Wednesday, March 27, 2013 6:42:27 AM
...and way too few objectives met...
...and way too few credible accomplishments achieved for this company not to be justifiably perceived as a possible scam by an objective person...
...anyone can make oil from plastic - in a garage, in a backyard, in a high school science lab...
...but no one can do it profitably...
...JBI Inc's entire P2O business model is based on the ambiguous and dubious claim that they use a "magic catalyst" unearthed from a 1970's NASA tape during their P2O process ; this assertion is eerily similar to claims made by other recent pinkie scams which promise to be game changing, once-in-a-lifetime opportunities, but which all eventually fail and disappear into the pinkie graveyard never to be heard from again...
...of course the purveyors of these scams immediately begin a process of reinventing themselves and shortly they are touting the next "game changer"...
...if one half of the claims made by JBI Inc officials were true, this company would have been profitable three or so years ago and would not have to continue to raise money with PIPEs at steep discounts...
...all one need do is read JBI Inc's filings to know what they have been claiming is not backed up by the numbers...
...extreme caution urged here, folks...
...and perform your independent due diligence to what you see passed as due diligence here on this board...Duke...
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