NIAGARA FALLS, NY — (Marketwired) — 06/28/13 — JBI, Inc. (the "Company" or "JBI") (OTCQB: JBII), a clean energy company that recycles waste plastic into liquid fuels, is pleased to announce that it has received all pertinent permit amendments from the New York Department of Environmental Conservation ("NYSDEC") to move forward with including heat transfer fluid into its Plastic2Oil ("P2O®") process.The permitting allows JBI to use heat transfer flu
NIAGARA FALLS, NY — (Marketwired) — 06/27/13 — JBI, Inc. (the "Company") (OTCQB: JBII) announced today that the U.S. District Court for the District of Massachusetts issued a ruling on June 26, 2013 granting, without prejudice, the individual defendants- motion to dismiss the previously disclosed stockholder derivative lawsuit. The lawsuit had been filed on March 16, 2012 against certain former officers and directors with the Company named as a nominal defendant. The Court-s action
NIAGARA FALLS, NY — (Marketwired) — 06/13/13 — JBI, Inc. (the "Company" or "JBI") (OTCQB: JBII), a clean energy company that recycles waste plastic into liquid fuels, is pleased to announce that it has finished assembly of its third Plastic2Oil ("P2O"®) processor at its Niagara Falls facility.To access a photo accompanying this release please click the following URL:The designs behind the third processor have undertaken significant upgrades since the previou
NIAGARA FALLS, NY — (Marketwired) — 04/22/13 — JBI, Inc. (the "Company" or "JBI") (OTCQB: JBII), a clean energy company that recycles waste plastic into liquid fuels, is pleased to announce that company founder and Chief of Technology John Bordynuik will be amongst presenters this year at the 21st annual North American Waste-To-Energy ("NAWTEC") Conference in Fort Myers, Florida. The conference takes place April 22 – 24, 2013.NAWTEC is recognized as the industry
NIAGARA FALLS, NY — (Marketwire) — 03/21/13 — JBI, Inc. (the "Company")(OTCQB: JBII) announced today that the U.S. District Court, District of Massachusetts, has approved the settlement of the previously announced Securities and Exchange Commission (SEC) enforcement action against the Company and its former chief executive officer, John Bordynuik.Under the terms of the settlement, the Company and Mr. Bordynuik consented to the entry of orders enjoining them from future violations o
NIAGARA FALLS, NY — (Marketwire) — 03/20/13 — JBI, Inc. (the "Company" or "JBI") (OTCQB: JBII), a clean energy company that recycles waste plastic into liquid fuels, announced it will host a conference call for participants on Tuesday, April 2, 2013. The Company-s management team will lead the call and provide participants with a general business update and review of 2012 results.Details are as follows:: Tuesday, April 2, 2013: 11:00 a.m. Eastern Daylight Time: 1 hour: Pr
NIAGARA FALLS, NY — (Marketwire) — 02/11/13 — JBI, Inc. (OTCQB: JBII)JBI, Inc. (the "Company" or "JBI") (OTCQB: JBII) today announced an update on its Plastic2Oil® ("P2O®") business operations, reflecting increased fuel production, a successful stack test on processor two, fabrication supplier delays, and revised expectations for achieving positive operating cash flow.Based on preliminary results, total fuel production in the fourth quarter of 2012 incre
NIAGARA FALLS, NY — (Marketwire) — 01/23/13 — JBI, Inc. (the "Company") (OTCQB: JBII) announced today that the Securities and Exchange Commission (SEC) has approved settlement of the previously disclosed lawsuit against the Company and its former chief executive officer, John Bordynuik, filed by the Division of Enforcement staff.The lawsuit arises from the restatement of the Company-s financial statements as of and for the periods ended September 30, 2009 and December 31, 2009. Und
NIAGARA FALLS, NY — (Marketwire) — 01/17/13 — JBI, Inc. ("JBI" or the "Company") (OTCQB: JBII) is pleased to announce that between January 11, 2013 and January 17, 2013 it entered into subscription agreements with accredited investors and consummated the sale of 1,153,556 additional shares of the Company-s Series B Convertible Preferred Stock for additional gross proceeds of $4,037,446. As a result of the additional sales, a total of 2.3 million shares were sold in the Se
NIAGARA FALLS, NY — (Marketwire) — 01/02/13 — JBI, Inc. ("JBI" or the "Company") (OTCQB: JBII) is pleased to announce that between December 27, 2012 and December 31, 2012, it raised $4,012,554 in a private placement of 1,146,444 shares of the Company-s Series B Convertible Preferred Stock (the "Series B Shares"). The Series B Shares, which were sold at a price of $3.50 per share, are each convertible into 7 shares of the Company-s common stock and have a mandato
