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  4. Plastic2Oil, Inc. (PTOI) Message Board

I don't expect JBI is sitting around basking in th

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Post# of 43066
Posted On: 01/20/2013 11:08:12 AM
Posted By: stocker11

I don't expect JBI is sitting around basking in their accomplishments to date.  I believe they have a number of irons in the fire waiting to see who will provide the best terms and the most money for JBI.


I also truly believe that the SEC issue has caused them to be extra cautious about any news being released and when a resolution has been signed we'll hear some very significant news.


It's interesting that I continue to hear that a lot of money is sitting in the wings waiting for the SEC issue to be settled so we may see some heavy buying very soon.


We could start dreaming what the company may do this year.


- assemble 10 processors (2 more in Niagara Falls (total of 5) and 5 in Jacksonville);


- announce all contracts between feedstock suppliers and fuel buyers;


- complete name change (as required by the PIPE agreement);


- (should the share price increase enough for long enough) up-list to major exchanges (perhaps in the U.S., Canada and Europe);


- new/additional Board of Directors (as required by the PIPE agreement);


- run tickets;


- major media exposure;


- buy-out/mergers (personally I'm in no hurry for this as we need to show profitability and with the 10 machines running that will not be a problem);



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