Niagara Falls, New York, October 28, 2013 - JBI, Inc. (the “Company” or “JBI”) (OTCQB: JBII), a clean energy company that recycles waste plastic into liquid fuels, today announced dates for its Third Quarter 2013 results conference call and 2013 Annual Stockholders’ meeting.
Details of the Third Quarter results conference call are as follows:
Date: Tuesday, November 12, 2013
Time: 11:00AM, Eastern Daylight Time
Questions: Questions to be considered for the call can be e-mailed to ir@jbi.net prior to 11:59pm on Wednesday, November 6, 2013.
Conference Access: US Participants dial (800) 230-1092. Canadian and International callers dial (612) 288-0329.
Disclaimer: There is a 500 caller maximum on a first-come, first-serve basis. In order for callers to be admitted, callers must provide first and last name, company, and valid phone number. Participation is subject to the discretion of JBI, Inc.
JBI management will lead the call, which will entail Q3 2013 financial results and a general operations update.
The call will follow the anticipated release of the Company’s third quarter 2013 financials on Form 10-Q, expected to be released before market open on Tuesday, November 12, 2013.
For those who are unable to participate, a transcript of the call will be disclosed and available in a timely fashion under the “Investor Relations” link located at www.plastic2oil.com.
In addition, the Company will hold its Annual Stockholders’ Meeting at 1:30pm EST on Tuesday, December 10, 2013.
In keeping with JBI’s on-going efforts to reduce costs, and in order to make the meeting accessible to JBI stockholders worldwide, the annual meeting will be a completely virtual meeting and will be conducted via live webcast on the internet at www.virtualshareholdermeeting.com/jbii.
Details regarding the meeting can be found in the Company’s proxy statement filed with the Securities and Exchange Commission this morning, October 28th, available at www.sec.gov and at www.plastic2oil.com under the “Investor Relations” link.
Stockholders of record as of October 16, 2013 will be allowed to access and vote at the meeting.
About JBI, Inc.
JBI, Inc. is a clean energy company that recycles waste plastic into liquid fuels. JBI’s proprietary Plastic2Oil technology can deliver economic and environmental benefits by replacing refined fuels and diverting waste plastic from landfills. For further information, please visit www.plastic2oil.com.
Forward Looking Statements
This press release contains statements, which may constitute "forward looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act. The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees as of 1995. Those statements include statements regarding the intent, belief or current expectations of JBI, and members of its management as well as the assumptions on which such statements are based, including the expected timing of the Company's Form 10-K, execution of the proposed agreements described above and consummation of the transactions contemplated by such agreements. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Such risks include, but are not limited to: (1) JBI has a history of net losses, and may not be profitable in the future; (2) JBI may not be able to obtain necessary licenses, rights and permits required to develop or operate our Plastic2Oil business, and may encounter environmental or occupational, safety and health conditions or requirements that would adversely affect its business; and (3) JBI may experience delays in the commercial operations of its Plastic2Oil machines and there is no assurance that they can be operated profitably. For a more detailed discussion of such risks and other factors, see the Company's Annual Report on Form 10-K, filed with the SEC on March 15, 2013, as amended on April 30, 2013, and its other SEC filings. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
CONTACT
Chris Irons
Corporate Communications & Investor Relations Manager
716.471.5995
ir@jbi.net
MEDIA INQUIRIES
media@jbi.net
or please visit the JBI, Inc. Newsroom at www.plastic2oil.com
