SwingTrade Member Forum

[MikeDDKing]

JBII is a stock with a lot of potential. I have a very small position and am watching it like a hawk to add to my position. Here is how I would summarize the current situation and potential:

1. They are making significant progress in developing their P2O business. They recently signed a consent order with the NY DEC which gave them permission to start commercial operation at their pilot plant in Niagara Falls, NY. I expect that the next indication of progress will be news of fuel sales.

2. Recently, they have been short on details regarding the economics of their P2O business. Earlier they stated that they could make fuel for $10/barrel but we haven't seen recent confirmation of that number although they did provide some cost information in their recent conference call. They are planning multiple different business models to deploy their technology each of which I presume will have different economics. If their cost is truly $10/barrel or even close to it then IMO this stock will be a multi-bagger from here.

3. The P2O business is one that will scale nicely allowing profits to grow rapidly.

4. They do need some funding as they are running low on cash. I expect to see some sort of financing announcement in the next one to three months.