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

To: techisbest who wrote (27295)	8/11/2012 10:53:46 AM
From: arvitar	Read Replies (1) \| Respond to of 53574

I never lost faith in the technology. Only the "ready for commercial production" claims of the former CEO, now COT. Pyrolysis has been around since before Bordynuik was born, so there is no reason for anyone to not have "faith" in the technology. The issue is whether one has faith in the economics; the claims by the former CEO, that he can turn plastic into fuel for less than $10.00 bbl. If he's lying about that, and he seems to be, then JBI is really nothing more than just another pinky scam.

To: techisbest who wrote (27295)	8/11/2012 11:00:19 AM
From: flptrnkng	Respond to of 53574

*claims of the former* CEO, now COT.** Do you believe the SEC will be mollified by calling him COT instead of CTO? He has a department reporting to him; he's responsible for the only line of business left under the JBII umbrella. He is the highest paid, and has an expense account. He gets option awards. He retains voting control with his shares. He reports to the board. And, he's not an officer of JBI? Do you really think the SEC is buying that?

To: techisbest who wrote (27295)	8/11/2012 12:15:56 PM
From: PaperProphet	Read Replies (1) \| Respond to of 53574

Didn't the former CEO also give you those claims about producing 109 bbls/day of a 'liquor' for less than $10/bbl which could be sold for WIT-$3/bbl?? Do you think that an $80,000 machine (Heck, say it costs $5 million per machine if you want) clearing $1 million per quarter is commercially viable?? Yet after three years Mr. Bordynuik supposedly doesn't know so he had to contract with SAIC to find out...and then won't publish the report? Why do you think Mr. Bordynuik hired SAIC when it should have already been crystal clear to him whether or not the process was commercially viable?? Is Mr. Bordynuik just stupid?? Do you think Mr. Bordynuik might have been lying about his claims at least initially??...those same claims which you still place credence even though you say he lied to your face about being ready for commercial production (he actually said "commences")??

To: techisbest who wrote (27295)	8/11/2012 1:46:14 PM
From: the_big_guy	Respond to of 53574

Tech: I wish you luck. Always do, I tis just that there are lots of great technologies we would all like to believe in. I myself had great faith in an Ontario company that was into solar cells. THey went bankrupt this year. That is why I am so verbose about ROI analysis. I personally don't believe thgere was ever any catalyst. I think the whole thing is a marketing ploy (the validation, lab reports, etc). The samples you have seen are probably fabricated. All this may have been done with the belief somewhere that one day it would come to pass. Unfortunately it likely will not and will forever be a very expensive refurbishment of the family business.

To: techisbest who wrote (27295)

8/12/2012 3:28:17 PM

From: MorningLightMountain

Read Replies (1) | Respond to of 53574

	techisbest			Monday, November 09, 2009 3:25:30 PM
	Re: Knowledge is King post# 10755			Post # of 194248

From JB on FB re AS...

Authorized shares were increased so that we can increase preferred stock so that I can maintain control. I will be returning a great portion of my shares to preferred as I have no interest in selling them. (Our preferred is only 5M shares). We have no convertible debt or anything that would damage our issued share count. At the end of this process, I will always own 51% of this company to control it.

Respond | View Replies (2)

To: techisbest who wrote (27295)	8/13/2012 2:19:11 PM
From: PaperProphet	Read Replies (1) \| Respond to of 53574

"I never lost faith in the technology. Only the "ready for commercial production" claims of the former CEO, now COT. New management. New day. CFP by Q1 2013." Techisbest, I'm going to draw the line in the sand for you since you've made several posts showing you completely trust Mr. Rauber won't screw you over with his statement. Mr. Rauber affirms that JBI will be cash flow positive [from operations] in Q1 2013 which should show up in the Q1 report due in May 2013. Just over nine months from now. You [Techisbest] have faith in Mr. Rauber as an honest man who wouldn't make baseless statements. Your line in the sand is May, 2013. Keep in mind I'm completely ignoring that #2 should be pumping out fuel at 90% gross margins full bore until that time (and should have been in Q2 but mysteriously wasn't) plus it shouldn't take nine months to fix #1. So whatever new shiny object Mr. Bordynuik and Mr. Rauber eventually flash in front of you to make you forget about Mr. Rauber's "CFP by Q1 2013" promise, I'm going to point your nose right back at his statement.