From 11-16-2009, the day JBII originally filed the 2009 Q3 10Q:
siliconinvestor.com
Zardiw Member Level Grandfathered Member Share Monday, November 16, 2009 9:40:04 AM
Re: techisbest post# 11614 Post # of 77360
You know you're a JBII shareholder, when:
The picture of John Bordynuik is hanging above the Pope's on your living room wall.......z
siliconinvestor.com
Estimated_Prophet Share Monday, November 16, 2009 12:22:46 PM
Re: GWMAN post# 11646 Post # of 77360
The 10Q will be out after the bell.
siliconinvestor.com
Estimated_Prophet Share Monday, November 16, 2009 12:42:58 PM
Re: BeerIsGood post# 11649 Post # of 77360
I asked, and was told Monday for the 10Q.
siliconinvestor.com
BRIG_88 Member Level Share Monday, November 16, 2009 5:49:21 PM
Re: None Post # of 77360
For the three months ended September 30, 2009, we generated $3,819,656 revenues, and incurred a net loss of $46,790 compared with revenues of $3,699,759 and a net loss of $24,806 for the three months ended September 30, 2008. For the nine months ended September 30, 2009, we generated $10,132,399 revenues, and incurred a net profit of $149,701 for the nine months ended September 30, 2009.
Looks like they spent everything they had on acquisitions....which is what i wanted to see....they had some good revenue...they bought Javeco and Pak-It and the Tape business.
siliconinvestor.com
BRIG_88 Member Level Share Monday, November 16, 2009 5:50:21 PM
Re: BRIG_88 post# 11661 Post # of 77360
What were the estimates by posters going into this 10Q? Like 1 million i think? That number got blown away.
siliconinvestor.com
STREETKID Share Monday, November 16, 2009 7:01:30 PM
Re: STREETKID post# 11663 Post # of 77360
So Javaco brings 500k a month in revs...
The Tape biz brings 3.25 mil a q....
So tape 13 mill a year plus snagging new clients..
Javaco 6 mill a year....
Pakit isnt added in yet...
P20 isnt added in yet.
How much profit to we make if we arent investing lots of money into these businesses?
What are we estimating a full year of pakits revs to be?
8 mill?
And then P20 who knows yet.
so we are looking at a PROFITABLE, 27 million a year rev company with just the tapes, javaco, and pakit.
BEFORE P20!!!
Is everyone getting this?
Streetkid
siliconinvestor.com
Rawnoc Member Profile Rawnoc Member Level Share Monday, November 16, 2009 7:17:30 PM
Re: STREETKID post# 11667 Post # of 77360
JBII closed at 1.13 today. I like that close better than 1.10 :)
siliconinvestor.com
The Rainmaker Member Level Share Monday, November 16, 2009 7:14:08 PM
Re: The Rainmaker post# 11668 Post # of 77360
Loans Payable $7,192,562
TOTAL LIABILITIES $8,515,343
Lot's of debt
siliconinvestor.com
BRIG_88 Member Level Share Monday, November 16, 2009 8:14:36 PM
Re: The Rainmaker post# 11670 Post # of 77360
Nope...that will be paid off with the pipe money...that was financed with existing shares....nice try
siliconinvestor.com
The Rainmaker Member Level Share Monday, November 16, 2009 9:03:13 PM
Re: STREETKID post# 11698 Post # of 77360
Still haven't shown they can scale it up from the size 10 to size 20 machine. Need the 20 to commercialize. Said they were slowly putting it together, not proven to work yet because it's not even built yet. You don't have any feedstock deals for the waste plastic. Without that you got bupkus. Ask anyone about biofuels, feedstock supplies at reasonable prices is the make it or break-it part of the equation.
siliconinvestor.com
carguy Member Profile carguy Share Monday, November 16, 2009 9:13:24 PM
Re: A deleted message Post # of 77360
From FB....good sumation
John Bordynuik Well, we got our quarter out on time. 3 acquisitions in 3 months. Bases loaded - heavy hitter Plastic2Oil at bat!
"He. Could. Go. All. The. Wayyyyyyyyy."
cg
siliconinvestor.com
Estimated_Prophet Share Monday, November 16, 2009 9:23:33 PM
Re: The Rainmaker post# 11721 Post # of 77360
I don't like it, but a necessary problem to take on for such a huge prize. I trust the CEO, and trust we'll find out more on these issues in the conference call.
P2O should have revenues in 2010 Q1.
That's all that matters. We sink or swim on the validity of P2O. It's in third party validation now. If third party verifies the production numbers we have been led to believe, then JBII probably heads towards $2+
siliconinvestor.com
BRIG_88 Member Profile BRIG_88 Member Level Share Monday, November 16, 2009 9:56:47 PM
Re: Rawnoc post# 11713 Post # of 77360
Easy....tic toc the P2O is coming
siliconinvestor.com
BeerIsGood Member Profile BeerIsGood Member Level Share Tuesday, November 17, 2009 12:05:06 AM
Re: Estimated_Prophet post# 11724 Post # of 77360
"It's in third party validation now." When was this info released? These results from the 10 metric ton P2O? I thought they were still assemblinig it?
siliconinvestor.com
Estimated_Prophet Member Profile Estimated_Prophet Share Tuesday, November 17, 2009 12:07:26 AM
Re: BeerIsGood post# 11752 Post # of 77360
BeerIsGood, it was in the email to me from John.
siliconinvestor.com
"AS now: we have 59M issued and outstanding and it will be close to 68M when financing is done. I am working to convert most of my stock to a control position (preferred). I was advised by our attorney’s that if I wait, a purchase for stock could take several weeks to get an increased AS and with the big P2O going online and in 3rd party validation, there is no way I want us to sit on our thumbs."
siliconinvestor.com
Wess Share Tuesday, November 17, 2009 5:42:12 AM
Re: loss-pro post# 11773 Post # of 77360
Several things I do not see addressed:
This company, in aggragate is what, 2 months old at most?
Debt was assumed on acquisition and is included in 10Q.
Debt is being paind off through PIPE.
Pak-IT is currently commerial use only, but JB is repackaging for home/retail.
JB is cutting info-mercials to promtoe PAK-IT, along with supporting print and air ads.
Distributor for PAK-IT now in Manchester England.
JAVACO in Mexico, PAK-IT in Philadelphia and JBII in Canada are all working together to promote all aspects of the company.
25 P2O placements lined up and waiting.
None of this, I believe, is factored into future profiability based upon current 10Q financials.
Add to that increased revenue from Tape reading, possible future aquisitions (if it increases value - per JB), Possible additions through Data Mining, and profitabilty over past 9 months. Yes, last quater was ($46,000), but for 9 month period it was $149,701, if I read correctly.
SO how can you possible say the company has no value because it, as a start up company, had a small debt last quarter??
siliconinvestor.com
GWMAN Member Level Share Tuesday, November 17, 2009 7:33:23 AM
Re: BRIG_88 post# 11660 Post # of 77360
In the 125-150 posts since the 10Q was posted, I am somewhat surprised there was no mention of this single sentence from the 10Q:
"John Bordynuik is actively working with ship engineers to develop an optimized high-volume P2O processor to be installed in oil tankers."
I thought we were getting a tanker to cart around our P2O processor and to delivery processors and other company products to the Carribean and South America. However, the plan to install our P2O processor in oil tankerS opens up a whole new and interesting world to ponder.
siliconinvestor.com
BRIG_88 Member Profile BRIG_88 Member Level Share Tuesday, November 17, 2009 7:40:53 AM
Re: GWMAN post# 11781 Post # of 77360
How about that. This means once mounted on a tanker the machine can be sailed to sources of plastics to be recycled.
siliconinvestor.com
gym gravity Member Level Share Tuesday, November 17, 2009 8:10:05 AM
Re: GWMAN post# 11781 Post # of 77360
Has anyone seen the trailer for Pirate Radio?
mixx.com
I called JB on nov 10 to ask him about the PIPE and details on getting a franchise. Just before I called, I read the list of questions that Z is compiling for the confrerence call. The last two questions are "what is the tanker for" and "are you going to the garbage patch".
I asked about the tanker and if it would have P2O processors or if it would be just for hualing... both he said, any costal place where plastic can be picked up they can pick up P2O product and plastic too, and do the reaction while transporting to the next port.
siliconinvestor.com
Zardiw Member Profile Zardiw Member Level Grandfathered Member Share Tuesday, November 17, 2009 9:26:59 AM
Re: gym gravity post# 11791 Post # of 77360
WOW. And most major metropolitan areas are close to sea ports...z
siliconinvestor.com
BRIG_88 Member Level Share Wednesday, November 18, 2009 7:52:01 AM
Re: None Post # of 77361
I got an e-mail back from John Bordynuik in reply to my question about the status of the new machine. I asked what was the status and how was it being handled.
Hello XXXX,
It's important to understand that we are not reinventing the wheel. The
big processor works. Period. By adding the catalyst to the system we
have changed the dynamics of the processor significantly. Without a
proper effective catalyst any plastic 2 oil system is inefficient,
useless, and garbage. They have appeared over and over for the past 20
years looking for capital, then disappear. This is a viable process that
is already a done deal. The fuel derived from the catalyst is already
ASTM certified so we are not going through a "does it work?" test. We
are going through a "I want this to run everywhere" testing and
documentation.
Our large processor is in third party validation and testing. so I am
referring of all the possible documentation, analytics and safety
information required to run these processors in volume in multiple
states and countries with the least permit delays possible. The more
data the better.
We retained a state-certified chemical analysis company that is
providing engineering analytics and results for chemical, mechanical and
environmental data. They are doing extensive analysis,material balances
with all the variables present in many plastics, feedstock and output
analysis, safety systems and permitting. This data and documentation
will allow us to deploy these processors quickly.
It's important we do this right. I am constantly faced with the
decision to make it run for a month, week, day, 10T, 100 barrels, 1000
barrels (what is the magic number?) continuous and then report and
produce run ticket to prove it's the real thing, then go through the
proper documentation process, tear down, rebuild, then roll out . It
would delay us as I don't have a second one while the first is torn
apart for all the analysis and poss. changes required to maximize
deployment.
Regards,
John Bordynuik
CEO
JBI
siliconinvestor.com
Jagman Share Wednesday, November 18, 2009 1:37:44 PM
Re: BRIG_88 post# 11846 Post # of 77361
Wow...the permitting isn't done yet????
"They are doing extensive analysis,material balances
with all the variables present in many plastics, feedstock and output analysis, safety systems and permitting."
siliconinvestor.com
GWMAN Member Profile GWMAN Member Level Share Wednesday, November 18, 2009 1:51:31 PM
Re: Jagman post# 11880 Post # of 77361
Since everyone knew we were putting together the first full-scale commercial version, everyone should have known permitting could not have been completed yet.
siliconinvestor.com
Jagman Member Profile Jagman Share Wednesday, November 18, 2009 4:20:49 PM
Re: GWMAN post# 11882 Post # of 77361
You mean when refineries, chemical plants, etc. are built the permitting is done later?? I don't think so. Permitting is done first, with the plant subject to final inspection before start-up...even the location has to be approved. It would be silly to spend money building something that requires inspections during construction/installation or EPA permits/studies before operation.
siliconinvestor.com
Rawnoc Member Profile Rawnoc Member Level Share Wednesday, November 18, 2009 4:48:53 PM
Re: Jagman post# 11892 Post # of 77361
.....and the most contradictory statement of the year goes to....
>> Permitting is done first, with the plant subject to final inspection before start-up <<
Final inspection = last stage of permitting. If it were "done" then no final inspection would be needed. :)
In any event, I'm quite certain that John has a better grasp of what he's doing than you have a grasp on knowing what you're talking about.
siliconinvestor.com
grantg2 Member Level Share Wednesday, November 18, 2009 5:08:56 PM
Re: Rawnoc post# 11893 Post # of 77361
well said, Rawnoc!
Better to keep silence... than to remove all doubt!
John Bordynuik thinks circles around most of his critics...
he is NOT the fool that many surely must assume he is from the issues raised!
By involving 3rd party personnel for verification... through assembly and testing... JB eliminates ALL second guessing and has hidden nothing for speculators to allege was not revealed and must be addressed before moving forward!
Permitting ought to follow easily with 3rd party oversight and affidavits stating the testing results on output and emissions verified at every step of the process.
siliconinvestor.com
BRIG_88 Member Level Share Wednesday, November 18, 2009 6:16:56 PM
Re: Rawnoc post# 11893 Post # of 77361
I called John about this permit issue. The permits are part and parcel of the validation process. The permit work being done is so it will pass in all states to the most stringent standards. |
