As Web's World Turns

[riverbabe]

Punk

Sorry guys. Didn't have the heart to go thru with telling about the latest "hot" pump&dump penny. But, read the 10Q for big giggles.

http://biz.yahoo.com/e/110815/punk.pk10-q.html

[Websman]

Ok folks...I'm back into JBII again and will be trying to add more shares to my position over the next few days. Regardless of the legal issues, JBII is about to make another run, in my opinon of course. The latest news about the Rock-tenn partnership certainly took me by surprise, however it had little effect on the share price, probably because of investor concerns over the possible SEC action. Although SEC action is never a good thing, this deal with Rock-Tenn is very significant and adds a lot of credibilty to the whole plastic2oil concept. It obviously works or Rock-Tenn would have never signed a deal with JBII. My profits have been huge and will be even huger soon.

Here's a link to the news....

http://finance.yahoo.com/news/JBI-Inc-Announces-a-TenYear-prnews-269743924.html?x=0&.v=1

[Websman]

Some time look into how many different accounting firms they have had since they opened for business. Like changing their socks every day. All this has been posted before. A quick Google search should pull it all up. Gotta hand it to Webs though for making big bucks on this POS.

There's a lot of money to be made from POS's.

[riverbabe]

Thank You for the warnings ......RIVERBABE said she NEVER trusted JBII or JOHN B and Billie said he would not buy anymore. I tell ya it must be women's intuition but River nailed this one , and perhaps you saved us from getting an extra nail in our coffins LOL.

Some time look into how many different accounting firms they have had since they opened for business. Like changing their socks every day. All this has been posted before. A quick Google search should pull it all up. Gotta hand it to Webs though for making big bucks on this POS.

[Websman]

Thank You for the warnings ......RIVERBABE said she NEVER trusted JBII or JOHN B and Billie said he would not buy anymore. I tell ya it must be women's intuition but River nailed this one , and perhaps you saved us from getting an extra nail in our coffins LOL.

This is NOT the time to buy JBII...Not saying it will, but big enough trouble from the SEC could send the stock into subpennys. I can't complain though, my portfolio has doubled this year thanks mostly to my JBII trade.

[Peter Hansen]

Webbs

Agreed....And it looks like it might get even worse. check this out:
http://finance.yahoo.com/news/Law-Offices-of-Howard-G-Smith-bw-132196845.html?x=0&.v=1

And this post from Ihub is interesting...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65484154

"I don't think you guys are getting this. This is not a trivial matter. It is a real threat to this company. Right off the bat in 2009, I knew this would happen. They were presenting to investors that they had a $10,000,000 asset (media credits) It was BS for anyone that had an oz of brains. But it was in an investor presentation. That is serious.
Their equity issuance was slip shod as well. PIPEs are for accredited investors only. When I went to Niagara Falls to give them my check for my PIPE, I was appalled at what I saw. Anyone with a pulse was able to buy the PIPE. That is not kosher."

Thank You for the warnings ......RIVERBABE said she NEVER trusted JBII or JOHN B and Billie said he would not buy anymore. I tell ya it must be women's intuition but River nailed this one , and perhaps you saved us from getting an extra nail in our coffins LOL.

[Websman]

Webbs good play was thinking of getting back in based on the chart , BUT any investigations are ALWAYS bad for the stock

Agreed....And it looks like it might get even worse. check this out:
http://finance.yahoo.com/news/Law-Offices-of-Howard-G-Smith-bw-132196845.html?x=0&.v=1

And this post from Ihub is interesting...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65484154

"I don't think you guys are getting this. This is not a trivial matter. It is a real threat to this company. Right off the bat in 2009, I knew this would happen. They were presenting to investors that they had a $10,000,000 asset (media credits) It was BS for anyone that had an oz of brains. But it was in an investor presentation. That is serious.
Their equity issuance was slip shod as well. PIPEs are for accredited investors only. When I went to Niagara Falls to give them my check for my PIPE, I was appalled at what I saw. Anyone with a pulse was able to buy the PIPE. That is not kosher."

[Peter Hansen]

Webbs good play

Rut Roh....JBII received a Wells notice from the SEC.

http://biz.yahoo.com/e/110721/jbii.pk8-k.html

This left me no choice but to lock in profits on today's bounce. It's not what I was aiming for, but I did lock in a 175% gain. I still believe JBI's P2O can be huge, but I would like to see these legal issues worked out before I buy back in.

Webbs good play was thinking of getting back in based on the chart , BUT any investigations are ALWAYS bad for the stock

[Websman]

Rut Roh....JBII received a Wells notice from the SEC.

http://biz.yahoo.com/e/110721/jbii.pk8-k.html

This left me no choice but to lock in profits on today's bounce. It's not what I was aiming for, but I did lock in a 175% gain. I still believe JBI's P2O can be huge, but I would like to see these legal issues worked out before I buy back in.

[Websman]

Looking for another good week in JBII...Just a little more upward movement and I'll be sitting on six figure gains.

[Websman]

Actually, I wouldn't touch that stuff personally (or any penny stock). I would lose all my money. My brother was talking about that crap the other day as his friend was lauding it. As for what you guys are saying, I figured as much the moment he said the word "penny" to me but he doesn't really listen to anything that I have to say and insisted that I should consider investing in it. Since, I'm not convincing enough to tell him otherwise, I told him that I would ask you guys personally. He's reading this so now he knows. This is pretty much how the pump works behind these things and clearly it works very well with people that aren't familiar with it.

Thanks guys!

I specialize in trading penny stocks, and make a lot of money doing it, but the fact remains that 90% of traders lose money trading penny stocks. Pump and dump promos are very risky.

Exactly. Well put Billy.

Actually, I wouldn't touch that stuff personally (or any penny stock). I would lose all my money. My brother was talking about that crap the other day as his friend was lauding it. As for what you guys are saying, I figured as much the moment he said the word "penny" to me but he doesn't really listen to anything that I have to say and insisted that I should consider investing in it. Since, I'm not convincing enough to tell him otherwise, I told him that I would ask you guys personally. He's reading this so now he knows. This is pretty much how the pump works behind these things and clearly it works very well with people that aren't familiar with it.

Thanks guys!

[Websman]

JBII Has been granted by NY STATE permits for 3 Plastic To Oil Machines........Each machine turns out 109 Barrels of Oil per day ......so what does it mean? ........obviously MORE $$$$ for JBII!
Here is the Link.

http://www.globenewswire.com/newsroo....html?d=224676

This news adds a lot more credibility to JBII. This is quickly evolving from your typical penny stock pump and dump to major player.

[Peter Hansen]

Jbii good news

JBII Has been granted by NY STATE permits for 3 Plastic To Oil Machines........Each machine turns out 109 Barrels of Oil per day ......so what does it mean? ........obviously MORE $$$$ for JBII!
Here is the Link.

http://www.globenewswire.com/newsroom/news.html?d=224676

[Websman]

Eric,
At best you'd have maybe a 20% chance of making any money and you'd have to get out real fast if you did get a gain.

-----------billy

Exactly. Well put Billy.