Thursday, July 31, 2014 10:27:28 PM
That would be expansion of someone other entities operations.
JBI would not be in possession of them anymore thus no 'expansion' nor 'operations'.
Most likely Bordy is planning on tinkerfarking again with Processor 3.....or replacing something he screwed up .......similar to his poor judgment with the condensers. And now Bordy needs more parts.
As of March 31, 2014, the Company has committed to purchase certain pieces of key machinery from vendors related to the future expansion of our operations. In addition to the payments made to these vendors classified as deposits on assets, the Company will be required to pay approximately $495,000 upon the delivery of these assets."
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