Try:
function register_and_enqueue_script()
{
if('myPostType' == get_post_type() && have_posts()) {
wp_register_script( 'js_script', plugin_dir_url(__FILE__).'js/script.js', array(), '1.8.5' );
wp_enqueue_script('js_script');
$myCustomValue = array();
while(have_posts()) {
the_post();
$mypostid = get_the_ID();
$myCustomValue[''.$mypostid] = nl2br(get_post_meta($mypostid, 'custom_value', true));
} // end while
rewind_posts();
wp_localize_script('js_script', 'myCustomValue', $myCustomValue);
} // end if
}