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Re: ponzi_implosion post# 231703

Tuesday, 06/25/2013 10:28:40 PM

Tuesday, June 25, 2013 10:28:40 PM

Post# of 312030
Hard to disagree with that. I'm starting to think this is the beginning of the end for JBI (or at least all shareholders from 2009-2013). It doesn't appear they'll be able to turn a profit anytime soon, even if #3 performs as well as they hope it will.

Since they don't appear to have made any progress on reducing their operating costs, they will need a lot more cash to stay alive. Either they won't get it, or they will but to the detriment of current shareholders.