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To: scion who wrote (6567)	4/21/2011 4:30:43 PM
From: streetscraper	Read Replies (2) \| Respond to of 53574

About all I can say about the trading in JBII today is WOW. In my years of trading, I heard about stock manipulation that goes on in stocks, but play the big boards. So today I set a monitor on JBII and was like SHOCKED of what went on today. If this did not catch the eye of some people today. Then JBII could very well be a big winner. Because I have not witnessed a stock with such a balance of more negative to positive then this one and to have it increasing like it did is BAZAAR to me.

To: scion who wrote (6567)	4/21/2011 8:42:30 PM
From: SteveF	Read Replies (1) \| Respond to of 53574

"There is no employment agreement between Dr. Smith and the Company." That was from the 8K filed when Jacobs was hired. Yesterday's 10K is the first time we've been told Smith was issued those 100,000 shares by the company as a "Share Based Award" (coincidentally on the same day he was appointed COO "with no employment agreement"). They appear in his ownership filings and past JBII financials but we're left to guess how he got them. I always assumed they were $.80 PIPE shares because of the timing. This stock issuance now valued by the company at $555,000 made Smith the highest-paid JBII employee in 2010 by far - on paper. Those 100k shares were worth about $80k on Dec 31 so he theoretically now owes more in 2010 income taxes than the stock is worth. "100,000 shares were issued to Jacob Smith on January 11, 2010. The closing share price on January 11, 2010 was $5.55." sec.gov Here's the 8k when he was appointed COO: On January 11, 2010, the Board of Directors of JBI, Inc., (the “Company”) appointed Dr. Jacob Smith as the Company’s Chief Operating Officer. Dr. Jacob Smith, age 54, Dr. Smith for the previous three years has served as an instructor in Business, Biology, and Healthcare at Davenport University, Livonia, Michigan, conducting courses in Management, Microeconomics, Macroeconomics, Healthcare, Biology, Anatomy, and Physiology. From 2000-2006 he served as a Medical/Surgical Resident. He obtained and managed $8 million of federal funds while prioritizing HIV/AIDS care services and developing a comprehensive strategic long- range plan for Southeastern Michigan HIV/AIDS Council. During this time, he also managed and conducted clinical trial research. Dr. Smith received a Master's Degree from the University Of Chicago and Doctor-Medical from Michigan State University in 2002. He obtained Certificates from Cambridge University in 2006 and the National Institute of Health/FDA in 2007. Business Certificates were received from Oxford University in 2007 and Harvard University in 2009. Dr. Smith then received an MBA from Ashford University in 2009. Family Relationships There is no family relationship between Dr. Smith and any of the Company’s directors or officers. Related Party Transactions There are no related party transactions reportable under Item 5.02 of Form 8-K and Item 404(a) of Regulation S-K. Employment Agreement There is no employment agreement between Dr. Smith and the Company. Item 9.01 Financial Statements and Exhibits. (d) Exhibits 99.1 Press Release SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized Date: January 11, 2010 JBI, INC. By: /s/ John Bordynuik John Bordynuik sec.gov