Friday, January 01, 2010 10:54:12 AM
To summarize: JBII has Just acquired another company (PAKit) that will now be groomed to market its patented P2O process.. They have developed a method that has been independently confirmed now, to process waste plastic into gasoline (P2O).. The last step I believe they are engaged in now is to assess/guage mass production capability and/marketing ..
Got in @ 1.42 ... exited @ 3.50 in one week and today its sitting at 7.25 and looks to have institutional interest/buyers since it crossed into 3 dollar territory/seeks a NAZ listing and has zero debt and the CEO just retired 12M of the 54M shares OS.
There is pretty good starting DD on the board:
http://investorshub.advfn.com/boards/board.aspx?board_id=15341
If you get bored, have a look, love to hear what you think.
Do your own DD and do not trust mine... ;-)
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