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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna

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To: scion who wrote (2827)	11/4/2010 12:44:38 PM
From: SteveF	of 53574

"though it is their intent to transfer these contracts during the 2nd quarter of 2010." Yet no mention of that actually happening in the Q2 10Q/A... sec.gov "JBI continues to maintain its data recovery and migration business through the use of its tape drives. It currently has a mobile data container that can be deployed to transfer data onsite for customers with highly sensitive data. It acquired tape drives, servers, and the mobile data container through the acquisition of certain assets from John Bordynuik, Inc. The Company has a large backlog of tapes to be migrated and is seeking strategic partnerships with international companies that will allow the Company to realize tape revenues faster, thereby decreasing the backlog. The data recovery business was not a priority in the first half of 2010 because the Company’s focus was directed toward developing Plastic2Oil, but revenues are anticipated to increase in the third quarter." ...... "Finally, we generate sales through reading high volume legacy data computer tapes for large institutions and corporations. However, this unit has not produced significant revenues through the first half of 2010 due to the allocation of resources to our Plastic2Oil technology development. We do maintain contracts to perform these services and receive revenues on an irregular basis."

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