J Krishnamurti "First and Last Freedom"
This is my attempt at describing what is. Knowing full well that may be impossible, but the intent is there.
Not many people know what it is like to watch a future billion dollar company grow from it's very infancy. Most of the time, these entities stay private, only to have their big IPO years into the operation to make the investment bankers rich, and the company to cash in on what they built. Many examples of billion dollar companies today didn't have a following in their infancy. The Internet and message boards are still relatively new. For those that have witnessed one example, like the CEO's of say Microsoft, Apple, Cisco, Yahoo, Amazon, Google, Facebook, and Twitter, could probably all tell you the stories of how the company almost didn't make it. Examples of stupid mistakes, bad investments, not hiring needed staff, hiring the wrong executives, signing bad deals, running payroll on their credit cards, etc.
JBI will have major growing pains. The CEO, like many of the CEO's of the companies I listed, haven't been groomed to be CEO's. Ramping up production, staff, and executives will be challenging, with errors, lessons, and either redemptions or complete failures made of those errors. There will also be great decisions made. Most big companies/organizations are successful due to two things. Leadership and Talent/Product/Service. It's debatable, but I think it is 80% Talent/Product/Service, and 20% Leadership. Eike Batista(future richest man in world) was asked, what was the biggest reason your first venture succeeded? He replied something like, "The mine I invested in was idiot proof. I made so many mistakes, but an idiot could have made money with it." This was a mine that was up in the mountains, that needed a city built, infrastructure built, water hauled from thousands of miles away, etc.
If P2O does what is claimed, then it is an idiot proof investment. John's ability to run a great organization will only determine if JBI makes the Sweet 16, or the wins the Finals. Getting to the Sweet 16 equates to a $50-$75 stock price. Winning the Finals would be getting to $200+
The important thing is that John and the company learn from their mistakes, as they are definitively going to occur.
The summation of events and thoughts ahead are a culmination of concerns and discussions that I have had with friends. Several of them have a very large stake in JBI, and they have unique business and life experiences. All of the concerns and comments ahead are not all made by me, but I either endorse them, or at least believe they should be viewed out in the open.
This is an emotional stock. Anytime the possibility exist to make thousands of percent in return and do great things, there will be incredible emotion surrounding it. I get very emotional, John gets very emotional, the BOD, the message board, the believers and the skeptics all get emotional at times. We sometimes say ridiculous things that prove to be wrong, and we sometimes try and move on and not admit that. This goes for believer, skeptic, and executives alike. That's what it is like being human. Negative attracts positive, positive attracts negative. We are all connected.
First off I'll admit that I thought, wanted, and hoped to see validation this past weekend. I've been in this stock since late August. I also want to secure the financial future of my family. In essence, I want to be a millionaire, and I want it now. That undoubtedly plays into the situation. I just wanted to put that disclosure out there for what I'm about to say, and realize it may be influencing any post I ever make.
I deeply wanted to validate the P2O process, and start converting the skeptics to believe that P2O is a green process, and highly profitable. I'm looking for one of three things:
1)Lab results and/or a lab official commenting positively on the process.
2)Visually see raw, unwashed plastics in our machine, and diesel spraying out.
3)P2O division revenue and earnings on the balance sheet.
This is my attempt at describing what is. Knowing full well that may be impossible, but the intent is there.
Not many people know what it is like to watch a future billion dollar company grow from it's very infancy. Most of the time, these entities stay private, only to have their big IPO years into the operation to make the investment bankers rich, and the company to cash in on what they built. Many examples of billion dollar companies today didn't have a following in their infancy. The Internet and message boards are still relatively new. For those that have witnessed one example, like the CEO's of say Microsoft, Apple, Cisco, Yahoo, Amazon, Google, Facebook, and Twitter, could probably all tell you the stories of how the company almost didn't make it. Examples of stupid mistakes, bad investments, not hiring needed staff, hiring the wrong executives, signing bad deals, running payroll on their credit cards, etc.
JBI will have major growing pains. The CEO, like many of the CEO's of the companies I listed, haven't been groomed to be CEO's. Ramping up production, staff, and executives will be challenging, with errors, lessons, and either redemptions or complete failures made of those errors. There will also be great decisions made. Most big companies/organizations are successful due to two things. Leadership and Talent/Product/Service. It's debatable, but I think it is 80% Talent/Product/Service, and 20% Leadership. Eike Batista(future richest man in world) was asked, what was the biggest reason your first venture succeeded? He replied something like, "The mine I invested in was idiot proof. I made so many mistakes, but an idiot could have made money with it." This was a mine that was up in the mountains, that needed a city built, infrastructure built, water hauled from thousands of miles away, etc.
If P2O does what is claimed, then it is an idiot proof investment. John's ability to run a great organization will only determine if JBI makes the Sweet 16, or the wins the Finals. Getting to the Sweet 16 equates to a $50-$75 stock price. Winning the Finals would be getting to $200+
The important thing is that John and the company learn from their mistakes, as they are definitively going to occur.
The summation of events and thoughts ahead are a culmination of concerns and discussions that I have had with friends. Several of them have a very large stake in JBI, and they have unique business and life experiences. All of the concerns and comments ahead are not all made by me, but I either endorse them, or at least believe they should be viewed out in the open.
This is an emotional stock. Anytime the possibility exist to make thousands of percent in return and do great things, there will be incredible emotion surrounding it. I get very emotional, John gets very emotional, the BOD, the message board, the believers and the skeptics all get emotional at times. We sometimes say ridiculous things that prove to be wrong, and we sometimes try and move on and not admit that. This goes for believer, skeptic, and executives alike. That's what it is like being human. Negative attracts positive, positive attracts negative. We are all connected.
First off I'll admit that I thought, wanted, and hoped to see validation this past weekend. I've been in this stock since late August. I also want to secure the financial future of my family. In essence, I want to be a millionaire, and I want it now. That undoubtedly plays into the situation. I just wanted to put that disclosure out there for what I'm about to say, and realize it may be influencing any post I ever make.
I deeply wanted to validate the P2O process, and start converting the skeptics to believe that P2O is a green process, and highly profitable. I'm looking for one of three things:
1)Lab results and/or a lab official commenting positively on the process.
2)Visually see raw, unwashed plastics in our machine, and diesel spraying out.
3)P2O division revenue and earnings on the balance sheet.
Instead we got "Scamageddon"
This past weekend backfired big time. If you believe any attention is good attention, then it can still have some good impact down the line. I believe John did this out of emotion. It's like when you see two people arguing across the room from you. You don't know who started it, or who is right or wrong, you just know they both look like idiots. While it was a great joy to see that many PR's released at once, it was also very strange. I have talked to several casual observers, and none of them had good things to say about it. I got very upset at a Internet friend for calling it Scamageddon, but actually find it a funny term now for it. It came across as desperate, a final attempt to pump the stock before it was all over. While many of the releases were "nice", they seemed to fall far short of delivering what their intention probably was. Maybe I'm/we aren't privy to enough of the process to understand why some of the PR's fell short. Maybe lawyers took out key sentences. Maybe John is waiting for more opportune times to be more clear on certain issues. I'll go over them one by one here.
-BOD choices. Why not just one PR, instead of 4? Why waste the money on releasing them individually? I personally don't think the BOD is that important, but if we want that 20% of the leadership piece of the puzzle to be strong, then hopefully they can do an excellent job. I feel good with the choices made, and with the intentions that John had in picking from shareholders. It could be a great move.
-P2O licenses being taken. Not sure why you release this. If you feel the need to do so, then why do it in the middle of so many PR's? It got lost. It would be a fine PR, say, tomorrow morning. People could digest it all by itself.
-Fuel Blending site. Love it. Maybe more explaining needed? I guess lawyers may take that sort of thing out though. Not market moving news, but could be, AFTER P2O is validated. Until then, hard to even begin to calculate it in to the whole picture.
-Sales Reps-Fine, good, probably best PR'd by itself to digest. Maybe best just before Pak-It retail launch.
-Captain of P2O ship hired. Awesome. How about more details on P2O sea division? Does the public even know what this is, what/why the strategy, and the potential earnings in the future?
-CEO to speak at African Petroleum event. Love it. Not market moving news, but solid PR. Release it by itself for better digestion. One of those things that could have huge implications down the road, but probably not much in the very near term.
-Vice President hire. Impressive young kid. Key word, young kid. He spoke well, and has a great young resume. I would like to see John hire more experienced, real world applicants for these roles. I agree with spotting good, young talent, and giving people a shot, but want to see a mix of very talented prospects and seasoned veterans.
-NY Production Facility-What we are all waiting for. Solid PR.
-IsleChem contributions to P2O. Great to get the name, but a terrible PR. More questions than answers. No IsleChem employee comments or numbers on the report? Report not done? Really? We were led to believe to look for this around X-mas. 45 days late, and this is it? Saving it for uplisting? Ok, solid plan, but this CC was well anticipated and hyped, for good reason, to be about validation. Now, there is just as much confusion about the relationship as ever.
-P2O Marine & Rick Heddle Contract-Why not put this and Captain Mike PR neck and neck. This PR on one day, followed by Mike the next, or possibly all as one PR.
-ADA for 45 Florida Sites-The second most anticipated PR. A let down without Al Sousa comments in the PR, and no details on money. I would have liked to see several million dollars given by Al. It sounded like on the CC that Al is brokering these deals. So, 45 sites look to be more of a goal, than a given.
-Tampa PTO-Potential site. Reservation deposit. Doesn't sound very solid. Sounds like either party can back out. Can we hear more? Who is the buyer, why are they qualified?
-Shareholder Meeting-Again, could use separation. Good to get a day nailed down. P2O or bust! WE GET TO SEE THE MACHINE!!!!!!
-Ohio P2O-CC says, we received money, but not sure if we'll go with them. Ok, thanks for stretching. Good to see people interested enough to put down a reservation deposit, I guess.
-First P2O Processing Site in Florida-$100,000 reservation deposit. Same address looked fishy. Answer didn't feel great. I'm not saying this isn't a solid deal, but that is just what JBI didn't need. This is the sort of thing that scams do. Shot a red flag, when not needed, and in the long line of "Scamageddon".
-LOI for U.S. Air Filtration Company-If P2O works, and they can figure out how to use medical waste, then this company is highly valuable to JBI. Good that it is profitable.
This past weekend backfired big time. If you believe any attention is good attention, then it can still have some good impact down the line. I believe John did this out of emotion. It's like when you see two people arguing across the room from you. You don't know who started it, or who is right or wrong, you just know they both look like idiots. While it was a great joy to see that many PR's released at once, it was also very strange. I have talked to several casual observers, and none of them had good things to say about it. I got very upset at a Internet friend for calling it Scamageddon, but actually find it a funny term now for it. It came across as desperate, a final attempt to pump the stock before it was all over. While many of the releases were "nice", they seemed to fall far short of delivering what their intention probably was. Maybe I'm/we aren't privy to enough of the process to understand why some of the PR's fell short. Maybe lawyers took out key sentences. Maybe John is waiting for more opportune times to be more clear on certain issues. I'll go over them one by one here.
-BOD choices. Why not just one PR, instead of 4? Why waste the money on releasing them individually? I personally don't think the BOD is that important, but if we want that 20% of the leadership piece of the puzzle to be strong, then hopefully they can do an excellent job. I feel good with the choices made, and with the intentions that John had in picking from shareholders. It could be a great move.
-P2O licenses being taken. Not sure why you release this. If you feel the need to do so, then why do it in the middle of so many PR's? It got lost. It would be a fine PR, say, tomorrow morning. People could digest it all by itself.
-Fuel Blending site. Love it. Maybe more explaining needed? I guess lawyers may take that sort of thing out though. Not market moving news, but could be, AFTER P2O is validated. Until then, hard to even begin to calculate it in to the whole picture.
-Sales Reps-Fine, good, probably best PR'd by itself to digest. Maybe best just before Pak-It retail launch.
-Captain of P2O ship hired. Awesome. How about more details on P2O sea division? Does the public even know what this is, what/why the strategy, and the potential earnings in the future?
-CEO to speak at African Petroleum event. Love it. Not market moving news, but solid PR. Release it by itself for better digestion. One of those things that could have huge implications down the road, but probably not much in the very near term.
-Vice President hire. Impressive young kid. Key word, young kid. He spoke well, and has a great young resume. I would like to see John hire more experienced, real world applicants for these roles. I agree with spotting good, young talent, and giving people a shot, but want to see a mix of very talented prospects and seasoned veterans.
-NY Production Facility-What we are all waiting for. Solid PR.
-IsleChem contributions to P2O. Great to get the name, but a terrible PR. More questions than answers. No IsleChem employee comments or numbers on the report? Report not done? Really? We were led to believe to look for this around X-mas. 45 days late, and this is it? Saving it for uplisting? Ok, solid plan, but this CC was well anticipated and hyped, for good reason, to be about validation. Now, there is just as much confusion about the relationship as ever.
-P2O Marine & Rick Heddle Contract-Why not put this and Captain Mike PR neck and neck. This PR on one day, followed by Mike the next, or possibly all as one PR.
-ADA for 45 Florida Sites-The second most anticipated PR. A let down without Al Sousa comments in the PR, and no details on money. I would have liked to see several million dollars given by Al. It sounded like on the CC that Al is brokering these deals. So, 45 sites look to be more of a goal, than a given.
-Tampa PTO-Potential site. Reservation deposit. Doesn't sound very solid. Sounds like either party can back out. Can we hear more? Who is the buyer, why are they qualified?
-Shareholder Meeting-Again, could use separation. Good to get a day nailed down. P2O or bust! WE GET TO SEE THE MACHINE!!!!!!
-Ohio P2O-CC says, we received money, but not sure if we'll go with them. Ok, thanks for stretching. Good to see people interested enough to put down a reservation deposit, I guess.
-First P2O Processing Site in Florida-$100,000 reservation deposit. Same address looked fishy. Answer didn't feel great. I'm not saying this isn't a solid deal, but that is just what JBI didn't need. This is the sort of thing that scams do. Shot a red flag, when not needed, and in the long line of "Scamageddon".
-LOI for U.S. Air Filtration Company-If P2O works, and they can figure out how to use medical waste, then this company is highly valuable to JBI. Good that it is profitable.
I like the intention of transparency, when allowing BOD post on the message board, but think it looks bad on the company. I don't think BOD members should be wasting their time with skeptics. Let us take care of them. This is the wild west. The Wild West has done all it can do to take this stock higher, and if you want to succeed, you need to reach a higher level of investors. BOD time is more valuably spent elsewhere. Being here makes the company look like a possible scam. Start acting like a big board company. I can look the other way if it continues, and admit I might be too strong on that opinion. Maybe we should have a poll?
Pak-It and Javaco:
Maybe Javaco was needed to convince Pak-It to choose JBI as their buyer. Pak-It is extremely valuable to the P2O roll out. To get a company with this much potential, and have high prospects of profitability, for the price/deal we did, was a huge win. If teh Javaco purchase was needed, with the media credits, and being similar in size to persuade Pak-It to choose JBI as the purchaser, then Javaco was worth every penny right there. The media credits should be helpful in launching brand awareness in print and radio. If Judy(CEO of Javaco), can prove to have strong business connections for P2O in Mexico and Latin America, then Javaco becomes a home run. Unfortunately, we have to deal with Mr. Kidd. Good bait for skeptics, but definitely not apart of JBI.
Hopefully, Pak-It retail roll out isn't consuming much needed time and money of John and the P2O team. How much will T.V. infomercials cost? How much were the new machines? How much money is it costing to launch all this. Why is this such a concern? If P2O is a home run, why mess with Pak-It retail roll out at this time? Hopefully, it's just a desire to do many things at once. Scams tend to use the approach of many divisions to not get people focused too much on one thing. I promise you, Pak-It isn't going to support JBI stock at $4+, and the vast majority of prospective and current investors aren't here for Pak-It's products. We wish it the best success, and see the huge potential. Just please don't consume the majority of much needed resources for the home run.
I have given all the reasons why I think JBI and John are the real deal many times. I and many people I trust are more confident that JBI is real, and that John is a great man than any other speculative investment we have ever seen. That comes from several individuals that have decades of investment experience. Some of these individuals are or have been Money Managers, Investment Advisors, and Professional traders.
Why would John Bordynuik run a pump and dump when he was independently wealthy with his legacy tape conversion business that has the trust of NASA, MIT, Harvard, U.S. Army, Big Oil and Gas, etc.? John has worked with many Fortune 100 companies on a consulting basis. He recovered software for Paul Allen. He invented a dirty bomb detector. He helped the FBI write a program to track down kidnapped children. He makes $1/year salary, is using value management(only paid if success), rails against top heavy management, rails against the practices on the OTC, has never used a promotional firm, or given shares to an IR firm or investment banker/hedge fund. He even returned $1 million to the bank when it wasn't his. Some say of course he had to return it, but the bank told him for a week it was his to have. He could have easily taken it without liability at that point.
Based on what I perceive my own strong ability to read peoples character, and the ability of some very intelligent people that I trusts ability, we all believe John is an honest man, who is set to do great things.
To reiterate, I'm not saying I have all the answers. Just trying to lay things out as I see them. I most certainly am misinformed with some things, and probably have no idea what I'm talking about in some instances. Feel free to point them out. Maybe this post is too much digest, just like all those PR's.
Right now, two large, obnoxious, and opposite crowds, with a lot of people in between, believe they are right. Time will tell who is right and who is wrong. Look for continued high volatility and obnoxiousness until 1 or more of the 3 validation process is met. We should get 1-2 of them within 9.5 weeks. Good luck everyone!
The island of doubt-It's like the taste of medicine
Working by hindsight-Got the message from the oxygen
Making a list-Find the cost of opportunity
Doing it right-Facts are useless in emergencies
Facts are simple and facts are straight
Facts are lazy and facts are late
Facts all come with points of view
Facts don't do what I want them to
Facts just twist the truth around
Facts are living turned inside out
Facts are getting the best of them
Facts are nothing on the face of things
Facts don't stain the furniture
Facts go out and slam the door
Facts are written all over your face
Facts continue to change their shape
I'm still waiting...I'm still waiting...I'm still waiting...
I'm still waiting...I'm still waiting...I'm still waiting...
I'm still waiting...I'm still waiting...
Pak-It and Javaco:
Maybe Javaco was needed to convince Pak-It to choose JBI as their buyer. Pak-It is extremely valuable to the P2O roll out. To get a company with this much potential, and have high prospects of profitability, for the price/deal we did, was a huge win. If teh Javaco purchase was needed, with the media credits, and being similar in size to persuade Pak-It to choose JBI as the purchaser, then Javaco was worth every penny right there. The media credits should be helpful in launching brand awareness in print and radio. If Judy(CEO of Javaco), can prove to have strong business connections for P2O in Mexico and Latin America, then Javaco becomes a home run. Unfortunately, we have to deal with Mr. Kidd. Good bait for skeptics, but definitely not apart of JBI.
Hopefully, Pak-It retail roll out isn't consuming much needed time and money of John and the P2O team. How much will T.V. infomercials cost? How much were the new machines? How much money is it costing to launch all this. Why is this such a concern? If P2O is a home run, why mess with Pak-It retail roll out at this time? Hopefully, it's just a desire to do many things at once. Scams tend to use the approach of many divisions to not get people focused too much on one thing. I promise you, Pak-It isn't going to support JBI stock at $4+, and the vast majority of prospective and current investors aren't here for Pak-It's products. We wish it the best success, and see the huge potential. Just please don't consume the majority of much needed resources for the home run.
I have given all the reasons why I think JBI and John are the real deal many times. I and many people I trust are more confident that JBI is real, and that John is a great man than any other speculative investment we have ever seen. That comes from several individuals that have decades of investment experience. Some of these individuals are or have been Money Managers, Investment Advisors, and Professional traders.
Why would John Bordynuik run a pump and dump when he was independently wealthy with his legacy tape conversion business that has the trust of NASA, MIT, Harvard, U.S. Army, Big Oil and Gas, etc.? John has worked with many Fortune 100 companies on a consulting basis. He recovered software for Paul Allen. He invented a dirty bomb detector. He helped the FBI write a program to track down kidnapped children. He makes $1/year salary, is using value management(only paid if success), rails against top heavy management, rails against the practices on the OTC, has never used a promotional firm, or given shares to an IR firm or investment banker/hedge fund. He even returned $1 million to the bank when it wasn't his. Some say of course he had to return it, but the bank told him for a week it was his to have. He could have easily taken it without liability at that point.
Based on what I perceive my own strong ability to read peoples character, and the ability of some very intelligent people that I trusts ability, we all believe John is an honest man, who is set to do great things.
To reiterate, I'm not saying I have all the answers. Just trying to lay things out as I see them. I most certainly am misinformed with some things, and probably have no idea what I'm talking about in some instances. Feel free to point them out. Maybe this post is too much digest, just like all those PR's.
Right now, two large, obnoxious, and opposite crowds, with a lot of people in between, believe they are right. Time will tell who is right and who is wrong. Look for continued high volatility and obnoxiousness until 1 or more of the 3 validation process is met. We should get 1-2 of them within 9.5 weeks. Good luck everyone!
The island of doubt-It's like the taste of medicine
Working by hindsight-Got the message from the oxygen
Making a list-Find the cost of opportunity
Doing it right-Facts are useless in emergencies
Facts are simple and facts are straight
Facts are lazy and facts are late
Facts all come with points of view
Facts don't do what I want them to
Facts just twist the truth around
Facts are living turned inside out
Facts are getting the best of them
Facts are nothing on the face of things
Facts don't stain the furniture
Facts go out and slam the door
Facts are written all over your face
Facts continue to change their shape
I'm still waiting...I'm still waiting...I'm still waiting...
I'm still waiting...I'm still waiting...I'm still waiting...
I'm still waiting...I'm still waiting...
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