top notch post, guzaling !!!!!!!! i think it reflects the sentiment of many pipe investors.
lets look at it simplistically.... if you [anyone] bought into the pipe at the .80 level, you OBVIOUSLY believed in the future of the company, and felt that price was an excellent point of entry, which it was. i dare say any of the pipe holders probably
are looking for a much greater return of investment than say... a dollar even... and will undoubtedly hold well beyond that.
i for one am extremely confident with my massive position here. and, a couple of things are fueling that level of confidence.
one, the stack test, [if it hasnt happened as yet], is imminent, virtually by the day at this juncture. and, when it passes, no doubt with flying colors, the necessary operating permits should follow within a two week period, at the most from my intel.
my intel has led me to believe that JG Mooney, is quite possibly one of the most astute investors with an intimate knowledge of the P2O process. and his presence makes my comfort level in JBII, the JUGGERNAUT exponentially higher.
This is what is Simple: Bottom Line of JBII(With Photos):
Latest Development: Production Permit Imminent!!
I've always been a proponent of the Bottom Line. So what IS the bottom line here?
To me it's very simple.
JBII has a 20 Ton Per Day waste plastic to diesel processor that is light years ahead of the competition:
It eats waste plastic, and spits out: 90% high grade Diesel, 8% Natural Gas, and Butane, and only has 1% non toxic residue.
It's Green. There are no toxic emissions whatsoever:
It's operational. It works.
It's been independently validated to work by IsleChem (a very high class company run by salty, seasoned, brilliant CHEMISTS).
250 Shareholders saw it running full bore at the AGM which was attended by over 450 shareholders.
One day very soon, there will be a press release that states the company has received their air permit, and is commencing production.
They will most likely announce that they have sold the fuel that's in those tankers outside the building where they've pumped all the diesel from test runs.
A media event will occur and be attended by major media outlets.
Everyone will then realize that it's for real.
And I anticipate intense competition for shares at that time.
Then we have Pak-It with it's elegant solution of putting cleaning chemicals inside water soluble packets.
Pak-It has been generating profits all along from sales to businesses like Home Depot, and has now started to penetrate the retail market.
Karcher is already selling the Pak-It cleaners on Amazon, and they will soon be in your local WalMart.
Then we have Javaco, the little sister of the bunch, who recently reported a 52% increase in revenues. Javaco will give us a Plastic2Oil foot in the door for Mexico, and South America, since they already have a presence and extensive contacts there.
And last we have the 'sole sourced by NASA' vintage computer tape reading business that's been placed on the back burner until P2O becomes operational. We have a 100,000 tape backlog of NASA tapes at the moment, representing $2.2M in revenue. Addax Petroleum is already sending in seismic computer tapes to be converted to modern media. Other oil companies are sure to follow. Our company is the only one in the world that can guarantee 100% accuracy in reading these 40+ year old tapes. There are millions of them needing to be read and converted to modern storage. NASA has millions containing satellite data. Oil companies have millions containing seismic data.
So there you go.
The Bottom Line: JBII is on the verge of generating a significant increase in profits for her shareholders... imo.
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