Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna -- Ignore unavailable to you. Want to Upgrade?

To: scion who wrote (698)	5/23/2010 10:36:11 AM
From: scion	Read Replies (1) \| Respond to of 53574

John Bordynuik TJ: The fact remains that we are on track with our business plan, and aside from changing auditors and delaying the Q. Posted by: lites59 Date: Saturday, May 22, 2010 7:04:51 PM In reply to: None Post # of 43911 John Bordynuik TJ: The fact remains that we are on track with our business plan, and aside from changing auditors and delaying the Q. The success of P2O will determine the value of our company and that is where my focus is. about an hour ago siliconinvestor.com Posted by: rce9rys Date: Saturday, May 22, 2010 1:08:11 PM In reply to: zardiw who wrote msg# 43737 Post # of 43911 Btw John’s commit on the pipe: The PIPE is not toast. That is why we have a big audit firm now. 3 acquisitions in 1 Q in a shell and much growth. Large audit firm is very comprehensive and highly respected and we need this to handle P2O growth without mistakes. It's best now prior to permit. Yesterday at 7:38am Imo, part of the reason for the new pipe is to help pay for a top 20 firm to get all the ducks in line. Also, imo John is saying let’s deal with our growing pains now. we need this to handle P2O growth without mistakes. It's best now prior to permit. siliconinvestor.com

To: scion who wrote (698)	5/23/2010 11:19:16 AM
From: scion	Respond to of 53574

Vindicated....Please read the posts below... Posted by: jjsmith Date: Saturday, May 22, 2010 10:03:44 PM In reply to: Rawnoc who wrote msg# 35661 Post # of 43915 Vindicated....Please read the posts below where i told you people months ago that the media credits and the overvaluation of javaco and pakit were not right. Next stop is big trouble fof JBII. My messages below are the replies to the messages in quotes that were mostly made by the moderators of this board. Now we see who was being truthful all along. Thanks for playing. GAME OVER! Quote: -------------------------------------------------------------------------------- Proper GAAP accounting is to value based on the value of the stock OR the asset value, whichever is easier to determine. If the stock is highly illiquid and can move 20% on $5.000 in volume then using the stock value method is quite inferior. I`ll provide a link and reference later when not on my smart phone. -------------------------------------------------------------------------------- So you are basically saying that having an illiquid stock gives them the right to put arbitrary value on everything they buy with it. Quote: -------------------------------------------------------------------------------- The impact of this pending Islechem report will be far reaching it seems. The investing base should greatly expand as the company proves out its processor or am I missing something? peace -------------------------------------------------------------------------------- Not at all Islechem is not well known and doesn't have a public track record to prove any credibility. Funny how it took them reading message boards to realize they need to use a fortune 500 company. Quote: -------------------------------------------------------------------------------- The media credits are worth exactly their face value based on the actual ad rates that the market determines is their actual ad rates that the media outlets themselves charge. It's "more clearly determinable" in accordance with proper GAAP accounting than a stock that sometimes didn't even trade for days. -------------------------------------------------------------------------------- What ad rates? Media4equity doesn't even have ad rates because all they do is make up an "advertorial" and send it to the media outlets in hopes it gets published. These media credits are not gift certificates and cannot just be redeemed for advertising anywhere. Therefore there is no real face value. This falls under the reasonable man theory which would say would a reasonable man pay $10 million and have no say in where or when or how advertising would be published. Please do your DD on media4equity before making your outrageous claims. The problem here is you can't say since the stock is illiquid, where gonna take anything we buy with it, times it by 10 and say that is the value. Quote: -------------------------------------------------------------------------------- That's hilarious. JBII is the most transparent company I've ever seen. And I've been doing this for 40 or so years...........z -------------------------------------------------------------------------------- Really...Ok please let us all know what the actual revenues on the tape business were for 2009. Please let us know the same for pakit and javaco. So far the tape business which according to public records is a very small business, with very little revenue and huge losses. Yet once merged into JBII, the transparency disappeared and now they say that P2O is funded with tape business profits, yet they will not disclose the tape business revenues or how much they are suppossedly putting into P2O. You call that transparency? And on top of that a few quarters ago, they did post 2 days of revenue on the tape business, which I believe served it's intended purpose which was to make people believe that it profited $20K per day. Look back, several people in here were basing projections of tape business on those 2 days. Guess what though, the following quarters, after it was shown that NASA revenues were very small and that the tape business financials were in the public domain and showed it to be a huge LOSER, now they fail to mention the tape business at all. They are trying to make us believe that it went from losing money every year on tiny revenues, to all of the sudden being a powerhouse that funds P2O. You call that transparency? Quote: -------------------------------------------------------------------------------- How long will it be before you guys realize JBII is gonna be absolutely HUGE, with Billions of dollars revenue converting waste plastic to oil (Currently about 50M Tons of which goes into landfills every year in the US alone)? -------------------------------------------------------------------------------- I have been hearing this for almost a year now. Still not a penny, from P2O. Quote: -------------------------------------------------------------------------------- What's going on? Well....JBII is going to blow the EFF up.....that's what's going on....And it looks like the countdown is currently at 19 days and counting..........z -------------------------------------------------------------------------------- Really, I proved that the tape biz was a loser, pakit and javaco are marginal, and was repeatedly told that the value of JBII is the P2O. So everyone already bought in assuming the genius had a working large scale P2O machine, so why would him showing one working at the AGM mean anything? This is old news. Everyone knows that anyone can make a P2O machine that works, the only thing that matters is can you make money with it? I say no way. Quote: -------------------------------------------------------------------------------- Not sure that anyone else has noticed the error in this information buuuuutttttttttt COUGH!!!! "I see John is now saying the will hire a fortune 500 company to validate P2O. Has anyone found any companies that Islechem has done business with? " hrrrmmmmmmm..see below "JBII is talking with (United Research Services ( URS: www.urscorp.com/ ), a Fortune 500 company, to further validate the Plastic to Oil concept. " why on earth islechem was profiled inadvertantly, escapes me totally. look up...looook waaaaay up! Heaven forbid URS steps into the picture? golly gee whiz uh? -------------------------------------------------------------------------------- Read my message again. I know they discussed hiring URS. I am the one that brought to JBII's attention that IsleChem is not well known enough and they needed to get a fortune 500 company in there. They don't need to validate anything if it works, just run the maching and make money. Quote: -------------------------------------------------------------------------------- These guys are really digging now. Last time I checked April/May WAS early 2010. What part of April 24th was confusing to you? That's been the date set for a working P20 machine for a while now. -------------------------------------------------------------------------------- Do your DD. Was suppossed to be last July, then Novemeber, then almost done in december. They are playing along with what is written on the message boards. The demo at the AGM idea came from speculation on the message boards long before it came from JBII. It's funny watching a company be ran from message boards. Most of what ends up happening was brought to their attention from the message boards. How about the P2O ship? It started out as a joke on the message boards! Quote: -------------------------------------------------------------------------------- Islechem is stae-certified so it`s false that "nobody" heard of them. Validation is required for mass franchise rollout. We`ll "throw in the towel" once we no longer feel doing so would be a brain dead move. :) -------------------------------------------------------------------------------- Islechem just has permits from the state, no big deal. The only way to validate any franchise model is to "MAKE MONEY" period. The only purpose i see for "validating" P2O is to use it to get people to buy into P2O without having a working machine that makes money that way the JV buyers will be holding the bag when it doesn't make any money. Quote: -------------------------------------------------------------------------------- Under your theory I must be living in a giant sandbox surrounded by construction equipment....everybody knows google earth is NOT up to date. -------------------------------------------------------------------------------- Well according to the tape business filings, they have been using that address since at least 2007. I don't believe Google had the street views in 2007. So would you like to try again? Quote: -------------------------------------------------------------------------------- JOHN BORDYNUIK, INC Form Type: 10SB12G Filing Date: 10/22/2007 CIK: 0001415602 Address: 4536 PORTAGE ROAD City, State, Zip: NIAGARA FALLS,, L2E 6A8 Telephone: 905-354-7222 Fiscal Year: 09/30 -------------------------------------------------------------------------------- Quote: -------------------------------------------------------------------------------- JBII closed green today?....pretty good huh? What? No price collapse? How can that be? Is the street seeing something you aren't?....stay tuned -------------------------------------------------------------------------------- siliconinvestor.com