JBII CC -- 10 TDIBITS OF INTEREST FROM MY NOTES:
(1) 2 P2O processors now running at maximum allowed hourly capacity -- now assembling processor 3.
(2) Solid Waste Permit -- working with the DEC and expect news in the near future that will allow them to double their capacity.
(3) 90% gross profit margin for fuel oil #6 and fuel oil #2 from P2O, 50% for naphtha.
(4) Have processed over 1.4 million pounds of plastic.
(5) "In our financials, we will specifically break out the gasoline and any third party fuel blended with ours. With fuel oil #2 and #6, it is 100% P2O fuel."
(6) Their multiple customers are repeat order customers. As an example, they signed a purchase order with a Fortune 100 company for 500,000 liters and delivered 85,000 liters so far and "are getting out another tanker right away"
(7) Three "extremely high net worth individuals" have invested $1 million or more each in the last 11 months.
(8) Expect details on financing, possibly project-based debt financing, in the annual report due March 15.
(9) NYSE: RKT partnership continues to move forward and are expecting to issue a "joint announcement" in regards to timelines and expect multiple processors deployed to NYSE: RKT over the next 12 months.
(10) JBII's procesor #2 was designed with the data from #1 in mind. Processor #2's design is replicable, manageable, proven, and deployable.
JBII CC -- 10 TDIBITS OF INTEREST FROM MY NOTES: (1) 2
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