"At JBI, our team is fully focused on making a sale of our flagship Plastic2Oil® processor within the coming months," said Richard Heddle, JBI's CEO. "We plan to expand our Board of Directors to include new members with substantial public company experience and we are searching for a CFO that will be able to meet our needs given our aggressive growth plans. Until a new CFO is hired, Nicholas Terranova will consult with the Company, and in order to ensure a proper transition to our new full time CFO, he will do so until our next quarterly filing is timely made. We are very excited to be working with The Brewer Group as we implement our global sales strategy."
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