SwingTrade Member Forum

[Rawnoc]

JBII thoughts on 8/30/11....

I think JBII is a potential grand slam out of the park home run. Here's why:

(1) JBII has developed the first and only viable green energy process in history as validated by these extremely credible entites including a nice list of multi-billion dollar public companies:

General Motors (NYSE: GM)
Rock-Tenn/Smurit-Stone (NYSE: RKT)
OxyChem (NYSE: OXY)
Waste Management (NYSE: WM)
Chrysler
Billionaire Middleeast Investor(s)
Coco Paving
Two New York State Senators
The Mayor of Niagara Falls
New York Department of Environmental Conservation
Islechem, the private R&D lab of a $90 billion NYSE: OXY
Conestoga-Rovers and Associates
Intertek
PetroLabs
Alberta Resource Council
Southwest Research Institute

(2) JBII just barely began making fuel sales from waste plastic and already showed a handsome gross profit margin on those sales.

(3) "As of August 19, 2011, with a NYMEX crude price of $82.81, Coco Paving is presently ordering and purchasing full tankers of petroleum distillate at $109.80 per barrel. Coco Paving has stated it is pleased with our Plastic2Oil fuel and they are ordering from the Company on a regular basis."

(4) JBII's first P2O processor has been in development for quite some time. They are now in the process of adding 5 more processors including three with their exclusive NYSE: RKT contract:

http://www.plastic2oil.com/news/2011-press-releases/20110808-jbi,-inc-announces-a-ten-year-agreement-for-commercially-viable-conversion-of-waste-plastic-to-fuel.aspx

(5) What are the company's current priorities?

The company's current priorities include installing two additional processors at the Niagara Falls, NY facility in order to become cash flow positive as quickly as possible, and manufacturing three processors for an initial North American RockTenn site. Additionally, we are in various stages of fuel testing with high volume fuel users, so that large fuel supply agreements can be finalized. Management anticipates that access to project financing for multiple additional processors will be forthcoming, given our access to free feedstock along with the closing of large fuel supply agreements. These priorities are being attended to simultaneously by company management.

http://www.plastic2oil.com/investor-relations/faq.aspx

(6) Niagara Falls Mayor Paul Dyster said, "Every waste hauler in the United States, Canada, and a lot of other places, is going to have one of these units located on site, because now they can take plastic they would otherwise pay to landfill, and they can convert it into fuel to run their vehicles."
http://www.wivb.com/dpp/news/niagara/Falls-business-turns-plastic-into-fuel <~~~watch the video

"The city of Niagara Falls, New York and JBI, Inc. have reached a big milestone. JBI, Inc. -- Plastic2Oil was granted a Solid Waste Permit to commercially operate its Niagara Falls facility with three Plastic 2 oil processors," said Mayor Paul Dyster, Niagara Falls, NY. "This is a huge positive economic boost for Niagara Falls -- especially in these tough times. It will ultimately create hundreds of new green jobs for Western NY, eliminate waste plastics from going into our already expansive landfills, and provide North Americans with cleaner and greener sulfur free fuels."
http://www.plastic2oil.com/news/2011-press-releases/20110617-nysdec-issues-permits-to-jbi-for-plastic-to-diesel-conversion.aspx