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Re: FrankLind post# 199929

Saturday, 10/13/2012 2:14:18 AM

Saturday, October 13, 2012 2:14:18 AM

Post# of 312015
I am not accusing anybody of anything, just making observations. Maybe there is another version of the report out there that JBI is referring to in it's PR, maybe there is some confusion in IR.

What is interesting is that JBI has really gotten itself into a situation now. This kind of information is normally extremely sensitive. People sign Confidentiality Agreements for a reason when it comes to anything to do with Margin Analysis, Pro Formas, or these kinds of Front-End analyses. Something like this should never come into the public domain. I am sure that JBI's competition is very interested in this document!

But, why would JBI validate it by announcing that it is real? I would have been better to just ignore it. They have effectively said, "it is real, but you can't rely on it", with absolutely no backup behind it. Well, that is great. It is pretty powerful stuff, so what if this news caused a stock price rise? What if the plant does not meet these targets? Investors can say they have been misled.

It obviously had no serious effect on the stock price today.

Someone should contact IR and ask for the full report, or at least some backup for the numbers.