Rawnoc disputes naysayer's confused claim that JBII is a "stinky pinky"

Pink OTC Markets and Pink Sheets are two mutually exclusive terms.

Pink OTC Markets is the name of the company which owns both the Pink Sheets and the completely separate OTCQX that JBII trades on.

Similarly, the New York Stock Exchange owns the AMEX. You can bold NYSE 1000 times, but any stock trading on the AMEX still trades on the AMEX and not the NYSE regardless of the fact that the NYSE owns it. Likewise, any stock on the OTCQX doesn't trade on the Pink Sheets regardless of the fact that Pink OTC Markets, the company, owns the OTCQX.

Pink OTC Markets, LLC is formerly Pink Sheets, LLC. Likely they changed the name to reflect the fact that they own multiple tiers now that have ZERO to do with the Pink Sheets. OTCQX and OTCQB aren't part of the Pink Sheets. There are no bid, assets, and financial and auditing requirements on the Pink Sheets which is the polar opposite of the OTCQX. To continue to claim otherwise is deceitful.

"JBI, Inc. (OTCQX: JBII), an American technology company, is now trading on the OTC market's highest tier, OTCQX®."

http://finance.yahoo.com/news/JBI-Inc-Joins-prnews-434401724.html?x=0&.v=1

I think the owners of the OTCQX know what tier JBII is "now trading on," and they say it's the "highest tier" regardless of your confusion.

Naysayer Quote:They are on the sub-tier, OTCQX U.S.

Dead wrong. There is no OTCQX premier "tier" -- there are different requirements for OTCQX premier, but it's still part of the same tier. Premier is an extra designation. Not a tier.

The SEC confirms that the OTCQX is not part of the Pink Sheets even if you are still confused that doesn't change reality.

Raw

"SuperSquirrel" opines on JBII stock price fluctuation

A tale of two JBI's. It was the best of times, it was the worst of times...

AKA - The short kindergarten version of why we are where we are today.

Only time will tell if JB can produce on the claims made and take JBII stock to new heights or the P2O process proves not to be a viable business model and JBII will become valued based on the other businesses.

At this moment in time there is a good reason that the stock is priced where it is right now. It looks to me like JB was feeling like superman before the AGM and could spout out what ever thought came into his head on FB (I do not think it is fair to call them promises but more like current thoughts and plans that would change as the situation changed). He was basking in the spotlight and if he had not encountered the oxygen sensor problem and the off-gas problem, then the stock probably would have held and continued upward as long as he had received the permit and had the media event in a timely fashion. Then for the icing on the downward spiral cake, we have the E status then losing the OTCBB status along with the large number of shares becoming unrestricted. I would bet that JB is also taking the good advice from his lawyers and going silent on FB as they are now communicating though professional channels like a big board stock. This stock has been punished for talking of NASDAQ and then being delisted even though their books are now prepared to uplist to a higher exchange once they get the stock price back up into qualifying range.

We are all here to make money and you cannot argue that dropping from over $7 to under $.80 so far this year is bad for long shareholders (except maybe for those of us who were able to average down). JBI as a company has grown up (with a top firm auditing). JB appears to be also growing up (ceasing FB musings).

I think most of us can agree that JB must know right now if he has built a P2O processor that is cheaper to operate, cheaper to build and also more efficient than any current competitor. So the key questions to me right now are:

1) If JB does not believe that he has "the goods", would he be using the capital resources to build additional processors and updating the blending site while forgoing his CEO pay until after after a permit is obtained? Don't you think he would be saving cash for another venture or to line his pocket, if his P20 did not work better that competitors?

2) After all the new cautionary statements with the new audited financials, would JB stick his neck out on a limb by basically stating that the company has enough funds to get P2O into production? This is very important because the price of JBII stock ($.10 or $100) will not have any impact on the companies operations UNTIL they need to raise additional funds. If the permit happens and a reputable independent 3rd party can give a production report that will verify the efficiency claims and cost effectiveness of the system, then the media exposure should put JBII stock back to new heights and beyond as investors see the long term value IMHO.

3) Will there be other problems and delays after the permit and fuel is being produced? Yes, but with income coming in from fuel sales they will not have the impact that the stack test and permit have had on the stock price IMHO.

Everything I state is just my own opinion so do your own DD.

Buying great stocks is important but buying great stocks at a great price is even more important.

Zardiw questions the persistant negativity against JBII

Ya got me. We think part of it's a Bear Raid.....and that's what brought her down from $4, where she should be, pending the permit approval, after which who knows how high she'll go.

It boggles my mind as well why there is so much negativity being expressed against JBII.....both on the various venues of the internet (message boards, blogs, 'articles', etc), and also in the real world via attacks by complaints and phone calls, and attempted breakins of the company premises.

Really is a mystery why one of the few companies on the OTC that is Fully Filing, is on the #1 Tier Level (OTCQX), has a very tight low share structure (50M), and a CEO with an impeccable reputation (The guy deals with NASA and MIT for crissakes) is being attacked so vehemently.....makes no sense does it?

The only way it makes sense is some type of profit motive...shorts?....or personal vendettas/crusades for God knows what reason(s).....disgruntled X Employees, or just people who like to Destroy Beauty.

In JBII we have a company that is trying to solve a huge problem with Waste Plastic....and has succeeded in coming up with a method to do just that. JBII is trying to make the world a better place........and she's having to fight tooth and nail to accomplish that.......Freaking blows my mind.....One would think the world would cheer her on.....but instead a lot of rocks get placed in her road......z

DROPPS is licensed by Pak-It, a JBI, Inc. company

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https://www.droppstv.com/flare/next

Steady_T clarifies JBII's "near diesel"

Near diesel is the mixed hydrocarbon output of the P2O process before further processing. It is a mixture of longer chained hydrocarbons that make up diesel fuel along with a small percentage of shorter chained hydrocarbons that make up gasoline.

The is an even smaller percentage of very short chained hydrocarbons that are comprised of butane, propane, methane and ethane.

The mixture of liquid hydrocarbons contains approximately 85% diesel range and 15% gasoline range hydrocarbons. The closest description of the mixture is "near diesel".

After a further separation step the mixture will cease to be "near diesel" and will become diesel, 85% by volume, and gasoline, 15% by volume.

The gas mixture is compressed for storage. As a byproduct of compression the butane condenses out and is recovered as a liquid.

You can make your own "near diesel" at home if you have a specific need for it.

Near diesel can be used as a blending stock, as boiler fuel, or can be separated into the usual fraction for sale as motor fuel.

Hope this clarifies what "near diesel" is for you.

Rawnoc analyzes and compares JBII's P2O so-called "competition"

Plast2Fuel/Agilyx = COMPETITOR OR BAD JOKE?

1. $5.6 million cost of a processor or 2700% more expensive than JBII's? Below is an example of a purchase agreement for the processor alone costing $5.6 million to make 151 barrels per day of "synthetic crude-like product" as their permit calls it. JBII's processor costs $200,000.

http://tinyurl.com/39soybq

2. A smaller processor costs $2 million to $2.5 million, claims to make 52 barrels per day, and requires 14 employees. Does the larger one require 28 employees vs. JBII's 2 and $200,000?

"An entry-level plant would probably cost $2 million to $2.5 million to set up and employ about 14 people, he says."

"An entry-level system would process about 20,000 pounds of plastic feedstock per day, producing about 2,200 gallons of crude oil."

http://portlandtribune.com/sustainable/story_2nd.php?story_id=127367768353395400

3. No claims on fuel quality nor emissions or pollution. In fact, their permit calls it a "synthetic crude-like product" (as opposed to JBII's diesel fuel) and warns of emissions/pollution:

"The combustion of natural gas and noncondensable gases in heating equipment releases small amounts of Particulate Matter (PM), Carbon Monoxide (CO), Nitrogen Oxide (NOx), and Volatile Organic Compounds (VOCs) to the air as products of incomplete combustion. VOCs are also emitted from the product storage tank when the tank vapor space is displaced from filling or thermal expansion (breathing losses). Some of the VOCs are classified as hazardous air pollutants (HAPs)."

http://tinyurl.com/2umurda

No wonder their FAQ on their website dodged the question:

Q: Have you performed a Greenhouse Gas/Carbon Footprint analysis?
A: Yes. The results show that the net carbon footprint of Agilyx’s technology is favorable.

Favorable?????????? Zero emissions from JBII is certainly far more favorable.

JBII is a viable P2O company. Not Plas2Fuel/Agilyx.

Let's review....

Plas2Fuel/Agilyx $5.6 million vs. JBII's $200,000 cost of processor
Plas2Fuel/Agilyx 14-28 employees vs. JBII's 2 employees
Plas2Fuel/Agilyx makes a "synthetic crude-like product" vs. JBII's high quality diesel
Plas2Fuel/Agilyx has toxic emissions. JBII has none.
Plas2Fuel/Agilyx doesn't even touch the issue of residue. JBII has very little residue.


You're reaching. On a side note, for example, I love how some refuse to acknowledge that JBII specifically stated near diesel is diesel with gasoline fractions that can be easily separated into diesel and gasoline but when you find some garbage laughable competitor you immediately take what they say at face value and spin their terrible data.

The $5.6 million is indeed for one large processor for Agilyx. You can spin it any way you want, but their own claim which may prove to be very optimistic is that it makes 150 or so barrels per day at maximum capacity. I don't care if you want to call that 1 processor or 500 million processors. It's a $5.6 million load of shit that has toxic emissions and requires somewhere between 14 and 28 people to operate just to make something they call "synthetic crude-like product" at a cost of $42/barrel.

It's amazing how there's been a dozen of so jokes of competitors like this thrown here and each and every one of them the skeptics who trash everything about JBII can't find a single fault with these competitors and are instantly in love with everything about them right away. Until I point out the details. Then there's a bit of arguing and defense, but they are interestingly rarely or never brought up again as competition.

Gee, I wonder why.

“Competing systems from Alphakat (Buttenheim, Germany), Ozmotech (Victoria, Australia) and Plas2Fuel (Washington, US) exist, but they have limitations of emissions, selective plastic input as well as high capital cost due to low processing efficiency,” said James Vance, project manager at IC2 Institute at the University of Texas.

http://www.livemint.com/2007/11/14001417/World-takes-note-of-Mumbai-sta.html

"Now that Plas2Fuel is reaching full capacity in Oregon, Bostwick stated that when all costs of manufacturing are accounted, the company produces synthetic crude from mixed plastics for $42 a barrel."

http://www.americanrecycler.com/0809/value.shtml

If anybody is foolishly excited about Plas2Fuel/Agilyx, just wait until they feast their eyes on JBII's process.

Raw

Steady_T defines "material" events

quote-----
How is that not material?
-------------

1. USA
Material events that are reported to the U.S. Securities and Exchange Commission on Form 8-K

The comprehensive list of prescribed corporate events that are presumptively material and that must be disclosed, or will likely be required to be disclosed, with the U.S. SEC on Form 8K is as follows:

• Changes in control of a company;
• A company’s acquisition or disposition of a significant amount of assets;
• A company’s bankruptcy or receivership;
• Changes in a company’s certifying accountant;
• Resignations of a company’s directors, circumstances for the departure of a director, the appointment or departure of a principal officer, and the election of new directors other than pursuant to a vote of security holders at an annual meeting;
• Change in a company’s fiscal year and amendments to a company’s articles of incorporation or bylaws that were not previously disclosed in a proxy statement or other such disclosure document;
• Entry into a material agreement not made in the ordinary course of business;
• Termination of a material agreement not made in the ordinary course of business;
• Termination or reduction of a business relationship with a customer that constitutes a specified amount of the company’s revenues;
• Creation of a direct or contingent financial obligation that is material to the company;
• Events triggering a direct or contingent financial obligation that is material to the company, including any default or acceleration of an obligation;
• Exit activities including material write-offs and restructuring charges;
• Any material impairment;
• A change in a rating agency decision, issuance of a credit watch or change in a company outlook;
• Movement of the company’s securities from one exchange or quotation system to another, delisting of the company’s securities from an exchange or quotation system,or a notice that a company does not comply with a listing standard;
• Conclusion or notice that security holders no longer should rely on the company’s previously issued financial statements or a related audit report;
• Any material limitation, restriction or prohibition, including the beginning and end of lock-out periods, regarding the company’s employee benefits, retirement and stock ownership plan;
• Unregistered sales of equity securities by the company;
• Material modifications to rights of holders of the company’s securities;
• Earnings releases;
• Changes in earnings guidance; and
• Other materially different information regarding key financial or operations trends from that set forth in periodic reports.

Rawnoc educates "mind-numbingly stupid" naysayers

Locking up contracts makes the logistics easy, sure, and further validates JBII so they are significant in that regard.

But on the topic of the PRICE of feedstock being $0.00 requiring an 8K? That's mind-numbingly stupid. That would be like requiring somebody make a formal announce because a company is going to get supply from Dollartree for $1.00 per item. A 10 year contract with Dollartree? Awesome, logistics are set and validity is high. But who gives a shit that you were able to get items for $1.00 at Dollartree when that's the market price. Likewise, who gives a shit that you were able to get waste plastic for free. Everybody with an IQ higher an onion who has done any kind of meaningful DD already knows that getting waste plastic for the price of free is easy. No company needs to issue an 8K to help somebody's gross ignorance.

Maybe you should read your own quote better:

"is no big deal because I don't have any difficulty acquiring plastic"

Please show us the SEC regulation that requires an 8K to be filed for things that are "no big deal" -- I called the SEC and asked them if 8Ks must be filed for things that are "no big deal" and they told me I'm an unbelievable idiot, to go fly a kite, and hung up on me.

When Form 8-K is Required
Form 8-K is used to notify investors of a current event. These types of events include:
Material definitive agreements not made in the ordinary course of business

http://en.wikipedia.org/wiki/Form_8-K

Getting plastic for free when the market price of plastic is free is within the ordinary course of business. There's nothing extraordinary about paying market price for something, in this case the market price being $0.00

You not understanding boiler plate disclaimers doesn't change reality which is easy to verify.

Plastic waste is overwhelmingly easy to come by for free at this time, regardless of disclaimers about the future. Might as well call it a contradiction while you're at it when a CEO has a disclaimer read at the beginning of the conference call that forward looking statements are unreliable then he proceeds to give guidance.

Perhaps it would be less deceitful to put the entire boilerplate disclaimer out there instead of taking a phrase out of context and running with it.

The renewable energy sector and recycled products sectors are highly competitive. Plastic2Oil is in the process of commercializing its processor and catalyst technologies and there is risk associated with being a new entrant into the alternative energy sector. Profitability in the Plastic2Oil business will depend largely on the access to waste plastic feedstock where prices can fluctuate significantly. Plastic2Oil faces competition from other recycling solution products for access to feedstock in addition to facing competition from the traditional refined products industry. The Company’s P2O operations are subject to the risk factors previously disclosed in our annual report on Form 10-K/A for the year ended December 31, 2009, filed with the SEC on July 9, 2010.

==================================

By the way....the prices DO fluctuate significantly. Anywhere from .20 per pound to buy one type of plastic to getting paid .10 per pound for other types of plastic.

If would be further far less deceitful if you quoted the email better which clearly explains this -- that 20% of plastic is of the expensive quality kind. He's interested in the other 80% which is free or paid to accept. This is what we call a fluctuation. Or one can do some meaningful DD and learn very quickly about huge loads of free plastic that are available because companies already pay massive quantities to get rid of it INCLUDING plastic recylers themselves.

FREE PLASTIC FEEDSTOCK = EASY. EXAMPLES BELOW:

(1) $10 to $100 per ton to dump waste plastic. Cities could save as much as $200 per ton with JBII:

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

(2) "steady stream" from construction sites by the ton:

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

(3) 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/

(4) $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

(5) "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?

It's going to be really confusing for you when JBII is making thousands of barrels of fuel out of free feedstock.

It won't be confusing nor a surprise to me. You ask why there are no positives in a boilerplate disclaimer. I suggest you look up what a boilerplate disclaimer is. ROFL!!!

The yield is 89% so far and it's from steady state runs of FREE feedstock from both industrial and post consumer sources.

I consider this inane discussion over.

Raw

ABIGHAMMER disputes naysayer's claim that IsleChem is NOT qualified to test P2O output

while Islechem may test toys, it is not the type of company to play games in the field, or its own expansive labs.

which, is why our totally transparent, forthcoming CEO, JB secured them in the first place to conduct the testing. JB knew of their impeccable and broad based track record, including their vast lineage.

which, included but wasn't limited to OXY [occidental petroleum}. yes, that " OXY ". at any rate, i am sure that JB contracted with such a firm to dispel any absurd rumors about the function, and operations of the P2O processor.

for example, with a company that has the extensive pedigree that Islechem is endowed with, what chance do you think there was[is] that plastics of various sort entered the processor, and nitrogenous waste [human urine} exited, and not near saleable grade diesel and gasoline like substance?

i can answer that succinctly : ZERO

Rawnoc responds to JBII naysayer trolls' baseless comments

I'm not impressed with trolls that have a history of "nailing" subpenny pinksheets that everybody already knows is garbage. JBII has zero in common with those non-reporting entities that no credible companies nor government agencies like DEC would touch with a ten foot pole.

CRA, DEC, Chrysler, Islechem, and Al Sousa are all doing business with a scam who's "scam" is about to be permitted and sell the fuel they've already made? It's going to be pretty tough very soon to keep calling something a scam that people are using to drive their vehicles with. We all know some people are nitpicking and looking for the slightest little infractions about technically 8Ks that may or may not have filed and have reduced their bearish arguments to talking about what will happen if it snows and traffic slows down somewhat, LOL, but that doesn't change the fact that JBII is 100% very real and about to be making and selling the fuel they've already produced and will be producing.

This is why the DEC has never seen anybody before JBII in their multi-decade history even make it to the stack test despite others trying and failing miseably over and over. JBII is the first success story they've ever seen or even heard of.

Envion isn't a competitor. They are a miserable failure.

Well we gotta be careful -- sometimes in snows in New York and JBII wants to do business in New York and sometimes those roads get slippery and and and and then what? Maybe a trailer one day filled with free plastic takes a wrong turn because a sign is covered in snow and ends up delivering the free plastic 3 hours late then how will that change the matrix, huh?

Better make another false report to the SEC based on snow days. Do it 400 times a day. Beg. We're running out of time. It's probably under the bullshit statute. The EPA has just as much reason to be involved as the SEC.

I was thinking of filing a bunch of false, bullshit baseless reports to the EPA, the SEC, the DEC, the FBI, etc. and doing it dozens of times a day, but then I found out that tortious interference is illegal and could backfire.

Don't forget the driver of the oil trucks is going to need a state-certified driver's license.

That requires a series of tests including a written test, a roat test, a commercial driver's permit. Man this sucks. Probably going to take millions of dollars and 30 years of testing by the EPA as well.

LOL

Raw

NewsUSA article on Pak-It products

Tips for a Spick, Span And Green Home


(NewsUSA) - You faithfully separate your paper and plastic recyclables and purchase phosphate-free laundry detergent, but a look at your cleaning cabinet reveals bottles displaying skulls and crossbones. Sure, you know that harsh chemical cleaners aren't the best for the environment, but how else are you expected to clean your home?

Luckily, it's possible to make your home spotless without using toxic cleaners. JBI, Inc. (OTCQB: JBII - News), a technology company that seeks to innovate new solutions to issues facing today's world, including environmental concerns, offers the following tips:

* Purchase environmentally friendly cleaning products. Put away the bleach and look for greener products. For example, DropShot Cleaners (www.BuyDropShot.com) carry the Design for the Environment designation from the Environmental Protection Agency (EPA). The entire family of money-saving DropShot products has a convenient, eco-friendly refill system. Just drop the small refill shot into your reusable empty bottle and fill with water. When the concentrated shot dissolves, you have a full bottle of commercial-strength, earth friendly cleaner that is ready to tackle the toughest messes or odors.

* With DropShot cleaners, along with cutting plastic bottle waste, you pay for its incredible cleaning power -- not water! The cleaners use the safest chemicals available, though, like all cleaning supplies, they should be kept away from pets and children.

* Stop using paper towels. For windows, try using a soft cloth, like an old T-shirt. If you must use paper towels, look for brands that contain 100 percent recycled materials.

* Use baking soda instead of fragrance sprays. Fresh-smelling air doesn't come from an aerosol can. If you want to banish funky odors, try sprinkling a scant amount of baking soda into your carpet. The baking soda will absorb odors. A little vacuuming, and you'll find yourself with an odor-free carpet.

House plants, too, can help freshen the air. Chrysanthemums, English ivy, spider plants and Boston ferns can all improve indoor air quality, though you shouldn't buy a plant without first checking to make sure that it will be safe around your pets.

For more information, visit www.BuyDropShot.com or www.jbiglobal.com

http://www.copyrightfreecontent.com/newsusa/tips-for-a-clean-green-home/

tykundegex says P20 technology is both mature & legitimate

P2O diesel now selling at a pump near you.

OK maybe not near you, but near anyone living in central Switzerland. Proof that this technology and business model is both mature and legitimate.

Some buses in the city of Baar run on Syntrol, which is the trademarked name Nill-Tech gives to their P2O output.

An article about the project: http://www.globel-projekt.ch/index.php?S=1&Folder=1

Some photos of the buses:

https://docs.google.com/leaf?id=0B-5LYrqHUB2OMDY1NjRkYWUtNjgxOS00NDc0LWI2ZDEtMWUxNDM0NzRjNmE5&sort=name&layout=list&num=50
https://docs.google.com/leaf?id=0B-5LYrqHUB2OZThkMzEyZWYtNzE2Ny00NTZmLTg2MTAtY2VjNWZiM2IzMjBl&hl=en_GB
https://docs.google.com/leaf?id=0B-5LYrqHUB2OYTcwODAyMGUtODM2NC00MTQyLTljM2MtYzExZmU5ZmYzM2Nm&hl=en_GB

And an article about these buses (in German): https://docs.google.com/fileview?id=0B-5LYrqHUB2ONmZiOWNmN2YtNmU5NS00NmQ0LTkxZmMtNmY3MjI5OTkzM2Jh&hl=en_GB

That Swiss plant cost CHF 5 million to build by the way ($4.8m). Does anyone recall from the last conf call what JB said the Plastic2Oil(TM) processors would cost each? That's right.. less that 5% of that number. Sure, that's not the final cost of a P2O site, but if you are still wondering if P2O will be profitable those figures may help to clarify things a little.


Interview & video about the site (in Swiss German):
http://www.videoportal.sf.tv/video?id=22ae8654-6243-48fe-8703-a6308dddea7f


Recall that JBI's tech is not only significantly cheaper to build, but the yield is better, and the output is higher quality. These kinds of waste-to-energy systems are coming on-line rapidly lately, and JBI has a real leg-up on the technology that's out there today.

Investing in JBI today is a no brainer folks.

Tykün

JBI, Inc. Joins OTCQX

JBI, Inc. Joins OTCQX

NEW YORK, Aug 19, 2010 /PRNewswire via COMTEX/ -- Pink OTC Markets Inc. (OTCQX: PINK), the financial information and technology services company that operates the leading electronic quotation and trading system in the U.S. OTC securities market, today announced that JBI, Inc. (OTCQX: JBII), an American technology company, is now trading on the OTC market's highest tier, OTCQX(R).
(Logo: http://photos.prnewswire.com/prnh/20090708/NY43125LOGO )

(Logo: http://www.newscom.com/cgi-bin/prnh/20090708/NY43125LOGO )

JBI began trading today on the OTC market's prestigious tier, OTCQX U.S. Investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcqx.com and www.otcmarkets.com.

"The superior information and visibility of the OTCQX marketplace allows companies, like JBI, to efficiently build investor confidence and expand their shareholder base," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "We are pleased to welcome JBI to OTCQX."

Anslow & Jaclin, LLP will serve as JBI's Designated Advisor for Disclosure ("DAD") on OTCQX, responsible for providing guidance on OTCQX requirements.

About JBI, Inc.

JBI, Inc. (OTCQX: JBII) will trade on OTCQX under the symbol "JBII". JBI, Inc. is transitioning to become a global technology leader whose purpose is to mine data from JBI's large information archive, find under-productive entities to inject our superior proprietary technologies into, and benefit from increased productivity and profitability, beginning with Plastic2Oil.

About OTCQX

The OTCQX marketplace is the premier tier of the U.S. OTC market. Investor-focused companies use the quality-controlled OTCQX platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. stock exchange. For more information and to view a full list of OTCQX companies, visit www.otcqx.com.

About Pink OTC Markets Inc.

Pink OTC Markets Inc. (OTCQX: PINK) operates the leading electronic interdealer quotation and trading system for over 9,000 securities not listed on a U.S. stock exchange. Pink OTC Markets segments these securities into three tiers: the quality-controlled OTCQX marketplace, the U.S. registered and reporting OTCQB marketplace, and the speculative trading Pink Sheets marketplace. These three tiers constitute the third largest U.S. liquidity pool for trading public company shares, after The NASDAQ Stock Market, Inc. and The New York Stock Exchange. Our products and services promote market transparency, improve price discovery, facilitate regulatory compliance, and increase the quality of issuer disclosure, to the benefit of all OTC market participants. To learn more about how Pink OTC Markets' products and services make OTC markets more transparent, informed, and efficient, please visit our websites at www.otcmarkets.com, www.pinkotc.com and www.otcqx.com or contact us at info@pinkotc.com.

Subscribe to the OTCQX RSS Feed

stonehenge congratulates JBII on OTCQX listing

CONGRATS JBI!
http://www.otcqx.com/otcqx/market/otcqxList
See page 4!
JBI is one of only 123 companies that qualified for the OTCQX.

OTCQB lists 3,830 companies and the pink sheets 5,483:
http://www.pinkotc.com/corporate/index.html

"...the premier OTCQX market tier for investor-focused OTC-traded companies that can satisfy financial and disclosure listing standards...":
http://www.otcqx.com/otcqx/about/overview

This is another important quality certificate. (Much) more to follow, IMHO

"Tyk" says JBI, Inc. is clearly NOT a "nothing company"

You would SO lose the argument if the AGM attendees were to be surveyed today about whether they think JBI is a "nothing company". I can vouch for a statistically significant number of them -- they are all longs, and not merely because they may be underwater at today's price, but because of JBI's technology and potential profitability that are game-changing in the waste-to-energy space.

Tyk

Rawnoc challenges naysayer's comment that JBI won't be able to sell its P2O fuel

Better start drafting that retraction then. The DEC seems to think that the soup JBII is making is good shit.

What you really don't understand and never understood is that even if the delusional fantasy was true that selling soybean oil biofuel at a profit was difficult so JBII may have trouble selling petroleum diesel, even if that silly notion was true, there's seemingly endless uses for fuel in all sorts of areas if you really wanted to believe that the fuel was of low quality. Your notion that domestically produced fuel would have no use is just plain old silly. There's not a substance on this planet that doesn't have high use if it can be lit on fire and not pollute the air. I bought a box of wood this weekend for what must have been the equivalent of $70/barrel and that's gotta be one of the worst qualities of fuel there is lol. But somehow I'm able to find a use for it. :)

There is absolutely, positively, zero challenge whatsoever for JBII to sell their fuel. It's only a question of just how much they'll fetch for it. I say $10 to $60 above crude. You say $0. I say that's silly thought. $10 below crude? I guess if it's the worst quality. But $0? Pure insanity.

"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. "

Raw

P51-D - JBI's blending facility is READY TO GO!!!!!

It's been great to see the blending facility pictures of late. Shows how serious JBI is about putting together the WHOLE picture, not just a portion of it. Imagine how many 10's of millions of dollars worth of fuel can be processed and sold thru this pristine facillity.......PLUS , all inspected, certified, permitted, and READY TO GO!!!!!

Rawnoc comments on naysayer's "brain dead " advice to sell JBII in the .60s

If I had sold in the .60s because I was promised the .50s, I would be looking for a bridge to jump off of.

Thank goodness I bought in the .60s instead. Even those who bought before the AGM or for the hope of NASDAQ listing or for the tape biz could see themselves at a profit some day soon. But those who sold in the .60s because they were told matter of factly that was their last chance to sell or they'll have to sell in the .50s?

*poof*

Their money is forever gone with no chance of recovery. Except for me. I know that was brain dead advice and instead bought lots more in the .60s, and I'm already at a massive profit by buying the shares of anybody stupid enough to sell them to me.

Imagine when it goes back to $5? Those people break even.

Those who sold in the .60s? Lose 800%+ in opportunity cost.

The beauty about bad long positions and advice is that the most you can lose is 100%.

The real painful thing is bad selling advice. The losses are unlimited. At a mere $2.00, one could have gotten over 200% more money waiting to sell there than in the .60s. OUCH!!! Impossible to lose 200% on the long side.

I'd feel bad if I hadn't been so busy buying the shares of anybody dumb enough to sell them to me.

Thoughts?

Raw

OverDraught discusses pending bill which would allow a tax credit for producing oil from recycled waste.

H.R. 3592 - To amend the Internal Revenue Code of 1986 to allow a tax credit for producing oil from recycled waste.

Don't know if this has been discussed here yet, but there is a bill pending in the US House of Representatives that would allow a tax credit of up to US$0.60 / gallon for oil produced from waste plastic, on up to 2,000 barrels per day per facility. That adds up to $25.20 per barrel. Not bad if you are JBI and your cost is, say, $10 per barrel.

Some restrictions apply, including a requirement that the credit would be available only for facilities placed in service after the bill is enacted.

The bill was introduced last September and has been languishing in the Ways and Means Committee ever since.

So, if you are tired of reading about pending permits and tinted exchanges, you might consider using a little of your time to write your congressman and encourage consideration of the bill. If you don't have a congressman, well, pick one. Heck, write them all.

Read the Bill here:
http://thomas.loc.gov/cgi-bin/query/z?c111:H.R.3592.IH:

You can also read some interesting sub-committee testimony here:
http://thomas.loc.gov/cgi-bin/query/z?c111:H.R.3592.IH:

stonehenge disagrees with naysayers' negative & skeptical rhetoric

1. Normalized operating results were 2 cents loss in Q2;

2. Who says there is no definite date for the stack test? The 10Q is very specific in mentioning August.

3. Who says the company is unWILLing to sell the fuel? What if they stored some nice volume, which JBI is able to sell once the permit is received?

4. Failure of the tape reading business? Switching focus is called 'prioritizing'. Almost everybody, even the naysayers, were previously screaming that tape reading would not add as much value as P2O -when succesful- could bring to the company. The 10Q spells it out for you. It also says that it is to be expected that Tape revenue will increase in Q3 (IMO because the P2O operations will be permitted, stabilized and running 24/7);

5. After releasing the marine and Al Soussa JV/partnerships some months ago, the 10Q gives a nice update on this... Read it carefully and it is clear that these initiatives are ready to go and finalized as quickly as possible after receival of the permit.

6. Uplisting: it takes longer than previously anticipated. Hiring Withum makes up for the delay, if you ask me.

You have to understand Rome was not build in 1 day or even 1 year. And so is JBI. My take on Q3: we will see the first P2O revenues. Will JBI be profitable in Q3? IMO not, because this first P2O revenue from the very first 20T processor will not make up for the 2 cents loss in Q2. There is a wild card, however: PakIt. I don't know if or to what extend revenues are increasing now the advertorials are being aired.

But, and than I come to my forward looking valuation: the process is easily scalable and repeatable. Two more (new) processors are already in the works according to the 10Q. It'll be only a matter of time before there will be multiple P2O processors producing fuel/diesel/gas and JBI will make money hand over fist.

It's OK with me if you want to stay on the sidelines until this all will be realized. But in that case I guess you already missed an interesting opportunity to be part of a hige financial success. The market is forward looking and so should a savvy investor be.

'Game over' is the movie that JBI will present to you and the other naysayers pretty soon in a theatre near to you. You might be so incredibly astonished you can not even start to imagine, LOL. I am looking forward to see you eat a major crow if this plan comes together the way I think it will come together...

Patience, grasshopper.

BRIG_88 questions poster's "bs"

So now you're saying JBII is going to get a permit for a process you have stated doesn't work....or even if it does work they can't make any money at it?

ROFLMAO!!.....interesting....then why are they even bothering to apply? This just keeps getting better.....lemme tell you how this is going to go down....and believe me we're going to review the bs you've posted when it does happen

1. JBII will have a stack test.

2. That test will pass.

3. JBII will receive an operating permit.

4. JBII will make money hand over fist selling fuel.

Kicker here and going out on a limb.....someone makes a run at the company and tries to buy them out.

ABIGHAMMER speculates on JBII buy-out

heres an appetizer for you: what if a huge company that just experienced a massive amount of damage, both envoirnmentally

and financially got wind of JBI's operation [if they havent yet] and recognized what a JUGGERNAUT of a revenue generator it could become, in an extremely short time frame?

now, couple this with JBI's other businesses, which are enroute to also being profitable in an extremely short time frame as well, and it makes an attractive buyout for sure.

but heres the appetizer part: what if this said company recognized what JBI's process which is totally envoirnmentally conjoined, could do for its recently extremely tarnished image?

i would safely hazard a guess, that a billion dollars would be an initial low ball offer. after that, who knows?

patience is an amazing virtue to have when investing in a fledgling company with massive potential, such as JBI.

if memory serves me, there is some huge company that started selling books on the internet. i believe they nearly set a record for quarterly losses every time.

hows that working out for them now?

Rawnoc asks "$130 TO $150 PER BARREL JBII's P2O ??????"

$130 TO $150 PER BARREL JBII's P2O ??????

(1) There are 159 litres of fuel in a barrel of oil:
http://tinyurl.com/2afwtao

(2) Average Ontario, Canada price per litre at the pump = $1/litre:
http://www.ontariogasprices.com/Prices_Nationally.aspx

(3) Subtract gas tax .143 a litre:
http://www.ontariogasprices.com/Can_Tax_Info.aspx

(4) Retailer profit per litre = .035 (3.5)%:
http://www.fin.gc.ca/toc/2005/gas_tax-eng.asp

(5) .822 per litre JBII can sell it for from the blending site. 159 litres * .822 = $130.698 per barrel

Now what if they sell it from the blending site to a NON gas station??????????

Tax-exempt fuel
Coloured fuel is exempt from Ontario fuel tax and may be used for non-taxable purposes only.
http://www.rev.gov.on.ca/en/bulletins/ft/fuel1_2001.html

If so, add back the .143 * 159 = $22.74 per barrel to the $130.698 per barrel for a total of $153.44 per barrel

Raw

JBI, INC files 10-Q Quarterly report

JBI, INC - 10-Q Quarterly report Filing Date 2010-08-13

http://www.sec.gov/Archives/edgar/data/1381105/000121390010003178/f10q0610_jbi.htm

The Company currently owns five P2O processing machines including the original desk-top unit, a 1-ton unit which will continue to be used for research and development purposes as needed, a 20T processor located at the Company’s Niagara Falls location, as well as component parts that have been procured to assemble two additional production size processors.

The Company believes that these machines are capable of converting waste plastic to oil through a process using a chemical catalyst. The currently operating machine is a 20 metric-ton processor intended for commercial use. The Company intends to assemble more of these machines, which it will own and manage itself, or license to commercial operators in the United States, Canada and elsewhere.

Through a joint venture with a third party, the Company plans to install machines intended for international use on ships that will travel overseas. The machines have undergone extensive testing to determine whether, among other things, they satisfy air quality standards enforced by the New York Department of Environmental Conservation (“DEC”). To date, test results indicate that the machines comply with these standards. The Company is operating its 20T processor to gather data for a DEC air permit to allow full commercial production.

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 3rd 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.

"In July 2010, the Company scheduled a tentative date in August for an air permit test for its first production P2O processor. The configuration of the processor is in working condition and has allowed the stack test to be scheduled, contingent upon the availability of testing and regulatory attendees. The Company intends to operate the processor in full commercial capacity upon receipt of the air permit."

Rawnoc educates skeptics on Market Makers & OTCBB quotation service

Since MARKET MAKERS are the only ones who can apply for "listing" (for lack of a better word), obviously JBII wouldn't have to file an SEC filing to report the status of something of actions of market makers in the first place.

"Only Market Makers can apply to quote securities on this service. Issuers may contact an authorized OTCBB Market Maker for sponsorship of a security on the OTCBB. The OTCBB does not charge issuers a fee for being quoted on the service. FINRA Rules prohibit Market Makers from accepting any remuneration in return for quoting issuers' securities on the OTCBB or any similar medium."

http://otcbb.com/aboutOTCBB/overview.stm#aboutfeatures

Why would JBII have to file an 8K over a market maker applied-for service? Should JBII file an 8K if a market maker goes out to lunch too? JBII never applied to list on the OTCBB because no companies ever apply to list on the OTCBB -- market makers do, and technically it's not considered a "listing" -- so the notion of having to file an 8k over a "delisting" is ludicrous and I consider this topic done and buried.

Doesn't matter if the OTCBB is the messiah of the trading world.

It's still not a "listing" -- it's quotation service for which a market maker applies. So it seems stupid to expect an 8k from the company over a "listing" when there is no "listing" and the service, and no company is a market maker.

Raw

"Steady_T" challenges skeptic's erroneous comment

Skeptic's comment:
According to the EPA, there is no such thing as "pyrolysis oil based fuels".

Steady_T states:
They recognize renewable fuels which are Cellulosic biofuel, Biomass-based diesel, Advanced biofuel, and Renewable fuel.

Then there are Alternative fuels which include hydrogen, fuel cells, electric, natural gas, and propane.

And of course gasoline and diesel fuels.

Since there is nothing in the JBII fuels except the usual hydrocarbons, JBII pyrolysis derived fuel once separated into the appropriate fractions will meet the standards for gasoline and diesel. The EPA is not interested in where fuels come from, except renewables, because they are interested in the fuels chemical content. As has been discussed repeatedly, registering gas and or diesel with the EPA is mostly a paper work issue.

The EPA is interested in where renewable fuel comes from because they have to report to congress about meeting renewable fuel volume goals.

The list of EPA registered fuels doesn't have a category for pyrolysis oil based fuels because it has no need for one. Pyrolysis derived fuels are registered under the usual categories.

Selling the output from the processors will not be a problem no matter how you work the semantics.

There is really only one question, that is will the output be sold to refineries or will it be blended and sold as an end product. Perhaps it will be some of each.

"tykundegex" opines on JBII iHub board posts

I do have a window into the future. And through it I can clearly see JBI operating P2O and selling fuel just as they have been claiming they're able to do.

And when that finally happens, this board (I hope) will finally turn the page and start to be a place to discuss the prospects, the strategies, the (justified and constructive) criticisms, etc.

For the past year this board has been none of that -- merely hype or slander. We should be talking about if it's realistic to predict over 500 processors in 5 years, or 2500 ever. If they should buy a ship and sail to the orient, if they should visit the ocean garbage patch as a PR stunt, if they should acquire other entities, enter into partnerships, forge JVs. If P2O is a mid-term trend, threatened by bio-plastics, or here to stay for 20+ years.

I'd like to see us discussing (one day in the future) if they should issue dividends!

Until that day, it's the same ol' BS: bull/bear, pump/scam, pinks, shady shareholders, snakeoil salesman, late filings, 100 bagger, insider trading, blah blah blah.

90% useless board with 2% of a very polarized readership actually doing the posting.

Tyk

Rawnoc endorses OTCQX listing for JBII

Nah, the criteria for the OTCQX premier is light years ahead of the OTCBB. 99%+ of the OTCBB does not qualify for the OTCQX premier and would be rejected upon trying.

You can argue that there is a perception that the OTCQX premier is a step down, but you cannot say that it IS a step down. Perception? Among the ignorant (myself included at one point). Reality? It's a step up. There's subpenny shells with no assets on the OTCBB. OTCQX premier has all of the quantative requirements of major national exchanges. It's certainly a step up regardless of the perception. And JBII obviously qualifies for the OTCBB as well for a dual listing and will have that LOWER listing in addition with a form 211 filed by an MM.

OTCQX and OTCQB are distinct from Pink Sheets, according to the owners of Pink Sheets themselves. To be on the Pink Sheets, there are no listing requirements. To be on the OTCQB and OTCQX, there are listing requirements and therefore they are not considered part of the Pink Sheets.

JBII trades on the OTCQB and was approved for the OTCQX premier. Neither of these are part of the Pink Sheets, which is entirely separate. A company called OTC Pink Market owns them all, but they also own a vending machine at their company headquarters as they sell all kinds of products in ADDITION to the services of the Pink Sheets. JBII is not part of the Pink Sheets.

Still confused? Call 212-896-4400 yourself and ask them to explain it to you. Ask them if any stock trading on the OTCQX is a Pink Sheet stock. They will tell you NO they are not. Period.

The only question though is if they'll be qualifying for the AMEX or NASDAQ and uplisting to that first making the dual listing on the lower OTCBB irrelevant.

Raw

"Steady_T" objects to negative post & says JBII is about to turn potential into actuality.

quote-----------------
They are one missed quarterly filing away from being 'PinkSheets - Limited Information' (Yield sign). That is a tier below 'PinkSheets - Current Information'.
--------------------------

Isn't that true of all companies listed on OTCmarkets?

In fact, being one missed quarterly filing is what got JBII off of the OTCBB, but then it would have gotten any company off of the NAZ or the NYSE also.

Being delisted from the OTCBB was not a desirable outcome. Moving up to the QX will be a positive step. Being back in compliance is the bigger issue. And that JBII has done.

Air permit in 2 to 7 weeks. That will lead to product sales shortly thereafter, which will address the concerns of many less optimistic posters.

Second Qtr Q is due out soon, seeing that get filed on time will increase confidence in having the accounting issues behind JBII. There is nor real reason to expect any real increase in revenues in the 2nd qtr, so the Q is going to be mostly about burn rates I think.

Seems to me that JBII is about to turn potential into actuality.

I'm ready for that.

"Zardiw" educates naysayers about "PinkSheets" and OTCBB

That can't be true. We've never been wrong. One time we THOUGHT we were wrong, but it turned out we were mistaken......The old 'pinksheets' is long dead. Ever since they started the tier levels, that whole landscape has changed. Even the name is different.

In the days when Dinosaurs ruled the earth, there was the OTCBB....then came PinkSheets. At that time PinkSheets contained the dregs that were unable to live on the OTCBB.

But like the Tin Man, they had something that OTCBB didn't.....a quotation/trading system. So a lot of companies on the OTCBB decided to 'dually list' with Pinksheets, and Pinksheets said it was Good.

Then PinkSheets started to get some respectability. While the dregs still lived there, now there were actual good companies there. Even some reporting companies that for one reason or another couldn't, or wouldn't list on the OTCBB.

And Pinksheets grew, and it was GOOD.

Then OTCBB started to get sick, cause they got a bad flu.

And Pinksheets decided they didn't like the bad rap they had, and changed their name to PinkOTCMarkets......and I'm tired of writing this, so I'll just say that OTCBB is gonna die, and then the only thing left for 'over the counter' companies is gonna be PinkOTCMarkets...........z


Well, since the 'stigma' of pinksheets is no more, and JBII IS fully reporting and compliant, AND they're at the #2 Tier level, and will soon be at the #1 Tier level....What I'm saying is that all that is a GOOD THING.

As far as the OTCBB is concerned, right NOW, JBII is fully OTCBB compliant.....the only reason they're not listed there is cause they were too late to file the 10Q (which has been filed!) and some stupid requirements for 211 and crap....They're exactly the same as the ones that are on the OTCBB now.....RIGHT?.........z

"Steady_T" corrects poster's erroneous comment

quote-----
if there are royalties, it should be in a filing, that is what public Cos does, disclose this kind of stuff!!!!....
------------

Probably not as a detail line. Remember that Pak-It is a subsidiary of JBII. That level of detail gets rolled up into the aggregate numbers that are posted for the sub in the filings of JBII.

stocker11 debates skeptic & predicts JBII PPS will skyrocket

That is exactly the case. If you have never met JB you wouldn't know his character and his desire to:
1) make the world a better place to live in;
2) do things outside the box i.e. let the little guy get ahead for once.

Skeptic's quote:
"Wow, so you mean that instead of staying private and trying to get P2O off the ground by himself, JB was kind enough to let the little guy in on it by going public? Maybe Nice should be added in front of Honest John."

Hmm, Nice Honest John - has a certain ring to it...I read those posts and wouldn't exactly call either of them a ringing endorsement of the company. If that's the best you can find to show you have in any way been positive then you must have been truly negative.

You keep talking about missed time lines - please, please stop. You know full well why the time lines have not been met and it has nothing to do with JBII.

When you find out what JBII has been up against you will soon realize that they are indeed an extrodinary company and everything they have done has been in the best interest of the investor - you, me the little guys.

He could have done this so much simpler but he had a dream to let the little guy profit for once. Again you (if you chose) and me.

Before you judge, you should know all the facts - if you do not know all the facts you shouldn't judge.

Patience is needed right now

That is about to come true. I know that is hard for someone like you to understand but that is true - you can bookmark this message and diary date it for 1 year from now. You will either rub it in my face or congratulate me.

Stack test eminent. Media to follow. PPS to skyrocket.

"Estimated Profit" predicts significant appreciation for JBII

In my honest opinion, in the next 60 days (better said would be 60 days from now or the bottom yet to be set, if it hasn't already bottomed), JBI will hit $3.00:

From .80, that’s a 275% gain

From .65, it’s a 361% gain

From .50, it’s a 500% gain

Nice that it could nearly double from nearly a double from todays prices.

From there, it will most likely be a very strong battle again between the bulls and the bears somewhere between $2.50-$4.50. New arguments will take root for each case. It takes time for news to travel through the proper channels, and for funds to move into action. Supply will most likely be plentiful in these areas from:

1) Those who take the opportunity in the near term.
2) Those who swore they would take some or all their profit if it got back to this area
3) Thomas Kidd’s potential 2.5 million shares (if not already sold or some derivative trade on the shares have been made for some or all of the position. Its possible litigation will have this supply locked up for a longer time, but could well be wishful thinking on litigation or already traded against)
4) .80 PIPE shares

Nearly impossible to estimate how long it will take in this new area, but once things come together, this supply will be eaten through, and the ascension towards double digits should ensue. I believe JBI will reach $20 once they prove the processor can:

1) Produce 100+ barrels of fuel a day, at a cost near or under $15
2) The processor cost around $200k to build
3) Can process 20 tons or more of feedstock per day
4) Seem durable enough to run 6 of every 7 days
5) The processor can be easily replicated, built, and installed

Timelines are always incredibly tricky to predict. I believe all 5 variables above could be proved by as early as December 2010, and conservatively by April 2011.

If from there it is shown that one or more municipal waste entities, large waste management organizations, or large energy corporations wants to expedite the implementation of JBI’s P2O process, the stock has the potential to reach $50, even $100+ in the coming years.

The reason I am incredibly bullish at this exact moment on JBI is pretty simple. The processor is finally ready to give us the proof of the concept as it is running in a "steady state". JBI has recently said they have enough cash for the rest of the year. So, they have 90% or more of the R&D of the processor completed, plenty of cash, and have a scheduled date to perform the stack test that leads to a permit. JBI is on the verge of commercial production and proof of concept.

Disclaimer: Past predictions have been known to cause nipple stimulation, loss of breath, nausea, vomiting, LOSS OF APPETITE, financial death, and laughing out loud while falling apart.

There is a reason that the stock is sitting this low. JBI has hyped up and over promised and under delivered on a number of items. Investors have been led to believe that commercial production was imminent on a number of occasions. Original timelines are off by a year. Many strongly talked about and PR'd events still show little or no progress. This is the point in time where the vast majority of stocks get buried under the pressure of shares used to raise funds. It is my strong belief that the problems are now in the past, and are 95-99% done hindering the company’s ability to execute. I adamantly believe that a much stronger foundation has been poured, and the school of hard knocks has made JBI wiser. Execution of the P2O business division finally seems within reach.

"Zardiw" opines on JBII progress

I'm sure any number of people here could do a way better job than the current CEO of JBII right?. Everyone seems to have the right answer huh? But the problem is that we're all guessing in the dark. We have no idea what these decisions are based on. And it's SO EASY to Monday Morning QB isn't it. Woulda, shoulda, coulda.......

Bottom Line is that John makes the best decisions he can. And he's not in control of any number of factors that have an effect on these decisions and their eventual outcome.

So all we can do is read between the lines.......some people read one story, and others read another story....but neither one of them is based on actual facts, and so neither one of them is necessarily true.

I'm chosing to read that he believed that Withum could do it in time .......they didn't......and that does NOT mean a bad decision was made.....just that the outcome didn't pan out.....

Bottom line is what does it matter really? The only thing that really matters is the company follow through on their business plan......production, revenues........and that EFFING PERMIT....

Embracing the Pink OTC Market Model:

Some thoughts on JBII regarding being on PinkSheets:

Opinion by Timothy J. Keating
“The OTCBB is now terminally ill; the faster that FINRA pulls the plug better.”
Previously in this column, we had noted that in 2001 there was an average of 306 market makers quoting prices in stocks trading on the FINRA operated Over-the-Counter Bulletin Board (OTCBB). That number had dwindled to 199 at the end of 2008 and 160 at the end of 2009. As of April, the number stood at 135. There are now some 51,127 priced market maker quotes on Pink Quote vs. 9,615 on the OTCBB.

The OTCBB is now terminally ill; the faster that FINRA pulls the plug the better.

Meanwhile, back in the land of free markets, Pink OTC Markets, Inc. (www.otcmarkets.com), the operator of the Pink Sheet quotation system, has been trail blazing a new model. Mind you, this is not your father's Pink Sheets. Much has changed, and Pink OTC Markets is now the standard bearer for over-the-counter trading in the U.S. In fact, there are only 53 issues exclusively quoted on the OTCBB with the vast majority of over-the-counter securities (80%) being quoted on Pink OTC Markets.

The company now operates the leading electronic interdealer quotation and trading system in over 9,000 securities not listed on a U.S. stock exchange. Pink OTC Markets segments these securities into three tiers: the quality controlled OTCQX marketplace, the U.S. registered and reporting OTCQB marketplace, where nearly all reporting issuers are now quoted, and the speculative Pink Sheets marketplace, where non-reporting companies are quoted. These three tiers constitute the third largest liquidity pool for trading public company shares, after the Nasdaq Stock Market and the New York Stock Exchange.

We embrace and support this model for the simple reason that we are unqualified advocates of free markets, including and especially markets for equity securities.

Pink OTC Markets is to be commended for its transparency and rational segmentation of its diverse market place. For example, in the Pink Sheets segment of the company's Web site, comprised of non-reporting companies, there is:

A "Yield" sign to warn investors that limited information is available for 737 securities;
A "Stop" sign to warn that no information is available for an additional 3,514 securities; and
A "Skull and Crossbones" to further identify those 26 securities for which the display of quotes has been discontinued because of a range of questionable or suspicious activities.


Surely in this era of failed regulation and ubiquitous access to information, that is all the information necessary to help investors understand the risk profile of certain categories of publicly traded stocks.

Capital formation can only occur when investors are willing to provide speculative "risk" capital to fund new ideas and businesses. Liquidity is the grease that makes markets work efficiently and which, in the case of public issuers, can lower the cost of capital by as much as 50%.

The "flash" crash of May 6 demonstrated that there can never be enough liquidity in the marketplace. This is especially true for the world of micro-and small-cap stocks, which provide investors with the opportunity to participate in the exciting, albeit risky, world of growth investing.

Pink OTC Markets has demonstrated clearly that its market-based approach to equity trading can and does work and is superior to any scheme crafted by regulators. As two obvious next steps, we need to get the regulators out of the world of equity research and credit ratings so that these markets can also evolve and thrive.

z

"Steady_T" discusses "industry expert's" silly statement

That is quite a silly statement.

quote----------
in any industial process the cost of feedstock is not significant.
-------------------

Since we are talking about petroleum, the cost of crude, otherwise know as feedstock, is more than 50% of the final cost of a gallon of gasoline.

I know you have a high opinion of yourself "i am an industry expert, so I don't need links." but here is a link to the DOE on the breakdown cost for gas. You won't read it because you are an "industry expert" but others might like to see it.

http://www.eia.gov/energyexplained/index.cfm?page=gasoline_factors_affecting_prices

Rawnoc challenges self-anointed expert's foolish claims

Reality from the Department of Energy vs. the big guy's claim:

FALSEHOOD:

"I have been in industry on such projects and i know that it is about 5-10% of the cost if that." ~~thebigguy
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52848400

REALITY:

"The feedstock cost of the oil or grease is the largest single component of biodiesel production costs." ~~The U.S. Energy Information Administration, Department of Energy
http://www.eia.doe.gov/oiaf/analysispaper/biodiesel

======================================

Yes, profitability is a no-brainer. Proof that the trade secret catalyst is going to make JBII and its shareholders rich...

Original machine: http://www.donghechina.com/bg0.asp

40% yield. 5-10% waste.

JBII's modified machine with catalyst: http://tinyurl.com/263dhad

85-90% yield. 1% waste.

JBII's modified machine + catalyst more than DOUBLES than yield, making JBII's P2O massively profitable with little to no expensive of disposing waste. Zero pollution.

====================================

112.5 to 125% the yield or more than double plus 12.5 - 25% more.

Waste of the original machine is 400-900% more than the John Bordynuik and Islechem modified machine + catalyst.

So you see, the notion that John and Islechem aren't doing anything special here is just more fantasy bullshit, kind of like when somebody foolishly concludes that free feedstock means nothing because feedstock is only a small part of biodiesel costs.The US Department of Energy backs me up:

"The Energy Information Administration (EIA) uses a process-costing approach to model the impacts of net feedstock production costs plus capital and operating costs. The feedstock cost of the oil or grease is the largest single component of biodiesel production costs."
http://www.eia.doe.gov/oiaf/analysispaper/biodiesel/

Me:
"Considering pyrolysis oil projects main challenges has been quoted as 85-90% of the cost of doing so being the cost of the feedstock, and JBII's cost of feedstock is zero, it doesn't take much analysis to figure out that when you eliminate the cost of something by 85-90% it's probably going to get a profit, especially when some processes are even profitable before the 85-90% cost is taken out."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52845575


Now I'm trying to figure out what you have experienced that leads you to believe that Rawnoc, the US Department of Energy, and the financial statements of many biodiesel firms are all wrong. Since you self-proclaimed to have experience in the biodiesel field in addition to your petroleum refining, nuclear power, computer software, construction, and children's clothing expertise, I'm curious to get your take.

"I have been in industry on such projects and i know that it is about 5-10% of the cost if that. I can bet where that came from, probably the usual source... and on FB no less."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52848400

It doesn't take a self-anointed expert to know that refining in reality is one of the least costs in the process vs. the feedstock. Surely if a refinery can figure out a way to make a profit I'm sure little old JBII with their $200,000 machines and $0 feedstock can figure out something. :)

righty discusses naysayers' ridiculous "bear crap" posts

"I really don't know.. if they need such a permit or not."

well...I really don't know if anyone really knows, who would know, or if anyone in the know, KNOWS, if a permit is required to build the machine that needs a permit, OR EVEN IF IT IS PERMITTED to build it, before you have a permit.....
YA KNOW?

This debate is about as ridiculous as the debate about shares becoming re-restricted after their restrictions are unrestricted.

PERMIT ME TO ELABORATE

No .....wait, I do believe the debate about fuel registrations being required when the end use buyer's intended use for the produced product is not even in the public domain, and the product is not even being produced en masse or sold yet.... tops all of these useless debates.

But I would not want to give any slack to the debate about p20 ships, and their non appearance on the high seas whilst the actual p20 machine is not even in all out production mode yet.

All of the above might be easier to comprehend, or at least be easier to have useful debates about, if the company would simply waste their time answering questions from all the non shareholders who are asking questions on these subjects, on the auspices that they would like to know before they invest, when we all know that simply cannot be the case, and frankly why would the company bother?

Think about this, literally all of these questions from these debates at one time or another have already been answered by non-shareholders, wielding incorrect and/OR assumed/IRRELEVANT information?

Yup....took 5 minutes today to try and catch up on the last 2 weeks, and I see about a 70/30 mix of fact/bear crap. RESPECTIVELY

"Zardiw" says "Pak-It is a Great Concept."

Pak-It is a Great Concept. Good for Good ol Mother Earth. And ironically it's other great benefit is a REDUCTION in plastic use. Now there's something you don't see every day is it? A company that depends to a large extent on waste plastic, making an effort to reduce their own raw materials.....

Many people are becoming more socially aware and responsible. Making an effort to save the Earth for our children and future generations......and that can only be a Good Thing......

When people see those commercials and become aware of Pak-It, it may be surprizing how well it does....Ecological Commercial Cleaning Power for the home.....And a reduction in plastic waste.....a marriage made in heaven...........z
JUGGERNAUT!!

Rawnoc has high hopes for DropShot infomercial success

Snicker all you want, but infomercials work

5/5/2009 8:15:02 AM
Comments (3)
Associated Press

It's 2 a.m., you can't sleep, and just then you get the offer of a lifetime: A towel that supposedly holds 12 times its weight in liquid.

You doubt it. But maybe curiosity, or the charismatic if not mildly annoying ShamWow pitchman, gets to you. For $19.95 -- plus $7.95 shipping and handling -- you can't help but climb out of the couch, reach for your wallet and dial that toll-free number.

You may hate to admit that such a cheesy ad would get the best of you, but you're not alone -- one out of three Americans has ordered the Snuggie, George Foreman Grill, OxiClean or another iconic item marketed via infomercials.

"People talk about what they've ordered, or their favorite infomercial, like it's their dirty little secret," said Remy Stern, author of the recently published book about the $100 billion industry, "But Wait ... There's More!""It's had such a pop culture impact that infomercial personalities like Tony Robbins and Billy Mays become mini-celebrities."

The ads may seem kitschy, but the tactic works, Stern said.

"It's silly, it's cheesy, but this is a vast industry that is savvy and sophisticated, and they've developed amazing insight into the minds of the consumer," he said. "People want to talk about them, and the next thing you know you've got girls who work at Vogue bonding over the Snuggie."

Stern admits he's bought a number of things that are "as seen on TV," including a
juicemaker.

"If you've gotten so much enjoyment out of watching the commercial and wanna buy something that's $19.95, there's not a lot of harm in that," he said. "It's when you spend $900 on an exercise machine or invest in a get-rich-quick-scheme that it turns into a complete and total disaster."

Infomericals Rise During Recessions

"we're able to buy primetime media at very inexpensive prices....there's certain types of businesses that go up in a bad economy" ~~ABC News

http://www.youtube.com/watch?v=sV62zGV2Vks

"This is the worst economic downturn that we've seen in the 25 years I've been in business, and it's also the biggest increase in business I've seen......we're able to buy that TV time at half the price we were paying last year"

~~Interview with CEO of large As Seen On TV retail company Telebrands

http://www.youtube.com/watch?v=oYXT96sOKo4

Raw

"Steady_T" debates naysayers' negative & misleading opinions about JBII

You over rate your contribution.

Anyone who has looked into the plastic pyrolysis process just a little bit recognizes that there are real challenges to be overcome.

PET plastics are just one of the challenges. The good news about PET plastics is that they are the most likely to be recycled out of the plastics waste stream because they are so valuable.

Anyone who has looked into this and recognizes the challenges would also mention the challenges of dealing with PVC plastics which you seem to have forgotten to mention.

Both of these issues can be handled by controlling the input stream which JBII has said that it will do for the initial processor.

As the Miller High Life commercial says "Handled".

quote------
the permit is relatively inconsequential in the whole scheme of things.
--------------

The permit is a show stopper. No permit, no P2O.

It is indeed a milestone on the road to success.

One of several milestones each of which is an absolute requirement.

Interesting that the discussion has gone from how hard and unlikely obtaining the permit would be, to how inconsequential it is now that the permit issuance is getting close.

Wonder why that is?

quote-----
....since the building has changed hands, the permits would have to be re-applied for.
---------------
That is simply not true. So you think that every time a refinery gets sold, the new owner has to reapply for every permit to operate....... Get real.

Permits transfer with ownership.

Like I said, it has to be done successfully the first time. So far as has been amply posted on this board there is only one or two pyrolysis companies operating at this time and the question of profitability has yet to be answered for those few.

Bigger isn't better if you out grow your input resources.

quote----
and i don't want to be the first one to invest in anything... first ones pay the price.
------------

I suspect that a lot of the larger companies that might be interested in plastic pyrolysis think the same way you do.

quote----
speaking of efficiency. i worked on a refinery job in sarnia, Ontario. I was told that the piping construction had to be accurate to within 2% tolerance for the plant to be profitable. Question: if tolerances are that tight and profitability is that sensitive, how can jB's claims be true?
-------------

Refineries operate on very narrow margins in a highly competitive market place. The technology is very well developed. Very different from the environment JBII will be working in. An apples and oranges comparison.

After the process has been proven profitable larger companies may move into the market space or may try to buy out JBII.

The best proof will come from the PR's that will be issued when the product is sold. Maybe we will have to wait for the revenues to show up in the quarterly reports.

Until then we wait.

quote----
Please show me a post where anyone ever said they don't want to see JBI succeed..
------------

Ok ya got me.....

The posters that repeatedly have posted that "this is a scam, it will go to zero, it's all lies" etc. have not posted the words "I hope this doesn't succeed".

I leap to the conclusion that they didn't want JBII to succeed. Somehow I'm still comfortable with that conclusion.

It is not to the companies benefit to share its potential purchasers information. This may come as a shock to you , but there really are people out there who do not want to see JBII succeed.

That $1 / year salary he's taking is a sure indicator of self enrichment.

Then there is the $180k/ year he will get after the permit is issued. Not the path to major wealth either.

Before you bore me with recitations of past history of which I am familiar, it seems to me that JB has plenty of skin in the game.

JB will make big bucks when the share price goes up .... along with the shareholders.

If you really have to have an issue with JB... it will be in a year or two, after the company gets rolling. Then we will see what he does with his preferred shares and how he exercises that power.

That issue won't be significant for the immediate future. For the present it provides an excellent take over prevention device.

rce9rys clarifies EPA fuel regulations & registration requirements

This is from a friend of mine regarding EPA regs.:

A variety of provisions are included in the rule to help avoid duplication of effort and reduce costs. For example, while the requirements are strict, the rule permits adequate existing test data to be submitted in lieu of conducting new duplicative tests.

Under the grouping system, each fuel or additive is first sorted into one of six broad "fuel families" (see Figure 2). Each fuel family consists of F/FA products which share basic characteristics in regard to their chemical/physical properties and engine/vehicle
applicability. The fuel families are then subdivided into the following three F/FA categories: "baseline," "non-baseline," and "atypical." In the case of the gasoline and diesel fuel families, the baseline categories consist of fuels and associated fuel additives which contain no chemical elements other than carbon, hydrogen, oxygen, nitrogen, and sulfur and conform to certain quantitative limits on oxygen content.

All baseline gasoline F/FAs comprise a single F/FA group, as do all baseline diesel F/FAs.

The final rule defines a small business for this program as any motor vehicle fuel or fuel additive manufacturer with total annual sales of less than $50 million.

In regard to registration of products in the baseline and non-baseline categories, the final rule permits companies with annual sales less than $50 million to submit only the basic registration data. Such companies are not required to meet the Tier 1 and Tier 2 requirements in order to register their baseline and non-baseline F/FAs. Since nearly every registered F/FA manufacturer produces at least one baseline or non-baseline product, the larger companies will still be submitting the data for products in these groups. Thus, this provision should not cause EPA to be without the data needed to evaluate these kinds of products.

That should pretty well take care of any concerns you have about EPA registration.