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This means a permit is virtually guaranteed, since there are no emissions to worry about, and the NYDEC loves JBII.
JBII: P2O Processor in Action:
It's Raining Diesel!!:
JBII is now listed on the #1 Top Tier of the OTC: OTCQX
Current Status: First 20 Ton continuouse feed production machine is only waiting on the air permit which is due to be approved at any time. When that happens, full Plastic2Oil production will commence.
A media event will spread the news.
There is a surplus of Butane that is being compressed for use/Sale.
The Company has hired WithumSmith & Brown, an accounting firm rated in the top 30 in the U.S.:http://Withum.com .
Fuel Output:
20 Ton Continuous Feed Production Machine Video:[/color]
JBII Plastic to Oil Video Presentation Part One:
JBII Plastic to Oil Video Presentation Part Two:
JBII Plastic to Oil Video Presentation Part Three:
JBII Plastic to Oil Video Presentation Part Four:
The AGM on 4-24-2010 was a huge success. 450+ Shareholders were in attendance to witness a very professional presentation about the company and her prospects for the future.
Some of those were able to get an up-close and personal view, and saw a tap being opened, and hot diesel coming out. A jar of this was passed around. It smelled and tasted exactly like diesel/gasoline.
Also, we were told there was more natural gas produced than is used in the heating of the machine. That gas is being compressed and stored.......Makes for some interesting speculation.
5-12-2010: PAK-IT Introduces Traction-Pak(TM) to Reduce Slip & Fall Accidents
5-6-2010: Dr. Robin Bagai appointed to the Board of Directors. This complies with NASDAQ requirements.
* JBI's P2O solution is repeatable and scalable. * Approximately 85-90% of the hydrocarbon composition in the feedstock is converted into a "near diesel" fuel. * Approximately 8% of the hydrocarbon composition in the feedstock is converted to a usable off gas much like natural gas. * Approximately 1% of the feedstock remains in the processor as a residue. * This analyzed residue contains various metals from coloring agents and other plastic additives that were originally in the feedstock plastic and a small amount of carbon. * The fuel product was analyzed with a gas chromatograph and the chromatogram is similar in many respects to diesel fuel. * The fuel product viscosity is approximately 2 cst @ 40 degrees C, and is an amber fuel. * The fuel product contains only trace amounts of sulphur. * The fuel product centane number exceeds 40. * The residue does not appear to contain any highly toxic or difficult to dispose of components. * There is no evidence of air toxins in the emissions. * The energy balance of the process is positive; that is, more energy value is produced than is consumed by the process. Early data suggests that it is by as much as a factor of two.
JBII has ZERO DEBT ao 12-31-2009. (Pls see latest 10K filing to verify).
Independent Lab IsleChem ( http://IsleChem.com ) validation report on Plastic to Oil as specified by the company, has been released (See above) and has confirmed the P2O process works as predicted.
United Research Services ( URS: http://www.urscorp.com/ ), a Fortune 500 company has been hired: John Bordynuik: " to further validate the Plastic to Oil concept."
CEO John Bordynuik was able to speak about Plastic to Oil at the African Petroleum Producers Association (APPA) conference on March 26, 2010. He addressed over 400 representatives from a number of countries including USA, Japan, UK, UAE, China, France, etc.
JB1. Has spent his life working with electronics, robotics, artificial intelligence, computer hardware and software. http://www.johnbordynuik.com/BusinessNiagaraMagazine.pdf JB2. Nicknamed 'Honest John' by various media. JB3. Took courses at Harvard in business management/running public company. JB4. Worked at the Ontario Legislature for 10 years. JB5. Issued a patent for a dirty bomb detector that fits in a key fob. JB6. Salary = $1/year until P2O Production commences. JB7. Nothing derogatory has been found in DD'ing the CEO. JB8 Provided unique services to Paul Allen of Microsoft. JB9. Has an IQ of 170. JB10. Built specialized tape drives, and developed software to read legacy computer tapes. JB11. Was guest speaker at African Petroleum Producers Association, (Represents over 100 Billion barrels of oil): http://www.jbiglobal.com/news/2010-press-releases/20100212-ceo-to-speak-at-african-petroleum-producers-association-event.aspx. JB12. Worked as a collaborative researcher at Massachusetts Institute of Technology (MIT).
L1. Company is currently reading thousands of tapes for NASA using specialized tape drives and software. L2. Products: Tape reading - Fully validated by NASA. L3. Company can read legacy tapes at 100% accuracy L4. Company has no credible competition in legacy tape reading. L5. Huge market exists in reading Seismic Tapes for major oil companies. L6. Company currently reading Seismic Tapes for Addax Petroleum: http://www.addaxpetroleum.com/ L7. Currently there is a 100K tapes backlog on the tape reading.
J0. Javaco reported a 52% increase in revenues at the AGM on 4-24-2010. J2. Javaco listed #3,697 in top 5,000 fastest growing companies of 2007: http://www.inc.com/inc5000/2007/company-profile.html?id=200736970 J3. Javaco, Inc. 2007 revenues were $5.996 Million with net income of $229,000, which was a 33.95% increase in revenue and 207% increase in net income from 2006, when revenues were $4.476 Million with net income of $74,500. J4. Javaco debt: the Company also paid off the debt and founder loans of its subsidiary Javaco, Inc., in an amount totaling $397,644.44 from the proceeds of the Private Offering. J5. JAVACO, Inc. currently distributes over 100 lines of equipment from fiber optic transmitters to RF connectors. To further enhance business in the United States, new distribution lines are frequently being added including a line of home theater and audio video products.
Javaco will assist in establishing plastic to oil sites in Mexico and Latin America using its established business connections and knowledge in those areas. Javaco has access to high quality plastics generally discarded by cable television and telephone companies.