daylas calls JBII a SLAM DUNK!

Plastic Facts
Environment:

Traditional plastics compose 80% of roadside and 90% of ocean litter.
Each year, plastics kill more than 100,000 birds and marine life.
Yearly waste has reached almost 30 million tons of plastic in the US alone.

Sustainability:

Traditional plastics are both polluting and unsustainable.
Because of depleting oil supplies, prices for traditional plastic are increasing due to their large use of petroleum. (Production of traditional plastics consumes 2.5 billion barrels of oil annually.)

Traditional plastics take up 25% of total landfill space, causing the price of disposal and landfill use to greatly increase.

DONT MISS THIS! THIS IS A SLAM DUNK...The numbers are amazing....

90% of plastic becomes a problem for everyone...This machine turns garbage into alot of energy....

There is no doubt in my mind...JBII has got it right..The irony is there is very little competition...and there is an enormous need locally and globally for this technology...AND its in the US!!!LOL if it was in China I would think its a scam..

Its that simple...Garbage is a problem and energy is a problem...This is a double win...and it will turns heads faster then a new corvette....Mark my words!

BeerIsGood opines on JBI's waste plastic feedstock

The storage, control, and environmental management of whatever the feedstock for JBI is is a cost item that will certainly add to the quoted $10/barrel cost.

IMO it depends on the feedstock used. JBI is not using water sewage or nuclear waste. If he uses scrape industrial plastic of known content, their might not be any issues at all.

To begin with, there has been much discussion about JBI as an alternative to landfills
Not from what I recall. The discussion has been JBI using industrial scrap plastic as an alternative to industry sending their scrap plastic to landfills. I don't think JBI is going to use any and all plastic that goes to a landfill. Where did they say that? I thought they were using known scrap plastic from industrial sites. The contamination occurs when this plastic gets mixed with other crap during transportation and at the landfill. IMO if they need a permit for the plastic, so does the place they are getting it from.

If the feedstock is unsorted, unwashed plastic... well you have a contamination issue that must be dealt with.

Where does the contamination come from if he gets known scrap plastic from industrial sites? JBI is not going to mine landfills for plastic(well not yet anyways, not sure about the future).

Not true... he needs a Solid Waste Management Permit
Says who & WHY? What requires JBI to have the permit and not those supplying them the plastic?

stocker11 discusses BUDs & applauds JBII

scion defines BUDs:
Beneficial Use Determinations (BUDs)

http://www.dec.ny.gov/chemical/8821.html

A Beneficial Use Determination (BUD), is a designation made by the Department as to whether the Part 360 Solid Waste Management Facilities regulations have jurisdiction over waste material which is to be beneficially used. Once the Department grants a BUD, the waste material ceases to be considered a solid waste (for the purposes of Part 360) when used as described.

Since BUDs involve determinations over the jurisdiction of the solid waste permit program, BUDs differ significantly from permits. Accordingly, compliance with 6 NYCRR Part 617 State Environmental Quality Review and 6 NYCRR Part 621 Uniform Procedures do not apply to the BUD review process.

Stocker11 states:
BUD is no surprise - it’s been part of the permitting consideration since day one. Testing has previously concluded that there are no harmful toxins in the residue - those tests were performed by Islechem and, I assume, CRA.

BUD is a no brainer as the P2O process reduces a non-biodegradable product, polluting our lands and oceans, by about 99%.

The DEC, EPA and all mankind have all been waiting for a company like JBII to provide a solution to one of the world greatest environmental catastrophes - plastic waste.

Every one of us should be thanking JBII for trying to provide a solution to an environmental disaster happening on our lands and in our seas.

Those wishing that this company fails should be ashamed of themselves.

Justice37 discusses JBI's tape-reading business & P2O technology

There are millions of tapes out there, JBI is just now taping into this market. Just a few would not be accurate. NASA has old silo's filled with tapes they want converted. I also need to point out that tape reading is only part of the data conversion they do. There are all sorts of data on microfiche, other forms of tape and plenty of data on old hard drives. In 1998 I worked at an agency that wanted to convert a data base to a newer format. There was only one company in Ontario that was still familiar with the old format and could do the conversion. The original program was created in 1988. There are many far older forms of data sitting on hard drives all over the world. Other companies may deal with some of these formats but expertise in older formats is disappearing.

When you say that converting the information from old computer tapes to hard drives is not rocket science, NASA couldn't do it and when they got the information they couldn't make sense of it and asked John. There are quite a few rocket scientists at NASA.

I don't understand what is meaningless. John created the software and hardware to read the tapes so it could be automated. Throwing at tape on a machine to be read and put on a modern hard drive when no one else can do it is a good business on its own. This part of the tape reading was what the company was founded on. Making sense of the information that came off the tape was a secondary part of what John did, it was not part of the initial application for investors, it was yet another bonus thrown it later such as Pak-It and P2O.

Thanks for pointing out that the tapes will be used with P20, they are useless once the data is transferred.

At the same time, P20 is what makes me excited in regards to possible future profit. I just wanted to clear up the issue that John is focusing on P20 and not abandoning reading tapes, he just made the correct decision to focus more of his time on P20 instead of analyzing information from the tapes for NASA and M.I.T..

They have money & we'll know shortly how much they are going to be making. You have to understand that the organization was started without venture capital as this would help the share holders in the long run once they went public.

Also, P2O is moving very fast, from a small machine on a table 1.5 years ago to going into production any day now, that is really fast research and development. Delays have occurred but that is normal especially when everything has been done by the book. The process works, the building of processors and operating them has been studied, verified and can be easily replicated for others who decide to purchase a franchise. The company that did the stack test can also help out franchises or JBI with getting the appropriate permits depending on what state, province, or country P2O is going to be set up.

The process has been tested thoroughly and been found to work better than anyone could have hoped for by two different companies. Again and again negative predictions have been proved to be wrong and I don't expect that to change. Just my opinion.

There is a lot business to do with data conversion, especially the tapes. There are a finite number of tapes but it's going to take a long time to convert them. All that being said, the P2O process is where the real money is going to come from. I don't understand why you are not sold on the process, there is plenty of data supporting the conversion process, the information is on this hub. Two independent companies have provided information on well the process works. We're just waiting to see what profits can come from P2O. One way or another I think the speculation on the last point will be over a year from now.

StockSpock outlines Top Ten "stupid" iHub JBI topics

StockSpock's Top Ten List of Stupid JBI topics:

10. JBI will have to pay X amount for plastic. Nuf said, it's stupid.

9. Landfill type plastics. Those dirty nasty landfill plastics.

8. EPA fuel registration with years of testing and millions of dollars in expensive lab work.

7. Cable boxes. Honestly now..If anyone says they have never got free cable they lie like a snake. STUPID TOPIC

6. Kaplanis the former employee, a disgruntled litigious meat head. You were fired, get over it... Stupid topic.

5. Tape reading. Can you do it? I hear John Titor is still looking for his IBM 5100.

4. Fuel sales. Do you drive a car?? Stupid as it gets.

3. Pink sheets vs. OTCQX... totally stupid, call it whatever the hell you want. OTCQX IS just a stepping stone until JBI escapes purgatory and uplists. So There..Stupid

2. Media Credits, restated, beat to death like a red headed dead step horse... Do I relly have to say stupid?

1. The competition. Do you really want to go there? Black slurry sludge and goop? MMMMMmmm yep ...stupid..

ZarGhost comments on JBI's listing on OTCQX

Actually, the filing and transparency needed to qualify for OTCQX is the same as NASDAQ stocks.......and that's from the people that decide if a stock QUALIFIES for that high a tier level. JBII is at the highest level available:

The innovative OTCQX platform offers companies and their investors a level of marketplace services formerly available only on a U.S. exchange.

Why Investors Prefer OTCQX

OTCQX separates out the credible companies from the large number of economically distressed and questionable companies that trade OTC. OTCQX companies demonstrate their commitment to providing superior information to investors and maintaining the highest quality standards.

OTCQX is fully electronic and gives investors access through all major online and full-service brokerage firms in the U.S., including Schwab, E*TRADE, Scottrade, TD Ameritrade, and Fidelity. Trades are settled and cleared in the U.S. similar to any NASDAQ or NYSE stock and trade reports are disseminated through Yahoo, Bloomberg, Reuters, and most other financial data providers.

In addition, investors can view Real-Time Level 2 Quotes for all OTCQX companies for free on both www.otcmarkets.com and www.OTCQX.com providing access to detailed market data, including market depth.

Rawnoc discusses potential financial advantages for P2O

NAME ONE ALTERNATIVE GREEN ENERGY SOURCE THAT ISN'T....
Flooded by federal, state, and local government subsidies, grants, tax breaks, and loans.

All this talk about costs is almost laughable. I say it will eventually be less than zero per barrel with the money universally thrown across the board at these projects. Wind, solar, hybrids, ethanol, algae, hydro, biodiesel, any alternative energy idea successfully making ongoing domestic fuel is getting so much government money they don't know what to so with it.

For example, there's a bill in the early stages of the Senate for a .60 per gallon tax/grant for P20. That's over $25 per barrel if passed in the pockets of companies like JBII for free. And that's just one program. What else may they already qualify for? What from the state, county, and city? Do a google search under any alternative fuel idea and the word "grant" -- it's a real eye opener.

Follow the bill, H.R. 3592: Plastics Recycling Act of 2009.
http://www.govtrack.us/congress/bill.xpd?bill=h111-3592

If JBII can merely break even per barrel, they will get so much gov't incentives down the road that it would make them huge bucks. If they can produce for $40, $30, $20, or $10 per barrel, they will get mind-numbingly rich.

Raw

stocker11 believes JBII stock price will increase significantly

And when the huge increase in the price per share occurs we will all be rich!

And when uplisting occurs so too will there be a huge increase in the price per share.

And when mass media follows and the world finds out about JBII uplisting will follow very quickly.

Not to mention when the events below occur mass media will follow.

With tax incentives, subsidies and government grants the costs to produce a barrel of fuel will be reduced significantly.

Add to that:
- an abundance of feedstock @ zero cost or better,
- off gases/fuel can run processors and generators that will effectively eliminate the need to pay for power,
- minimal labor costs,
- high tech monitoring which may allow a single operations room for all working processors around the world,
- Joint Venture partnerships buying into the company will add to the bottom line,
- direct sales to retail as a result of the blending facility will add to the bottom line significantly,
- testing results will lead to permits in the near future,
- mass media and uplisting will follow.

Everyone wants and needs a solution to the plastic problem and JBII is in a position to provide that solution.

There is no reason for DEC not to issue permits. IMO the PPS will increase significantly in the not to distant future

iHub posters discuss JBI's air permit application submission

lovethatgreen comments:
According to the conversation that I had with the DEC yesterday they are expecting that all the completed data and wording for the application no later than next week if not sooner. This is from Larry Sitzman (sp) who is the main guy involved in this. Confirmed that they are working closely with JBI to get this all done correctly before an official submission is announced which will facilitate the processing of the application.

Larry sounded extremely positive about the entire project. At this point there appears to be nothing that stands out as a problem.

Stuff like this as a first time deal can take some time to get it right.

kriter78 shares email received from JBII IR:
Pretty generic answer...also left vm and awaiting a call back.

Dear xxx,

Thank you for submitting your question. The Company continues to perform the necessary steps toward issuance of an air permit and that processes with government agencies can take some time to work through. We will absolutely advise the investment public as significant milestones are achieved.

Thank you,

John Zervas

Justice37 opines on numerous naysayers' & skeptics' iHub posts re JBI and CEO John Bordynuik

Your assumption about the data recovery is incorrect. John has maintained that he gets 100% of the data off the tapes and that is why NASA sole sourced JBI. You don't have to take my word for it, contact NASA or M.I.T. about this claim. I'm not a computer person but certainly programing language was far different, changed often, and was different at different institutions. The issue I was addressing was that JBI may still be reading the tapes and transferring the information to hard drives (which no one else can do) and what John is no longer doing is spending time figuring out what the raw data or code means. Figuring out what the raw information meant was the time consuming part of the business for John. He made a decision to focus on plastic to oil as it was best for JBI stockholders.

I'm not really sure what you are saying in the last two paragraphs. It seems that what you are saying is opinion regarding a group of professionals as a whole. Are you implying that JB is like everyone else in this profession and if so are you basing any of this on your own experience or anything tangible in regards to JB? I have found John to be very down to earth, he takes time to explain things, and I fully believe he has the interests of shareholders at heart.

I'm not directing this at you, the_big_guy but I'm going off topic for a bit. I don't have a problem with anyone on this board discussing issues related to the company or constructive discussions regarding stock related details. I do have a problem with baseless accusations, innuendo, and taking an assumption and treating it as the fact of the day for people to argue and dispute. I was very happy to see I-HUB take over this troubled board because of all the nonsense that I had been reading on it since last November. It got to the point where I had to stop reading as there was nothing but attack and defend posts and at times little in the way of real discussion or sharing about the the pros and cons of the stock based on documentation or direct contact with the company. It's a shame that the anonymity of I-Hub is abused in that posts were made constantly (a lot less now) that would result in a lawsuit if made publicly. While such anonymity is useful at times it really has been abused in regards to JBI. I'd like to see this board be more of what it was intended, a place where anyone can get information in order to make an educated decision about investing in JBI or not. It has been satisfying seeing the baseless attacks slowly be disproved. At first it was nonsense about the tape reading, it didn't work, others can do it, NASA and M.I.T. have nothing to do with JBI (since I've held the tapes in my hands I really found that amusing) etc... to plastic to oil is a myth (this was the magic catalyst argument), doesn't work, doesn't work as well as JBI says, the independent labs are part of a conspiracy with JBI, to now where the profits suggested are not possible. I look forward to when the permit is given and in short order we can see what profits can be realized with PTO. PTO has been a great ride, from a small table top processor 1.5 years ago, to the large processor used in the August 2010 stack tests. PTO is not the "sprint" everyone hoped it would be last winter but it sure isn't going to be a marathon.

GWMAN responds to skeptic's comment questioning JBI's ability to obtain free waste plastic feedstock

Paper, it is pretty simple:

Skeptic's comment:
"Mr. Bordynuik really believes he can get free hydrocarbon-only plastic and create a product which is either equivalent to crude oil or can be sold as diesel. Unless he is a liar then something must have convinced him that his claims were real, right? He should be able to communicate that evidence to shareholders."

1. Some would say the PRs regarding reports from Islechem and CRA is confirmation the product can be made.

2. An eighth grader would understand that JBI will not sell it until he has the air permit.

3. JBI may announce a source or more that is supplying plastic and whether it is free as soon as he is selling fuel. But, it is also possible that he may not announce any supply information for quite some time, as he secures ample long-term supply. Some companies actually don't announce/reveal any details regarding certain things in order to protect their business plan/strategy.

And IF JBI goes the latter route, I imagine JBI could have a permit and selling hundreds of barrels per day and some here will call JBI a scam because there is no PR answering all questions about free plastic supply.

Estimated Profit reports IR confirmed JBI has filed the simple air permit application.

JBI has filed the simple air permit application.

According to my conversation with IR today, they said that the permit is now completely out of JBI's hands, with the application filed. I was surprised to hear it, so I asked a few questions. He couldn't say when they filed it, but said he has been informing anyone who would call for two weeks now. Maybe the DEC was being vague in the report last week with how they said they personally couldn't tell until they saw the application themselves?

Guess we can start the countdown, from two weeks ago. Sooooooooo, 31 days to go, max? In the window(2-6 weeks) of time the DEC said they could make a decision?

NewsUSA article on Dropps

Home

Tips to Make Your Whites Green

(NU) - Laundry’s one of those unending chores, and it does more than eat into your schedule. According to Energy Star, the average household does 400 loads of laundry each year, consuming 13,500 gallons of water in the process. Those clothes need to be dried – the U.S. Department of Energy says that the average household spends $70 a year just to operate dryers. And that’s before the waste created by detergent bottles and the environmental effects of phosphates, which create destructive algae blooms, are considered.

Luckily, there are ways to save resources and money while still enjoying fresh, clean clothing. Dropps (www.droppstv.com), a brand of pre-measured pacs of liquid laundry detergent manufactured and licensed by Pak-It LLC, a subsidiary of JBI, Inc. (OTCQX: JBII - News), uses a biodegradable, phosphate-free formula to clean clothes without contributing to algae blooms or landfill waste. The formula works equally well in hot or cold water, so those laundering their clothes can save energy by using cold water instead of hot water. Better yet, Dropps is safe for all colors and fabrics, including delicate materials like silk, and works in both High Efficiency and standard washing machines.

Not sure what else you can do to save money and the environment while you do your laundry? Dropps offers the following tips:

• Try air drying your clothes. Your dryer is the second largest energy hog in your home after your refrigerator. Even if you only cut back on drying once in awhile, you’ll end up saving money. Try using a clothesline or a drying rack instead. Dry similar types of clothing together. Bath towels will take longer to dry than synthetic fabrics, so make sure they don’t touch when you put them out to dry.

• Only wash full loads of laundry. Washing one large load uses less energy than washing two smaller loads, even if you wash the small loads on low or medium settings.

• Use lower temperature settings. Wash clothes using warm or cold water instead of hot, and use cold water for all rinses. You may find that presoaking heavily soiled or greasy clothing will allow you to wash out stains with a lower temperature of water.

For more information and tips, visit http://www.droppstv.com, http://www.pakit.com,
and http://www.jbiglobal.com.

Rawnoc staunchly disputes & objects to skeptic's comments re P2O causing pollution

Yes, it's non-polluting. Look up the definition of pollution.

I'll give you an example -- noise pollution doesn't mean any noise whatsoever. A whisper is non-polluting even though it's sound.

And what comes out of JBII's processor isn't polluting. It emits mostly Oxygen. :)

"Air pollution occurs when the air contains gases, dust, fumes or odour in harmful amounts. That is, amounts which could be harmful to the health or comfort of humans and animals or which could cause damage to plants and materials."

http://www.epa.vic.gov.au/air/aq4kids/pollution.asp

In any event, you are ABSOLUTELY DEAD WRONG 100% ALL THE WAY UP AND DOWN, DAY AND NIGHT, NO MATTER HOW MANY TIMES JOHNNIK AND A HOST OF OTHERS LAYED IT OUT FOR YOU IN BLACK AND WHITE, CLEAR AS DAY (maybe with 3.16 ppm of carbon monoxide lol lol lol)

"pollution
Definition - Presence of matter (gas, liquid, solid) or energy (heat, noise, radiation) whose nature, location, or quantity directly or indirectly alters characteristics or processes of any part of the environment, and causes (or has the potential to cause) damage to the condition, health, safety, or welfare of animals, humans, plants, or property.

http://www.businessdictionary.com/definition/pollution.html#ixzz12xeI4800

AKA not JBII. The emissions are so low they are considered NON-POLLUTIVE by EPA's definition of Title V permit.

You should see the bucks Waste Management and others spend acquiring companies that are inefficiently finding uses for waste...imagine what JBII is gonna fetch. They can be swallowed whole at a massive premium for peanuts to companies like WM.

Plastic waste had outpaced recycling efforts fivefold over the last ten years. JBII so far is the only viable chance of reversing that.

JBII discusses the significant competitive advantages of owning a fuel blending site

"During the second quarter of 2010, the Company worked to upgrade its 1 million litre (250,000 gallons) fuel blending site to current standards. Equipment was fully tested and parts were replaced as required. The site was also completely repainted. The fuel testing lab at our blending site was equipped with analyzers that will allow the company to test both diesel and gasoline for commercial and retail sale. Several employees attended an independent training program to become certified operators.

The bulk fuel blending site enables the Company to

1. Store fuel from our P2O processors.

2.Blend additives (if required) to bring our fuel to a standard that permits the wholesale/commercial/retail sale of our fuel.

3.In-house testing of blended fuel without the cost and delays of using external laboratories.

4.Distribute our fuel to commercial and retail customers.

5.Load four tanker trucks simultaneously through our bottom-loading rack.

6.Unload tanker trucks through a separate unloading rack.

7.Inject butane or ethanol consistent with industry practices.

8.Flexibility to blend fuels including: gasoline, diesel, kerosene, furnace oil, and specialty fuels."

"By acquiring the bulk fuel blending site, JBI is not dependent on 3 rd party fuel refining, processing, testing, sales, and distribution. The site will service local JBI processors and enables the Company to maximize the sale price of the output by selling further down the value chain. The output from the process can still be sold to refineries at market rates."

Conservative JBII investor opines on P2O output

Techisbest speculates on P2O output:

Throughput guesstimation...

Having seen the P2O processor in action, my guess is that the throughput is about 2 gallons every 15 seconds (with the two condensers). So...

42 gallons in a barrel of oil
(42 / 2) x 15 = 315 seconds per barrel
109 barrels per 20T processor
210 x 109 = 34335 seconds per 109 barrels
34335 seconds = 9.5 hours

This seems much more realistic to me than any claims of 20T being processed in under 2 hours.

It would be great if the processor can be processing 24/7. I'm not expecting that right off the bat, but perhaps after the first few months (4-6?) of operation we can start approaching that?

The WOW factor will happen when/if three processors can be producing oil 24/7. That will take a lot of plastic and a very busy P2O factory.

If a truck can hold about 200 barrels of oil, then figure one truck per day per processor traveling to the blending facility.

How many barrels can those tanks at the blending facility hold? How many will hold pre-blended oil and how many will hold blended oil? Hopefully the blended oil isn't held for long and trucks leave for customer sites as it becomes ready.

I would be thrilled to see a smooth-running operation - P2O factory to blending facility to customer - running continuously by the middle to end of next year. Along with the announcement of JV sites starting production.

techisbest

Steady_T updates DEC conversations re JBI's P2O air permit

skeptic's quote----
I don't know. To me a permit means a few pages at most of factual information about the entity requesting the permit (no data processing required) with the results of any testing stapled to it.
-------------

I have spent several hours over the months since testing started talking with 2 different people at DEC about the testing procedures, the permit application, the permit language, who JBII is working with, what DEC's experience has been with those supporting companies, and how DEC views this working relationship.

One thing became clear over time. DEC takes it's responsibilities very seriously. They want JBII to succeed for several reasons, but DEC isn't going to cut them any slack just because they want JBII to succeed.

DEC wants to see a solution to the plastic waste problem. JBII's P2O processor is great start on that. DEC wants to see the jobs created by JBII in the local area. DEC wants to see low pollution industries come to their area.

The permit application itself is not that complex a document as has been shown by people posting it on line. The supporting documents are another question altogether. There are required statistical analyses required by the testing protocols specified by both state and federal laws. There are certifications of testing procedures for compliance. If you look on line at CRA's web site as has been posted here, you see that after the final report is done, it is sent to other groups in house for peer review. After all that is done then the report is sent on to JBII and only then can JBII and DEC get down to discussing the details. I emailed the company and asked when the final report came back from CRA. JBI didn't receive it from CRA until Oct 6th. CRA initially promised JBI that the report would take 1 week + 1 day. in fact it took closer to 7 weeks.

Those details being worked out include setting emission limits, testing and monitoring requirements, operational parameters if required, input restrictions and a host of other items.

The results of all of this will come out in the permit language.

Each specific detail in the permit language has both economic and operational implications for JBII. Since this is the first permit, it will set the playing field for all future permits.

That is why it is so important to take the time to get it right.

2 JBII investors opine on P2O air permit approval

GWMAN speaks:

I put two words from the english language together, namely "application" and "development".

My use of these two words together was based on the notion that JBI was working on an application and, since it has not been submitted yet, it is in development. Hence, "application development".

Additional supporting tidbits for my term "application development" include:

1) the September PR indicating JBI received the stack test data and that those data would be included in the permit application,

2) the knowledge that this is a new technology for NY and, thus, there would likely be various discussions between the DEC and JBI on what would be specifically neeeded in the app and supporting data package for this new technology,

3)DEC report backs from posters that the DEC worked with JBI on their stack test and has met with JBI since then (I assume these later meetings must be about the permit application),

4)the logic presented by some posts here that the permit would probably identify types of plastics allowed to be used, maybe volume limits, etc, which, if true, would precipitate some meetings between JBI and DEC to discuss the permit request, requirements, likely permit restrictions, if any, company questions, etc.

If you believe there is a better description, feel free to use your term.

Steady_T opines:

It is true that the air permit application has not been filed as of Friday afternoon. I can not agree that is is a failure.

DEC said that the process is moving along rapidly.

The meeting between DEC and JBI show that JBI has taken the time to understand the permit process.

It seems that many companies just fill in the paper work and send it in to DEC without taking the time to understand DEC's concerns. The results in and exchange of letters, documents and revisions to documents. JBI is meeting with the DEC prior to submitting it's application to understand DEC's concerns and address them and create a mutual understanding. That is a process that goes much faster face to face than it does via email and letters.

I think 2 weeks is likely for the approval after the permit is filed.

DEC has quoted me a range from 2 to 6 weeks. They say that they can't really say until they see the permit.

Taking the time to do it right the first time is not failure

Rawnoc confirms P2O advantages

Plastic production has outpaced recycling FIVE FOLD over the last 10 years for a reason -- out of the thousands of types of plastic, only a few types can be recycled because of dyes and additives in the plastic. Companies have to pay to landfill it whereas they can give it to JBII instead for free and avoid the landfill cost. JBII can process plastic with additives and dyes, hence that's what is in the residue.

"This analyzed residue contains various metals from coloring agents and other plastic additives that were originally in the feedstock plastic and a small amount of carbon."

http://www.jbiglobal.com/news/2010-press-releases/isle-chem-validation.aspx

More Energy to Recycle than to Dump?

http://solar.calfinder.com/blog/going/is-recycling-really-worth-it/

Is Recycling Worth It? PM Investigates its Economic and Environmental Impact

http://www.popularmechanics.com/science/environment/recycling/4291566

StockSpock provides link discussing the problem of recycling plastic bags

Myth: Recycling Can Fix This

http://www.reuseit.com/learn-more/myth-busting/recycling-can-not-fix-this

Recycling has its place - however, it's not the solution to the plastic bag problem.

Recycling rates for plastic bags are extremely low. Only 1 to 3% of plastic bags end up getting recycled.

In addition, economics of recycling plastic bags are not appealing. From the process of sorting, to the contamination of inks and the overall low quality of the plastic used in plastics bags, recyclers would much rather focus on recycling the vast quantities of more viable materials such as soda and milk bottles that can be recycled far more efficiently. If the economics don't work, recycling efforts don't work.

For example, it costs $4,000 to process and recycle 1 ton of plastic bags, which can then be sold on the commodities market for $32 (Jared Blumenfeld, director of San Francisco's Department of the Environment as reported by Christian Science Monitor).

Furthermore many bags collected for recycling never get recycled. A growing trend is to ship them to countries like India and China which are rapidly becoming the dumping grounds for the Western world's glut of recyclables. Rather than being recycled they are cheaply incinerated under more lax environmental laws.

Even if recycling rates of plastic bags increase dramatically, it doesn't solve other significant problems, such as the use of non-renewable resources and toxic chemicals in their original production, or the billions of bags that wind up in our environment each year that eventually breakdown into tiny toxic bits. What to do? Choose to reuse!

DaveinHackensack shares email communication with DEC official

Yes, I did speak with Larry Sitzman.

And I'll get to his comments in a moment. But first, I'd like to point out something about the tier of the Pink OTC Markets JBII trades on, the OTCQX. I've done some research on this and it appears that the primary difference between companies on the OTCQX and those on the "Pink Sheets -- Current Information" tier is that OTCQX companies pay Pink OTC Markets a $5k application fee and a $15k annual fee to get an OTCQX listing. It's not uncommon to find stronger companies on the "Pink Sheets -- Current Information" tier than on the OTCQX (e.g., some foreign multinationals). More details on that here: http://steamcatapult.com/2010/10/03/the-pink-sheets-then-and-now/

Now, on to Mr. Sitzman. I called him and asked him if he'd reply via e-mail to the claims made here. His response is below in bold, the italicized part is my initial message to him, and everything else in plain text is the claims I copied and pasted from this board:

---------------------------------------------------------------------------------------------------

David - There was a little literary license taken with the comments attributed to us but nothing too bad. My comments are below in bold

>>> DaveinHackensack <******@yahoo.com> >>>
Larry,

Thanks for agreeing to review the comments about JBI, Inc.attributed to your department in the message board post I've copied and pasted below and let me know which (if any) are accurate. Incidentally, here is the link to post I copied and pasted below, and here is a link to a post where a commenter attributes the DEC information to you (albeit, misspelling your last name).

Best Regards,

Dave

A friend of mine validated with a similar conversation to the DEC emailed me today and ask me to respond to this post with his detils [Sic]. He said he read the post asking if anybody else validated it and wanted me to respond since he doesn't have as much time for the boards as I do (lol). I've known him for around 10 years so I trust his info.

Anyway, yes, he received similar info.

Additional info from the DEC:
1. JBII's process is a "completely green process" (their words)
I don't know how one would define a "completely green process". There are air pollutant emissions from the heating source used to heat the plastic. The fuel used is natural gas and tail gas from the process. This is why they need a permit from the NYS Department of Environmental Conservation.

2. They've never seen anything like it.
This is true. JBI said this was the first unit in the country and we haven't been able to disprove that. Based on their design, we allowed a temporary start up of the equipment to collect emission information.

3. JBII will be the first and only ones in the country with anything like this.
True as far as we know

4. The DEC is extremely excited to have a new industry born in New York and under their watch.
I'm from Western New York, center of the rust belt. Of course new industry is exciting

5. DEC expects no further hiccups going forward in getting the permit (their words).
We are waiting for the emission testing results and a permit application but we haven't seen anything to date that would make us stop the process

6. They expect future permit applications to be a breeze in the state of New York (their words). They expect, but cannot promise of course, that getting permits in most other states will also be easy because most of them have similar criteria and can use their data.
Everything gets easier after it's done the first time. However, local issues may slow down or stop any proposed project.

7. The same guys from the DEC who have been on site working with them are the same guys who are involved with processing the application. They don't see anything wrong with the process or they themselves would have spotted it.
We have visited the site and watched the equipment in operation. While we are still awaiting the emission test report, we have seen no red flags to date.

8. They expect NO comment period because the emission levels they expect in the report to be substantially below the levels that would require a comment period.
I suspect this is true but can't promise until we receive a permit application. The public comment period is only 30 days though.

9. They have seen numerous others try and every single one of them fail to do what JBII is doing. None of them even made it to the stack test stage because they failed so miserably sooner whereas JBII not only made it, but preliminary data suggests they passed with flying colors.
We have discussed many other pyrolis units with applicants and may have even received a few permit applications but none in our area have installed and operated equipment.

Steady_T talks to DEC & discusses P2O air permit status

I talked to DEC today. As always they are pleasant folks to deal with.

JBII has been in meetings with DEC working out language and details for the application.

To give you an idea of the time frame involved for obtaining a permit for a new technology like JBII's the person described JBII as "zooming along" in the process. Referencing that comment to when the testing and data acquisition letter was issued in the late Spring.

Also JBII was described as "not being a dilettante like the others we have seen." I ask what was meant by that and was told that none of the other companies they had seen had built operating hardware and had demonstrated the ability to get to a stack test. Furthermore DEC liked that JBII continues to work on tweaks to improve the operation of the process.

DEC has seen the data from the stack test and on preliminary examination sees nothing that causes them concern. They will go over the full data set closely when it is submitted as part of the application.

I asked about the time to process the app...the answer is they won't know until they see it.

You can work with 'em or agin 'em.

The guy that JBII has doing this has worked with DEC and permits for 30 years......I'll take a chance and say that he knows what he's doing.

JBI's P2O marine division provides viable solution for Ocean's waste plastic problem

The Ocean's Plastic Pollution
The Island of Waste Floating in the Northern Pacific.

http://www.plastic2oil.com

Jan 11, 2010 Colette McEnery-Lane

Great Pacific Garbage Patch - myecoation
Trash Vortex, the Eastern Garbage Patch and the Asian Trash Trail are all used to describe the island of rubbish, floating in the Pacific Ocean.

It could be described as the world's largest rubbish dump. It is an area twice as big as the state of Texas where plastic rubbish congregates. It sits out in the centre of the Northern Pacific gyre between California and Hawaii. It is made up of plastic bottles, toothbrushes, old fishing nets, printer cartridges, plastic bags and many other familiar plastic items. Any piece of plastic that is abandoned, dropped in the street, on a roadside or in a playground will more likely than not contribute to this ever growing pile of waste.

Trash Vortex
Once out at sea this plastic gets caught up on the ocean currents. These currents push the debris into the low energy centre of the gyre, the result being a huge patch of floating garbage twice the size of the state of Texas. This island floats in the North Pacific sub-tropical gyre that circulates clockwise in a slow spiral. Winds are light so once the plastic has reached this area it will stay for many years. Some of the plastic in this area has been there for over forty years. As a consequence, this waste pile is ever growing.

This island of rubbish is situated between California and Hawaii. This is the breeding ground of many of the world's rarest marine mammals and sea birds. The plastic invades their habitat and endangers their lives.

Implications of the Garbage Patch
The plastic has a direct impact on all wildlife that shares its environment with this artificial floating island. It can lead to deformities in marine life. A young turtle can become entangled in a plastic ring and then, unable to free itself, it will spend the rest of its life with this plastic ring wrapped around it. As the turtle grows the plastic will cause restrictions and the shell will mutate.

The Laysan Albatross is also under threat from the plastic. These albatross use Midway Island as their breeding ground. The adults scan the ocean bringing back food for their young. The problem being, that more often than not, they are bringing back plastic which they have mistaken for food and are feeding this to their young instead. Every year tens of thousands of albatross chicks die from starvation with their stomachs packed full of plastic debris: bottle tops, cigarette lighters, toys and toothbrushes.

Scientists in the Algalita Marine research foundation reveal in their 2001 Bill Macdonald documentary "Synthetic Sea" that for every kilogram of naturally occurring plankton there are six kilograms of plastic particles in this area of the ocean. Plastic does not disappear; it breaks down into smaller and smaller pieces that increase in toxicity. These particles enter the food chain as they are consumed by plankton feeders.

Read on
The Great Pacific or Eastern Garbage Patch
A Look at the Great Pacific Garbage Patch
10 Ways to Reduce Plastic Use to Help the Oceans
As plastics break down they leach toxic chemicals such as bisphenol A into the sea. According to the article "Plastic Breaks Down in the Ocean, After All - And Fast" written by Carolyn Barry for National Geographic News (August 20, 2009): "Bisphenol A (BPA) has been shown to interfere with the reproductive systems of animals." Plastic creates chemical pollution: "The pollutants are likely to be more concentrated in areas heavily littered with plastic debris, such as vortices."

In an article published by Science Daily (August 20 2009) entitled: "Plastics In Oceans Decompose, Release Hazardous Chemicals," lead researcher Katsuhiko Saido Ph.D states: "we found that plastic decomposes as it is exposed to the rain and sun... giving rise to yet another source of global contamination."

Prevention Beats the Cure
Scientists continue to explore ways to clear the contamination in this area although so far no effective solution has been found. This leaves the problem open. It remains the responsibility of each individual to ensure that plastic waste is disposed of correctly and therefore does not add to the ever growing Trash Vortex.

Read more at Suite101: The Ocean's Plastic Pollution: The Island of Waste Floating in the Northern Pacific. http://www.suite101.com/content/plastic-pollution-in-the-ocean-a179566#ixzz12GANBggy

BeerIsGood confirms FREE waste plastic availability for P2O

Yes, I just wanted to see what the availability of plastic was. Several industrial places around here dispose of tons of plastic a day. A couple(furniture store & somebody else with very little compared to industrial places) asked how much we were paying, but most asked how much to drop off. With just 2 companies alone, they claim to have over 20 tons daily and were willing to pay $30 a ton to drop it off. More if I supplied a packing dumpster and picked it up.

Seemed most were very interested in their waste being used and not land-filled. The "green" concept was appealing to them.

MikeDDKing challenges "consultant's" opinions on employee cost analysis for P2O

How can you come up with estimates like this without even specifying the required skills for a position?

Furthermore, you say "Even someone making $40-$50k would "cost" $60-$70/hour to the employer." That is just ridiculous! Someone making $40-$50K/year is earning $20-$25/hour. I would imagine most positions at JBII are going to be for employees. Even for very good benefits plus other employment costs you probably are talking about $20K in additional annual expenses per employee. That adds another $10/hour which would bring the total to say $30-35/hour in your example of someone hypothetically making $40-50K/year. That is a far cry from the $60-70/hour you state for someone making $40-50K. I would imagine that most positions in a P2O plant (operating 2 or more processors) aren't going to be making $40-50K/year. My bet is it is more like $35K.

I think the problem with your analysis is that you are comparing to engineering positions where a company is doing contract work for another company. Certainly there a company might be charging $100+/hour as that kind of contract work is expensive. The engineer is perhaps making $100K. There is an additional $30K in additional expenses for benefit, training, and other employment costs. The equipment required for one engineer may be $100-$200K or more depending upon the discipline. Lets use $175K and say the equipment is amortized over 5 years which comes out to $35K/year without considering interest costs. Finally, the company doing contract works wants to make some money and perhaps that figures out to a 50% markup. This all figures out to ($100K+$30K+$35K) * 1.5 / 2000 = $124/hour. So, yeah, an engineer using tools provided by a contracting outfit could cost more than $100/hour but JBII doesn't need someone like this.

So, if you want to start estimating employment costs, why don't you start by stating what you think the qualifications for those positions need to be? Otherwise, the analysis is just garbage in, garbage out.

#1 As I said, let's talk about the job requirements before estimating numbers.

#2 I really doubt most people uses numbers that high for overhead for internal employees. Also, it depends upon what you are considering in overhead. Unless we do a total cost analysis for P2O operations it is silly to be talking about what you consider in overhead because others might put those costs in different buckets.

#3 "The place worked for in the internal Project Management group simplified everything to be $100/hour. I can't justify it if it is a simplification, but I can detail how the more complicated consulting model works." That is the problem. You are talking about a consulting model. If we want to talk about the rates for URS to do some consulting to start up a new P2O site, then that would make sense. If we are talking about a fork lift driver to dump plastic into a bin once they are operating, then it is useless. Again, we need to start with the position requirements. Otherwise, it is garbage in, garbage out.

Mike

Steady_T rejects skeptic's posts

Skeptic's Quote------
It looks like an orchestrated campaign to get people to believe this. I think there is no conract for free plastic and I have to rely on SEC filings which made it clear that the plastic was not free.
-----------------

In the first part of your statement you are alleging a criminal act. Is that really what you mean to say?

Second there is nothing in the SEC filings that says plastic is not free. What the filings say is that plastic may vary in price and availability. Varying in price includes being paid to take it, paying to take it, and all prices in between. That includes zero cost, otherwise known as free.

Skeptic's quote-----
I have posted many times all the links to the thousands of companies buying every type of plastic.
-------------

So far you haven't explained why the EPA and other credible sources say that 80% of plastic goes to landfills. There is something that you are missing that account for this discrepancy yet you don't seem to be interested in discovering what it is.

Skeptic's quote----
doesn't the handling cost for regular waste make it infeasible for JBII to simply get the waste stream that regularly would go to a landfill.?
---------

Depends on who pays for the handling costs. Also depends on the waste stream in question.

JB refers to the low hanging fruit of industrial plastic. The mfg knows exactly what types of plastic he is using. The quality of his products depends upon that knowledge. As a result JBI will get from an individual mfg a known quality and mixture of plastic types.

If you get plastic out of the waste stream before it is mixed with other waste steams you know what you are getting. Obtain it towards the terminal end of the waste stream and the plastics have been mixed with other plastics and other stuff.

Shredding plastics is not an expensive process.

rce9rys discusses the plastic problem

I wonder if JBII is courting plastics companies. You would think they would be all over supporting this technology.

The Problem With Plastic and Why Reduce and Reuse are Essential to Recycling

A big problem with plastic is the utter lack of uniformity in the plastics industry. There are so many different types of plastic on store shelves, almost all of which we assume can be recycled, but a lot of which cannot. You may even see those famous little arrows that symbolize recycling on a package that in actuality cannot be recycled. That’s an issue of plastics companies doing a little greenwashing, knowing that the more people are comfortable with tossing their plastics in a recycle bin, the more new plastics they’ll go out and buy.

We assume that the plastic containers we throw into the recycling are being made into new plastic containers, but that is not necessarily true. In a study by the Ecology Center in Berkeley, California, they found that none of the plastic recycled in Berkeley was actually reprocessed into new containers. Most of it goes into secondary products like textiles, parking lot bumpers and plastic lumber — all materials that cannot (or are more difficult to) be recycled the next time around. So, we’ve created a system that collects recyclables but doesn’t actually recycle them. Not cool.

MGG provides info on WHY plastics can NOT be infinitely recycled

http://oecotextiles.wordpress.com/2009/07/14/why-is-recycled-polyester-considered-a-sustainable-textile/

"Most people believe that plastics can be infinitely recycled – creating new products of a value to equal the old bottles or other plastics which they dutifully put into recycling containers to be collected. The cold hard fact is that there is no such thing as recycling plastic, because it is not a closed loop. None of the soda and milk bottles which are collected from your curbside are used to make new soda or milk bottles, because each time the plastic is heated it degenerates, so the subsequent iteration of the polymer is degraded and can’t meet food quality standards for soda and milk bottles. The plastic must be used to make lower quality products. The cycle goes something like this:

Virgin PET can be made into soda or milk bottles,which are collected and recycled into resins which are appropriate to make into toys, carpet, filler for pillows, CD cases, plastic lumber products, fibers or a million other products. But not new soda or milk bottles.

These second generation plastics can then be recycled a second time into park benches, carpet, speed bumps or other products with very low value.

The cycle is completed when the plastic is no longer stable enough to be used for any product, so it is sent to the landfill"

Rawnoc updates proof of FREE waste plastic feedstock for JBI's P2O

JBII -- FREE PLASTIC FEEDSTOCK = EASY. EXAMPLES BELOW: (updated 10/08/10)

(1) "our management must have decided that trucking the waste plastic up to JBI is less expensive then having to pay for it to be hauled off here and we are giving it to them for free"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55299442
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55322224

(2) "I have talked to industrial places that PAY to get rid of their waste plastic. Actual places that PAY, not internet searches. I have talked to places that buy waste plastic and its a small percentage of whats out there. They pay higher prices because there is so few of it out there that they can use. There are industrial plastics they don't buy because they can't use them - lots of them."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54357508

(3) $10 to $100 per ton to dump waste plastic. Cities could save as much as $200 per ton giving it for free to JBII:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53494788

(4) "steady stream" from construction sites by the ton giving away free waste plastic:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53494745

(5) Here's an article, with references, whining that companies who burn plastic get PAID to do it:

"They receive a tip fee for disposing of the waste."
http://stopplasticfuel.wordpress.com/2008/10/17/100/

(6) $50 a ton example cost to dump plastic by a recycler who 40,000 to 80,000 lbs per month to the landfill. (JBII will take it off their hands for free). This is a single location:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53494417

(7) "non-HDPE and non-PET resins are usually sorted out and discarded at the recycling plant."

http://www.inhabitat.com/2009/03/19/green-rant-why-wont-nyc-recycle-plastic/

Discarded? How much do they PAY to discard? $25, $50, $100 a ton tip fee?

(8) From a New York City website...

These move past a series of laser beams that identify any item made of #1 PET or #2 HDPE and blow it off the main conveyor onto a second conveyor. At this stage, workers manually pull out #1 and #2 bottles and jugs.
What is left over at the end of the conveyor belt journey (#3-7 bottles, #1-7 tubs and trays, as well as non-numbered plastic containers) is disposed of as residue.

http://www.nyc.gov/html/nycwasteless/html/recycling/whathappens_sorting.shtml

Disposed of = paid to get rid of = available for free to anybody who wants it.

(9) Posted by: Steve555 Date: Wednesday, September 08, 2010 9:05:53 AM
In reply to: jjsmith who wrote msg# 69037 Post # of 69059

Listen guys,
Get off the subject of feed stock for once and for all!

I have contracts for waste plastic,from hard plastic to dirty film, to be deliverd to my yard, I GET PAID between $80 and delivered free. The better the plastic the worse the price I get paid, if I agree to take the better material for free I can call the period of the contract which is between 3 to 5 years.

I would be more concerned with JBI's roll out timescale.

(10) "Do we must have to pay for plastic? No we don't. I have a contract for mixed plastics, free, for ten years and that is no big deal because I don't have any difficulty acquiring plastic. We are happy to receive dirty plastic (ie: mixed, composites, etc..)"

"80% of all plastic goes to landfill and that is the plastic we are acquiring -- NO ONE buys it now and it is expensive to discard. I don't want the other 0-20% of high quality, highly sorted, super clean plastic that some (few) pay for. The Chinese control that market and it is very cyclical."

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54994150

(11) REALITY ABOUT FREE HYDROCARBON PLASTIC:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54991141

Raw

Tazzmanian speaks candidly about his company's waste plastic problem & JBI's P2O solution

sorry i dont remember who asked me but i have been poking around some on the docks at our facility

the guys here say our bales of plastic weigh about 500 pounds each and are stacked 2 x 2 in the truck meaning 2 wide by 2 tall

i think these trailers are 48 feet long so we fill each trailer with 32 bales of scrap plastic which works out to about 10 tons a week like i said

in JBIs video the plastic is already shredded and i know we don't do that on our end so by process of elimination the shredding is done on your guys end

our management must have decided that trucking the waste plastic up to JBI is less expensive then having to pay for it to be hauled off here and we are giving it to them for free which is another benefit i know some one said JBI could charge us to take it but that would defeat the purpose of providing a financial alternative to what we have now

on a selfish note there are a bunch of us in the office that have all gotten or are getting stock accounts because HR said they can not buy JBI for our401s until JBI is on the nasdaq or amex stock exchange

sorry to see the sp under a dollar but happy about it too because we can get more for 80 cents

i have to laugh at some of the arguments on this board everyone here who posts all day must be retired already

to answer your questions first of all we bale our stuff and it goes into a tractor trailer that sits off the loading dock where it goes from there i don't know i also don't know if contracts with JBI have been finalized that kind of info we don't get in my office but we do know that we will be doing business with JBI for our plastic scrap

the dock guys couldn't give me freight costs but my brother said our area is at the high end of the tipping fees scale

he said depending on the landfill they can get up $170.00 a ton for industrial waste which is what we qualify as i think industrial is classified by the size of your facility but not really sure

most landfills i know about charge around 150.00 a ton for commercial waste so i did some figuring last night

to transport 1 of our trailers filled with plastic to the Niagara p20 from our location according to a freight calculator will take maybe 2 days and that cost will run almost $1500.00 a week in transport costs so that's $6000.00 a month to give JBI our stuff

the flipside to that is paying for hauling to a landfill and i believe we get charged something close to $3200.00 a week so the advantage for us is to give it to you guys

so giving it away at $1500.00 a week versus paying for it at $3200.00 a week we will be saving 50% a week

WOW we can save $72000.00 a year giving JBI our waste plastic

and we have 8 facilities between Illinois to Jersey so that would equal almost $600,000.00 in savings per year for us

man the more i look into it the more i like this company

about the plastic we use at the Jersey facility we use heavy polyethylene #2 low density polyethylene #4 and polypropylene #5

some of our other facilities use 6 of 7 types of plastic for different things we don't have any #1 polyethylene terephthalate

i dont know when any p20s will come to Jersey but the way my brothers work place is hopping it would really make sense to have a string of them here

he drives a front end loader at a transfer station and his job is to drive over the plastic crushing it blowing the caps off so it doesn't combust and explode from the weather while in transport to Pennsylvania

i talked to one of our managers and showed him my breakdown he liked the numbers but said we will be using rail freight instead of over the road because the railroad can take more weight and the savings will be another 35% on top of what i figured

so just our company will be saving almost $800,000.00 a year when all the facilities are on board sending our waste to JBI

and im sure that number will drastically increase when there are p20 machines closer to our different locations

and thats just us p20 has to have other companies signing on too

what a great invention really so practicle form all aspects of it

im getting excited and i dont know that much about it yet

have great weekend everyone

JBI's P2O addresses a HUGE global market

Plastics play an important role in almost every aspect of our lives. Plastics are used to manufacture everyday products such as beverage containers, household items, and furniture. The widespread use of this valuable material demands proper management of used plastics, as they have become a larger part of the municipal solid waste (MSW) stream in recent decades.

Just the Facts

* In 2008, the United States generated about 13 million tons of plastics in the MSW stream as containers and packaging, almost 7 million tons as nondurable goods, and almost 11 million tons as durable goods.

* The total amount of plastics in MSW—about 30 million tons—represented 12.0 percent of total MSW generation in 2008.

* The amount of plastics generation in MSW has increased from less than 1 percent in 1960 to 12.0 percent in 2008.

* Plastics are a rapidly growing segment of the MSW stream. The largest category of plastics are found in containers and packaging (e.g., soft drink bottles, lids, shampoo bottles), but they also are found in durable (e.g., appliances, furniture) and nondurable goods (e.g., diapers, trash bags, cups and utensils, medical devices).

* Plastics also are found in automobiles, but recycling of these materials is counted separately from the MSW recycling rate.

http://www.epa.gov/osw/conserve/materials/plastics.htm

http://plastic2oil.com

The U.S. Energy Information Administration (EIA) forecasts rising energy prices through 2011

The U.S. Energy Information Administration (EIA) collects, analyzes, and disseminates independent and impartial energy information to promote sound policymaking, efficient markets, and public understanding of energy and its interaction with the economy and the environment.

These projections reflect updated expectations for economic activity, with forecasted U.S. real gross domestic product (GDP) growth of 2.8 percent in 2010 and 2.3 percent in 2011, down from the previous Outlook's growth projections of 3.1 and 2.7 percent for 2010 and 2011, respectively. The 2011 world oil-consumption-weighted real GDP growth rate is also lowered, to 3.3 percent from the 3.6 percent level in last month's Outlook.

EIA projects that the West Texas Intermediate (WTI) spot price, which averaged $77 per barrel in August, will average $77 per barrel in the fourth quarter of 2010 and $82 per barrel in 2011, slightly below the forecasts in last month's Outlook.

EIA expects that regular-grade motor gasoline retail prices, which averaged $2.35 per gallon last year, will average $2.69 per gallon over the second half of 2010, down 7 cents per gallon from the average for the first half of the year. In 2011, higher projected crude oil prices combined with strengthening refiner margins are expected to boost annual average motor gasoline prices to $2.90 per gallon.

The projected Henry Hub natural gas spot price averages $4.54 per million Btu (MMBtu) for 2010, a $0.60-per-MMBtu increase over the 2009 average, but down $0.15 per MMBtu from the forecast in last month's Outlook. EIA expects the Henry Hub spot price will average $4.76 per MMBtu in 2011, down $0.22 per MMBtu from last month's Outlook.

http://www.eia.doe.gov/steo/contents.html

Rawnoc discusses Big Oil vs alternative energy competition

One thing people realize is that while Big Oil is of course not threatened by a potential producer of energy that replaces less than 1% of the oil market.....

Big Oil fears three things:

(1) It's the under supply by a tiny percentage in the first place that keeps oil where it is. If there was a mere say 5% more energy in the world available right now, the price of oil would get absolutely crushed. Oil is what is referred to as an inelastic good. Meaning that the percentage change in price goes up many times for each percentage in lack of supply. So while some may think that a 1/2 of 1% wouldn't make a dent, they are wrong 1/2 of 1% of new supply could affect oil prices by 10% or more which is a monster amount of $$$ to big boil. Add up lots of alternative energy threats, and it gets bigger so Big Oil does have a motivation to feel threatened......and buy them out. :)

(2) A large portion of oil prices is perception. As more alternative energy sources become public, the panic subsides, and oil prices get cheaper than they'd be if not for these sources. Some of them like algae biofuel don't even make a tiny fraction of a dent, but the perception that they might makes oil cheaper than it would otherwise be, giving Big Oil a reason to feel threatened.

(3) Tax breaks. The more money from government in the form of tax breaks and grants that goes to alternative fuel projects, the less that's available for them. That's probably why Big Oil takes over and starts their own these tiny (to them) green clean energy projects. They likely pay for themselves many fold in publicity which leads to more favorable terms with government....and tax breaks/grants.

Raw

Imperial Whazoo philosophizes on JBI's revolutionary P2O technology

Well, I think most of us have heard the stories of how a small company or an individual engineer has invented some technology for something like an affordable 100 mpg automobile engine. They get a write-up in Popular Mechanics or Car & Driver & the next thing you know, they disappear from the face of the Earth, for all intents and purposes. What we ultimately find out is that an oil giant or an automotive giant paid them 20 or 30 times their actual value and took the technology and deep sixed it so it never sees the light of day.

My point is that, IMHO, its naive to presume that these entrenched forces will not try to do the same thing here. I don't think it matters one iota that JBII is a fly on the butt of the oil companies or OPEC. That's irrelevant. These dinosaurs have the attitude that resistance is futile, and that is, to use a Latin term, the "sine qua non" as far as they have to be thinking (without which, nothing, BTW).

Its not the size of the threat, any more than it is the real chances of it succeeding. It you are a petty dictator in some far away totalitarian land, you crush each and every instance of liberty poking its magnificent head up, and you do so employing vast amounts of overkill and so forth for the very reason that it needs to be a message that is conveyed to any entity that attempts to change the status quo. It must be made clear that resistance is futile, so size (or lack thereof in this case) is not a variable in the equation. Simple as that.

Me personally.... I want to have JBII succeed. Not only to make a buck by owning shares, but because we do need to figure out how to affordably use the plastic waste that is drowning the world.

Big oil is a monopoly, both in the corporate or the OPEC manifestation. Totalitarian. They will not allow the tiniest instance of this type of thing to blossom.

And as to the argument that these entities already know about JBII. Well, that's a given. But that being so, it nonetheless still follows that there is zero reason to sound the trumpet and enter the fray prematurely. Even though it is logical to presume that they are not cloaked in secrecy and that they are being scoped out as we speak, it still is prudent to try to fly as much under the radar as is possible.

JBII is certainly being watched, but there is no reason under the sun to file with the DEC until they have as much groundwork done as can be done so that they are 100% ready to run like hell the instant the permits are issued.

Folks are entitled to diss this view of the world if they like, but I think that its the only sound approach to such things as a revolutionary technology like JBII's.

The powers that be have a vested interest in stopping these types of revolutions. That being the case, an excess of caution, even to the level of the paranoid, is the only way to succeed, IMHO. I mean, the only damage being overly paranoid causes is a bit of embarrasment once it is clear that you kind of over did it. If you don't want to be mocked, take off the tin-foil hat LOL. You can do the kinds of things I'm speaking of without tatooing "nut-case" in big letters on the front and back of your t-shirt, LOL.

JB and crew can better suffer a heaping helping of humble pie at looking paranoid rather than experiencing a disaster that could have been avoided had they not valued looking good over being safe. So, since the goal is to get this done even if the vested interests intend to pull out all the stops to prevent JBII from succeeding, I favor any and all kinds of silent running.

And given the intellect JB is supposed to have, and given that he just got back from a trip to China, and given that a deal with the Chinese (as an example) would end-run the entrenched totalitarian corporate and OPEC power centers, I would applaud him openly were it to later be revealed that the slowness being complained of in blog sites is due to JBII having a deal in the works and/or there being a business plan that is, frankly, paranoid.... either explanation (or both) would suit me just fine.
JMHO

Imperial Whazoo

techisbest shares CEO's comments

A note from JB regarding that permit application...

Quote: I can tell you that the existing air permit for this site did not show up on the nydec web site but instead it appeared on an EPA web site ( citing nydec air permit).

I do not believe the website is complete.


"this site" refers to the N.F. P2O facility.

EP:

Quote: If we are told JBI has to blend it themselves, and sell it to a few select gas stations or even gas stations owned by JBI, then we have much further to wait and see.

I think the plan is to use the permitted blending facility. I do not expect the fuel to be sold at gas stations. At least not immediately and not if there isn't significantly more money by selling it that way than the others John listed.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54895632

Quote: We do not have the EPA in Canada and the fuel will be sold here. We own a permitted blending site. In Canada, we must pay a % tax to the provincial and federal government depending on how the fuel is used (road, industrial, farm, etc.)

Blending sites in Canada are permitted to distribute and sell fuel they blend. We do not have to register with the EPA. If our fuel is sold back to the US (this is common) then the importer (buyer) has the same state and federal requirements as any other gas station or distribution site.

...
I do not need EPA registration to sell fuel. I do not understand the emphasis to sell fuel for cars in the US. Like everything else, due to our clean fuel and size of our company, it would not be a problem but why spend any time on that now when there is plenty of low hanging fruit ( ie: factories, rail, ships, thousands of farms all of whom consume vast amounts of diesel and other fuels), all of Canada, and any ship that sails by in the Great Lakes. Then, consider international ships, generators, and thousands of factories.

I suspect that if EPA registration of our fuel is critical to some people then maybe they somehow believe we will saturate the world market with diesel so much so that we would have nowhere left to sell it but to vehicles operated exclusively in the United States.


techisbest

Estimated Profit speculates on JBII outlook

The permit is imminent, and pretty much a foregone conclusion with the PR of the stack test results. Volume surged, but there was still thick resistance of hangover.

The overhang of selling pressure, as a group collective, has probably now shifted out of the:

I have a buttload of shares I need to unload, and it's a must to get down to the business of unloading them

to

Ahhhhhhh, ok, I have a huge chunk converted to cash, and can probably start to piece out the remaining load I have, and maybe hold on to a little.

but now there is still the

I have a boatload of shares still, because I believe, AND the new people who are taking the chance who can turn into the whole other new bear target if JBI doesn't progress in the way the market believes it should. We also still probably have a couple million shares from Thomas Kidd that COULD possibly be freed up at some point and hit the market.

JBI has to prove their claims in the 4th quarter of 2010, or it will drop precipitously below $.50, IMO.

I would caution a possible permit hangover feeling as the stock may not go as ballistic as everyone thinks. THE BIG EVENT is selling the fuel. Selling the fuel under a permit forces everyone to pay attention, and big money will begin to price the new risk/reward with that information. It has to be sold to a refinery, or the JV business model is destroyed. In my opinion, the market will have to price JBI at $3 or more upon knowing JBI can sell the fuel to a refinery(assuming in the vicinity of WTI).

If we are told JBI has to blend it themselves, and sell it to a few select gas stations or even gas stations owned by JBI, then we have much further to wait and see.

So, don't be surprised if the permit doesn't do all you hoped and thought. It's selling the fuel that is huge.

Once selling fuel, the stock would be much higher than these levels, but there would still be much to prove. Easier to wait on those proofs at $3 or more, and many shouldn't take too long.

Those next proofs would be adequate "low hanging fruit" plastic that JBI can be permitted to use. Can JBI produce 109 barrels of fuel/day at a $10/barrel cost? How much does the cost structure change with "higher hanging fruit" plastics, or sorting, cleaning and grinding the feedstock themselves, and how much will the price of those feedstocks rise? Will JBI receive good and adequate funding? Will JBI hire the proper key management to execute the business plan and team up with the entities to execute P2O on a large scale?

As each of those questions are answered, the stock will move accordingly.

In my opinion, many of these questions can be proven in the next 3-6 months, and if they do, a stock price of $20 is within reach.

We all know that if those questions are answered, the media involvement, and especially if there is a green bubble from oil reaching $100 again, would, not could, make this the Hottest Stock On Wall Street.

I've got my ticket, I have my popcorn, and about all I have to say now is...Put the critics in a body bag, Johnny!

Imperial Whazoo opines on possible reasons for delay of P2O simple air permit approval

OK. Mind if I weigh in as regards why the filing has yet to be made?

I guess.... and lets be clear that I'm open about it being a guess.... And actually, TWO guesses

(1.) I guess that he actually wants the thing to "hit" the market, as it were, at a dead run.

He rationally can be presumed to be aware that this technology will be hugely valuable to such entities as OPEC & the major oil companies, so the last thing he wants to do is send up a flare, have everyone get a couple of months to digest the impact this will have, and have enemies of the technology have time to construct attacks.... coordinated and/or uncoordinated attempts to sweep the technology away and make it disappear.

After all, the greatest enemy the technology has is the cartels that will loose their stranglehold on the worlds pocketbook and politics. They have oil as their power and this technology certainly threatens that!!!

So, given that he has obtained the state's permission to fine tune the process/mahinery under the "camo" of data collection and so forth, it follows that he will logically spend the time hiding the technology from view so it faces the least number of obstacles when it hits.

If it were me, I'd be aiming at having the thing 100% ready to be full tilt up & going the instant the state gives its bureaucratic approval. They will dilly dally, as all governmental agencies do, and there is no way to prevent it from being seen the instant the filing is made. So, logically, he should be aiming at getting everything up & ready so that they will be running full tilt the instant the ink dries on the stamp of approval.

Anyway... that's how I'd do it. The only chance a tiny company has against the forces that will want to sink it is to do it so darn quickly, once the state gives the nod, that next to zero time passes between approval and output in big quantities.

Of course, on the other hand.... who really knows if he is thinking any of these things.

:o)

(2.) One other way he could protect the value proposition the technology presents is to have secretly made substantial steps towards licensing the technology during his last trip to China.

If he has already circumvented the need to be bound up in the quick-sand of state agencies by attempting to get a huge toehold via a major licensee in China, then the impact on the opponents I mentioned above would be huge. After all, if the Chinese were to have already made a deal that has yet to be announced because its still being negotiated in the small print parts of a deal of that kind, then the OPEC players and the major oil companies who would otherwise do just about anything to damage the chances of this technology succeeding would be facing a totally different dynamic.

A deal already struck in China would stop them dead in their tracks.

They would not have the leeway they would have if they were to just have had the problem of stopping the approval process here in the US. If the cat is already out of the bag in China.... well, all I can say is that such a deal would obviously protect the technology here in the US, wouldn't it? Or so it seems to me.

So, my guess is that, if the technology is for real, and it seems to be.... then the delay in applying to New York State could be either of the above, or some mix of them.

But again... I'm just making a guess at a reason... a stab in the dark using logic as the spotlight..... We'll see.

Imperial Whazoo

John Hofmeister's energy predictions bode well for an optimistic & profitable future for P2O

The future of energy production in the U.S. ...

From John Mauldin's newsletter http://www.frontlinethoughts.com

John Hofmeister is the former president of Shell Oil and now CEO of the public-policy group Citizens for Affordable Energy. He paints a very stark (even bleak, as he gets further into the speech) picture of the future of energy production in the US unless we change our current policies. First, because of the aftereffects of the moratorium. It is his belief that the drilling moratorium will effectively still be in place until at least the middle of 2012. There won't even be new rules until the end of 2011, and then the lawsuits start.

Gulf oil production will be down by up to 1 million barrels a day. Imported oil is now 67% of oil usage but will go to 75% by 2012. He thinks crude oil will be up to $125 and gasoline between $4-$5 at the pump. And it will only get worse.

Quote: Oil at $125 a Barrel, Gasoline at $5

http://www.financialsense.com/user/391

http://www.niagaramag.ca/sitepages/?aid=2266&cn=Features&an=Feature%201

JBII is solving the world's waste plastic problem

Watch the video to see JBI's P2O technology converting waste plastic into fuel:

http://www.youtube.com/watch?v=K4-UDF1TqY4&feature=player_embedded

http://plastic2oil.com

JBII .. Market Maker Monthly Volume Report

JBII .. MM MONTHLY VOLUME REPORT >>> SEPT 2010

JBII - JBI, INC.

Total Share Volume 2,406,502

NITE
Knight Equity Markets, L.P. 1,090,739
CSTI
Collins Stewart LLC 494,871
PERT
Pershing LLC 291,980
ETMM
E*Trade Capital Markets Llc 146,002
AUTO
Automated Trading Desk 145,021
MAXM
Maxim Group LLC 60,340
UBSS
UBS Securities LLC 54,199
LAFC
R. F. Lafferty & Co., Inc. 48,900
LAMP
Lampost Capital, L.C. 31,950
HDSN
Hudson Securities, Inc. 20,600
STXG
Stockcross Financial Services 12,400
DOMS
Domestic Securities, Inc. 9,500

JBII SEPT MM MONTHLY DATA