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

To: MorningLightMountain who wrote (2802)	11/3/2010 6:35:48 PM
From: SteveF	Read Replies (2) \| Respond to of 53574

The TA also believes the AS is 70 mil when the company increased it to 150 mil a year ago. The purpose of this Information Statement is to inform the holders of record, as of the close of business on November 6, 2009 (the “Record Date”), of shares of the common stock with voting power of JBI, Inc., a Nevada corporation (the “Company”), that our Board of Directors and a majority shareholder of approximately 52% of our common stock with voting power as of the Record Date have giving written consent as of November 6, 2009, to approve the following: To amend the Company’s Articles of Incorporation to increase the number of authorized shares of common stock we may issue from 70,000,000 to 150,000,000 (the “Share Increase”) These actions were approved on November 6, 2009, by our Board of Directors and a shareholder who holds a majority of our issued and outstanding voting securities. We anticipate an effective date of December 7, 2009, or as soon thereafter as practicable in accordance applicable law, including the Nevada General Corporation Law (“NGCL”). sec.gov