Monday, May 31, 2010

"Stu" challenges naysayers' negative rhetoric


Mixed plastic is predominantly PET
Really? See good due-diligence would show that PET is a valuable recycled plastic, and in many countries is the single-most recycled plastic. It's not economical to use PET in P2O, since you can get paid more for it on the plastic market.

Sorted HDPE is more expensive than the oil used to make it
Sorted HDPE? Isn't that an oxymoron?

pyrolysis -- a well-known but relatively useless process
Gosh, better alert the 25 P2O competitors out there!!

The mix of liquid to gas can be varied simply by changing the temperature at which the reaction occurs.
Nuh uh.

(the whole log-burning analogy... brought tears to my eyes it was so funny)

JBII is a carbon copy of USSE/SSTP
The best argument most people have about JBI's P2O tech being a scam is that it fits the mold of another penny-stock scam. But do you call that research?

Without ever giving any evidence whatsoever that his oil is sellable and commercially viable You believe that anyone will have trouble selling diesel fuel and/or gas on the market? Because crude oil is just so much more convient, right? LOL

...Mr. Bordynuik being excruciatingly honest--which you can see he's not.
Funny, the 400+ people at the shareholder meeting didn't appear to think so -- it's only the armchair investment experts on iHub that claim this. Do you think there is a reason why among the 2000+ posts claiming JBI is a fraud, not a single one of them was written by a person who attended the AGM?

The "yield" that JBI claims is 98% refers to the cracking of EXISTING long "plastic" hydrocarbon chains into shorter diesel, gasoline, and natural gas chain lengths. This is not a claim that HC chains are being formed or created, merely broken at a desired length.

Repeat: 98% of the MASS of the existing hydrocarbon chains are broken into one of 3 chain lengths: 77% diesel, 13% gasoline, 9% natural gas. That leaves about 1%, which is the "residue".

That does not make any statement about what happens to paper, wood, metal, glass, oxygen, chlorides, ink, or any other material that is process with the "dirty unsorted plastic", which it would naturally have. What goes in will come out again, except for the plastic polymers that will be efficiently broken into valuable fuels.

The bottom line is 1kg plastic yields 1 litre of diesel/gasoline. If your "mixed plastic" is in fact 800g plastic and 200 peanut butter, then the number you need to use is 800g.

I hope the poor souls who are discovering JBI lately and stumble across this forum don't fall for the second-rate "I can spot a scam" posts. It's actually more like "I can spot a short"

JBI CEO discusses recent auditor change


CEO Bordynuik responds to a shareholder questioning the reason why the JBI auditor was changed just before their 10Q was supposed to be filed.

John Bordynuik comments:
If I could tell you I would. Like many companies, we are faced with making decisions that will benefit the company greatly long-term and possibly at a short-term cost. This is one of those situations. It's great for long-term shareholders. At the last AGM, I explained what we did over the last year, our challenges and the result of scaling a lab unit to a full production processor. Decisions made over the past year were for long-term share holders, not short-term stock prices. At the next AGM (probably sooner), I'll be able to explain why we changed auditors on May 13th - it was a classic risk vs. reward. I'm not happy about the timing but in reality everything can't always be picture perfect.

"Scandle34" comments on P2O "validation"



The products sold at the pump must pass a well defined series of tests. These include viscosity, conductivity, density, pour point, flash point, crackle test, sulfur content, etc. These are periodic tests that can be performed at the blending facility.

To become end use products, the "near diesel" must be separated into gas, kerosene, jet, and diesel fuel fractions and each fraction must have the proper additives (dyes, conductivity modifiers, stabilizers, detergents, etc.) added and then be tested as above. They claim they can do the separations at the blending facility.

These steps add $1/gallon to the selling price but incur nearly that in tax burdens and process costs.

They can sell the raw product above WTI with minimal testing burden or further "validation". Everything above is the 100 year old technology.

The "validation" of the process has been geared to getting investors to believe in it, getting a handle on real operational parameters for cost modeling, and getting air permits. This is the plastic to oil technology that has 40+ years of development history and is marginally market-ready in competing forms. Either we have something better or we are only incrementally closer. "Validation" suggests we have something better.

Remember - A Memorial Day Tribute



MAY GOD BLESS THIS AIRLINE CAPTAIN:

He writes: My lead flight attendant came to me and said, "We have an H.R. on this flight." (H.R. stands for human remains.) "Are they military?" I asked.

'Yes', she said.

'Is there an escort?' I asked.

'Yes, I already assigned him a seat'.

'Would you please tell him to come to the flight deck. You can board him early," I said..

A short while later, a young army sergeant entered the flight deck.

He was the image of the perfectly dressed soldier. He introduced himself and I asked him about his soldier. The escorts of these fallen soldiers talk about them as if they are still alive and still with us.

'My soldier is on his way back to Virginia,' he said. He proceeded to answer my questions, but offered no words.

I asked him if there was anything I could do for him and he said no.

I told him that he had the toughest job in the military and that I appreciated the work that he does for the families of our fallen soldiers. The first officer and I got up out of our seats to shake his hand. He left the flight deck to find his seat.

We completed our preflight checks, pushed back and performed an uneventful departure. About 30 minutes into our flight I received a call from the lead flight attendant in the cabin. 'I just found out the family of the soldier we are carrying, is on board', she said.

She then proceeded to tell me that the father, mother, wife and 2-year old daughter were escorting their son, husband, and father home. The family was upset because they were unable to see the container that the soldier was in before we left. We were on our way to a major hub at which the family was going to wait four hours for the connecting flight home to Virginia .

The father of the soldier told the flight attendant that knowing his son was below him in the cargo compartment and being unable to see him was too much for him and the family to bear. He had asked the flight attendant if there was anything that could be done to allow them to see him upon our arrival. The family wanted to be outside by the cargo door to watch the soldier being taken off the airplane.. I could hear the desperation in the flight attendants voice when she asked me if there was anything I could do..

'I'm on it', I said. I told her that I would get back to her.

Airborne communication with my company normally occurs in the form of e-mail like messages. I decided to bypass this system and contact my flight dispatcher directly on a secondary radio. There is a radio operator in the operations control center who connects you to the telephone of the dispatcher. I was in direct contact with the dispatcher.. I explained the situation I had on board with the family and what it was the family wanted. He said he understood and that he would get back to me.

Two hours went by and I had not heard from the dispatcher. We were going to get busy soon and I needed to know what to tell the family.

I sent a text message asking for an update. I saved the return message from the dispatcher and the following is the text:

'Captain, sorry it has taken so long to get back to you. There is policy on this now and I had to check on a few things. Upon your arrival a dedicated escort team will meet the aircraft. The team will escort the family to the ramp and plane side. A van will be used to load the remains with a secondary van for the family. The family will be taken to their departure area and escorted into the terminal where the remains can be seen on the ramp. It is a private area for the family only. When the connecting aircraft arrives, the family will be escorted onto the ramp and plane side to watch the remains being loaded for the final leg home.

Captain, most of us here in flight control are veterans. Please pass our condolences on to the family. Thanks.'

I sent a message back telling flight control thanks for a good job. I printed out the message and gave it to the lead flight attendant to pass on to the father. The lead flight attendant was very thankful and told me, 'You have no idea how much this will mean to them.'

Things started getting busy for the descent, approach and landing. After landing, we cleared the runway and taxied to the ramp area. The ramp is huge with 15 gates on either side of the alleyway.

It is always a busy area with aircraft maneuvering every which way to enter and exit. When we entered the ramp and checked in with the ramp controller, we were told that all traffic was being held for us.

'There is a team in place to meet the aircraft', we were told. It looked like it was all coming together, then I realized that once we turned the seat belt sign off, everyone would stand up at once and delay the family from getting off the airplane. As we approached our gate, I asked the copilot to tell the ramp controller we were going to stop short of the gate to make an announcement to the passengers. He did that and the ramp controller said, 'Take your time.'

I stopped the aircraft and set the parking brake. I pushed the public address button and said, 'Ladies and gentleman, this is your Captain speaking I have stopped short of our gate to make a special announcement. We have a passenger on board who deserves our honor and respect. His Name is Private XXXXXX, a soldier who recently lost his life. Private XXXXXX is under your feet in the cargo hold. Escorting him today is Army Sergeant XXXXXXX.

Also, on board are his father, mother, wife, and daughter. Your entire flight crew is asking for all passengers to remain in their seats to allow the family to exit the aircraft first. Thank you.'

We continued the turn to the gate, came to a stop and started our shutdown procedures. A couple of minutes later I opened the cockpit door. I found the two forward flight attendants crying, something you just do not see. I was told that after we came to a stop, every passenger on the aircraft stayed in their seats, waiting for the family to exit the aircraft.

When the family got up and gathered their things, a passenger slowly started to clap his hands. Moments later more passengers joined in and soon the entire aircraft was clapping. Words of 'God Bless You', I'm sorry, thank you, be proud, and other kind words were uttered to the family as they made their way down the aisle and out of the airplane. They were escorted down to the ramp to finally be with their loved one.

Many of the passengers disembarking thanked me for the announcement I had made. They were just words, I told them, I could say them over and over again, but nothing I say will bring back that brave soldier.

I respectfully ask that all of you reflect on this event and the sacrifices that millions of our men and women have made to ensure our freedom and safety in these United States of AMERICA .

Foot note:

As a Viet Nam Veteran I can only think of all the veterans including the ones that rode below the deck on their way home and how they were treated. When I read things like this I am proud that our country has not turned their backs on our soldiers returning from the various war zones today and give them the respect they so deserve.

I know every one who has served their country who reads this will have tears in their eyes, including me.

Prayer chain for our Military... Don't break it!

Please send this on after a short prayer.. Prayer for our soldiers Don't break it!

Prayer:

'Lord, hold our troops in your loving hands. Protect them as they protect us. Bless them and their families for the selfless acts they perform for us in our time of need. Amen..'

Prayer Request: When you receive this, please stop for a moment and say a prayer for our troops around the world.

There is nothing attached. Just send this to people in your address book. Do not let it stop with you. Of all the gifts you could give a Marine, Soldier, Sailor, Airman, & others deployed in harm's way, prayer is the very best one.

GOD BLESS YOU!!!

God Bless America

and... I feel we're gonna need His Blessings!

Glenn Beck's final thought:

We didn’t start celebrating Memorial Day until after the Civil War, but it was during that conflict, November of 1863, that President Abraham Lincoln gave his historic Gettysburg Address and eloquently laid out the simple yet profound idea that lies at the heart of this day:

"It is for us the living, rather, to be dedicated here to the unfinished work which they who fought here have thus far so nobly advanced. It is rather for us to be here dedicated to the great task remaining before us - that from these honored dead we take increased devotion to that cause for which they gave the last full measure of devotion - that we here highly resolve that these dead shall not have died in vain - that this nation, under God, shall have a new birth of freedom - and that government of the people, by the people, for the people, shall not perish from the earth."


And a singing tribute to our troops:

http://www.resistnet.com/forum/topics/gene-simmons-from-kissa



z

Saturday, May 29, 2010

"P2O-HereWeGo" discusses JBII progress


Putting things in perspective.

In 2009 the risk with JBI was not whether the accounting was perfect, which exchange the stock traded on or when a permit would be issued, it was whether a process that turned waste plastic into sellable oil of some sort could be scaled from the lab to commercial production, that the equipment required to do this would be relatively cheap (versus multi-millions for other technologies) and the yield of sellable oil would make this highly profitable.

Today hundreds of people have seen that this has been accomplished and indeed the "production" version is more efficient than was initially expected. At the same time the Company has arranged facilities to support several processors, blend the resulting output (not necessary but value added) and make the catalyst, as well engaging partners in other jurisdictions to help roll out processors at a lower capital outlay for JBI.

All in all, not bad for a year’s work...

Yes there is more work to be done before the profit really flows but it sure seems less difficult than what has been accomplished to date and the company’s filings indicate that there is sufficient cash to execute the plan. Absolute values are all relative, but it seems to me that the risk/reward ratio has improved significantly from a year ago irrespective of some saying it has taken longer than was expected.

Nothing that is done in real time is ever perfect and for sure shareholders resolve has been tested, but from my perspective, the foundations are being strengthened each step along the way. Sure, the permit, Qs and Ks require time and work but the technology risk is now small and the second half of the year should see the company mature and grow.

Friday, May 28, 2010

"stocker11" questions iHub naysayers' apparent negative agenda


Why is it that almost everything talked about on this board becomes a negative to some?

Several examples come to mind:

You said: P2O would never work - eventually you conceded it works and that it's old technology why wouldn't it work, it's been around for years but it's not efficient;

You said: P2O was not scalable - that's been done so you have now conceded that it is;

You said: P2O was not feasible to build - you've conceded that JBI's design is far less costly to build than competitors (does not cost millions of dollars like Environ and others nor will it need to be subsidized);

You said: P2O has too much competition to be a successful - you have now conceded that JBII's processor is the most cost efficient processor on the market compared to competitors or at least you have found no one that can do it more efficiently;

You said: P2O would cost more than $10.00 a barrel to produce - eventually you conceded that JBII could produce for that price or at least you could not, and cannot, provide any evidence to the contrary;

You said: P2O would produce only slurry - eventually you conceded it could product a high quality fuel per Islechem testing;

You said: P2O would never have enough feedstock - that was conceded when the numbers were provided about the amount of plastic that goes to landfills each year;

You said that JBII should never have employed Gately but when JBII was able to afford to switch to a top 50 fifty auditor you said that too was a red flag for a reason yet to be provided.

I have one question that will go to whether you are considering all information about JBII:

What are the positives you see in this company?

This company has so much potential and will do so much for the world if they can eliminate plastic and tires in dumps (just think of the fish and wildlife alone). To see naysayers continuously put down a company's efforts to become a world leader in an extremely worthwhile project is very discouraging. I sometimes wish he'd obtained funding from the government instead of going public - at least that way the project would proceed and be successful without the interference, negativity and uphill battle caused by going public.

I too have no problem with those bringing up honest, tough questions about this or that - it makes for more information being researched and in all cases with JBII more credibility to an already flawless reputation. Everyone is allowed to make a few mistakes in life - no one is perfect. 20/20 hindsight is something we all wish we had.

I certainly hope that JBII pursues those making libelous comments and knowing John I think he will. It will be pretty easy to prove a case once those hiding behind aliases are identified – simply cut and paste from the various message boards. Also once identified their motives will also be known. I expect we don't even know the 1/2 of what the naysayer/shorters/competitors/etc. have done to try and stop JBII from succeeding.

If JB is only half as successful as he hopes he should be nominated for the Nobel Peace Prize.

What this guy and this company have done in a year is incredible. What's about to unfold in the coming months is going to put this company in the news headlines for their incredible contribution to a huge environmental problem.

Thursday, May 27, 2010

Rawnoc says "Study history." Add JBII to this list.


"Study history." Add JBII to this list.

"Drill for oil? You mean drill into the ground to try and find oil? You're crazy." --Drillers who Edwin L. Drake tried to enlist to his project to drill for oil in 1859.

"If I had thought about it, I wouldn't have done the experiment. The literature was full of examples that said you can't do this." --Spencer Silver on the work that led to the unique adhesives for 3-M "Post-It" Notepads.

"Heavier-than-air flying machines are impossible." --Lord Kelvin, president, Royal Society, 1895.

"Louis Pasteur's theory of germs is ridiculous fiction". --Pierre Pachet, Professor of Physiology at Toulouse, 1872.

"Professor Goddard does not know the relation between action and reaction and the need to have something better than a vacuum against which to react. He seems to lack the basic knowledge ladled out daily in high schools." -- 1921 New York Times editorial about Robert Goddard's revolutionary rocket work.

"Sensible and responsible women do not want to vote." --Grover Cleveland, U.S. President, 1905.

"Computers in the future may weigh no more than 1.5 tons." --Popular Mechanics, forecasting the relentless march of science,1949

"I think there is a world market for maybe five computers." --Thomas Watson, chairman of IBM, 1943

"I have traveled the length and breadth of this country and talked with the best people, and I can assure you that data processing is a fad that won't last out the year." --The editor in charge of business books for Prentice Hall, 1957

"But what ... is it good for?" --Engineer at the Advanced Computing Systems Division of IBM, 1968, commenting on the microchip.

"There is no reason anyone would want a computer in their home." --Ken Olson, president, chairman and founder of Digital Equipment Corp., 1977

"This 'telephone' has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us." -- Western Union internal memo, 1876.

"The wireless music box has no imaginable commercial value. Who would pay for a message sent to nobody in particular?" --David Sarnoff's associates in response to his urgings for investment in the radio in the 1920s.

"The concept is interesting and well-formed, but in order to earn better than a 'C,' the idea must be feasible." --A Yale University management professor in response to Fred Smith's paper proposing reliable overnight delivery service. (Smith went on to found Federal Express Corp.)

"Who the hell wants to hear actors talk?" --H.M. Warner, Warner Brothers, 1927.

"I'm just glad it'll be Clark Gable who's falling on his face and not Gary Cooper." --Gary Cooper on his decision not to take the leading role in "Gone With The Wind."

"A cookie store is a bad idea. Besides, the market research
reports say America likes crispy cookies, not soft and chewy cookies like you make." --Response to Debbi Fields' idea of starting Mrs. Fields' Cookies.

"We don't like their sound, and guitar music is on the way out." --Decca Recording Co. rejecting the Beatles, 1962.

"So we went to Atari and said, 'Hey, we've got this amazing thing, even built with some of your parts, and what do you think about funding us? Or we' ll give it to you. We just want to do it. Pay our salary, we'll come work for you.' And they said, 'No.' So then we went to Hewlett-Packard, and they said, 'Hey, we don't need you. You haven't got through college yet.'" -- Apple Computer Inc. founder Steve Jobs on attempts to get Atari and H-P interested in his and Steve Wozniak's personal computer.

"You want to have consistent and uniform muscle development across all of your muscles? It can't be done. It's just a fact of life. You just have to accept inconsistent muscle development as an unalterable condition of weight training." --Response to Arthur Jones, who solved the "unsolvable" problem by inventing Nautilus.

"Stocks have reached what looks like a permanently high plateau." --Irving Fisher, Professor of Economics, Yale University, 1929.

"Airplanes are interesting toys but of no military value." --Marechal Ferdinand Foch, Professor of Strategy, Ecole Superieure de Guerre.

"Everything that can be invented has been invented." --Charles H. Duell, Commissioner, U.S. Office of Patents, 1899.

"64K ought to be enough for anybody." -- Bill Gates, 1981
Raw

Wednesday, May 26, 2010

JBI, Inc. Provides Update on Release of Quarterly Filing

NIAGARA FALLS, Ontario, May 26, 2010 (GLOBE NEWSWIRE) -- JBI, Inc. (the "Company") (OTCBB:JBII - News) has been delayed in filing its quarterly financial statements due to a recent change in our independent registered accounting firm. JBI made the decision earlier this month to upgrade to a larger regional firm to better support our growing business and to prepare for the rollout of our Plastic2Oil technology. The new auditor requires time to completely review our company before they can certify any future filings. This review is currently taking place and includes the valuation of JBI's business units. The financials for our quarter ended March 31, 2010 and the re-audited financials for our previously filed Form 10-K will be prepared by our new independent registered accounting firm.

Tuesday, May 25, 2010

"Stu" believes JBII represents a huge opportunity



Huge opportunity. That's what I believe buying JBI shares at today's prices is. It's incredible... almost as good as last summer when only a small group of people were in the know.

And while I cannot (obviously) predict what the share price will do in the short-term, I believe it's a very good long-term investment.

Consider for a moment all the people who know JB, have spoken to him personally, or to the JBI board or employees. What percentage of these people believe that JBI will succeed? Now consider all the people who believe JBI's P2O is a hoax, or will never work as advertised. How many of them have ever met JB or spoken to people on the board?

I think the answer is clear. Now ask yourself who you'd rather believe.. those who are close to the company, or those who analyze JBI like any other penny-stock chart?

I choose to believe. I believe that re-stating financials is a good thing for the company, and I believe the auditors (and/or NASDAQ) insisted upon doing it. I don't believe it will unearth anything that is grounds for a lawsuit either. I believe that none of PIPE investors was influenced by the book-value of the media credits. I believe the CEO deserves a modest salary when DEC permits are issued, and I believe his options carry a strike-price that shows the level of trust he has that JBI will be very profitable.

In short, I believe. And if you do too, I believe you will be rewarded.

Stu

And in a follow-up post Stu comments about the huge growth potential of JBI's technology in helping to alleviate or reduce tire waste pollution:

Processing tires has a huge potential. From what we have been told though, the first generation processor (and catalyst?) will be optimized for plastics. Processing tires will include the recovery of carbon-black, wire, and even some rubber polymers that are worth more on the market as is. We were told this is not yet JBI's focus, though clearly with the incredibly accessible stockpiles and the environmental and health hazard they pose (health esp. in equatorial regions.. mosquitoes, disease, etc.) is some very low-hanging fruit for Plastic2Oil.

Sunday, May 23, 2010

"Zardiw" discusses JBII's current situation


JBII: Current Situation:

Ok, here we are and it looks like we're going through a rough spot.

Some things have happened that are out of our control and that seem to have affected the stock price.

1. The market is in a general downturn.
2. It's taken longer than expected to get that air permit.
3. They've been forced to change accountants, and that has delayed our 10Q.
4. The new accountants have asked to review the accounting on the 2 acquisitions, and the media credits.

We don't know what the review of the previous 10Q and 10K will result in. Advertising prices have dropped since those media credits were obtained, so those will probably be valued less than they were, but even if they are, I really don't see anything significant about that. As for the review of the accounting on the 2 acquisitions, I also don't expect any significant changes, or how that will have any significant effects imo.

But there's also been some good things that have happened.

The main thing is that the first production machine is now operational and is only waiting for a production permit to commence operations.

Since JBII's production machine results in 90% Diesel output, and processes waste plastic at a VERY rapid rate, when revenues start rolling in, they will be Significant.

1. The company has recently raised an additional $2 million in operating cash, with NO dilutive effect on the share structure.
2. We have plenty of cash to get P2O production going.
3. We have plenty of cash to get Pak-It products rolled out.
4. There's also plenty of cash to get the fuel blending site operational.


Some very savvy accredited investors have expressed confidence in JBII by buying shares at $4 when the market price was actually 25% less than that. Seems like they know something.

Our company is honorable, with a very well respected CEO who is working extremely hard for the company to succeed with it's business plan and to create value for the shareholders.

Once that production permit is obtained, JBII can announce that they're producing and selling diesel.

Seems to me when the Press Release on that comes out, it will have a very positive effect on our share price.

Another positive effect imo is that the share price is at a more attractive level and should lead to more buying.

A lot of new eyes have been cast in our direction......hopefully those people will see what we see.

Anyway, that's how I see the current situation.

The Bottom Line:

I've always been a proponent of the Bottom Line. So what IS the bottom line here?

To me it's very simple.

JBII has a waste plastic to diesel processor that is light years ahead of the competition.

It eats waste plastic, and spits out: 90% high grade Diesel, 8% Natural Gas, and only has 1% non toxic residue.

It's Green. There are no toxic emissions whatsoever.

It's operational. It works.

It's been independently validated to work by IsleChem (a very high class company with some brilliant people).

250 Shareholders saw it running full bore at the AGM.

One day very soon, there will be a press release that states the company has received their air permit, and is commencing production.

They will most likely announce that they have sold the fuel that's in that tanker outside the building where they've pumped all the diesel from test runs.

Everyone will then realize that it's for real.

And I anticipate intense competition for shares at that time.

Then we have Pak-It with it's elegant solution of putting cleaning chemicals inside water soluble packets.

Pak-It has been generating profits all along from sales to businesses like Home Depot, and has now started to penetrate the retail market.

Karcher is already selling the Pak-It cleaners on Amazon, and they will soon be in your local WalMart.

Then we have Javaco, the little sister of the bunch, who recently reported a 52% increase in revenues.

And last we have the 'sole sourced by NASA' vintage tape reading business that's been placed on the back burner until P2O becomes operational. We have a 100,000 tape backlog of NASA tapes at the moment. Addax Petroleum is also sending in seismic tapes to be converted to modern media. Other oil companies are sure to follow. Our company is the only one in the world that can guarantee 100% accuracy in reading these 40+ year old tapes. There are millions of them needing to be read and converted to modern storage. NASA has millions containing satellite data. Oil companies have millions containing seismic data.

So there you go.

The Bottom Line: JBII is on the verge of generating a significant increase in profits for her shareholders.


z

"Rawnoc" explains how JBI, Inc. CEO earned his "Honest John" title


"Rawnoc" comments on how John Bordynuik, JBI, Inc. CEO, came to be called "Honest John" in news articles. Many skeptics have been questioning this "Honest John" moniker, saying that in fact Mr. Bordynuik originally "hacked" into the ATM banking system and should be prosecuted. Rawnoc wants to set the record straight once and for all.

Rawnoc states:
Actually he was 20 at the time. What happened was he went to the ATM to get $5 for gas and $400 popped out. He was like WTF? Hit it again and another $400 popped out. He then realized there was a bank error and a huge deposit was made into his account by accident since he knew he only had $6.77 in his account. He tried transfering $95,000 from his checking to his savngs account and it went through. He kept doing it over and over again dumbfounded by how much was ALREADY in his checking account.

Hacked into the banking system? Puh-leaze. It was put into his account by mistake already and came from somebody else's account. The bank spent a week trying to figure out where it came from and they couldn't find any missing money from other accounts for over a week and kept insisting it must be his then until they finally found where the missing money was. In the mean time, John had walked into the bank and was insisting that he never made any deposits that large into his account and not only to take back the $1.2 million but handed over the $800 cash, never spending a dime of it.

Would he have been prosecuted? Hell no. He woke up one day and there was $1.2 million in his account. Maybe he thought eventually they'd figure it out so why bother even attempting to keep it, but what college student would have returned the $800 in cash ontop of that especially when that college student only has $6.77 to his name and beer on his mind? I would have given the $1.2 million back too, but when I was 20? I probably would have at least asked to keep the $800 as a reward....shit lol

Now those are the details from one published article that I read. There were probably more details involved as to why they called him "Honest John" and my guess is that it had something to do with returning the $800 cash more so than the $1.2 million. I'm quite certain he could have gotten away with the $800 cash and certainly wouldn't be prosecuted for it. But maybe it was for the $1.2 million.....he could have just not said a word and just hope nobody catches on because he had NO RISK of prosecution since he didn't put that cash in there. Hacked in? LOL.......not quite. In fact, not even remotely.

Honest John earned his name that week.

Friday, May 21, 2010

"MikeDDKing" reflects on stock market action & JBII

At this point I'm not buying anything including JBII.

There were good and bad events that were reported in the most recent weeks for JBII. A lot of what happened this week is part of the maturing process for a startup.

I would summarize as follows:

Good
1. They retained a much bigger and more reputable auditor. I never liked Gately and Assiciates and am very happy with their choice to go with Withum Smith + Brown.

2. They did a private placement which added $2M to the coffers and was done on decent terms. That gives them a bigger cash cushion to commercialize P2O. They stated the following about their cash level: "The Company has sufficient cash to complete the P2O factory in Niagara Falls NY and to upgrade the Pak-It facility for retail rollout and to bring the fuel blending site to an operational state."

3. They formalized John's compensation package which I was happy to see. Given that he has voting control of the company I never liked the fact that there wasn't a formalized definition of his compensation. He doesn't make money until P2O gets a production permit so he continues to have lots of skin in the game.

Bad
1. They are late on their Q1 report. Nobody ever likes to see that. However, other than the cash position I mostly am not concerned with the contents of the report. Since they have made a disclosure about their cash position, for the most part I got what I wanted already.

2. They announced that they are restating their results which is unfortunate for any company to have to do. I was never fond of the quality of their accounting so it is good that they are cleaning this up. This is not unusual for this phase of a startup operation. The timing could have been better but that is life.

Other than having more cash, none of the above changes anything about their operations or progress. P2O gives them some huge potential that I think they will be successful in commercializing. Startups are never easy but it seems that they have jumped through most of the big hurdles at this point.

P.S. Did you really want to know about JBII or were you just stopping by to needle me when one of my stocks goes down? You seem to look down on JBII based upon your posting history.

I'm not going to be around for most of the weekend so replies to any responses may not happen until Monday.
Mike

JBI, Inc. Completes Private Placement

NIAGARA FALLS, Ontario, May 21, 2010 (GlobeNewswire via COMTEX) – JBI, Inc. (the “Company”) (OTCBB: JBII) has completed a private placement. A total of 488,779 shares were sold at $4.00 per share allowing the Company to raise a total of $1,955,116.

JBI CEO John Bordynuik, commented, “The money raised in this placement will allow JBI to run all continuing operations and support development of our Plastic2Oil rollout.”

Thursday, May 20, 2010

JBI, Inc. Completes Employment Agreement for CEO John Bordynuik

NIAGARA FALLS, Ontario, GLOBE NEWSWIRE May 20, 2010

JBI, Inc. (the "Company") (OTCBB:JBII) today entered into an employment agreement including a compensation plan for CEO John Bordynuik. The compensation plan will commence upon issuance of the production permit for the Company's first Plastic2Oil processor. The five year agreement provides Mr. Bordynuik with a base salary as well as option awards contingent upon specific milestone achievements consistent with JBI's value-based management philosophy. Compensation will be reviewed by the Board of Directors' Compensation Committee annually.

In consideration of the services to be rendered hereunder, the Company hereby agrees to pay the Executive an annual base salary of $180,000, commencing the date the Company receives full DEC approval, payable in equal semimonthly installments in accordance with the usual practice of the Company (the “Base Salary”). The Base Salary shall be subject to an annual review by the Board and may be renegotiated based on criteria to be determined by the Board. The Executive will be responsible for his own income tax payable to relevant federal and state authorities in the United States. The Executive's Base Salary shall be subject to annual review by the Board (or a committee thereof).

(b) Stock Options. Subject to the terms and conditions provided in this Agreement, the Company agrees to grant the Executive stock options to purchase a maximum of 250,000 shares of the common stock of the Company in the following manner.

1. The first tranche of 100,000 options at an exercisable at a price of $4.89 and become fully vested on the Effective Date.

2. The second tranche of 75,000 options carrying an exercise price of $4.89, and vesting upon the completion of 5 fully operational Plastic 2 Oil (“P2O”) processors.

3. The third tranche of 75,000 options carrying an exercise price of $4.89, and vesting when the Company’s market capitalization exceeds $500,000,000 as determined by the Company’s independent accounting firm.

Mr. John M. Wesson, Chair of the Compensation Committee, commented, "This agreement affirms John Bordynuik's efforts to build value for JBI shareholders and provides him with compensation for achieving milestones significant to the growth of the Company. The Board looks forward to establishing additional incentives as soon as the outlined goals have been achieved."

About JBI, Inc.

JBI, Inc. is a technology company focused on injecting intelligence into existing products and processes, making them efficient and profitable. JBI seeks to innovate new solutions to issues facing today's world, including environmental concerns. JBI currently has four business lines including JBI's tape data recovery, JAVACO, PAK-IT LLC and our new Plastic2Oil business. Information on our company and all of our products and services can be found at www.jbiglobal.com.

Wednesday, May 19, 2010

JBI, Inc. CEO comments on uplisting & permits


John, can you comment specifically as to whether the change in auditors 1) delays the timeline for uplist, 2)was the result of NASDAQ questions/concerns and, thus, enhances our efforts to uplist soon or 3) was done completely unrelated to if or when JBII uplists to NASDAQ?

John Bordynuik: I wish I could comment specifically so I'll comment generically on the uplist process. A consultant would advise you to release as little news as possible and keep new material information to a minimum as every change generally causes more questions from an exchange. An exchange sends comments to the company to seek information about various filings or company data.

For some more information:
http://www.thestreet.com/story/10725448/1/how-an-uplisting-works.html

Our business plan has not changed from what it was last year. Our stock has always whipsawed all over the place (volatility, exchange, volume, etc...) and I believe it will continue to do so until permits and some production is booked. The uplist requirements are average volume, not must trade above $4 for every trade for 90 days. Changing auditors now is a heck of a lot easier than when in the middle of P2O rollout. Watching our stock price constantly or reacting to it for a short-term gain would be bad for the company long-term.

After the stack permit is obtained, will you need any thing else before you can produce and sell the fuel from p2o?

John Bordynuik: Nothing. A simple air permit is all that is required. Other usual permits: sewer, river water (if applicable) are additional on some some sites but not relevant to ours. If we had large 20,000 gallon fuel tanks bolted to the floor of our site then we would require a fuel storage permit. We do not require those as tankers will do. If our processor was running on river water then we would require a river water permit (we are not using river water), and we have no discharge to a sewer, although our site already has a sewer permit.

Tuesday, May 18, 2010

"stocker11" opines on JBII profit potential


When something has the potential of this company, there is no reason not to be patient.

Each processor will net about $50,000 per week/$226,720 per month/$1,178,440 per year. This is an extremely conservative estimate as each processor may produce up to 400 bbl per day and not the 109 bbl/day these estimates are based on.

So, taking a middle of the road number of 200 bbl per day and only 300 operating days = 60,000 bbl per year x $65.00 per bbl = $3,900,000 per processor.

If they plan 6 processors for the New York facility that's $23,400,000 for just this 1 site. 90 processors in Florida = $351,000,000

With URS on board and permits in hand there will be no reason to delay. Joint Venture partners will have deadlines to meet and their money will be required to make installations.

These shares have a tendency to creep up a little at time - the next thing you know they will be out of reach for a lot of common people. If anyone is looking to get in this may be the time.

All my opinion only.

Friday, May 14, 2010

JBI, Inc. Engages New Independent Registered Public Accounting Firm.

On May 14, 2010, the Board of Directors appointed Withum Smith + Brown, PC ("Withum") as the Company's new independent registered public accounting firm. The decision to engage ("Withum") was approved by the Company's Board of Directors on May 14, 2010.

http://www.withum.com/

"wesa225" applauds CEO Bordynuik & JBI progress

I have noticed from watching this company for many months that John is very methodical in his business plan.

He won't be rushed into media presentation until he has built a solid foundation to present. This will not only save time and be more accurate, but it will have more impact. That is one reason why, for example, there were not processors being churned out in a hurry to start large scale production before now. The processor was being adapted and perfected by Islechem. John knows what he is doing, and is getting his ducks in a row. IMO he has outstanding vision and knows where he is going, and will show it to the media when the time is right.

Those who don’t recognize a gem when they see it, will lose the opportunity to benefit from it.

I am reminded of the quote, “Rome wasn’t built in a day”. John B. is building his company in steps, each one perfected before moving on to the next. Through IsleChem the P2O processor was perfected and the resultant oil documented as being a uniform high-quality product; he obtains the necessary permits; Javaco and Pak-It were purchased for their valuable supporting roles; 45 sites (at least) have been secured for processors; NASDAQ has been applied to; highly qualified and talented persons are on the management team; marine P2O is ready to go; and a blending facility and air filtration company are also ready. The processors are economical to build and run and have no pollution. And this list is by no means complete.

It is greatly surprising that anyone would actually believe that a company with this foundation, and this much progress in a year, is lagging in any way.

Oh, and it’s debt-free.

Thursday, May 13, 2010

NewsUSA - Traction-Pak helps prevent seniors' slips & falls


Steady Steps to Prevent Seniors’ Slips and Falls

(NU) - Slips and falls are a common cause of injury in the United States, and the risk increases with age. According to the Centers for Disease Control and Prevention (CDC), falls are the most common cause of injury deaths, nonfatal injuries and hospital admissions for trauma in seniors. But slips and falls are not inevitable – most can be prevented. Many falls occur in nursing homes and hospitals. In fact, slips and falls are the leading cause of injury in long-term care facilities. If your loved one is in an assisted living facility or nursing home, ask the management about its fall prevention plan – it should have one. You can also evaluate the facility when you visit. Here are some things to look out for:

Slippery floors. All floors should be level and offer noticeable traction, as canes and walkers require high slip-resistance. Make sure that there are no loose tiles or thick carpets that could cause seniors to trip. And ask how the floors are cleaned – soap scum can make floors even more slippery.
On the other hand, some manufacturers are producing floor cleaners that increase traction. For example, Traction-Pak from Pak-It (www.pakit.com) is an anti-slip floor treatment that bonds with the floor to form an anti-slip surface, even while wet. This is important, as liquid spills cause many falls.

Bright lighting. As seniors age, they need more light to see clearly. Frosted bulbs or lamp shades may help reduce glare. Surface level changes and obstructions should be clearly marked, whether by color-contrast or light strips. Look for night-lights in residents’ rooms, as they improve visibility at night.

Individual fall prevention plans. Not all seniors share the same risk. For example, a senior who suffers from dizziness or who is visually-impaired is more likely to fall than one who is not. Ask about the particular ways in which the staff will help your loved one avoid falls, such as arranging exercise to increase or retain mobility and training residents in fall prevention.

For more information, visit www.pakit.com or www.jbiglobal.com. JBI trades on the OTC under the stock symbol: JBII.

NewsUSA - Traction-Pak is important for kids' sports



Sports Safety:

Not Just For the Home Stretch

(NU) - You know that your child should wear safety equipment for the big game. But do you practice equal vigilance at your child’s practice? If you don’t, you’re not alone. According to Safe Kids USA, 33 percent of parents take more safety precautions for games, even though 62 percent of organized sports-related injuries happen at practice. There’s no doubt that sports benefit kids. In fact, the American Academy of Pediatrics recommends that every child participate in sports or another activity that promotes physical activity. So what can parents do to make practices safer? Here are some tips:

Make sure your child is healthy enough to play sports in the first place Children should receive sports physicals before signing up for any sport.

Make sure that practice facilities are safe. For example, ask your school to make the gymnasium less slippery. Some companies are actually designing floor cleaners that increase slip-resistance. For example, Traction-Pak from PAK-IT (www.pakit.com) cleans and polishes floors while also creating a non-slip surface. As slips and falls are a major cause of injury in schools, cleaning hallways and cafeteria, as well as gyms, with a slip-resistant floor cleaner is an easy way to improve overall safety.

Make sure kids wear the proper safety equipment for their sport. Equipment should fit well and look well-maintained. And children should wear the same equipment for practice as they do at games.

Don’t allow your child to overtrain. In the past, child athletes played different sports each season Now, children face pressure to choose one sport and play it all year, leading to overuse and repetitive motion injuries, such as pitcher’s elbow. Encourage children to try different sports and, if they only want to play one, have them try different positions.

Keep kids fueled. Overexertion and dehydration also pose problems on the practice field.Provide healthy snacks and make sure that kids drink enough water. In hot weather, coaches should give children frequent breaks.

For more information, visit www.pakit.com or www.jbiglobal.com. JBI trades on the OTC
under the stock symbol: JBII.

Wednesday, May 12, 2010

PAK-IT Introduces Traction-Pak(TM) to Reduce Slip & Fall Accidents


Philadelphia, PA - Jacob Smith, Chief Operating Office of PAK-IT LLC, a wholly owned subsidiary of JBI, Inc. (OTCBB: JBII), today introduced Traction-Pak(TM), a new floor care product that helps reduce slip and fall accidents. Traction-Pak not only cleans floors without any residue; the product actually reacts with and revitalizes the finish, leaving floors glossy but safe.

"Every person entering a building comes in contact with one major component - the floor," Smith noted. "Preventing slips and falls and their potential liability issues should be a key focus for every business owner and/or their Building Service Contractors."

Traction-Pak is a dual purpose labor-saving floor maintenance product, packaged in a pre-measured water soluble packet, which can be used economically in an automatic scrubber or dissolved in a mop bucket and applied, leaving behind a burnishable thermoplastic film. Traction-Pak is designed to eliminate the need for a separate application of a rejuvenator or additional floor treatment product after the cleaning operation.

The active cleaning ingredients of the product loosens soil and removes black heel marks which are lifted from the floor by the vacuuming action of an automatic scrubber or cling to the mop for easy removal. The other active materials react or penetrate the floor finish film substrate, replenishing vital plasticizers or other "permanent" ingredients that may have been extracted by harsh chemicals or abrasion, as well as, provide ingredients that increase the slip resistance or coefficient of friction. This leaves a film in a state that has increased burnish response, if desired. The "wet look" can be obtained with less aggressive pads and in a much shorter time.

These active ingredients actually become part of the substrate providing extended wear and slip properties. This increased slip resistance has been verified by both the James Machine standard test methods and Regan Scientific BOT 3000 Tibometer

Traction-Pak comes in two formats: either as a bulk chemical available in quarts, gallons or 55 gallon drums, or as the company's patented water-soluble PAK-IT. The 40 gram PAK-IT provides a unique portion control system that does not requiring measuring or cutting. Regular use keeps floors looking great every day, for longer periods, because Traction-Pak cleans, polishes and protects without creating any build-up. It should be considered as absolutely necessary for floor maintenance programs in:

o Schools

o Nursing homes

o Supermarkets

o Retail stores

o Hospitals

o And any high traffic public areas.

About PAK-IT LLC

PAK-IT, LLC is a wholly-owned subsidiary of JBI Inc.: Using the patented PAK-IT(TM) delivery system (liquid cleaner in a water soluble sachet) Pak-It can deliver glass cleaner, disinfectant, multi-purpose, and many more cleaning products (42 products currently) shipped in tiny packages of condensed cleaner (inside a 'dry' 1 quart container). This delivery method is "green" since it's fully biodegradable and saves thousands of dollars in shipping. The user simply adds water to the container without measuring or cutting the Pak-It. Large retailers (like Home Depot and Office Depot) and many national Building Service Contractors already using the product have documented significant cost savings from shipping, training, inventory control and space.

About JBI, Inc.

JBI, Inc. is transitioning to become a global technology leader whose purpose is to mine data from JBI's large information archive, find under-productive entities to inject our superior proprietary technologies into, and benefit from increased productivity and profitability, beginning with Plastic2Oil. In addition to PAK-IT, LLC, JBI has also acquired JAVACO, Inc. JAVACO is part of the Supplier Diversity Network, WBENC. JAVACO, Inc. currently distributes over 100 lines of equipment from fiber optic transmitters to RF connectors. To further enhance business in the United States, new distribution lines are frequently being added including a line of home theater and audio video products. Javaco will operate and manage the Company's Plastic2Oil sites in Mexico.

Tuesday, May 11, 2010

"Stu" discusses JBI P2O vs. competitors'



Why I held (and accumulated): I cannot understand how some people on this board are crying that JBI hasn't gone fully live with their P2O technology after working on it for almost a whole year. And yet the incumbents are .. ahem.. live with theirs and have years and "years of experience" doing P2O.

I wonder how many of them went from concept to fully operational in under a year. My guess is none. So no P2O technology was conceived-of, tested, vetted, permitted and launched as fast as JBI.

Further to that, despite claims to the contrary here on this board, none of the competitors (Nill-Tech, NTIC, Plas2Fuel, Envion, Polymer Energy, Splainex, Donghe, Global Resource Corp., STEPS, Natural State Research, etc..) has the yield, processing speed, fuel output quality, residue quality, required energy input, compact footprint, and low capex that JBI has. None.

The process of pyrolysis is not new -- neither Ozmotech, nor Polymer Energy "designed" it. They simply took the process and made changes and called it their own. That's what JBI has done too. Only all signs point to JBI having done it far better.

Processor size: 50m2
Processor cost: $200k
Process rate: 1000kg in under 10 minutes
Process net energy input: (negative)
Process yield: 99%
Process output: 85% diesel / 15% gasoline, virtually no sulphur, water, or sedimentation
Process air exhaust: nothing but heat


Can you provide us with these numbers for the competitors please? Because if you did, and you looked at the total ROI of their process versus JBI's, you will be shocked by the difference.

And kudos to JBI for buying off-the-shelf components such as the reactor and the condensers -- why reinvent the wheel there?

When the rest of the world gets wind of this, and when P2O revenue starts, JBII will see triple digits.

Monday, May 10, 2010

It's Raining Diesel


New Videos posted.

This is the sight glass between the main condenser and the working storage tank. Look how CLEAN our fuel is! This is High Power Diesel folks.



z

JBI CEO concentrating on P2O

Monty Friesen
John, would it be possible to give an update on the tape reading business? Is it automated to the point where employees can keep it working or does it require your time to keep it working? It has been stated months ago that the tape business has a considerable backlog, is that still the case?

John Bordynuik
It requires much of my time as NASA needs me to analyze the data and get it back to them in a usable form. Oil and Gas is pretty much standardized so there is not much work beyond reading the tapes and loading it into our Swahili Server

I am spending most of my time on P2O where it is needed. I am supporting NASA space sciences (Apollo data) at this time and some Earth Sciences IR data as they have had some staff changes. We have a considerable backlog but I must spend my time on P2O. That is what the market wants and where my time must be. I do greatly enjoy working on data so it is nice that my work in P2O is automation and data analysis.

JBI, Inc. partners with Heart Niagara for fundraising program


Why did Heart Niagara partner with JBI Inc?

JBI partners with customers to forge new relationships and to diligently maintain a legacy client base. As testified by long-standing customers JBI works relentlessly to exceed expectations. Confronted with challenge, they work vigorously to generate viable solutions.

JBI Corporate Headquarters, which includes a wealth of technology and experts, is housed in a 32,000-square-foot facility in Niagara Falls, Ontario, Canada. There Administration, Sales & Marketing and Research & Development team occupies 3,000 square feet of space, while 5,000 square feet is allocated for prototype, assembly and data recovery. Production, shipping and receiving are managed in the remainder of the facility.

After locating in Niagara, JBI Inc’s President & CEO, John Bordynuik, with support from the Vice President Business Development, reviewed the company’s ability to contribute to the community recognizing their role in the corporate chain of social responsibility. To support the JBI Inc. philosophy they developed a product line to support a fundraising program. The Program is targeted at schools, clubs, teams and organizations to increase their ability to meet financial challenges with a competitively priced green product that is used daily in the home.

http://heartniagara.com/index.php?option=com_content&task=blogsection&id=17&Itemid=156

Friday, May 7, 2010

NewsUSA article on P2O


Plastics Create Oil With Energy to Spare

(NewsUSA) - America's quest to reduce its fuel consumption and dependence on foreign oil may lead it to look for energy sources in new places -- like the bottom of a trash barrel.

JBI, Inc. (OTCBB:JBII), a global technology company, has developed a process, called Plastic2Oil (P2O), that converts raw, unwashed, unsorted plastic waste into a fuel similar to biofuel. In April 2010, an independent laboratory, Islechem, validated the P2O process through extensive chemical, analytical and process engineering testing.

Islechem tested the process over 40 times using multicolored, mixed plastics. The laboratory determined that the P20 process is repeatable and can be done on a large scale. Approximately 85 to 90 percent of the hydrocarbon composition in the feedstock is converted into a "near diesel" fuel, while about 8 percent is converted to a usable off gas much like natural gas. In addition, only 1 percent of the plastic becomes residue, and that residue does not contain any highly toxic elements and is safe for landfill disposal. Even better, more energy is produced than consumed by the process. Early data suggest that the process creates twice as much energy as it uses.

"It takes energy to produce energy. The key is to get more energy from the final product than it takes to make it," said JBI, Inc. CEO John Bordynuik. "Our process has a high positive energy balance of 2.0, while gasoline from crude has a negative energy balance of 0.81."

The fuel produced by the P20 process has another major advantage over gasoline from crude oil -- its production, including labor, costs only about $10 a barrel.

Gasoline from crude oil uses more energy than it produces and currently costs between $75 and $85 a barrel -- and yet gasoline companies yield high profits. A process like P20 could revolutionize the market by creating high-quality fuel at much lower costs, while also helping to reduce the amount of plastic that becomes pollution or ends up in landfills.

JBI, Inc. is currently in talks to create P20 processing facilities in Europe, Florida, New York, California, Colorado, Wisconsin, Georgia and Ohio. The company is also looking for waste disposal or recycling companies, and people with under-utilized facilities to convert into P2O factories. For more information, visit www.plastic2oil.com or www.jbiglobal.com.

JBI CEO comments on new Director, stock price & P20 production


John Bordynuik

The last choice for the BOD was a choice of the BOD and myself. I stand behind it. I do not want recyclers on the BOD as we must protect our IP and not educate them. I want their plastic which is not difficult to get. We will have an advisory board for those that can assist us.

P.S.

The stock is not going down because of the BOD appointment. Have you had a chance to look at the market? If you are tired of waiting then this is not the investment for you. We are not a pump and dump and we are doing things within the timelines of real companies. Actually, quite faster. The standard time for a DEC permit is 6 months to a year or more. We have a lot of momentum and support and that shows in the execution of our business plan.

I can't tell you when events are scheduled - that is material information. I can tell you that the DEC allows us to operate the processor prior to the stack test to expedite the production permit process greatly, based on the data and research by IsleChem, and based on existing permits. For the stack test, we are required to run the processor at maximum feed rate in an operating stabilized state.

Hey John, at this point, is the blending facility functional to the degree that the storage tanks are useable?

The storage tanks are usable except for Tank #2 (out of 13 of them). The acquisition did close (as per the Feb PR), we have possession, and our staff has been working there preparing it for fuel.

If the permit took a few more months, would you still be able to produce and store fuel at the blending site?

John Bordynuik

Yes it can, but a FEW MORE MONTHS???!?!?!?? It will not take a few more months. We have a lot of support and the data is good.

"Stu" appreciates new JBI BOD appointment


BOD members are supposed to be representing shareholders. A clinical psychologist is a great choice, since many of us are going to need some serious therapy in about 6 months -- we'll all be suffering from a rare case of "post hundredbaggerus euphoric disorder".

a.k.a. "bipolar itoldyousosis"

Apparently, though rarely, some people are known to be immune to this. It's not genetic though.. it has something to do with your stock portfolio.

Thursday, May 6, 2010

JBI, Inc. appoints Dr. Robin Bagai to BOD



Dr. Bagai, Psy.D, age 59, is a clinical psychologist in private practice in Portland, Oregon. Since 1992 Dr. Bagai has specialized in diagnostic testing and evaluation of adults and adolescents throughout Oregon. He has been an adjunct professor at Portland State University, supervising graduate students in the department of Counselor Education. Dr. Bagai has previously served on the boards of the Portland Psychological Association (PPA) and the Portland Alliance for the Advancement of Psychodynamic Psychotherapy (PAAPP).

Dr. Bagai received his Master’s degree in Counseling Psychology from Antioch University, Seattle in 1986, and his Doctorate in Clinical Psychology from Pacific University School of Professional Psychology, Forest Grove, in 1990. Dr. Bagai was licensed in Oregon in 1992.

Tuesday, May 4, 2010

"SuperSquirrel" opines on JBII & discussion boards


Discussion is good but we can only discuss what we know or what info JB has given us. Speculation beyond that is unproductive. As far as competition, if you believe the hard numbers JB has given to us then we have the edge in several areas:

1) Cheaper to build - Important cost factor in profitability and expandability.
2) More Automated - Less labor costs and more efficient.
3) Better output fuel quality - also selectable and self-powered.
4) Higher volume processor - efficient
5) Smaller footprint - can I say efficient again?
6) The only publicly traded company - Try to invest in the others - this is OUR opportunity.
7) The only franchise model - fast market entry with lower cash drain.

I do wish some of the longs here would try to act like they own and represent a NASDAQ company in their responses. This is not a "game" or a "game over" stock. Forget everything you learned about momo penny stocks & rise above the taunts from those who do not believe JB's statements.

"Rawnoc" says P2O catalyst will make JBI shareholders rich

Proof that the trade secret catalyst is going to make JBII and its shareholders rich...

Original machine: http://www.donghechina.com/bg0.asp

40% yield. 5-10% waste.

JBII's modified machine with catalyst: http://tinyurl.com/263dhad

85-90% yield. 1% waste.

JBII's modified machine + catalyst more than DOUBLES than yield, making JBII's P2O massively profitable with little to no expense of disposing waste. Zero pollution.

GAME OVER

Monday, May 3, 2010

Various JBI shareholders discuss upcoming P2O media "frenzy"

Because of everything discussed/demonstrated, (most) shareholders are quite content with LETTING John Bordynuik be the CEO of JBII without any pointless criticism. (Most) Shareholders are delighted to let him SET PRIORITIES and run the company as he sees fit! No second guessing from most... only from those FEW who imagine that they might do better!

Hard to imagine since the FACTS of JBII's first year show amazing progress and several unexpected challenges that were efficiently and successfully handled to the beneficial improvement of the business plan as things moved along! A record year MOST would agree deserves high praise on merit, not just JB hero worship that some erroneously claim exists.

Good job GETTING JBII this far in year one, John!

Looking for GREEN $$$$$$$$ MACHINE results in the next few months!

FEW are at all discontent right now because MOST ALL of US know this: 2010 is coming up A RED LETTER YEAR in the history of JBII.

Patience is a challenge for many JBII longs... for various reasons:

Soon... very soon... there will be dozens of polymaths kicking themselves in their own rears... quite an agility challenge in itself! Just a nice side show to watch while JBII remains the MAIN EVENT everyone is talking about!

Plenty for the media to catch up on as sidebars:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49650313

while grasping the REALITY of RUN TICKETS from a JBII P2O Processor running daily as OTHERS (permits and plastic included) are rolled out at multiple expansion sites in the coming months...

IMO at least 5... MAYBE 10-15 by the next AGM.

I suspect that in the coming year there will be those who"cannot handle the truth" of JBII 2010!

I understand why people want the media on this now, but ultimately I think it's wise that they're holding back until P20 is pumping out some money.

It's like on that stupid show "Shark Tank" - people show up with great ideas, but the moment they say "oh, but I haven't earned anything with it yet", it's over.

The media might be happy to jump on this story tomorrow, but the audience wants to see at least the initial stages of profit, not just the potential, no matter how obviously great it is. Do the legwork, prove it from all angles, then go public.

I have noticed from watching this company for many months that John is very methodical in his business plan. He won't be rushed into media presentation until he has built a solid foundation to present. This will not only save time and be more accurate, but it will have more impact. That is one reason why, for example, there were not processors being churned out in a hurry to start large scale production before now. The processor was being adapted and perfected by Islechem. John knows what he is doing, and is getting his ducks in a row. IMO he has outstanding vision and knows where he is going, and will show it to the media when the time is right.

Sunday, May 2, 2010

JBI CEO discusses media exposure


John, can we have an update on the Media P2O tour, when that tour will be, or what day it happened. Also, can you mention what types of media and networks will or have attended?

John Bordynuik
Sure, I have answered this a few times. We are having "technical media" tours first. That means magazines and journalists in the plastics or oil field. they are interested in the technical nature of our process and we will gain credibility from that. The second round is mainstream media and that won't happen until after we have production permits and run tickets to show. They will all receive extensive press kits to ensure they have all the information and a consistent story.

John, the AGM looks like it was a great success. I am surprised there has been no publicity about this except on message boards. Is the press deliberately being held back for some other bigger news?

John Bordynuik
No one knows about us. I spoke about that at the AGM. Just because you have a public company doesn't mean anyone knows about you. mainstream media will be invited with a production permit in hand and run tickets. The company's shareholder base has grown totally on word of mouth. It's working. I do believe JBII should be proudly displayed by its shareholders. After all, you own 95% of it. Our passionate shareholders is what is growing our shareholder base.

John Bordynuik

I've been approached so I am lining those up now. It is more important to me to get into production than shutdown afternoons to manage them. Be careful what you wish for! When we are ready for mainstream media we have to manage our time carefully. There are enough of them to shut us down for a month just to do interviews and tours.

John Bordynuik

CNBC gets an interview with ringing the opening bell. We've spent enough time on the OTC slum.