Sec Form 4/A Filing - May Samuel @ JBI, INC. - 2013-01-16

FORM 4/A Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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

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1. Name and Address of Reporting Person May Samuel 2. Issuer Name and Ticker or Trading Symbol JBI, INC. [ JBII] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 350 SOUTH GRANDE AVENUE 3. Date of Earliest Transaction (MM/DD/YY) 01/16/2013 (Street) LOS ANGELES, CA90071 4. If Amendment, Date Original Filed (MM/DD/YY) 01/18/2013 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 01/16/2013 S 6,200 D $ 0.801 418,800 D Common Stock 01/16/2013 S 18,800 D $ 0.77 400,000 D Common Stock 01/17/2013 S 125,000 D $ 0.773 275,000 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Dat e Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other May Samuel 350 SOUTH GRANDE AVENUE LOS ANGELES, CA90071 X Signatures /s/ Samuel May 01/18/2013 Signature of Reporting Person Date

Explanation of Responses:

Remarks: This Form 4/A amends and restates the Reporting Person's Form 4 as filed with the Securities and Exchange Commission on January 18, 2013 (the "Original Form 4") and is being filed because the Original Form 4 incorrectly stated the transaction date of the third reported transaction as "January 16, 2013." The transaction date has been corrected to read "January 17, 2013." No other changes to the Original Form 4 were made.The Reporting Person reported himself as a person that might be deemed to be a 10% owner of Common Stock as described in the Reporting Person's Initial Statement of Beneficial Ownership on Form 3 that was filed with the Securities and Exchange Commission on May 25, 2012 (the "Form 3"). On January 17, 2013, the Reporting Person irrevocably waived, released and forever discharged any and all rights the Reporting Person may have had arising pursuant to the Letter Agreement referenced in the Form 3. As a result, the Reporting Person may no longer be deemed a member of the "Group" described in the Form 3, and has indicated by checking the box on the cover page of this Form 4 that the Reporting Person is no longer subject to Section 16.

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 4(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).

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