There are numerous aspects of the Plastic2Oil process which make it unique in the marketplace. For full details, please visit the Plastic2Oil Advantage page on the Company’s website.
Does JBI currently sell its fuel?
JBI sells its fuel products through three channels: (i) fuel brokers; (ii) fuel retailers; and (iii) direct to end users. JBI currently has four primary agreements in place for the sale of its fuels.
Does JBI have agreements with other companies?
JBI has a referral and revenue sharing agreement with Rock-Tenn Company to convert mill by-product waste into fuel using the Plastic2Oil technology. Under the agreement, the Company has a 10-year license, with a renewal option, to build and operate P2O processors at RockTenn facilities, to process RockTenn's waste plastic at paper mills and Material Recovery Facilities, and to mine and process plastic from RockTenn's plastic-filled mono-fill sites. What are the Company's plans for growth?
The Company’s near-term growth plans include continued build-out of the Niagara Falls, NY facility, as well as the first RockTenn site.
How much plastic waste can the P2O machine process per hour?
JBI is currently permitted to operate at rate of 4,000 lbs. of plastic feedstock per hour per machine at the Company's Niagara Falls, NY facility.
Has JBI applied for any patents on its Plastic2Oil process?
Yes, the Company has filed for international patent protection on aspects of its P2O process.
What is the difference between No. 6 Fuel produced by JBI versus industry standard?
No. 6 Fuel is heavy fuel generally used in industrial boilers and ships.
No. 6 Fuel produced by the P2O process is much cleaner than existing industry standard; containing less than 16 ppm of sulphur in comparison with the maximum of 30,000 ppm allowable in mainstream No. 6 Fuels. Unlike standard industry fuel, JBI’s No. 6 Fuel does not contain heavy metals, water or sediment. Other No. 6 Fuel products are residue products of the refining process and are considered residue fuels, whereas JBI’s No. 6 Fuel is a direct product of its P2O process, meaning it does not require further blending.
JBI’s No. 6 Fuel is a clear brown liquid at temperatures of 90º F. It has been tested by major industrial users with positive results.
Has JBI obtained permits to operate P2O processors in Niagara Falls, NY?
As of June 14, 2011, all NYSDEC permits necessary to operate up to three Plastic2Oil (P2O) machines in Niagara Falls, NY were issued to JBI. The inspection report (March 2012) confirms that the Company is fully compliant. The Company is pleased with the assistance and cooperation it has received from NYSDEC.
How does JBI currently manufacture P2O processors?
The Company has retained fabrication vendors to produce racked modules for Plastic2Oil processors. All modules will be manufactured in the U.S. The Company's management is working closely with the fabrication vendors to coordinate the manufacturing of its P2O processors. The processor design is modularized for expedient production and assembly.
Who is on the JBI management team and the Board of Directors?
Management team information can be found under Management Team and the Board of Directors is located in the Governance section of this website.
When is JBI's year end and when does the Company report earnings?
The Company’s fiscal year ends on December 31 and quarters end on March 31, June 30 and September 30. The quarterly earnings results are usually announced within 40 days of the quarter end; on or about the 10th of the second month following the quarter end. The Company's annual report will be released on or about March 15 or within 75 days from the fiscal year end. Please visit the SEC Filings page for a complete listing of our reports. Please visit the SEC Filings page for a complete listing of our reports.
What are the Company endorsed sources of information for stockholders?
JBI considers disclosure of stockholder information one of its fundamental principles. Information is consolidated on this website which provides links to current market prices for the Company’s securities, all Company press releases, all SEC filings, all Company financial statements, and includes detailed information about JBI.
Where can I obtain copies of the Company's press/news releases?
All press releases issued by the Company can be found in the News Releases section of our website.
What can I obtain copies of the Company's public filings?
All required filings and financial reports documents can be found in the SEC Filings section of our website.
Where do JBI shares currently trade?
JBI trades under the symbol JBII on the OTCQB market.
How many shares are outstanding?
Up-to-date share counts can be verified by contacting our transfer agent.
Who is the transfer agent and how do I contact them?
The Company’s transfer agent is Pacific Stock Transfer Company.
Who is JBI's independent accounting firm?
The Company’s independent accounting firm is MSCM LLP.
Who is JBI’s outside securities counsel?
The Company’s outside securities counsel is Pryor Cashman LLC.
How can I contact Investor Relations?
Refer to our IR Contacts page. We are always happy to answer questions and receive feedback from stockholders. We look forward to hearing from you.
clearly a call has to be made to FINRA there is some *odd* stuff (even more than usual) going on re: JBII and other *OTC stox* observed >> suspect corrected reg sho for DEC 2013 is also part of this *oddity*
FYI >> unlike *IHUB* >> both FIDELITY and QUOTE MEDIA show JBII's close of 16c >> *green*
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Detailed Quote:JBII JBI INC NEW 0.16Up 0.009 (5.96 %)AS OF 3:29:38PM ET 12/12/2013
Last Trade 0.16 Trade Time 3:29:38pm ET
Change 0.009 % Change 5.96%
Open 0.145 Day High 0.17 Day Low 0.145 Previous Close 12/11/2013 0.151 52-Week High 01/30/2013 1.49 52-Week Low 12/05/2013 0.1101
I IM'd Etrade to verify. They filled the remaining 67 shares @ .16 without moving the price. (Unless I missed something the price stayed at .1504 the entire time.)
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JBII >> trades >> 12.12.13;) <notice quote media *shows* the last trade @ 151c >> however if one pulls up their quote tab they show JBII's *close* of 16c
wishy/washy .. wishy/washy
$0.151 83 OTO 15:59:26?????
$0.16 4,667 OTO 15:29:38 $0.16 433 OTO 15:29:38
$0.1504 2,400 OTO 15:24:59 $0.1504 1,655 OTO 15:13:15
$0.16 67 OTO 15:11:36 and the dupe $0.16 67 OTO 15:00:40 ** see posts above/balance of long's buy (7100) note *reg sho*
$0.1504 4,615 OTO 14:35:43
$0.16 10,000 OTO 14:02:52
$0.165 600 OTO 13:34:17 $0.165 350 OTO 13:03:36 $0.165 250 OTO 13:03:36
$0.16 7,100 OTO 12:49:14 ** long's buy 6173 $0.16 2,873 OTO 12:31:47 $0.16 6,200 OTO 12:31:28
$0.158 10,000 OTO 12:30:54
$0.159 5,000 OTO 12:30:49 $0.159 5,000 OTO 12:30:39 $0.159 10,000 OTO 12:30:28
$0.16 2,000 OTO 12:21:48 $0.16 10,000 OTO 11:56:06
$0.165 1,000 OTO 11:50:34
$0.16 8,000 OTO 11:19:55 $0.16 2,000 OTO 11:12:15
$0.165 2,900 OTO 11:08:39
$0.157 2,823 OTO 11:05:25 $0.157 5,000 OTO 11:03:41
$0.165 6,500 OTO 10:50:09 $0.165 4,750 OTO 10:49:14
$0.17 1,800 OTO 10:13:34 $0.17 2,000 OTO 09:49:53 $0.17 7,100 OTO 09:44:27 ** see above
$0.169 10,000 OTO 09:36:38 $0.169 2,300 OTO 09:30:27