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Tuesday, February 19, 2013 12:40:22 PM
My bigger fear would be that JBI has been buying and stockpiling large amounts of plastic over the last few years and hiding the expenses. The idea would be an internal coverup to one day start running the machines (perhaps in the last quarter) using this previously paid for plastic and showing a substantial profit in that quarter, but conveniently hiding the actual cost which is buried in past expenditures of previous quarters.
That's a great idea. Generating fake profits in this way would produce one final large spike before the scam completely collapsed, allowing all the players to dump the remainder of their worthless shares for piles of money.
I don't think Bordynuik or anyone else at JBI would have the skills to pull it off though. I think blending one drop of JBI-goo with regular fuel and selling it as P2O is an easier way for them to increase revenues.
A casual stroll through the lunatic asylum shows that faith does not prove anything. Friedrich Nietzsche
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