"Estimated_Profit" makes an insightful post about JBI, Inc.

Thanks to iHub JBII board moderator "Zardiw" for posting the following comment by "Estimated_Profit" who is responding to a JBII nay sayer. It is obvious that EP has a good understanding and insight about CEO John Bordynuik and JBI Inc.

"Zardiw" Executive Summary provides excellent DD on JBI

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45861284

"Zardiw" says,
I think this is the Best Post I've ever seen:

Posted by: Estimated_Prophet Member Level Date: Sunday, January 24, 2010 1:33:37 PM
In reply to: Jim Bishop who wrote msg# 218438 Post # of 218497

Pretty good JBII post if you are a naysayer :)

Yes, it is a cult stock. I think that is easy to understand. I expected it when I first started purchasing shares in late August 2009. I and many believe it to be the best stock opportunity ever. I think even the naysayers can admit to that, as this is a too good to be true story. So, of course it's going to be a cult, and of course people are going to be radical about it. Add to it a CEO that has some moxy, and a flare for communicating in modern ways(FB). Steve Jobs has a cult like following, and so will JB if he accomplishes his goals. Wait until you see what the cult looks like a year from now, if the goals are being obtained. It may look like Jesus Camp :)

Many of us JBII longs have a deep appreciation and love for the CEO. We think he is doing things the right way, and that he is the most honest CEO we have seen. So, again, that adds to the cult, and the cheerleading. Maybe we are wrong, but it hasn't been proven out yet. The only thing we have is his word and his pattern of execution. Everything has looked great so far. I expect the speculation on P2O to be knocked out within 60-90 days. At that time, we'll all find out who made the right decision.

John has stated that when he found the catalyst that he did not think the research being done had converting plastic to oil in mind. Oil was cheap, and plastic was not plentiful. Look at a chart of plastic production. We produce 7 times the amount of plastic today versus the early 70's. I have asked John about the original owner of the catalyst. He says they have no claims on ownership of it. He gained ownership of the research when whatever institution sold the tapes with the knowledge on them signed the waivers of release.

John's IQ of 170 probably makes him very capable of understanding chemistry beyond what anyone of us could. John is a schematics and engineering geek. I think it translates, but why is this a knock anyway? He is just going to produce the chemical catalyst that he found. He has hired chemist in the company. They have done a lot of research on this. They aren't just winging it. John isn't putting his credibility on the line without major research to back up his claims.

That's a key point that naysayers never discuss back with me. Why would a guy like John pull off a pump and dump? It makes no sense at all. He is sole sourced by NASA and MIT. A multi-billion dollar oil company trusts John with their precious seismic data. It takes a lot of trust in someone to give them all this incredibly precious data from oil and gas, NASA, and MIT. Everything you read about John backs up his credibility and honesty. Please point me to something contrary to this.

The machine is being validated by a third party lab that usually validates refineries. The reason he put it there was to help expedite the permitting issues. He wants to show that it is a green process. You think they are worried that it isn't, and just threw it over to a third party lab the instant they received the final parts to the machine? Give me a break.

I don't think they can scale it up any larger than the current 20 tons a day. The process is currently limited by the condensers ability to process the hydrocarbons. That might be something they can upgrade in the future.

I can't answer the licensing part of this. The machine was built by John. John, I believe, enjoys building things. Maybe he wants things to go according to his plans, and maintain the largest ownership possible.

The cleaner, lol. It's a great product, but we aren't investing in JBI for it. It's a nice product, that should bring in some nice profits. The main need was for catalyst production. I have some Pak-It's under my sink. They have been there for about 3 months now. I thought I better check on them after reading this post. Yep, doing just fine. Just sitting there, still in their Pak-It's.

John is flying in an analyst this week. He has flown in some very large business men to see it already. Al Sousa seemed to be confident of everything.

I look forward to John knocking the speculation out of all of this. Again, I think we'll have it clearly TKO'd within 60-90 days. Then, all the naysayers can say to potential P&D's, "looks too good to be true, but then there was that one that wasn't, JBII, but that was one in a million". Or, I lose faith in humanity altogether if you naysayers are correct.