Plastic2Oil Inc (PTOI)

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Welcome back! Always good to have you here.

Wondering if he can use this for his free media exposure?


Share Monday, January 11, 2010 6:09:09 AM
Re: seabreezing post# 19218
Post # of 98825

News 8-28-2009:
JBII Acquires Javaco Inc. Purchases Media Credits.
NIAGARA FALLS, Ontario, Aug. 28, 2009 (GLOBE NEWSWIRE) -- JBI Inc. (OTCBB:JBII - News) is pleased to announce that the Company has completed the acquisition of Javaco, Inc,, an international distributor of communications and cable gear that distributes more than 100 lines of equipment, ranging from fiber-optic transmitters to RF connectors. Javaco, Inc., a member of Inc. 5000, is a profitable, well-managed, growing company with current revenues in excess of $6 million and a strong presence in Latin America. With offices in Mexico City and Columbus, Ohio, their highly-technical staff strives to provide viable solutions for the ever complex telecommunications industry. Visit http://javacoinc.com for further information about Javaco, Inc.
Javaco, Inc. was purchased for $150,000 USD and 2.5 million shares of restricted common stock.
In addition, for an additional one million shares of restricted common stock, the Company acquired approximately $10 million in U.S. radio and newspaper prepaid advertising covering 10,000 newspapers and 6000 radio stations. The completed package resulted in a total asset purchase of approximately $15 million. The Company believes that the media advertising will be beneficial in promoting the expansion of the P2O technology and processors as well as the previously-announced planned acquisition of the chemical company's products and services.