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Friday, December 18, 2009 3:01:08 PM
Latest News Headlines for JBI Inc
JBI, Inc. Will Become Debt-Free on December 29, 2009
Friday 12/18/2009 9:10 AM ET - GlobeNewswire
JBI, Inc. (the "Company") (OTCBB:JBII) is pleased to report that all corporate debt, including accrued interest, will be paid in full effective December 29, 2009. The Company's debt-free status will then result in a monthly savings of over $26,000 in interest payments. The debt will be paid off without dilution to the Company's shareholders.
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