Thursday, April 29, 2010

JBI, Inc. is "the calm before the storm."


Shareholder "P2O-HereWeGo" expresses his enthusiasm about the potential of JBI, Inc.

JBI Shareholders

Whether you attended the AGM or not last weekend, I believe it will prove to have been a game changing event. JBI has long shared its P2O business plan which is all about reinventing a known process (plastic breaks down when heated) such that a wide mix of plastic feedstock generates an output that is mainly usable short length hydrocarbons in a safe, simple, scalable and economical manner. The AGM was important not because there was anything new, but because everything that had been stated in advance was demonstrated and the P2O process automation was further along than I had expected. The full scale setup is ready for replication and the delays in IsleChem report, permits etc were, in part, because of the sheer magnitude of the improvements that have been incorporated along the way. For me this further validates the statements made by the company regarding what’s to come, and I expect each one of those to also be over delivered.

Right now we are in the calm before the storm. The technology risk in the JBI investment is now minimal and whether it takes a week, a month, a quarter or even (have to say unlikely) a year, JBI will soon be delivering P2O revenue, ramping it rapidly and getting the attention of the industry and financial markets. I expect the full scale media release to start this next phase in the life of JBI.

Congratulations to John and the team - quite the series of accomplishments in just one year

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