hi fellow jbii longs. long time since i've posted. it's usually when lots of banter back and forth between longs and bashers. last time i posted is when there were questions regarding the permits. i ( along with LTG and others) actually called and spoke to david denk and he confirmed that the DEC saw and loved the process.it has since been proven that the longs were correct and the permits has since been issued.
now i am posting because i just got off the phone with john zervas in IR. I inquired about the aforementioned "dozens of potential customers". not only did he confirm that we do indeed have dozens of potential customers, but we are "IN THE PROCESS OF AQUIRING CUSTOMERS". of course i asked for a time frame but we all know how vague IR can be. he just said we were very close. i also asked about the amount of fuel we were giving these potential customers. he said they start with one gallon and then 200 gallons. ( i believe it's been alledged on here that 3-5000 gallons were used for the testing.if so, that's not the case. then i asked him if we gave them one gallon and it worked, then why the need for 200 gallons? he said they use them for different testing and processing. i didn't argue and accepted that. i also asked if we "gave" them or " charged" them. we do indeed give them the fuel to test. he said that's what is necessary to attain their business. to me, i think it's a kick in the bucket and if we do get these customers, these 200 gallons will be nothing compared to the tons they will be buying going forward.imo, smart/good business.
on another note, i also asked about the potential of going on a higher exchange.( tsx,nasdaq or nyse.of course he told me that JB definitely wants to uplist but the company feels now is not the time. they want to wait until they continue to establish more long term customers and generate more revenue. with what's going on with jbii right now (too much of the unknown due to silence regarding the 2nd processor )( which btw, he told me they are "very close"),sales, JV'S, etc). as much as we all want to uplist to another exchange, i'd have to agree right now is not the right time. i do however do believe there will be a right time and when that happens, that will mean we will have more customers, jv's and making a ton of money. it's been a long time coming but i definitely believe our time will come.. and soon! we have waited for a longer time than expected for JBII to do it's thing but when we do, there will be a lot of WEEEEEEEEE'S and BOOYAAAAAA'S out there. ok. i'm done writing this book.if anyone took the time to read all of it ( sorry for blabbing) you can believe what i wrote or not. i did speak to john zervas and that is what he told me. btw, i won't be taking any question from any bashers. i was being honest when i told you what david denk ( from DEC) told me and i'm telling the truth now. i'm just pissed that i don't have any dry powder because like a fool, i put the rest of my liquid money when the announcement came out for permits finally being issued. once again, patience is a virtue but in the end, i think it will pay off quite handsomely. ok. that's my post for the year. lol..... good luck my fellow longs and GO JBII !!
