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Thursday, May 02, 2013 6:06:42 PM
http://www.sec.gov/Archives/edgar/data/1381105/000121390013002011/f8k041913a1ex99i_jbi.htm
There appears to be an operations issue directly related to the "new" COO, not the machines. The investor group appears split. It remains to be seen whether they ultimately support the common shareholders or their own interests.
I have observed Mr. Bordynuik at the plant. His work ethic, passion for this new technology and ability to work with others on the floor is exemplary.
I would hope that the major players in the investor group get their facts straight, see accurately where the personnel problems lie, and make haste correcting them.
I would also demand that the board candidates be seated at once.
What does it say about Kevin's values if he blindly supports Tony (a friend), who appears to have cost the company by botching operations in two critical areas-- feedstock and moving fuel sales?
In my opinion both Tony and Kevin are dispensable, but John must remain at the center of the technology he created and evolved.
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