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JBII - JBI Inc - Page 10

post #181 of 453
And guess what.......John wants to uplist to the AMEX:

Edited E-mail response I recieved:

I am filing the application now to list to the AMEX. We can be on that exchange 20 days after our stock price stays above $2. I am setting up a Board of Directors to set up an audit committee (last requirement) so that we can uplist and the manipulation can stop.

$5 is required for the NASDAQ but AMEX will allow us to uplist on an accelerated basis at5 $2/share. It is best for us to list on AMEX and then go to NASDAQ. AMEX offers us a lot including the ability for Canadians to invest with their retirement funds.

"A couple of questions: Must that be a constant price or an average price, and if average, out of how many days? How long must it maintain the price before eligible to up list?"

I am asking Gregg Jaclin, our securities lawyer.

The price must maintain $2 for 20 days.

"On a personal note, can you send anything comparing PAK-IT to competitors? I know we discussed it, and I have informed my sister, but it is always more well received if it comes from the company."

PakIt does not have any competitors in its space. That is why Home Dept, Sears, KMart, Target, 11,000 regis Hair Salons are now using it. We own two patents that protect the technology.

Some companies have unsuccessfully tried to do tear packets but they were messy and dangerous to employees.

The proportionate systems (Johnson Diversity and Proctor and Gamble) are being replaced by our cleaners which has proven to be validation. More and more customers are moving to PakIt everyday. We are entering into an agreement with Simoniz to QVC and Infomercial the product retail.

I'll ask Frank Wiley of PakIt to provide me with a competitive analysis of PakIt and will forward to you.

Regards,

John Bordynuik
CEO
JBI
post #182 of 453
Check this out.......JBII wants to go AMEX:

Edited E-mail response I recieved:

I am filing the application now to list to the AMEX. We can be on that exchange 20 days after our stock price stays above $2. I am setting up a Board of Directors to set up an audit committee (last requirement) so that we can uplist and the manipulation can stop.

$5 is required for the NASDAQ but AMEX will allow us to uplist on an accelerated basis at5 $2/share. It is best for us to list on AMEX and then go to NASDAQ. AMEX offers us a lot including the ability for Canadians to invest with their retirement funds.

"A couple of questions: Must that be a constant price or an average price, and if average, out of how many days? How long must it maintain the price before eligible to up list?"

I am asking Gregg Jaclin, our securities lawyer.

The price must maintain $2 for 20 days.

"On a personal note, can you send anything comparing PAK-IT to competitors? I know we discussed it, and I have informed my sister, but it is always more well received if it comes from the company."

PakIt does not have any competitors in its space. That is why Home Dept, Sears, KMart, Target, 11,000 regis Hair Salons are now using it. We own two patents that protect the technology.

Some companies have unsuccessfully tried to do tear packets but they were messy and dangerous to employees.

The proportionate systems (Johnson Diversity and Proctor and Gamble) are being replaced by our cleaners which has proven to be validation. More and more customers are moving to PakIt everyday. We are entering into an agreement with Simoniz to QVC and Infomercial the product retail.

I'll ask Frank Wiley of PakIt to provide me with a competitive analysis of PakIt and will forward to you.

Regards,

John Bordynuik
CEO
JBI


z
post #183 of 453

CEO's discusses shares

When the P2O is scaling, we may very well need to acquire a bunch of recycling factories. I only have so much stock to return to the treasury so at some point I won't be able to. In the short term this was done to maintain control. Way down the road this stock would be used for large acquisitions but there is no way I want to do anymore at $1 or so per share. And as well, I do not want to dilute myself or the shareholders so if a large acquisition did come along it would have to be as valuable as the shares issued for its purchase, and enhance the value of the company so not to affect the value of the company. It's a tricky balance. My own wealth is greatly affected by the performance of this company so I do not want to do anything that would cause the stock to collapse - any ill conceived dilution would certainly kill the company."
post #184 of 453
JBII CEO going for AMEX listing....

"We can uplist to the AMEX if we can maintain $2/share for 20 days.

We are moving fast. I am not waiting until march to assemble the BOD. Many people have contacted me about RRSP investments. Well, we had to start somewhere and the OTC was it. Now time to move up."
post #185 of 453
this looks good. any speculation on a run up to $2?
post #186 of 453

AMEX BABY!!

We bust $2 and we're goin AMEX..............z
post #187 of 453

Plastic out of Landfills

http://Plastic2Oil.com ...........z
post #188 of 453
post #189 of 453
Quote:
Originally Posted by PeterSLynch View Post
JBII to $20+ IMO

$3.78B worth of Seismic Data that needs to be converted:





http://www.osti.gov/bridge/servlets/...ive/835232.pdf

Digital Data Transfer
Large quantities of digital geoscience data are also held by private
industry. Like cores and cuttings, this digital geoscience data represents
decades of data collections previously not available to the wider geoscience
community. Additionally, storage costs for the tapes this data is stored on
continues to increase, as does the concern that media degradation may make
much of the data unrecoverable in the near future. To address these
concerns, the NGDRS has attempted to coordinate the transfer and
transcription of contributed digital data to new media and to be placed at
public repositories around the country. Estimates made during Phase II
indicate that millions of 9-track tapes, mostly reflection seismic surveys,
are available for transfer."

Apparently less than 1% was converted in 2003, and they were unable to continue......JBII has solved that problem...........z
post #190 of 453

OS Share Reduction of 12M shares

JBI, Inc. CEO Reduces Outstanding Common Shares by 12 Million


NIAGARA FALLS, Ontario, Dec. 8, 2009 (GLOBE NEWSWIRE) -- JBI, Inc. (the "Company") (OTCBB:JBII - News) announces that John Bordynuik, CEO / President, has returned twelve million of his common shares to the Company's treasury and was issued one million non-convertible preferred shares, with 100 to 1 voting rights and no dividend income. The net effect of this transaction is that there will now be 46,725,106 total outstanding common shares and 1,000,000 series A super voting preferred stock outstanding. The Company's shares are available to use for accretive acquisitions and debt pay-off.

John Bordynuik commented, "Since June 2009, I have returned 22 million of my common shares to the Company's treasury. I have no interest in selling my personal shares or impeding corporate share growth through unnecessary or potentially damaging dilution. My goal is to build a dynamic global growth company and, in so doing, to maximize share valuation for all loyal shareholders. This is best accomplished by growing our core businesses, making prudent acquisitions, and increasing net earnings per share."

z
post #191 of 453
that was my signal....to get in
post #192 of 453
Quote:
Originally Posted by BigNoseWhipper View Post
that was my signal....to get in
Weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee .......lol........et z
post #193 of 453
that was fun.

oh hey, hows it going 2$ pps?

2$pps: oh just fine

me: if you make it, how long are you going to stick around?

2$pps: well, i was thinking about layin low there for about 20 or so days. might be moving over to AMEX, ya know.
post #194 of 453
JBII interviewed by Wallstreetreporter.com!!!
post #195 of 453
Listen to Wallstreetreporter interview.....

http://www.wallstreetreporter.com/20...ceo-interview/
post #196 of 453
From JBII CEO:

Answers to common questions pouring in (no, I'm not paying $1000 to issue a PR to answer info already in the public domain): 1. There will be no stock split. 2. Applications for P2O will be on the web site hopefully today. 3. Volume? Some funds found us. All bets are off after mainstream media covers us.
post #197 of 453
Let the mainstream media blitz begin.....
post #198 of 453
eitherway, its makin money.

im out...that was a nice profit. in @1.32 - out@ 1.79


*sails away*
post #199 of 453
JBII: $2.48!!..........et z
post #200 of 453
Quote:
Originally Posted by BigNoseWhipper View Post
eitherway, its makin money.

im out...that was a nice profit. in @1.32 - out@ 1.79


*sails away*

$2.48 now.........Shall I provide a puke bucket???........lol...........z
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