News Focus
News Focus
Replies to #11001 on Dump The Pump
icon url

laurap

02/15/10 11:10 AM

#11003 RE: Buckey #11001

you can't help but wonder if the jbii media/pump blitz doesn't have something to do with those 3.5m kidd owned shares coming off restriction.
icon url

scion

02/15/10 11:45 AM

#11010 RE: Buckey #11001

Maybe the fuel blending site needs expensive clean-up.

JBI, Inc. Acquires Large Independent Fuel Blending and Distribution Site
[...]
The site was previously used to blend specialty fuels, and blend toluene and other additives with low octane fuels to make gasoline for use at the pump. The site also previously blended specialty fuels including heating oils and other heavy fuels. Originally, costing about $3,000,000 to outfit, the site previously generated over $230,000,000 in annual revenues. Historically, the site supported 80 tanker trucks per shift and used four high speed bottom loaders to fill the trucks.

A purchase agreement in the amount of $130,000.00 has been signed and the Company anticipates the transaction to close within 30 days.
http://finance.yahoo.com/news/JBI-Inc-Acquires-Large-pz-416916477.html?x=0&.v=1

This new JBII board member should be able to help with that aspect -

Theodore J. Henry, Age 41, Theodore J. Henry, graduated Magna cum Laude in 1990 from Loyola College of Maryland with a B.S. in Biology. Mr. Henry then received his Masters in Toxicology in 1996 from the University of Maryland, Baltimore, graduating Summa cum Laude.

As an environmental consultant, Ted worked as a technical advisor to community organizations participating in the cleanup of contaminated sites and developed community involvement programs for government entities looking to proactively involve stakeholders affected by contamination and the cumbersome cleanup process. During this time, he worked closely with a variety of government and regulatory agencies, including the U.S. Environmental Protection Agency, U.S. Department of Defense and several state health and environmental agencies, and served on a variety of advisory and policy development boards and workgroups, including several on which he served in a volunteer capacity for multiple years.

http://www.sec.gov/Archives/edgar/data/1381105/000121390010000532/f8k21210_jbi.htm

WRITTEN AND ORAL TESTIMONY NEW YORK STATE ASSEMBLY PUBLIC HEARING ...
Theodore J. Henry, MS. Toxicologlst and Community Involvement Specialist. Henry & Associates, LLC...

http://www.ny-brownfields.com/PDF_Files/Henry_Statement.pdf