IW,
Thanks again. Perhaps they have all the information at hand as you believe they must. I'd be interested in hearing it too.
Yet given the February PR and the 10K, it is evident the processor itself is not running efficiently. If this is not fixable, or if the HTF doesn't do the trick and they are sent back to the drawing board again, it won't matter what their great plans are for speedily getting approvals in other states and the like.
If the machines were commercially viable as they currently are they would have already had some installed elsewhere by now. But they aren't. That is why they are adding the HTF: to make them commercially viable. So I'm more concerned with whether or not the "bread and butter" of this company is really a solution for the waste plastic problem or not. This question has not been answered. And a bunch of people just bailed because the data the company did give us strongly suggests they are stuck at an impasse, and one they've been stuck at for months on end.
I happen to believe that those who bailed read the situation incorrectly. But I certainly think the data we got warranted their concerns. For it doesn't matter if JBI has gone further along the road of commercializing a P2O system than any other company if their system remains too inefficient to install out in the field. So the issue at hand for me is the processor itself.
You're of course right that there are a ton of logistics that go along with making this a viable business. But after two years of hype about the roll out with no cigar, I'm thrown back to simpler questions, such as whether or not JBI actually has what I thought they had. You evidently are already convinced of this. I need more proof. But I'm willing to stay put because they have identified the impasse, identified a way to address it, tested the hypothesis, and got concrete results from a third party source that this modification will get them past this current inefficiency impasse.
Still, I feel it must be admitted that while all this may be a 100% true, if management is unwilling to tell us that the data they collected about HTF assures them that the processors will gain a big enough boost in efficiency to install them in Jacksonville, then it means that the HTF "solution" is only a partial fix, and further substantial delays are on deck. It's the sin of omission: state the facts truly, just leave out, omit, an absolutely crucial bit of data so that the real question, whether they can bring the machines up to commercially viable levels of efficiency or not, can't be answered.
As I quoted before, the 10K makes it perfectly clear that they know what percentage of efficiency increase the HTF system will bring to the processors. And therefore they should know right now whether or not that percentage of increase will do the trick or not. Yes, of course they will go on and on refining the processors. But that's not what I'm talking about. Will the HTF transcend the impasse that they are at or not?
