Last $0.18 USD
Change Today 0.00 / 0.00%
Volume 10.6K
JBII On Other Exchanges
As of 8:10 PM 04/15/14 All times are local (Market data is delayed by at least 15 minutes).

jbi inc (JBII) Snapshot

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52 Week High
04/16/13 - $0.66
52 Week Low
01/14/14 - $0.06
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jbi inc (JBII) Details

JBI, Inc. engages in the production and sale of fuel products from mixed and unwashed waste plastics. It provides Plastic2Oil, a process that converts waste plastic into fuel through a series of chemical reactions. The company uses waste plastic as feedstock to produce Fuel Oil No. 6, Fuel Oil No. 2, and naphtha for various uses. It also produces by-products, including an off-gas similar to natural gas and a petcoke carbon residue. The company sells its products through fuel wholesalers and directly to commercial and industrial end-users. It was formerly known as 310 Holdings, Inc. and changed its name to JBI, Inc. in October 2009. The company was incorporated in 2006 and is headquartered in Niagara Falls, New York.

55 Employees
Last Reported Date: 03/15/13
Founded in 2006

jbi inc (JBII) Top Compensated Officers

Founder and Chief of Technology
Total Annual Compensation: $339.4K
Compensation as of Fiscal Year 2012.

jbi inc (JBII) Key Developments

JBI, Inc. announced delayed annual 10-K filing

On 03/31/2014, JBI, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.

JBI, Inc. Appoints Rahoul Banerjea as CFO

JBI, Inc. has appointed Rahoul Banerjea as CFO. Mr. Banerjea, CPA, has extensive expertise working with publicly traded, global high technology and manufacturing companies. As a Principal with Matun Group LLC, Mr. Banerjea was Interim vice president of Finance at Bodycote, Hot Isostatic Processing Division, where he provided financial and accounting leadership for a $100 million global manufacturing operation. As a Partner with Tatum, LLC, Mr. Banerjea was Interim Corporate Controller of CMGI, Inc., Interim Finance Director at FTI Consulting's technology segment, Project Consultant at Interactive Data Corporation, Interim CFO at Harmonix Music Systems, and Project Consultant at Commercial Industrial Financial Corporation.

JBI, Inc. Announces Resignation of Nicholas Terranova as Chief Financial Officer, Effective February 28, 2014

On February 18, 2014, Nicholas Terranova informed the Board of Directors of the JBI, Inc. of his resignation from his position as the company's Chief Financial Officer, effective February 28, 2014.


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Valuation JBII Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 14.4x
Price/Book 8.0x
Price/Cash Flow NM Not Meaningful
TEV/Sales 5.9x

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