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Re: Rawnoc post# 266410

Wednesday, 04/23/2014 9:21:36 AM

Wednesday, April 23, 2014 9:21:36 AM

Post# of 312014
So you think in the real business world (as opposed to pink sheet fantasy land) a buyer would be comfortable buying a machine knowing the only reason the company is able to continue financially is their buying one of JBI's unproven processors? LOL, yeaaah right.

Any buyer will do their diligence not just on the unproven machine but the company as well. And they will want to see a company that is well-capitalized, has a full-time management team that is competent, an independent BOD, and a track record of delivering. They will absolutely take into account public filings or lack thereof and even issues with regulatory agencies. It goes directly to the competence and integrity of management.

Now announcing some hokey "sale" will be much simpler.