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EX-10.1 - SUPPLY AND SERVICE AGREEMENT - Plastic2Oil, Inc. | f8k061011ex10i_jbi.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 10, 2011
JBI, INC.
(Exact Name of Registrant As Specified In Charter)
Nevada
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000-52444
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20-4924000
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(State or other jurisdiction of
incorporation or organization)
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(Commission File Number)
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(IRS Employee Identification No.)
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1783 Allanport Road Thorold, Ontario L0S 1K0
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(Address of Principal Executive Offices)
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(905) 384 4383
(Registrant’s Telephone Number, Including Area Code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 1.01 Entry into a Material Definitive Agreement.
On June 10, 2011, JBI, Inc. (“JBI” or the “Company”) and Coco Asphalt Engineering, a division of Coco Paving, Inc. (“Coco Asphalt”) entered into a Supply and Service Agreement (the ‘Agreement”). Pursuant to the Agreement, the Company has agreed to supply Coco Asphalt on a weekly, per demand basis with petroleum distillate at a cost of $109.80 per barrel.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No.
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Description of Exhibit
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10.1
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Supply and Service Agreement between JBI, Inc. and Coco Asphalt Engineering a division of Coco Paving, Inc. dated June 10, 2011
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The foregoing description of the Agreement is not intended to be complete and is qualified in its entirety by the complete text of the Agreement attached as an exhibit to this Current Report on Form 8-K.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized
JBI, INC.
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Date: June 13, 2011.
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By:
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/s/ John Bordynuik
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John Bordynuik
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President & Chief Executive Officer
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