SwingTrade Member Forum

[stonehenge]

JBII CC Resume:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58062007


*While allowed operating, a newer air permit is being worked on for more than 1 processor at NY site;
*First time in NY State history that a factory can produce in anticipation of definite permits;
*Fuel tested by Intertek & other company
*Perfect JBI loop of Recycling facility - P2O processors - blending site
*3 roll out scenario's:
1. Large plastic stream producers -> machines on their property;
(Think carpet manufacturing companies, agricultural firms, industrial component holders)
2. Waste material handling companies -> machines on their facility; (THINK WASTE MANAGEMENT INC.!!!!!)
3. JV's still a go (AL SOUSA STILL ON BOARD !!!!!)
*Building more machines @ NY Facility
*Colin Robbins: expert in the petroleum industry, very excited
*Possible future tweaking could lead to blend in processor (I have to re-listen the CC on this point).

*Processor is currently handling 2,000 pounds per hour
*Break down of the cost model:
-no costs for feedstock;
-93.2% of all potential plastics is interesting to JBII because it is NOT being recycled;
-2% residue can go into landfills for as less as $30.-/T;
-costs of electricity $5.- per hour, $7.- worst case;
-2 employees per machine
-$25.- per hour per employee

All in all, astonishing developments.

IMHO THIS COMPANY IS GOING TO BE SO HUGE, YOU CANNOT EVEN START TO IMAGINE.