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Wednesday, March 21, 2012 1:18:28 PM
It's because JBI is a crappy little OTC company with CAVEAT EMPTOR status because it and Bordynuik are getting their asses sued by the SEC for securities fraud and accounting fraud.
It's also because JBI loses +$1.5 MILLION/month with no end to the bleeding in site.
It's also because of Bordynuik's fairytale. The one about finding a magic catalyst on a 1970 magnetic tape that lets him convert plastic to oil at $10.00/bbl. It simply is too-good-to-be true and isn't consistent with JBI's miserable performance.
The above isn't a description of a real company, even if it got 5-minutes-of-fame on a Canadian television show, whose network has a similar name to "Discovery Channel".
A casual stroll through the lunatic asylum shows that faith does not prove anything. Friedrich Nietzsche
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