I'm not a believer in charts/technical analysis at all. However August is historically the month when Mr. Bordynuik chose to thrill investors and get them re-excited. All the way from announcing the Donghe machine is on its way from China in August 2009; to having only a simple air permit stand in the way; to cash flow positive being imminent; to the flagship processor, the only remaining obstacle to cash flow positive, being launched; etc.... After August, investors won't expect much from the third quarter and Mr. Bordynuik can then rest until the 10K is due late March before coming up with a new promising story.

Plus current trusting shareholders being weary without good news for a while and looking for any glimmer of hope makes them ripe for another picking.

Change in CUSIP/name/ticker to hide JBI's history and I think Mr. Bordynuik and Mr. Heddle are getting ready to launch another fundraising campaign to look for more 'donations'.

I don't doubt there may be a good spike...although I don't think the chart has anything to do with it.

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