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Tuesday, March 05, 2013 7:01:21 PM
Is this true?
If so, how will the shareholders know if JBI has purchased plastic and how much they pay for it?
Will it be a line item in expenses?
Will the value be revealed?
Or will it be grouped into some arbitrary category that is easily overlooked or impossible to breakout? (like how they mix revenues in a way that obscures P2O production).
Maybe this has already been done over the last year or two... or four???
The point here is simple-
It is impossible to run a P2O machine at a commercially viable level since the cost of the plastic OR the cost to process FREE plastic is higher than the value of the oil that can be made from it.
Therefore;
JBI is in a position to demonstrate production and report the numbers. In order for them to do this they must SPEND more for feedstock than they COLLECT in oil sales.
So IF they report ANY significant oil production in Q4...
How will anyone know if they did it AND actually made a PROFIT?
With $55,000,000 in expenses so far, is it possible that there are hidden costs for plastic?
Could JBI FAKE profitability??? Commercial viability???
Could JBI have made an assertive effort to wiggle around the numbers in a way that allows them to gain from doing this?
Let's face it, if they provide validation to commercial viability it could do wonders for them.
If they get creative on the books and massage the numbers for the reports they could very well FAKE IT for a while and HOW WOULD YOU REALLY KNOW?
MOTIVE-
Time and Reality has forced JBI to PUT UP OR SHUT UP
They know they can not P2O for profit (hence the 4 years of not running and constant excuses)
They now need a LAST HURRAH in order to CASH OUT
What better way to pump the price of the stock, FAKE VIABILITY
How would you know?
Until your investment goes down the tubes once they-
"go on... take the money and run
Hooh hooh hooh!
go on... take the money and run
5x rapid clap
Haaah ooooawoll"
steve miller
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