Rawnoc outlines salient info from Conference Call

JBII CONFERENCE CALL
TIDBITS OF INTEREST:

PLASTIC-TO-OIL:
(1) Stack test now scheduled which takes one day -- last step to get the permit to start full commercial operations.
(2) Fuel yield ratio 40% originally to 89% now.
(3) Off-gas byproduct is produced and self-runs the system with excess natural gas that's stored as a bonus.
(4) 2 man operation per shift. Process is simple and robust with very little waste. Total cost of the processor only $200,000.
(5) Entire process is being patented. No more changes needed.
(6) Free feedstock already lined up. Plenty of sources available. "We can be choosey at this time" because there's so much available. Prefers hydrocarbon-based plastic from industrial waste which tends to maximize the numbers out of the processor.
(7) Permit = immediate full commercial operations including sale of already procued fuel.
(8) Permit = joint-venture partnerships begin talks for expansion everywhere.

PAKIT:
(1) "Commercials expected launch this summer"
(2) "We look forward to announcing the new product line in the very near future"

CC Replay: http://www.investorcalendar.com/IC/CEPage.asp?ID=160560

Raw