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Re: Scandle34 post# 104587

Friday, 04/29/2011 12:35:17 AM

Friday, April 29, 2011 12:35:17 AM

Post# of 312102
Maybe, but not sure if it will need that much volume. At present, I don't plan to sell much in that area, and don't know a lot of people who plan to either. I agree it will take a good deal of churning, but maybe not quite that much. $10, and really $20, seem as close as a guarantee can come, as far as speculation in this realm of the universe goes.

If you had the means to make an offer on JBI's technology, and you knew that a few other players were playing the same game you are, what do you think is a reasonable offer to buy JBI out, if they proved the profitability claims of the processor on the 20 ton and then on the 30 ton processor?

I think around $2 billion is a fair offer, at that moment, but it is all subjective. Not that JBI should take that, but that's what seems like the fair offer if John just didn't have the passion to do any of the heavy lifting of the commercial stage.


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