Sunday, June 19, 2011 11:36:32 AM
"the company going cash flow positive with 3 company owned machines has ZERO to do with how commercial roll out will be handled.....go do some DD--Brig
You seem to have missed my point altogether. Steady-T was responding to The Big Guy who has serious doubts whether or not this company will ever become truly profitable. Telling such an investor that the company will be cash flow positive once the two other processors are up and running at Niagara Falls does not answer such an investor's bottom line concern. Indeed, the whole success or failure of JBI will depend on the commercial roll out of the processors. That's going to entail a lot of debt in one form or another given the speed at which JB wants to bring them to market. And if, as you emphatically stated--and I pointed to-- the "3 company owned machines has ZERO to do with how commercial roll out will be handled", then to me it is misleading to say that the company will be cash flow positive when what one is talking about has nothing whatsoever to do with the expense of commercializing the processor, the very thing the company will either stand or fall on.
The fact that John now wants to make it a priority to become cash flow positive with the processors in Niagara Falls is no doubt an important move. But to me its significance can easily be over blown if the circumscribed nature of what he meant is not kept in mind, especially when trying to refute someone who doubts whether or not JBI will ever become truly profitable.
Steve
You seem to have missed my point altogether. Steady-T was responding to The Big Guy who has serious doubts whether or not this company will ever become truly profitable. Telling such an investor that the company will be cash flow positive once the two other processors are up and running at Niagara Falls does not answer such an investor's bottom line concern. Indeed, the whole success or failure of JBI will depend on the commercial roll out of the processors. That's going to entail a lot of debt in one form or another given the speed at which JB wants to bring them to market. And if, as you emphatically stated--and I pointed to-- the "3 company owned machines has ZERO to do with how commercial roll out will be handled", then to me it is misleading to say that the company will be cash flow positive when what one is talking about has nothing whatsoever to do with the expense of commercializing the processor, the very thing the company will either stand or fall on.
The fact that John now wants to make it a priority to become cash flow positive with the processors in Niagara Falls is no doubt an important move. But to me its significance can easily be over blown if the circumscribed nature of what he meant is not kept in mind, especially when trying to refute someone who doubts whether or not JBI will ever become truly profitable.
Steve
