did this deal close in march? were more details provided at the agm?
And now, from the new company spokesperson...
Posted by: laurap Date: Friday, May 07, 2010 10:46:16 AM In reply to: 2bigcats who wrote msg# 26108 Post # of 41164
It is no longer my property to tell you where it is.
did this deal close in march? were more details provided at the agm?
NIAGARA FALLS, Ontario, Feb. 12, 2010 (GLOBE NEWSWIRE) -- JBI, Inc. (the "Company") (OTCBB:JBII - News) announces that it has purchased a New York property for business expansion. The facility will be used for P2O processing and consists of a warehouse, processing building, weigh station and office space located on 10 security-fenced acres with parking availability for 27 trucks. The property, located in New York, was purchased for $100,000 down with a $270,000 loan and will serve as a primary P2O site. Additional details will be provided at the Annual Shareholders' Meeting
Posted by: 2bigcats Date: Friday, May 07, 2010 3:45:36 PM In reply to: laurap who wrote msg# 41103 Post # of 41164
The storage tanks are usable except for Tank #2 (out of 13 of them). The acquisition did close (as per the Feb PR), we have possession, and our staff has been working there preparing it for fuel.
Posted by: 2bigcats Date: Friday, May 07, 2010 6:16:03 PM In reply to: None Post # of 41164
JBI acquired the fuel blending site as described in the PR. It did close. It is up to the company to release any further details. As the price was under 3% material threshold, it is not material and therefore an address does not need to be provided to stock bas**r and fence jumpers.
JBI acquired the fuel blending site as described in the PR. It did close. It is up to the company to release any further details. As the price was under 3% material threshold, it is not material and therefore an address does not need to be provided to stock bas**r and fence jumpers.