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Re: KickinChicken post# 9834

Thursday, 06/02/2022 4:33:03 PM

Thursday, June 02, 2022 4:33:03 PM

Post# of 27569
I did some Google searches on Jalaber Diffusion. They have been in business for about 19 years and are thought to have about a dozen employees. They are in the recycling business offer machine rentals and processing. According to their published accounts, they have about 600k in paid in capital and 19 years worth of retained earnings of about 4 million.

While they appear reputable, they are in fact a small company with total assets not that much larger than a Wendy's store. So, it is clear that they are not an industry heavy weight. Not even a feather weight. The non binding alliance with our company is a leap of faith for them to get them to the level that they could appear on anyone's radar.
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