
They say "NEVER invest PINK SHEET STOCKS that go from $6 to 10 cents". My track record on this stock has been 100% correct. HEED my words, .01 by Jan. 2015 if not sooner. I have no position in this stock other then using JBII in the world of academia. After my 20 year old students researched this stock, NOT ONE of them would have purchased it based on financial metrics. BUT, outside of using metrics and fundamental analysis (we all know EBITA, PEG, PE PB, DE, etc) and doing "research" "online", half of them would have considered buying the stock. In other words, putting Dior lipstick, blazing red, on a pig, certainly makes that pig very attractive. Then the farmer and his family tells us what a great pig she is and her great potential. But put her on the scale and what do you have? A skinny pig, not so attractive. I am convinced JBI was created with great intentions by a very intelligent man. Geniuses, rarely make good business men. That's where it went South. In the military, KISS (PG Keep It Simple Silly) is revered, in business and as in life, it rules our happiness. When we complicate things, we risk damage and possibly death. J.B. complicated everything and then used fraud to survive. It will result in JBI's death... The KISS of death.
"MAY DILUTE THE VALUE OF CURRENT STOCKHOLDERS’ SHARES" This is why it's the beginning of the end...
" increase the total number of authorized shares of common stock, par value $0.001 per share, of our Company from 150,000,000 shares to 250,000,000 shares."
YOU HAVE TO READ THIS -WOW-
"PLEASE NOTE THAT THE INCREASE IN OUR AUTHORIZED COMMON STOCK WILL NOT CHANGE YOUR PROPORTIONATE EQUITY INTERESTS IN OUR COMPANY. HOWEVER, ISSUANCES OF SIGNIFICANT NUMBERS OF ADDITIONAL SHARES OF COMMON STOCK IN THE FUTURE WILL DILUTE STOCKHOLDERS’ PERCENTAGE OWNERSHIP OF THE COMPANY AND, IF SUCH SHARES ARE ISSUED AT PRICES BELOW WHAT CURRENT STOCKHOLDERS PAID FOR THEIR SHARES, MAY DILUTE THE VALUE OF CURRENT STOCKHOLDERS’ SHARES"
Volume joke= $2400 traded today JBI stock. WOW...its getting worse by the day. Looks like 180K traded this week, ONLY 30K volume a day. 1/3 the NORMAL VOLUME.
"The lowest tier of the three marketplaces for trading over-the-counter stocks provided and operated by the OTC Markets Group." The OTC market place click here deems this stock as "SEC Reporting - Delinquent" and "OTC Pink Limited Information". Some brokerages will limit PINK SHEET trades. This is an explanation I found:
"While your brokerage firm account will allow you to trade Pink Sheets stocks, as well as those listed on NASDAQ, the New York Stock Exchange, and other venues, investors should clearly understand that trading practices for OTC securities are different from those of securities traded on exchanges. Your broker or the market maker they route your order to, may not provide you with limit order display or instantaneous executions in Pink Sheets stocks.
Unlike those listed on NASDAQ and New York Stock Exchange, Pink Sheets stocks are not required to meet listing standards. This means there is a wide range in the quality of issuers that are traded in the Pink Sheets, from major international conglomerates to very small companies struggling to survive. Investors must be aware that good information is simply is not available for many Pink Sheet traded companies and that there are unscrupulous individuals that will attempt to defraud investors through manipulative schemes in Pink Sheets stocks."
I hope this is helpful.
JBI violates SEC 12b-25 TODAY. Again...
JBII EXTENSION HERE 5/16/14
12b-25 Violation explained here
This is why otc markets has them "SEC Reporting - Delinquent" HERE
"The OTC Bulletin Board has a more specific “three-strikes” rule, FINRA Rule 6530(e), that prohibits the OTCBB from quoting the securities of any issuer that is delinquent in its reporting obligations three times in a 24-month period."
JBI is currently in viol. SEC 12b-25 Again... another SEC violation...
JBII EXTENSION HERE 5/16/14
12b-25 Violation explained here
This is why otc markets has them "SEC Reporting - Delinquent" HERE
"The OTC Bulletin Board has a more specific “three-strikes” rule, FINRA Rule 6530(e), that prohibits the OTCBB from quoting the securities of any issuer that is delinquent in its reporting obligations three times in a 24-month period."
I cant even short this stock, that's how sad it is...or funny I guess...why? Look at these:
Operating Margin (ttm): -1,043.09%
Management Effectiveness
Return on Assets (ttm): -60.85%
Return on Equity (ttm): -140.07%
Income Statement
Revenue (ttm): 1.13M
Revenue Per Share (ttm): 0.01
Gross Profit (ttm): 113.52K
EBITDA (ttm)6: -10.88M
Net Income Avl to Common (ttm): -11.60M
Diluted EPS (ttm): -0.15
Qtrly Earnings Growth (yoy): N/A
Balance Sheet
Total Cash (mrq): 2.14M
Total Cash Per Share (mrq): 0.02
Total Debt (mrq): 2.43M
Total Debt/Equity (mrq): 34.11
Current Ratio (mrq): 0.95
Book Value Per Share (mrq): 0.02
SINCE 2010,JBII share price $6 > $4 > $1 > .50 > .25 > .10 > .?? If this does not ring the BLEVE BELL, I don't know what would...
maybe a .0001 share price.
DOCUMENTATION where is the 10-Q...that is what we share holders want, DOCUMENTATION !!!
WOW JBI trades $110 all day... (1,125 shares) this is getting SERIOUS FOLKS, VERY SERIOUS. JBII normally trades 90,000 shares daily and that was at a much higher price. NEXT MOVE FOR JBII...
"JBII has announced that it is selling 100 million shares for 1 penny. Sale ends July 1."
That could happen folks...they are running on empty...
Cash Flow Statement
Operating Cash Flow (ttm): -7.61M
Levered Free Cash Flow (ttm): -5.55M
SHORTS holding out for .0001. Why wouldn't you...WRITING ON THE WALL.
FACT: 2011 $1000 JBII = $23 today.
Revenues: 12 million > 700K
GROSS PROFIT 1,359,137 > 44,238
TODAY the
-$2.36 is the Discounted Cash Flow valuation per share
tangible book value of 2 cents
terminal value of $ -0.91
ADD
SERIOUS STOCK DILUTION, Down channel chart pattern, SEC Fraud allegations, lawsuits, removal of CEO/Founder, and POOR MANAGEMENT equals a very poor stock price.
100s making P2O all over the world. You can EASILY buy a machine here JBI Competition Here
By the way, Is JBI a member of the P2O Technologies Alliance? I don't see them on the list LIST here. I realize these companies compete with each other but it would certainly give JBI the credibility and recognition as a serious player in the P2O / Chemistry Industry. "The new Plastics-to-Oil Technologies Alliance will work to increase awareness of the benefits of plastics-to-oil technologies, enhance the industry’s voice through expanded membership and demonstrate broad support for plastics-to-oil technologies through an expanding network of allies."
Actually, I don't even see JBI as a basic member of the well respected American Chemistry Council (ACC) list of members MEMBERS here. I find this very troubling and suspicious that other P2O and fuel producers are listed but JBI is no where to be found. Isn't this an important industry group?
"The value, benefits, and opportunities that membership offers provide an immediate return on investment through:
Powerful advocacy
Enhanced performance and operating efficiencies
New business opportunities
Stronger stakeholder relations
Economic and industry intelligence, research and benchmarking"
"MAY DILUTE THE VALUE OF CURRENT STOCKHOLDERS’ SHARES" This is why it's the beginning of the end...
"increase the total number of authorized shares of common stock, par value $0.001 per share, of our Company from 150,000,000 shares to 250,000,000 shares."
YOU HAVE TO READ THIS -WOW-
"PLEASE NOTE THAT THE INCREASE IN OUR AUTHORIZED COMMON STOCK WILL NOT CHANGE YOUR PROPORTIONATE EQUITY INTERESTS IN OUR COMPANY. HOWEVER, ISSUANCES OF SIGNIFICANT NUMBERS OF ADDITIONAL SHARES OF COMMON STOCK IN THE FUTURE WILL DILUTE STOCKHOLDERS’ PERCENTAGE OWNERSHIP OF THE COMPANY AND, IF SUCH SHARES ARE ISSUED AT PRICES BELOW WHAT CURRENT STOCKHOLDERS PAID FOR THEIR SHARES, MAY DILUTE THE VALUE OF CURRENT STOCKHOLDERS’ SHARES"
1000s of LEGAL P2Os right here...
JBI Competition Here
Compare JBI machine to competition. Look at this photograph:
JBI Pyrolysis P2O Machine Here
How is it SO DIFFERENT then the " 37,165 Products from 152 Suppliers
JBI Competition Here
It's not. Some minor differences in design, hoppers, coolers etc. BUT BASICALLY THE SAME...they all make SPEC #2, #6 and naptha.
JBI does not have their machine listed on THE BIGGEST MARKET PLACE IN THE WORLD being Alibaba. WHY?
A serious investor has to ask oneself questions, many of them. If CISCO didn't have routers for sale on ALIBABA, you would PANIC as a stockholder. So why does JBI not have one product there?
BECAUSE THEY DON'T HAVE ONE FOR SALE !!!
THEY CAN"T KEEP THEIR MACHINES RUNNING, LET ALONE SELL ONE !!!
"MAY DILUTE THE VALUE OF CURRENT STOCKHOLDERS’ SHARES" This is why it's the beginning of the end...
YOU HAVE TO READ THIS -WOW-
"PLEASE NOTE THAT THE INCREASE IN OUR AUTHORIZED COMMON STOCK WILL NOT CHANGE YOUR PROPORTIONATE EQUITY INTERESTS IN OUR COMPANY. HOWEVER, ISSUANCES OF SIGNIFICANT NUMBERS OF ADDITIONAL SHARES OF COMMON STOCK IN THE FUTURE WILL DILUTE STOCKHOLDERS’ PERCENTAGE OWNERSHIP OF THE COMPANY AND, IF SUCH SHARES ARE ISSUED AT PRICES BELOW WHAT CURRENT STOCKHOLDERS PAID FOR THEIR SHARES, MAY DILUTE THE VALUE OF CURRENT STOCKHOLDERS’ SHARES"
WOW ONLY $700 traded today, could be a record for JBI. $700 !!! A RED FLAG THAT THIS BABY IS GOING TO POOP, get the diapers out.