InvestorsHub Logo
Followers 0
Posts 4568
Boards Moderated 0
Alias Born 06/08/2009

Re: Ranb2khz post# 44185

Monday, 05/24/2010 11:06:33 AM

Monday, May 24, 2010 11:06:33 AM

Post# of 312015
There's a difference between getting an air permit and actually earning revenues, unless you are the CEO who has $180k (possibly $540k) going into his pocket as soon as the air permit is issued.

An air permit does nothing to satisfy the question of feedstock and output storage and transportation or the myriad permits those will require before anything can be sold.

We still don't know how JBII is going to acquire 20 tons of plastic per day or who he's going to sell his output to. If you haven't noticed, oil prices have collapsed along with JBII's stock price.

There will be no revenue generated from P2O for a long time, if ever.

IMO this whole charade was just meant to try to sell franchises of these things, not actually produce oil for JBII to sell.