Replies to post #135366 on Plastic2Oil Inc (PTOI)

[Artiztic1]

Unusual to say the least, but after the help of others and Scion it made more sense. I always thought the purchase price of 130k for a facility that originally cost 3 million to outfit was suspect. Then JBI hired Collins as senior VP for a undisclosed sum, and it started to add up. When Collins was hired all his field experience was listed, other than the fact that he once ran the very facility he was just hired to run - into the ground!

Now were learning "The blending site has not purchased,sold, or blended any fuel to date." a year and a half later - from the CEO himself.


To: scion who wrote (4160) 12/23/2010 8:02:21 AM
From: SteveF Read Replies (2) of 12806

Do I have this correct? JB's aunt Joyce and Glenn Robbins live together and share the alias "2bigcats", posting about the stock for a year or so. Colin Robbins (who posts as "terryels" on iHub and is Glenn's son), took over the fuel-blending site from his father and ran it into the ground such that Glenn sold it to JB, who pays for the facility and it's renovationm with JBII shareholder $$$, then hires back Colin to run it?
What could possibly go wrong?

How on earth can anybody defend this? It's a joke now
http://www.siliconinvestor.com/readmsg.aspx?msgid=27045291





2bigcats Share Thursday, July 22, 2010 2:16:20 PM
Re: ergo sum post# 59450 Post # of 84693

nope...just Glenn to you...2 people can use the same computer

investorshub.advfn.com/boards/read_msg.aspx?message_id=52546128

2bigcats Share Sunday, April 25, 2010 8:43:18 PM
Re: None Post # of 84694

Hi Everyone:

The Bordyunik family, Glenn and I want to thank all of the wonderful people that we had met this weekend. The family have a better understanding why you people were very instramental in helping keep JBI the way it is today.(For the dark side I don't mean pumping) Most of you have seen this baby from birth and watched JBI grow through bad times and good times.

She has grown out of the exploration and experimental stage to one producing a product, which is saleable and in demand.

Thank you again
Joyce & Glenn

PS RECYCLE RECYCLE RECYCLE PLASTIC

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49410773

Wednesday, December 22, 2010
JBI Inc. Announces the Appointment of John Colin Robbins as Senior Vice President
THOROLD, Ontario, Dec. 22, 2010 (GLOBE NEWSWIRE) -- JBI, Inc. (JBI) (OTCQX:JBII) announces the appointment of John Colin Robbins as JBI's new Senior Vice President. In his new role, Mr. Robbins will solely be responsible for developing and leading the petroleum potential of the Plastic2Oil (P2O) initiative.

"I am pleased to welcome Mr. Robbins as the Senior Vice President of JBI Inc.," said President and CEO John Bordynuik. "As a member of the Senior Team, Mr. Robbins will build the petroleum team to enable our P2O products to be enhanced and distributed. His proficiency in petroleum products blending and strong leadership will be invaluable assets to our company's commercial growth and contribute to JBI's movement toward environmental sustainability."

Mr. Robbins brings more than 30 years of knowledge and expertise in operations, marketing, and manufacturing of renewable fuels to this key post. He specializes in the blending of ethanol, bio-diesel, butane, and petroleum. He has been engaged in the petroleum and bio-fuels industry in a leadership capacity since 1989 with experience extending across North America--but he is most passionate about producing a profitable, environmentally responsible energy product.

"I am honored to undertake this position within JBI, an innovative company, and (I) am eager to embark upon new challenges--especially those that foster green energy initiatives," stated Robbins. "My intent is to develop products that will reduce our dependency on foreign oil and how we define plastics recycling."

Prior to joining JBI, he was most recently employed by Sunoco Partners Butane Blending LLC as Manager for Engineering, Construction, and Operations where he successfully led three departments that designed, built, and maintained multiple new butane injection systems in gasoline transfer terminals throughout the United States. He acted as both the General Manager and Director for Engineering, Construction, and Operations at Texon LP from 2007 until 2010. At Texon, Robbins led the engineering team to re-design the butane blending systems, which resulted in substantial increase in revenue growth. He has been an active member of various petroleum boards and associations, including: Environmental Director of the Canadian Independent Petroleum Marketers Association's Board of Directors from 1995-2000, a member of the Ontario Petroleum Council from 2003-2004 and Ontario Gasoline Handing Code from 2002-2003, and served on the Canadian Federal Government Legislative Boards on Sulphur in Gasoline in 2001 and Benzene in Gasoline in 1999. He was a recipient of a National Research Council Grant awarded in Canada. Mr. Robbins holds an Honours Bachelor of Science in geology from Brock University.The appointment is effective immediately.

[snowman220]

This facility is in TIP TOP shape. JBI refurbished it and painted it. IT is now ready. JB 's letter explains that it will be used once more Processors are on line. One shareholder sold it to JBI at a very good price. It is in the pictures of this site. I am glad to hear that it is going to be needed very soon. Tic tock.

[MorningLightMountain]

just don't scratch the new paint, or a security guard might bust a cap in ya!!!!!


NIAGARA FALLS, Ontario, Feb. 12, 2010 (GLOBE NEWSWIRE) -- JBI, Inc. (the "Company") (OTCBB:JBII) is pleased to announce that it has signed a purchase agreement for a fuel blending and distribution site. In addition to buildings, a laboratory, and electrical control operations, the site has thirteen 20,000 gallon tanks with full blending infrastructure in place, incorporating top and bottom loading capability. This site also has in excess of 5 acres of land for expansion. This independent fuel blending site has capacity to handle up to 300 million U. S. Dollars per year in fuel.

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.