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Re: Rawnoc post# 207211

Friday, 12/14/2012 11:52:03 AM

Friday, December 14, 2012 11:52:03 AM

Post# of 312102
Dead wrong, yet again. Not unlike the media credits that were touted as being well accounted for under GAAP (prior to the SEC's investigation that showed otherwise) that were then touted as being "a single line accounting error" and that the SEC was on a witch hunt; again the theme continues to dismiss glaring realities, but this time it's being touted that waste plastic from Madison county is free from any non conforming material. Just like the media credits, the blame went to DOMARK because DOMARK claimed that the media credits were on the up and up.

JBI will need to carefully sort the junk coming from Madison county, because they can't turn around and blame the transfer station for previously documented PVC and vinyl that was found in the waste stream, and will likely stand a very high chance to be found in the waste stream moving forward (assuming this ever does move forward, which is very debatable). JBI can't afford more batches of contaminated "fuel" as has been the case in the past, according to documented narration by JBI in their SEC filings, nor can they afford to run afoul of the DEC regulations placed upon them, nor can they risk having to shut the fussy beasts down for more fouling problems arising from sub-standard materials.

It would seem that you clearly misunderstood again.


The NYSDEC is all over it without my help lol. The feedstock is neatly handpicked, sorted, baled, plastic-wrapped, and then handed with a plastic bow on it for JBII
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