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Re: fourkids_9pets post# 166357

Monday, 02/20/2012 10:53:09 AM

Monday, February 20, 2012 10:53:09 AM

Post# of 312015
Thanks for adding some of the questions to your list.

Please add the following.

According to the company’s filings, the company entered into a consulting service contract with a shareholder, where the minimum future payment is equal to fifty percent of the operating income generated from the operations of two of the most profitable devices and 10% from all the other devices in marine industries. Would the payment to the unnamed shareholder of a minimum of fifty percent of the operating income be coming from the two most profitable P20 Processors and the other 10% from all other P20 Processors in the marine industry?

Please change my previous question to now read:


The DEC recently increased feed rate to 4,000 lbs. or two tons per hour per processor. This increase would result with a need of approximately 120 tons of free plastic per day, for running three shifts with an hour down time per shift at maximum input feeds. Is the company currently receiving at least 120 tons of free plastic per day, that can be processed to meet this need?





I think it's also fair to add the two other questions you left out, as positive answers could support or increase the share price. John and his council are smart enough to decide how or not to answer.


Please reconsider adding these two questions and leave it to the company to decide how to respond.

Has the company started planning on any succession alternatives, if John is found guilty and barred?


Has the DOJ been in contact with and investigating JBI or anyone affiliated with JBI, as a result of the SEC investigation, or for any other reason?


You have to agree, if John can say that the company isn't being investigated by the DOJ, that the statement would certainly make the shares of the company more attractive.

Thx - Art