Replies to post #1025 on OTC and Pink Due Diligence

[fourkids_9pets]

i understand the frustrations even when i see
what is done <and understand why it's done>

imo pps whiplash is gonna be a fact on JBII
until the sequence all investors expect
comes to pass .. and even then they'll do their
thing .. but it won't be quite as *coordinated*

btw ... what better way to *create* fud .. to
recent JBI investors than to yank the pps down
notice in spite of well coordinated efforts

JBII's volume today didn't equal the 90 day avg

imo it's always wise to go with a conservative
time frame .. and what we know will be coming

that is the fins due out mid november

as i posted to another .. i'll vent if by eoy
we have no news on no. 2 & 3 ..

i'll vent some more if we don't have the first
rock tenn site equipped by the first Q of 2012

but again .. imo we have info out on 2 & 3 by eoy
if not b4 ..

that said .. i understand why *trading* has appeal
and i do do it on other stocks .. including zagg
egan .. svm and f

perhaps if i held 100k of jbii .. i'd trade a 10k block

but i don't and i'm still in collection mode for my jbii stash :)

===
4kids
all jmo

[Ryoko]

Your frustration is shared by a large number of people I suspect, including myself. JBII has truly awful shareholder communication. A number of people on the boards have made a career of making excuses for the company's gross lack of transparency, but there really is no valid excuse for their silence and indifference towards shareholder concerns. The lack of transparency has been a problem for the last couple of years. It's not a recent development. 99 out of 100 times when a company goes dark, it's a sign there's some problem they don't want to talk about. That may or may not be the case here. But the silence is not doing shareholders any favors and is making a fertile breeding ground for the bashers.

I bought this a something to buy and hold. But in retrospect, I probably should have just flipped it. I'd be a lot further ahead if I had.

[Commando911]

I am with you all the way!!

[Florinda]

Hi Dale,

I'm disappointed with how slowly this stage of the process is taking, but I wouldn't say I'm frustrated as such. I got too swept up in the hype that got kicked up after the AGM, which fanned unrealistic expectations. Others saw this at the time, but I took the better safe than sorry approach and bought in on the high side. So I feel disappointed with myself for being too gullible, although I feel there are legitmate reasons to be hopeful that things will nonetheless turn out well and perhaps very well in due time.

I've never invested in a company like this. Yes, I'm invested in one other start-up right now which, by the way, is also moving along quite slowly. But the difference is that it really does seem as though some influential people/companies are threatened by JBI's technology and are trying to throw as many wrenches in the way as possible. I have no reason to doubt, for instance, the stories of how inundated the NY DEC was with negative, harassing calls from people bad mouthing the company, or that the bashers on the JBI board are being paid by someone, or that the company has had to hire 24/7 security at their facility, or that John felt it necessary at this recent dinner to have 3 or 4 security people on duty. Such ongoing and unrelenting--as in the JBI board--actions change the game plan, or at least should change it. Nor does acknowledging this strike me as an overly eager shareholder trying to make excuses for the company. If JBI is as revolutionary as we hope it is, it's definitely going to be a threat to some.

This is not to say that John hasn't made some poor timeline estimates, for I think he has. But if these processors can do what we all believe they can do, the success of this company is going to put people out of business and severely cut into others' profits even though the roll out will also create jobs wherever it goes. (I'm sure the landfills where GM, Chrsyler and all the other JBI suppliers of free plastic used to pay tipping fees are not happy loosing such big, steady customers. Nor, I'm sure, did they fail to notice they left or why.) So given the headwinds they've already experienced, it seems they would be wise not to underestimate the delays and headaches such entities can bring on the company.

In light of this, my question is: what news is there for the company to give out? Given the flack the NY DEC got, it seems naive to think the same harassment wouldn't show up at and around the RTK site where the first processors are going to be installed. Should the company just ignore this and make the site known to all? I don't see what advantage such a disclosure would bring to shareholders. Knowing it certainly doesn't increase the value of the company. The other potential news seems to be of an either/or type: fuel contracts signed; pre-melt finished; other two processors installed and running; new partner contract inked, etc. In other words, all of these are either, yes, they are done, or no, they haven't happened. Putting out a PR before they can say yes to any of these means putting out a PR that has to explain to everyone why none of them is done. As such, in my opinioin, such a PR would give bashers more ammo than it would supply shareholders with substantial information. Indeed, such a PR would inevitably have to make more promises about the pot of gold that's just around the next proverbial corner. My sense, then, is that the company has to wait until they have completed news to pass along. I also suspect the pre-melt system and the changes it imposes on the processors constitute the main bottleneck, and that these in turn require the cooperation of third party entities that JBI has no control over.

So, yes, while legitimate reasons still exist for why they haven't completed anything newsworthy, patience still seems like the appropriate stance to have.

Steve