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Plastic2Oil, Inc. PTOI
Posted On: 06/19/2014 8:15:17 AM
Post# of 43066
Posted By: It takes a brain
Re: Goord #9637
Quote:
I guess what I am trying to say is that I have not read anything that would make me believe that JBII would be a good investment or not from either side




Nor should it, ever. Reading posts by anonymous aliases who have no accountability on a stock message board should never influence your "belief" one way or another.

Simply read JBI's recent filings. There is no other "recent" information besides that on which to base a rational decision, because the company has been silent. Their most recent 10K can be found here:
http://ih.advfn.com/p.php?pid=nmona&article=62442561


The key bits of "recent" information revealed there are the following:

- JBI is broke, and unable to raise more money from investors.

- JBI's processors have been sitting idle for the last 6 months.

- "Management currently anticipates that the processors will remain idle at least until the third quarter of 2014"

- Their founder was paid $258,305.00, yet they were unable to find the $200K needed to fix their idle processors.

- They are going to increase their total number of authorized shares from 150,000,000 to 250,000,000.


JBII has lost 78% of its value over the past year, on news much better than any of this.


Quote:
please don't expect me to respond to your criticism or concerns

.


There ya go. Post an opinion on a public message board whose purpose is to exchange opinions on a stock, on the internet where 2 billion people are connected. But please, just let me have a one-way conversation with myself.

Thankfully, I won't have to look forward to an inane response dismissing the fact that all "recent" information makes this look like a broke penny stock scam whose only purpose is to funnel shareholders' money into its founder's pockets.















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