- Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^*

Steele Lori

2. Date of Event Requiring Statement (MM/DD/YYYY) 5/15/2012

3. Issuer Name and Ticker or Trading Symbol

JBI, INC. [JBII.PK]

(Last) (First) (Middle)

105 BRIGHTON AVENUE

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director ___ X ___ 10% Owner
_____ Officer (give title below) _____ Other (specify below)

(Street)

OTTOWA, A6 K1S 0T3

(City) (State) (Zip)

5. If Amendment, Date Original Filed (MM/DD/YYYY)

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock ⁽¹⁾	248253	D

*Table II - Derivative Securities Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivate Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)

Explanation of Responses:

( 1)

This Initial Statement of Beneficial Ownership of Securities on Form 3 should be read in conjunction with (i) the Form 3 filed by Kenneth T. Friedman and certain other Purchasers (as defined in the Remarks to this Form 3) on May 25, 2012, (ii) the Form 3 filed by Michael B. Dorrell and certain other Purchasers on May 25, 2012, and (iii) the Forms 3 filed by Richard W. Heddle, Stephen A. Mao, and Craig Park on June 1, 2012. For the purposes of this Form 3, the Reporting Person disclaims beneficial ownership of shares of common stock except to the extent of his pecuniary interest therein.

Remarks:
Between May 15, 2012 and May 31, 2012, JBI, Inc. (the "Issuer") entered into Subscription Agreements (the "Purchase Agreements") with several accredited investors (collectively, the "Purchasers"), including the Reporting Person in connection with a private placement of shares (the "Shares") of common stock. As a condition to the closing of the transactions contemplated by the Purchase Agreements, the Purchasers required John W. Bordynuik to enter into a letter agreement, dated as of May 15, 2012 ("Letter Agreement"), pursuant to which Mr. Bordynuik made certain agreements regarding the voting of his shares of Common Stock and his one million shares of the Issuer's Series A super majority voting preferred stock, $0.01 par value per share. Mr. Bordynuik is the current Chief of Technology of the Issuer and the former President and Chief Executive Officer of the Issuer. As a result of agreements related to the private placement, including but not limited to the Letter Agreement, the Reporting Person and the other parties to the Letter Agreement (other than Mr. Bordynuik and the Waiving Purchasers) may be deemed to comprise a "group" within the meaning of Section 13(d)(3) of the Exchange Act and may be deemed to beneficially own in excess of 10% of the outstanding shares of common stock of the Issuer, although neither the fact of this filing nor any information contained herein shall be deemed to be an admission by the Reporting Person that a "group" exists. The foregoing summary of the private placement and the Letter Agreement is qualified in its entirety by reference to the Issuer's Current Reports on Form 8-K filed on May 17, 2012 and May 22, 2012, the Schedule 13D filed on May 25, 2012 regarding ownership of shares of the Issuer's common stock, and Amendment No. 1 to Schedule 13D filed on June 1, 2012 regarding ownership of shares of the Issuer's common stock.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Steele Lori 105 BRIGHTON AVENUE OTTOWA, A6 K1S 0T3		X

Signatures
Seth A. Winter, attorney-in-fact for Lori Steele		6/1/2012
^** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.