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Re: Rawnoc post# 199079

Friday, 10/05/2012 6:08:48 PM

Friday, October 05, 2012 6:08:48 PM

Post# of 312015
My definition of cfp is EBITDA. That includes SG&A, and everything in your post. Interest is related to debt, which is a financial issue in most companies. Depreciation and Amortization are accounting figments with zero relation to operations.

JBI has no debt, but they have invested money in those machines. Same thing. Most companies would go to a bank to get that money. JBI went to investors. The result is the same. A return is still expected.

As for how long it willt ake to get to cfp and make some serious money... there is no good way of knowing that. All I know is that many promises hae been made and deadlines set that have not been met. Seems as if there are continuing technical challenges.

On the basis of the numbers in financial statements... they are a long ways away... that is all. Seems as if they cannot run continuously.

We hope it is not when...