They dont have any competitors other than big oil who is threatened by their process. Covanta and Waste Management incinerate plastic for steam to electricity generation. There are a few private companies making sludge but no one has received approvals to do what JBI is doing. The share price has been demolished by lousy management recruited from Rock Tenn but those slime balls are gone now and the new guy Rick Heddle is turning JBI around. I think the CTO is working on their 4th machine with #5 waiting in the wings. Did you see the Crayola partnership on FOX news? .41 cents is a steal. JBI was trading as low as .30 cents a month ago when Heddle took charge. Things are looking up for JBI, just look at the noise to the contrary
Hmmmmm. Isn't their CTO the same guy who used to be their CEO before the SEC banned him from holding an officer position in a public company. Yeah, that's him! His name is Bordynuik, and that was part of the deal to settle the charge of securities fraud brought against him. He's called Honest Jonny, but that's just a funny ha ha ironic kind of thing.