hhhhmmmm.... pretty funny. but, you are more accurate than not. JB has indeed said alot of things about alot of things. and, i agree, while some less than accurate, his time frames are horrendously inaccurate.
not good for investors of all classes, be it long, short, or otherwise.
i harken you to some language by the boy wonder in the latest 10Q filing. of course, we have the requisite forward looking language junk in there, but it may prove to be prophetic in nature. take a looky:
............The Company does not currently have sufficient cash for the next 12 months, however it is expected that the Company’s current cash balance will sustain operations until the DEC issues an air permit for our Niagara Falls, NY P2O machine. Upon receipt of this air permit, the Company expects to immediately commence P2O operations in order to generate revenue and earnings from the P2O machine.
boy, thats some pretty deadly language there for investors to swallow.
first, look at the bold. pretty definitive statement. no ifs, ands or buts about it. then, look at that little word[s] i highlighted in red. EXPECTS
wowwwwwwwwwww.... now that sounds a bit less definitive in nature to me, thats certain.
however, this is a good thing for JB. he is protected legally, from being naive, dumb, and inexperienced.
i.e., i cant even begin to fathom what he is going to say/do, when he [the company] realizes, and finds out that probably the most highly regulated and taxed business [fuel/oil/etc] in the world may just need a few more permits than he has reckoned with, and led investors to believe, prior to commercial production, and subsequent revenues.
if you think that JBII will be selling fuel when they get a simple air permit......... GUESS AGAIN.
hhhmmmmm.... i wonder what that will do to his "timeframes" ????
