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

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