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Author Topic: JBII - JBI Inc. - Plastic to Oil
IWISHIHAD
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Zardiw, have you been paid compensation to promote this stock?
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zardiw
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No.........z

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zardiw
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quote:
Originally posted by oldseven:
Give us a break ZARDIW. What the he11 would you even want this for? Now you really do sound like a paid pumper for the stock.

Well, it sure floated my boat.......too bad it doesn't float yours.......Pretty awesome for me to look at stuff I did 35 years ago.......and a pretty impressive feat imo.........z

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oldseven
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quote:
Originally posted by zardiw:
Fwiw, the numbers are: AS 75, OS 57, Restricted: 33

Somebody else please call and verify that has posted false information with his lies and innuendos ...... z

I called and did receive these same numbers.
Outstanding Shares - 57,290,513
Authorized - 75 million
Restricted - 33,840,513

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oldseven
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NEWS RELEASE - Here is the first part - check out the rest on the internet. This just might give this stock a boost.

310 Holdings Inc. Acquires Chemical Company Pak-It

NIAGARA FALLS, Ontario, Oct. 1, 2009 (GLOBE NEWSWIRE) -- 310 Holdings Inc. (OTCBB:TRTN) is pleased to announce that the Company has completed the acquisition of Pak-It, LLC, a privately owned chemical company. Pak-It shareholders will receive 625,000 of 310 restricted Common Stock pursuant to the Agreement. The income from the combined operations of the entities as well as licensing fees will be used to pay off all Pak-It debt (approximately $3.6 million) and provide working capital to the Company for other operations. The Company also intends to open a Pak-It manufacturing operation in Canada.

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zardiw
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Amazing concept....YouTube: http://www.youtube.com/watch?v=_dKKSeqMS28

z

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Faster horses, yw, ow, mm.

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oldseven
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The news release everyone was waiting for and the stock goes down. Hmmmm?

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zardiw
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Captain of an Oil Tanker
Location: Ontario, CA
Status: Full Time Employee
Job Category: Maritime

About JBI
310 Holdings, Inc. (OTC: TRTN) is a fast growing company in an acquisition mode and rollout of Plastic 2 Oil Processors. It expects to be the world's leading specialist in tape data recovery, data migration and mobile data storage recovery. The company also has founded plastics to oil technology (P2O) that will provide outstanding growth to complement the pending acquisitions.
About the Captain
The Captain is in command of the vessel to transport passengers, freight, equipment and other cargo across oceans, bays, lakes and in coastal waters. Sets course of ships, using navigational aids, such as charts, area plotting sheets, compass, and sextant, and orders crew worker at helm to steer ship. Determines geographical position of ship, using loran or azimuths of celestial bodies. Inspects ship to ensure that crew observe regulations pertaining to safety and efficient operation of ship. Maintains ship’s log. Must be licensed by U.S. Coast Guard for steam or motor ship according to waters navigated and tonnage of ship. May be designated according to waters licensed to navigate as master, bays, sounds, lakes and coastal waters. Your schedule will be unique. The tanker will first sail within Lake Ontario while being retrofitted. During the retrofit, the ship will be sailed to the Boston area for engineering review and problem solving and then back to lake Ontario. Immediately after the successful retrofit, the ship will be sailed between the US and the Caribbean.
Requirements
You MUST be a US or Canadian Citizen or a permanent resident of the United States Or Canada. You MUST have oil tanker vessel experience. Must have minimum 7 years experience in Ship Captain’s role. Must be able to work and live offshore with limited medical care. Must be able to use hand tools and assist mechanics with repairs of the crane, gears and pumps.
Compensation
JBI offers a competitive compensation structure and a complete benefits package.
To apply send email to jobs@johnbordynuik.com

z

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oldseven
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As of now, stock down again today -6.78% last sale at $1.10.

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oldseven
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PR OUT TODAY -

310 Holdings Inc. Announces That Independent Lab Tests Confirm Plastic to Oil Fuel Passes ASTM Tests
310 Holdings Inc. (the "Company") (OTCBB:TRTN) is pleased to announce that it has received confirmation from independent lab tests that its Plastic2Oil fuel has passed ASTM testing.

http://www.globenewswire.com/newsroom/news.html?d=174637

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zardiw
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NIAGARA FALLS, Ontario, Oct. 8, 2009 (GLOBE NEWSWIRE) -- 310 Holdings, Inc. (the "Company") (OTCBB:TRTN - News) has changed its corporate name to JBI, Inc. ("JBI") and will be announcing a symbol change when available. Additionally, the Company is pleased to announce that JBI's unaudited nine month consolidated pro-forma revenues (ending Sept. 30, 2009) totaled $10,156,919 with total assets valued at $22,486,751. The Company reported net earnings of $167,398. Full financial details are available on the Company's Form 8-K filed with the Securities & Exchange Commission on October 7, 2009 at www.sec.gov.

JBI CEO and President, John Bordynuik, said, "Currently, we are working to integrate the Company's recently acquired wholly owned subsidiary Pak-It, LLC's 'Made In Canada' manufacturing and marketing operations with that of JBI. Also, I am pleased that the Company is profitable in light of the recently incurred, non-recurring costs and fees associated with our recent acquisitions of Javaco and Pak-It, LLC. We are progressing with our Plastic2Oil operations and investing our profits into this business unit."

The Company is committed to investing its resources in long-term highly sustainable growth and real value through the Company's recently acquired subsidiaries.

An interactive conference call date will be announced through a Press Release in the near future. The CEO / President will be available on this call to give the investment community an update on the Company's progress and answer investor inquiries.

z

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oldseven
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Stock at $1.10 today. The first Processor should be running by now. Its been well over three weeks since they mentioned "three weeks" to get it running. No PR out about the test results so I assume things did not go as planned. Maybe the 'upscaling' did not work? Who knows, maybe they have bugs to work out yet? Maybe someone else knows whats going on?

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zardiw
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 -

These are licensced from DCL Solutions, a subsidiary of JBII.

Laundry detergent is something that is very important in my house. I wash laundry on a daily basis. In addition to finding a cost effective detergent, my son is very allergic to eave my many detergents so I can't buy just any detergent. I also require my detergent to be at least 2x concentrated and leaving my clothes smelling great.

When I received Laundry Dropps, I have to admit that I was a bit skeptical. I received 2 formulas-Fresh Scent and Scent & Dye Free. I didn't feel that a pack that tiny was really going to clean and refresh my clothes. Well, I was very wrong. The first load of laundry I did was towels and I used the Dye & Scent Free. I am so picky about my towels. I have to say I was impressed. Even though there was no smell, they were refreshed and looked clean. I used the Fresh Scent to was my son's clothes. This was the ultimate test. I loved the refreshing smell that was on the clothes and I didn't have to worry about pretreating the stains because that is also in that tiny pack. But, I wasn't sure that it wouldn't break him out. After a few days and no sign of a rash, I knew we were good.

Another great fact about dropps is it is mess free. No pouring, spilling, dropping. The small pack goes into the washer (HE washers OK). This makes less work for me becuase there is no wiping up spills or cleaning out my sticky cabinet.

Dropps is currently available in Fresh Scent, Scent + Dye Free, and Dropps Baby (Scent, Dye, and Enzyme Free).

z

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Faster horses, yw, ow, mm.

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zardiw
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quote:
Originally posted by oldseven:
Stock at $1.10 today. The first Processor should be running by now. Its been well over three weeks since they mentioned "three weeks" to get it running. No PR out about the test results so I assume things did not go as planned. Maybe the 'upscaling' did not work? Who knows, maybe they have bugs to work out yet? Maybe someone else knows whats going on?

The second container of the production machine was held up in customs, cause the chinese put a pair of asbestos gloves in, thinking they were doing us a favor.

It is on a truck now and on it's way.........z

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oldseven
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quote:
Originally posted by zardiw:
quote:
Originally posted by oldseven:
Stock at $1.10 today. The first Processor should be running by now. Its been well over three weeks since they mentioned "three weeks" to get it running. No PR out about the test results so I assume things did not go as planned. Maybe the 'upscaling' did not work? Who knows, maybe they have bugs to work out yet? Maybe someone else knows whats going on?

The second container of the production machine was held up in customs, cause the chinese put a pair of asbestos gloves in, thinking they were doing us a favor.

It is on a truck now and on it's way.........z

Do you know how many times we have heard this? ITs on the way!! We were told it left customes weeks ago. Delays, delays, delays. - that why the stock is not moving.

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oldseven
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SYMBOL changed to JBII

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zardiw
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And price is a key factor here. Other methods to break down plastic scrap, such as plasma-based approaches or microwaves, need considerable energy to power them, and have not proven economical. With this system, enough gas is produced as a by-product that the process becomes essentially self-powering once it’s under way. Oil can then be extracted for about $10 a barrel.

http://www.canadianmanufacturing.com/plasticsincanada/news/industry/article.jsp? content=20090924_110713_6584

z

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zardiw
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quote:
Originally posted by oldseven:
SYMBOL changed to JBII

Also name change to JBI Inc. .......refreshing to see a name/symbol change without some kind of split, isn't it?.........z

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zardiw
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Second Container has arrived!!:

 -
z

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oldseven
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FINALLY, after how many weeks? Anyways, is it still 3 weeks before the P2O is operational? Last we were told was three weeks after they arrived but because of the delay in the second container, they were still able to go ahead with some of the assembly. Has that 3 weeks been reduced to 1 or 2? OR still 3 OR MORE???

What? no OHSA requirements there?? Is that yellow forklift pulling the container out? With the chain wrapped around the mast?? Sure hope the chain doesn't break, that guy will have one heck of a headache if a head at all.

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zardiw
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Greener Pastures: P2O Plant Converts Farm Waste to Fuel

According to the Environmental Protection Agency, the total amount of plastics in municipal solid waste in the U.S. was almost 31 million tons, or 12.1 percent of total municipal solid waste generation in 2007. Farms are a major contributor. Farms use plastic barrels and silage bags, many of which end up in landfills. The greenhouse sector, while often considered a clean industry, uses plastic in the form of nursery pots, plastic trays and polyethylene film. Some growers are looking to biodegradable plastic alternatives, such as peat moss or coconut, bamboo, rice, straw or corn fibers. But none of the available alternatives completely solve the problem -- some materials are visually unattractive, while others are prone to cracking or mold growth. And many come in plastic packaging.

Farmers can do one of three things with their used plastic. They can reuse it, though most do not, due to health concerns. Farmers can also recycle some of their plastic, but collecting and transporting the plastic to a recycling center can prove problematic. And now, farmers can turn their agricultural waste plastic into fuel.

JBI Inc., a global technology company trading on the OTC market with the stock symbol JBII, has developed a way to break down plastic molecules into an oil similar to diesel fuel. The process, called Plastic 2 Oil (P2O), extracts about a liter of oil for each kilogram of plastic processed, and each P2O facility will be able to process up to 20 tons of scrap plastic per day. Even better, a gas byproduct created by the P2O process provides all of the energy needed to convert plastics into oil, eliminating energy costs.

JBI is looking for people with manufacturing and farming facilities not running at full capacity to convert into P2O factories. Americans allowing P2O factories to run on their property will receive enough extra fuel from the P2O process to run their household or any on-site business operations.

For additional information, visit www.plastic2oil.com, www.jbiglobal.com or www.johnbordynuik.com.

Source: NewsUSA

http://www.webnewswire.com/node/477115

z

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zardiw
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quote:
Originally posted by oldseven:
FINALLY, after how many weeks? Anyways, is it still 3 weeks before the P2O is operational? Last we were told was three weeks after they arrived but because of the delay in the second container, they were still able to go ahead with some of the assembly. Has that 3 weeks been reduced to 1 or 2? OR still 3 OR MORE???

What? no OHSA requirements there?? Is that yellow forklift pulling the container out? With the chain wrapped around the mast?? Sure hope the chain doesn't break, that guy will have one heck of a headache if a head at all.

EMail response from John Bordynuik:

This is my answer and can post publicly.

The catalyst has been tested in a large volume batch as was stated a month or so ago. I did not consider this material. The fuel has already been independently tested.

Who makes the P2O machine? The processor is highly optimized and is much simpler for us to build – the asbestos gloves customs delay created an incredible opportunity to revisit the design. As it is immaterial, more than 1/3 of the original design is now retired, thanks to the gloves.

Who supplies P2O processor? More than one vendor supplies components now.

What vendor? Why don’t I just hand over my wallet too…

Staff is in all weekend (including me) to assemble the processor.


Regards,


John Bordynuik
CEO
JBI Inc.

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Faster horses, yw, ow, mm.

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oldseven
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Zardiw, I don't think this answers my question. Is it still 3 weeks or how long before the processor is producing?
"More than 1/3 of the original design is now retired" - does this mean 1 less week(1/3 of the original estimated 3 weeks) for the assembly? Now 2 weeks? We were also told alot of the assembly was taking place even without the second container arriving - so does that mean 1 week then?
Zardiw, do you know if there is a new time table to get the Processor assembled and operational?
I assume the original 3 week estimate was way off base and a new timetable has been established.

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zardiw
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News:

NIAGARA FALLS, Ontario, Nov. 5, 2009 (GLOBE NEWSWIRE) -- JBI, Inc. (the "Company") (OTCBB:JBII - News) continues to make progress in the implementation of its comprehensive business plan.

In its efforts to globally market the innovative, eco-friendly Pak-It product line, JBI has appointed Creative Supply Solutions Ltd. ("CSS") of Manchester, England as a Master Distributor for the United Kingdom. CSS, a privately held company, has relationships with more than a dozen distributors in the region, and will be responsible for managing sales in England, Wales, Scotland, and Ireland.

Steve Seneca, President of Pak-It, LLC, noted, "I am excited to have CSS join us as a master distributor. CSS focuses on selling and marketing break-through technologies, which makes them perfect for our Pak-It line of water-soluble liquid cleaning chemicals."

"We see tremendous opportunity for Pak-It because of their patented technology," stated Nigel Oakes, CSS Director. "The Pak-It products provide an important green solution - and 'green' is an extremely important issue in the UK. The concentrated packets dissolve completely in water, leaving no empty containers to clog land-fills. And the shipping cartons are lighter and take up less space than normal containers, which greatly reduces the environmental impact of transportation."

Furthermore, in anticipation of Pak-It's Canadian expansion, the Company is pleased to report that PakIt Canada machines are now set up, and JBI engineers are adding automation to the production lines to process Pak-Its faster. JBI CEO and President, John Bordynuik, said, "We envision robust growth for Pak-It products in Canada and want to be fully prepared to satisfy anticipated demand."

In another important development, Pak-It has formulated a no-slip cleaner that is a cleaner, polisher and finisher all in one. Applications of this unique formulation produce no buildup and the affected surface, whether wet or dry, is not slippery. The product has successfully been tested with a James Machine and digital tribometer.

JBI is currently assembling its large P2O processor as all parts have now arrived. Testing of individual components is also ongoing, and the Company looks forward to soon demonstrating its economic viability, as a direct result of using its proprietary catalyst in the processor's smooth operation. Competing processors that run without a catalyst risk pollution, blockage in the condensers, downtime, slag, and massive cleanup, all of which can severely impact potential profitability.

In addition to reading NASA tapes, JBI has recently been presented with thousands of seismic tapes to read, which oil companies view as an important source of information for their exploration activities. JBI has just started reading tapes for a large Oil and Gas company, and its Swahili engine is being used to normalize, index and serve the seismic and well log data.

JBI is setting a presentation and interactive conference call date for Monday, November 23, 2009. Therefore, all shareholder questions should be submitted to john@johnbordynuik.com as soon as possible for review by corporate legal counsel. In order to adequately address all questions, JBI may publicly release news items prior to the call date. An upcoming press release will give the time and call-in details for the call. As well, the information will be posted on the JBI website at http://www.jbiglobal.com. John Bordynuik is looking forward to answering shareholder inquiries and presenting updates on JBI, Inc. to our shareholders.

About JBI, Inc.

JBI, Inc. is transitioning to become a global technology leader whose purpose is to mine data from JBI's large information archive, find under-productive entities to inject our superior proprietary technologies into, and benefit from increased productivity and profitability, beginning with Plastic2Oil. JBI has also acquired the following operations:

JAVACO, Inc. ("Javaco") is part of the Supplier Diversity Network, WBENC. JAVACO, Inc. currently distributes over 100 lines of equipment from fiber optic transmitters to RF connectors. To further enhance business in the United States, new distribution lines are frequently being added including a line of home theater and audio video products. Javaco will operate and manage the Company's Plastic2Oil sites in Mexico.

Pak-It, LLC ("Pak-It"): Using the patented Pak-It(TM) delivery system (liquid cleaner in a water soluble sachet) Pak-It can deliver glass cleaner, disinfectant, multi-purpose, and many more cleaning products (42 products currently) shipped in tiny packages of condensed cleaner (inside a 'dry' 1 quart container). This delivery method is "green" since it's fully biodegradable and saves thousands of dollars in shipping. The user simply adds water to the container without measuring or cutting the Pak-It. Large retailers and many national Building Service Contractors already using the product have documented significant cost savings from shipping, training, inventory control and space.

Accordingly, our revenue sources presently include (i) income from reading archived tapes (including microfiche) from clients such as NASA, (ii) income from the recently acquired JavaCo, Inc., (iii) income from the sale of Pak-It products, and bulk chemical facility which we realize beginning October 1, 2009, and (iv) from the anticipated commencement of operations in the fourth quarter of 2009 with Plastic2Oil, a process and service that converts plastic to fuel oil. For more information, please see http://www.jbiglobal.com and http://www.javacoinc.com and http://www.pakit.com/.

z

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Faster horses, yw, ow, mm.

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zardiw
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JBII Revenue Sources:

Accordingly, our revenue sources presently include:

(i) income from reading archived tapes (including microfiche) from clients such as NASA (and now seismic data for oil companies),

(ii) income from the recently acquired JavaCo, Inc.,

(iii) income from the sale of Pak-It products, and bulk chemical facility which we realize beginning October 1, 2009,
and

(iv) from the anticipated commencement of operations in the fourth quarter of 2009 with Plastic2Oil, a process and service that converts plastic to fuel oil.

For more information, please see http://www.jbiglobal.com and
http://www.javacoinc.com and http://www.pakit.com/.

z

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Faster horses, yw, ow, mm.

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zardiw
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quote:
Originally posted by oldseven:
Zardiw, I don't think this answers my question. Is it still 3 weeks or how long before the processor is producing?
"More than 1/3 of the original design is now retired" - does this mean 1 less week(1/3 of the original estimated 3 weeks) for the assembly? Now 2 weeks? We were also told alot of the assembly was taking place even without the second container arriving - so does that mean 1 week then?
Zardiw, do you know if there is a new time table to get the Processor assembled and operational?
I assume the original 3 week estimate was way off base and a new timetable has been established.

I think we're getting close......don't know what the time table is....but they're working damned near 24-7 on her........z

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oldseven
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Schedule 14C filed today. An increase of more than DOUBLE in the Authorized Shares. On 11-6-09 JBII amended the Articles of Incorporation to increase the number of authorized shares of common stock they may issue from 70,000,000 to 150,000,000.

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buckstalker
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oldseven...You need to ask yourself, why JB would INCREASE the AS, if everything is going so peachy with all of the revenue streams he claims...

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It's all in the timing...

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oldseven
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quote:
Originally posted by buckstalker:
oldseven...You need to ask yourself, why JB would INCREASE the AS, if everything is going so peachy with all of the revenue streams he claims...

I did, I assumed it was so he could maintain controlling share(voting power) after additional acquisitions. I would still like to think positive about John but that might be the downfall. Either this is for bigger and better OR Dilution!! I wish I could find out the preferred stock status. Maybe the preferred will increase and maybe each preferred has more than one vote. I would assume after all is said and done, John will maintain at least 51% voting power. I will e-mail him and ask what the deal is. Getting info and DD from the CEO is not always best either.

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oldseven
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CEO has scheduled a conference call for Nov. 23 and states " I will detail my master plan in the conference call. I am certain the shareholders will be pleased."

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oldseven
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10Q out today.

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oldseven
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JBI is having a conference call today at 3 eastern time to answer some questions about there progress and other info for shareholders.

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bill pearl
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JBI not bad, but needs to break out of the consolidation phase at 1.20. I like another name in renewables - VVIT - Just blew out earnings after the close, and has been in a consolidation pattern for the past 5 months. Should be moving higher in the near term

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BP

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buckstalker
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By the looks of the pps today...the conference call musta been chock-full-o good news...

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It's all in the timing...

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oldseven
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quote:
Originally posted by buckstalker:
By the looks of the pps today...the conference call musta been chock-full-o good news...

It had a cheesy presentation at the beggining followed by a Q&A session. The Q&A session was full of great information about the P2O and that it is going thru ongoing changes and the output is currently in a state certified lab(third party) for validation of the fuel. He also stated he has a buyer for all the fuel that can be produced for $3 less per barrel than the WTI and they will pick up. I expect this stock to really take off first quarter of next year if not sooner. Possibly $3 by year end if the validation is released early Dec.

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