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Re: Rawnoc post# 114729

Sunday, 06/19/2011 12:39:20 PM

Sunday, June 19, 2011 12:39:20 PM

Post# of 312102
"3 processors = cash flow positive for current operations is what they said."--Rawnoc

Thanks Rawnoc. I remember reading that but just didn't have the exact wording. I hope you're right about still being cash flow positive when the dust settles on financing the roll out. That would be great. I am not, by the way, particularly concerned myself about the roll out financing as I think the revolutionary nature of what JBI has will garner the support it needs. But I know a few people who are and who have refused to invest because they believe most start ups fail because they can never get over the expense of rolling out their product. That's why I thought it was important to note the difference between becoming cash flow positive for current operations versus being truly cash flow positive with regards to the whole business model.

Hopefully this week we'll get a clear glimpse of just what a JV agreement looks like.

Steve
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