Sunday, August 28, 2011 7:54:52 PM
(1) From the NYSE: RKT approved PR:
"We are honored that RockTenn has chosen JBI to be its long-term partner in this venture and believe this provides further validation that we have a viable commercial process to handle not only the critical issue of waste by-product but also rising energy costs.."
http://www.plastic2oil.com/news/2011-press-releases/20110808-jbi,-inc-announces-a-ten-year-agreement-for-commercially-viable-conversion-of-waste-plastic-to-fuel.aspx
(2) Proof that NYSE: RKT had to approve the words "viable commercial process"
"The Parties shall jointly plan and co-ordinate any public notices, press releases, and any other publicity concerning the transactions contemplated by this Agreement and no Party shall act in this regard without the prior approval of the other..."
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8077958
(3) From the 10Q:
"After months of comprehensive due diligence, RockTenn (NYSE:RKT) executed a 10-year exclusive agreement..."
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8113017
(4) Conclusion:
SO, we know from the contract that any press releases put out by JBII about the NYSE: RKT agreement, has to receive "prior approval" from NYSE: RKT. In the NYSE: RKT press release, JBII says RockTenn choosing JBII as a partner is validation that it is a "viable commercial process" -- therefore as part of NYSE: RKT's "months of comprehensive DD" they apparently made sure the process is indeed a "viable commercial process" before agreeing to that wording in JBII's press release.
Raw
Research & analysis on some of my favorite stocks is located on the sticky note on the SwingTrade board.
http://investorshub.advfn.com/boards/board.aspx?board_id=1781
Hertz Energy Provides Antimony and Critical Minerals Projects Update and Announces Financing • HZLIF • Dec 20, 2024 9:00 AM
North Bay Resources Announces Arrival of 42 Tons Gold Ore at Bishop Gold Mill, California • NBRI • Dec 20, 2024 9:00 AM
Consumer Automotive Finance Subsidiary Drago Knives Narrows Down Potential Partner to Manufacture Patented Throwing Knives • CAFI • Dec 20, 2024 9:00 AM
$ASNS - Is this the Next Big Cybersecurity Stock? How Actelis Networks is Revolutionizing Critical Infrastructure Protection • ASNS • Dec 20, 2024 8:50 AM
UAV Corp's (UMAV), Skyborne Technology to Build "SKY" Hangar at Its Costin Airport Scheduled for Groundbreaking Ceremony Winter 2025 • UMAV • Dec 20, 2024 8:30 AM
UAV Corp. (UMAV) Reduces Authorized Shares by 1.2 Billion, Demonstrating Commitment to Shareholders; New Authorized Share Count Approved at 800 Million • UMAV • Dec 17, 2024 12:00 PM