New Topic, JBI Profitability...How Will You Know?
Based on what I have read here it seems that JBI is less than forthcoming on financials and details that are provided to the public and its shareholders.
Is this true? open for discussion
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 fuel production numbers).
Maybe buying clean, sorted plastic has already been done over the last year or two... or four??? (How Do You Know?)
The point here is simple-
It is impossible to run a P2O machine at a commercially viable level, to produce fuel, since the cost of the plastic OR the cost to process FREE plastic is higher than the value of the fuel that can be made from it.
Therefore;
JBI is currently 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 fuel sales.
So IF they report ANY significant fuel 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 fuel 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
