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Re: CommonCents44 post# 91648

Thursday, 02/03/2011 1:44:08 PM

Thursday, February 03, 2011 1:44:08 PM

Post# of 312025
P2O is 19 months old. What's the hurry. Many on this board posted that permission for commercial operations would never be granted, it happened. Go farther back and there were those who claimed the catalyst didn't exist and they would never be able to confirm that the process works. Now we're down to will the process be profitable.

JBI have only had about 5-6 weeks of real operating time because of the holiday season. Waste Management Inc. (and any other companies JBI was meeting with) started their audits before commercial operations began but had to wait until operations began to complete them because of their own company protocols. They would need time to complete the audit of the recycling facility and then fuel production to ensure what is happening to the plastic and if they want a JV or partnership, they would have to ensure the process works. Then negotiations are completed and then the legal beagles step in to finish it up. They don't shake hands and make an announcement, it isn't how a company that size operates.

Don't get me wrong, I would love news today, but this process takes time, I can wait for the big news.


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