Monday, November 29, 2010 10:28:03 AM
Latest Development: The application for the air permit has been submitted!!!. Now it's just a matter of time before JBII goes into FULL PRODUCTION.
Canada has approved an air permit for JBII!!!
JBII Passes Stack Test with Flying Colors.
http://cobrand.knobias.com/templates/aware/story1.3.htm?eid=3.1.87115b79f546022e7939911d4ede5010cf0d57528c4358d5018c5a693c3e0c79
From what we've heard, the New York DEC is excited about JBII's Process, so they should expedite the permit and it should be approved at any time now.
JBII will certainly have a large Media Event announcing they are going into Full Production when that happens.
JBII P2O Processor Rockin and a Rollin:
I've always been a proponent of the Bottom Line. So what IS the bottom line here?
To me it's very simple.
JBII has a 20 Ton Per Day waste plastic to diesel processor that is light years ahead of the competition:
It eats waste plastic, and spits out: 90% high grade Diesel, 8% Natural Gas, and Butane, and only has 1% non toxic residue.
It's Green. There are no toxic emissions whatsoever:
It's operational. It works.
It's been independently validated to work by IsleChem (a very high class company run by salty, seasoned, brilliant CHEMISTS).
250 Shareholders saw it running full bore at the AGM which was attended by over 450 shareholders.
One day very soon, there will be a press release that states the company has received their air permit, and is commencing production.
They will most likely announce that they have sold the fuel that's in those tankers outside the building where they've pumped all the diesel from test runs.
A media event will occur and be attended by major media outlets.
Everyone will then realize that it's for real.
And I anticipate intense competition for shares at that time.
Then we have Pak-It with it's elegant solution of putting cleaning chemicals inside water soluble packets.
Pak-It has been generating profits all along from sales to businesses like Home Depot, and has now started to penetrate the retail market.
Karcher is already selling the Pak-It cleaners on Amazon, and they are now in your local WalMart:
Then we have Javaco, the little sister of the bunch, who recently reported a 52% increase in revenues. Javaco will give us a Plastic2Oil foot in the door for Mexico, and South America, since they already have a presence and extensive contacts there.
And last we have the 'sole sourced by NASA' vintage computer tape reading business that's been placed on the back burner until P2O becomes operational. We have a 100,000 tape backlog of NASA tapes at the moment, representing $2.2M in revenue. Addax Petroleum is already sending in seismic computer tapes to be converted to modern media. Other oil companies are sure to follow. Our company is the only one in the world that can guarantee 100% accuracy in reading these 40+ year old tapes. There are millions of them needing to be read and converted to modern storage. NASA has millions containing satellite data. Oil companies have millions containing seismic data.
So there you go.
The Bottom Line: JBII is on the verge of generating a significant increase in profits for her shareholders... imo.
z
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