If one were to take a reasoned look at the number of items that JBI has accomplished in the last 6 months, things that are required items on the path to success and profitability, one would conclude that as a start up JBII is moving forward with a steady increase in momentum.
A cursory analysis will show that the announced contracts are not sufficient to make the company profitable. It will however show that the company can sell it's product and it can get an excellent price for it's product.
The next step in the march towards profitability was announced at the AGM. Once two additional processors are brought on line, JBI will have sufficient production capacity to become, as the CEO put it, cash flow positive.
"house of cards" .... not so much. More like an excellent foundation.
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LOOK OUT BELOW!!!!!!!!!!
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That has been posted since the share price was at .51 or so.
I guess we can consign that to the same place as the "Fade".
The future's so bright I have to wear shades.