Glad to see it going well for you Webs...
I hope that oil muck misses Destin, although the opposite is probably inevitable.
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Here's an update from Estimated Prophet on Ihub...Looks very encouraging to me.
What a weekend! So many things to cover. It was great to meet everyone. Getting to meet John, Lynn, the BOD, most of the JBI staff, and some of John's family made it an extra special event. I think it says a lot that John's family is invested, and how enthusuastic and supportive they are of him. John was very gracious with his time, and his passion for his company was incredibly infectious. This is the fourth OTC AGM I have attended. This AGM blew them all out of the water. The number of people attending was overwhelming. The look and feel was extremely professional. Hats off to everyone who organized it. A job very well done. I can't wait for everyone to see John's presentation. The transformation from Blest test machine, to what IsleChem did with it(John said choosing them was the greatest decision the company has made to date), to the machine I just saw is simply amazing. Somerset is the refinery that said they would buy their fuel for $3 - WTI. Many refineries are now saying they would pay $2 over WTI. Its a last resort as they plan to go direct to market with it. The fuel is extremely marketable. No water, no sediment, great viscosity, it's beautiful amber fuel. We saw the lab reports, from Petro something(Chemical maybe). A HD filming crew was there at the tour. I asked if they have footage of fuel coming out, and they said they did. Said they hav a lot of great footage. If I read the filming crew correctly,they will be new investors, if not already. Their faces were priceless when I was talking to them. John wants to stuff the facility with processors. They are running on temporary permits, and are in bed with the right people. An 8 hour stack test by the DEC will be performed soon to obtain the "simple air permit". They clearly aren't worried as it needs no scrubbers and is currently running now. John said the DEC typically has one guy come out, but they want bleachers because they are so excited. The automation that John has implemented on the processor is stunning. 59 sensors currently automate and give up to the second data on all parts of the processor to anywhere in the world. John is clearly in his element, and loving every second of the work he is doing on the automation. John said he plans to PR the run tickets from the processor as soon as they receive the production permit to give everyone a look at the numbers. URS was engaged two weeks ago to give a full audit as well. The screen with up to the second data was really cool. There was a bit of an odor, and it was quite noisy. There were two oil trucks parked outside the facility where the fuel is pumped out to. The processor chamber can be reversed to remove the small amount of waste quickly and efficiently. Permits for New York should expedite the Florida permits.
That's about all I can remember, at this point. We have all found the investment of a lifetime. John has built an incredible shareholder base with friends, family, childhood neighbors, and strong word of mouth. Now, it's time to get all you can before Wall Street and the world to catch up. If anyone walked away with doubts I would be amazed.
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SKI Dont Fret Over BILLY
Ski if WEBS unloads his position in JBII.........RUN For the HILLS as a major drop in the JBII stock price would follow. I would like to see John B's machine fired up and running to see if any "Black Gold" will come out. It still may go .who knows ..but I would be reluctant to reinvest right now!Originally posted by skiracer View PostLeave a comment:
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Permits To Run Machine?
Apparently , according to YAHOO Posts the Plastic To Oil Machine was not run because of NO PERMITS .........can anyone shed light on this? Ya think John B could have taken care of all that BS before the presentation!Leave a comment:
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According to John Bordynuik over 400 attended the JBII shareholders meeting and 260 are touring the P2O factory today. Should be some interesting reviews by day's end.
-----------billyLeave a comment:
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Personally, I don't think the meeting will have much of an effect on the share price, even if it's good. I had previously thought that news might drive the share price, but now I think that actual proof of revenue is what will get the share price going. We already had validation that the process works, and that didn't have much of an effect. I don't even think an uplisting would do much right now. Investors are being skeptical and want to see the money. I believe we will see that beginning to happen in the next quarter.Originally posted by billyjoe View Post
My opinion is that P2O will be very lucrative, especially considering the fact that oil can be processed out of raw, unwashed plastic. this is the plastic that cannot be recycled. The process has been validated...Now we need to see the P2O rolling out across the country. I can't say how big it might be, but I do like the potential.Leave a comment:
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Webs and others,
Assuming the JBII shareholders meeting is a successful showcase for the P2O (plastic to oil) conversion unit, what short term effect will it have on JBII's stock price ? Will this be the start of a massive climb for a new recycling giant, or just another forum for the green revolution that will be big in another 5-25 years?
-------------billyLeave a comment:
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