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

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To: SteveF who wrote (6061)4/5/2011 4:10:18 AM
From: SteveFRead Replies (1) of 53574
 
This is funny I don't care who you are!

Expedite2 S-1:

"Total estimated gross profits are based on 18,000 tapes/month beginning April 2009. The company’s first year profits are impacted by “one time” costs such as the cost to take the company public and the costs of scaling up including drives, tape conditioners, ovens, and infrastructure."
sec.gov

[Sound familiar?]

JBII Q1 2010 10Q:

"Expenses for subsidiaries Pak-It and Javaco have been higher than expected in connection with restructuring costs associated with the acquisitions. The Company considers these expenses to be one-time charges."
sec.gov

JBII Q2 2010 10Q:

"While the Company has experienced a cumulative operating loss, a significant portion of the expenses incurred this year have related to non-cash items such as the issuance of stock compensation totaling over $3.1 million. Additionally, the Company has made significant one-time purchases of property and equipment relating to the development of its Plastic2Oil technology and its fuel blending site. Total capital purchases made in 2010 exceed $1.4 million."
sec.gov

JBII Q3 2010 10Q:

"While the Company has experienced a cumulative operating loss, a significant portion of the expenses incurred this year have related to non-cash items such as the issuance of stock compensation totaling over $3.3 million. Additionally, the Company has made significant one-time purchases of property and equipment relating to its Plastic2Oil technology and its fuel-blending site. Total capital purchases made in 2010 exceed $2.1 million."
sec.gov
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