InvestorsHub Logo
Followers 47
Posts 4674
Boards Moderated 0
Alias Born 07/23/2003

Re: None

Tuesday, 07/17/2012 4:14:40 PM

Tuesday, July 17, 2012 4:14:40 PM

Post# of 312016
RockTenn is a very important partner for JBII. Last August a joint announcement was made describing a 10 year agreement for JBII to mine RockTenn's plastic monofill landfills sites and to process plastic was generated by current operations at RockTenn. It is estimated RockTenn generates 2000 tons of plastic waste per day. That plastic waste has been accumulating in monofill landfills for many years. It is conceivable the plastic waste available in the landfills amounts to millions of tons; plastic waste that could be processed into fuel by JBII.

JBII has recently hired two new executives that were formerly long term employees of RockTenn as the new CEO and new COO. Those two employees chose to leave RockTenn after working with JBII over the past year.

It is interesting to note that RockTenn is apparently doing very well. RockTenn's stock price is up $3 today and nearly $10 in July. It is my opinion the fact that these two new JBII employees chose to leave RockTenn who were fully aware of JBII's operations, bodes well for JBII.

Apparently my previous post on this subject was deemed off topic so I thought it necessary to explain the relevence to JBII.