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.