Tuesday, February 22, 2011

JBII Gasoline from P2O: Better than pump gas?

Seems like JBII Gasoline is higher quality, since it needs none of those additives:

From: John Bordynuik
To: techisbest
Sent: Sun, November 14, 2010 2:00:31 PM
Subject: RE: Lawnmower running on JBII gasoline

Nice to hear your lawnmower ran well with the fuel tapped directly off lour gasoline condenser.

Our gasoline is no different than highly refined gasoline from a refinery. Our gasoline is different than gas found at the pump because we do not inject the additives and low cost cutting agents (butane injection), aromatics, and other additives to artificially inflate the octane thereby reducing the amount of high-cost gasoline. Many additives are injected in pure gasoline to increase the margin on gasoline at the pump. Our fuel was tested in a new engine long ago and the spark plug, head, valve seats and valves were inspected. There was no carbon build up, pitting, burns, or oxidation on those parts. We were quite impressed by how cleanly it burned.

Regards,

John Bordynuik




z

Thursday, February 10, 2011

Rawnoc Reports from the P2O Factory

Machine works like a beast and purrs like a kitten. I'm so stunned how efficient and automated it is by touchscreen computers. It seems to my untrained eye to run itself. Unwashed mixed multicolored industrial free plastic continuously fed. If it was legal, one dude can operate 3 machines and still have a lot of time on his hands reading an entire book during his shift IMO.

You have no idea how insanely busy everybody at the plant is and are until the weeee hours of the morning then up again. They work their BUTTs off real bad nonstop, especially John.

We don't need to be babysat. Helped out a little. Took zero of their time.

They literally have more plastic feedstock right now than they know what to do with. Of course, eventually they'll process it all. Just a wild guess, it would SEEM like it's coming in faster than they can possibly process it with one machine in the fuel factory.

By the way, some have questioned the logistical efficiency of the operations being on a border and the complexities of crossing it. I, too, wondered that a bit myself, thinking it would be an annoying time-consuming delay. I, too, was dead wrong. I spend more time at most red lights than it took to cross. 30 seconds maybe?

We should probably stop calling it a machine.

This is a fuel factory. It pretty much runs itself. John has this thing so automated every aspect of it then it basically just makes fuel on its own. It's that automated now.



z

Wednesday, February 9, 2011

Brigg Reports from the P2O Facility

Pretty slick...the entire system is automated....the machine splits the fuel into diesel and gasoline and the fuel goes into 2 tanks.....when the tanks reach a certain level the system automatically pumps the fuel to larger storage tanks...continuous feed...continuous processing....continuous flow of fuel.....AMAZING!!

I talked to one of the men on the floor and he has worked in the area all his life. He said jobs were so easy to find you could quit one day and work the next. Not the case anymore. He was out of work for 2 years before John gave him a job. He said he has seen companies come and go trying to do what JBII is doing and was STUNNED when he saw how well this processor works. He told me he loads the plastic then monitors it from the control panel then walks the machine checking and observing it running....really kind of boring it runs so well.

Yes i couldn't be more impressed with the facility. We were there until late last night. The machine when it's running is quiet. I was talking to the 2 operators and they told me the machines is easy to run. All they do is load giant bins of plastic into the hopper. The control panel is well laid out and easy to use. It shows everything going on in each part of the machine. They also have a 42" LCD display high up on the wall that shows running specs on the machine that can be seen from all over the facility plus an additional one in the break room.




z

Sunday, February 6, 2011

Grant2 addresses Message Board Posts

Most of the DD on the JBII board is intended to refute misinformation... just as you say, the core issue Justice was addressing is yet another erroneous claim about JBII! Seems like there are MANY erroneous claims made repeatedly about JBII!

Whether such false claims are because of careless research, too little attention to detail by infrequent followers of JBII board discussions, or outright intent does not alter the fact that the dedicated core group of LONGS providing JBII DD (yourself included Rawnoc) keep this board relevant as an important resource to JBII stockholders!

As the AGM approaches and the progress of year two for JBII begin to be summarized and announced by the company, it is my sincere hope that several as-yet unresolved questions will have resounding answers that eliminate the need to revisit those questions daily!

JBII currently is similar to a painting that is being completed from the outside edges inward toward the central area where the subject/object of primary interest is yet to be detailed sufficiently for everyone to determine that JBII is the valuable masterpiece we've been anticipating!

"I call investing the greatest business in the world because you never have to swing... All day you wait for the pitch you like,... The problem when you're a money manager is that your fans keep yelling, 'Swing. you bum!'"
W. Buffett

Thank you Grant.


z

Thursday, February 3, 2011

Response to a Skeptic

Response to a Skeptic:

Of all the companies out there in OTC land, JBII is one of the very few that has done things right. Here's a dozen of them:

1. They've NEVER diluted. In fact at time of RM, the OS was 63M and now it's 51M.

2. They are fully reporting/filing. In fact are at the highest tier level (OTCQX) that OTCMarkets.com has.

3. The term pink is a misnomer nowadays. Before, OTCBB was the only thing that had a modicum of prestige. This has changed. OTCMarkets.com has come a long way from Pinksheets baby. Even the SEC has stated that JBII is NOT 'pinksheets'.

4. As long as a company is being fully transparent (TA is ungagged btw), it's largely irrelevant what exchange it trades at. There are plenty of true POS on those 'reputable' exchanges.

5. The company has proved with any number of demonstrations/verifications/endorsements/eye witness reports/independent validations, etc., that their Plastic2Oil solution works. They even bought a 250,000 Gallon Fuel Blending Facility and hired a 30yr experienced refinery man recently.

6. The NY DEC has even made an allowance in their rules in that JBII is the first company in history to have received approval for Commercial Production pending full permitting.

7. 2 NY Senators have endorsed P2O

8. The output has been demonstrated by an IHub investor (Lawnmower running off straight P2O Gasoline Output).

9. The CEO John Bordynuik is a dream CEO. Reputable and Honest to the core. He deals with the likes of NASA, etc. And has done a tremendous amount of work to bring P2O live and make the company a success for her shareholders.

10. On speculation alone, the stock price reached $7 last year. The farthest the bear raiders have been able to drive her is down to .52.

11. Currently stock price is at .80 something, and is in an uptrend.

12. We believe the company is on the verge of announcing fuel sales/JV deal with a large waste plastic supplier.

Bottom line is the flags are all green with JBII, and investors can expect some Serious stock appreciation.

A lot more DD, and info is available on the board: IHub Board

z

JBI, Inc. Appoints Ernst & Young LLP as Auditors

THOROLD, Ontario, Jan. 28, 2011 (GLOBE NEWSWIRE) -- JBI, Inc. ("JBI") (OTCQX:JBII) is pleased to announce that the Board of Directors, based on the recommendation of the Audit Committee, has appointed Ernst & Young LLP, Chartered Accountants, as JBI's independent public accounting firm.

On the appointment of Ernst & Young, John Bordynuik, JBI's CEO, commented, "As one of the big 4 accounting firms, Ernst & Young has the right combination of worldwide presence and service offerings to meet our present and future audit requirements."

About JBI, Inc.

JBI, Inc. is an alternative Oil and Gas company. JBI developed a process that converts waste plastic into fuel (Plastic2Oil). JBI scaled a 1kg process to a 20MT commercial processor in less than 1 year. For more information please review www.plastic2oil.com

z

JBI Inc. Announces the Appointment of John Colin Robbins as Senior Vice President

THOROLD, Ontario, Dec. 22, 2010 (GLOBE NEWSWIRE) -- JBI, Inc. (JBI) (OTCQX:JBII) announces the appointment of John Colin Robbins as JBI's new Senior Vice President. In his new role, Mr. Robbins will solely be responsible for developing and leading the petroleum potential of the Plastic2Oil (P2O) initiative.

"I am pleased to welcome Mr. Robbins as the Senior Vice President of JBI Inc.," said President and CEO John Bordynuik. "As a member of the Senior Team, Mr. Robbins will build the petroleum team to enable our P2O products to be enhanced and distributed. His proficiency in petroleum products blending and strong leadership will be invaluable assets to our company's commercial growth and contribute to JBI's movement toward environmental sustainability."

Mr. Robbins brings more than 30 years of knowledge and expertise in operations, marketing, and manufacturing of renewable fuels to this key post. He specializes in the blending of ethanol, bio-diesel, butane, and petroleum. He has been engaged in the petroleum and bio-fuels industry in a leadership capacity since 1989 with experience extending across North America--but he is most passionate about producing a profitable, environmentally responsible energy product.

"I am honored to undertake this position within JBI, an innovative company, and (I) am eager to embark upon new challenges--especially those that foster green energy initiatives," stated Robbins. "My intent is to develop products that will reduce our dependency on foreign oil and how we define plastics recycling."

Prior to joining JBI, he was most recently employed by Sunoco Partners Butane Blending LLC as Manager for Engineering, Construction, and Operations where he successfully led three departments that designed, built, and maintained multiple new butane injection systems in gasoline transfer terminals throughout the United States. He acted as both the General Manager and Director for Engineering, Construction, and Operations at Texon LP from 2007 until 2010. At Texon, Robbins led the engineering team to re-design the butane blending systems, which resulted in substantial increase in revenue growth. He has been an active member of various petroleum boards and associations, including: Environmental Director of the Canadian Independent Petroleum Marketers Association's Board of Directors from 1995-2000, a member of the Ontario Petroleum Council from 2003-2004 and Ontario Gasoline Handing Code from 2002-2003, and served on the Canadian Federal Government Legislative Boards on Sulphur in Gasoline in 2001 and Benzene in Gasoline in 1999. He was a recipient of a National Research Council Grant awarded in Canada. Mr. Robbins holds an Honours Bachelor of Science in geology from Brock University.

The appointment is effective immediately.