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Thursday, October 14, 2010 2:47:20 PM
They still have not proved the machine can turn a profit. All we have is the CEO's word that they can make fuel for $10/barrel. Sounds like a huge stretch to me. The only thing done right so far is create the illusion of P2ZERO profitablity that allowed the company to raise money in PIPE offerings and allow early shareholders and stock promters the opportunity to have liquidity to dump shares on. Very sad indeed.
It makes sense that JBII would be conversing with DEC as to detail and language in the application. This would eliminate any ambiguity up front and make the application review smoother and faster. DEC Islechem and CRA have been working together every step of the way on JBII's P2O process. Imo the company gets the permit and launches P2O......
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