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Re: loanranger post# 209809

Sunday, 01/06/2013 4:42:32 PM

Sunday, January 06, 2013 4:42:32 PM

Post# of 312015
Maybe you missed the point. It would have originally been an internal JBI document. I don't think that the engineering firm would have been informed of the investment purpose. That would put them in a Conflict of Interest position right away. A third party engineering firm is supposed to be objective. They are not supposed to know the reason why they are doing the analysis. That is highly confidential information. Usually these things are done to look at the deployment of internal capital.

Now, I have been a member of project teams that were composed of Owner and 3rd - party engineer. Everybody knew everything from an operational standpoint. We worked as a team. If I had a job interview tomorrow and was asked details, I would not divulge. First time in my career I can ever say that, but it is true.

But, if it was intended for investors? No, no one needs to know. I am sure word would get out. The negotiations with the whales would have been confidential.

If you read it, it is really stating the obvious that the customer (JBI) already knows. In that sense, it is really meant to explain the document to an internet reader that knows nothing. In that sense, it works quite well.

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