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Re: steelyeye post# 237444

Thursday, 08/08/2013 5:39:38 PM

Thursday, August 08, 2013 5:39:38 PM

Post# of 312016
QUOTE:
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Oh it will be... just a little "meet and greet" affair. Need a few questions answered is all.
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While we’re on the subject, many other shareholders (longs and new) including myself would like to get answer on the following question:

The story goes:

1.- Former JBI Inc.CEO Kevin Rouber (Rock Tenn employee) hires Tony Bogolin as COO (Rock Tenn employee)…and charged him with the responsibility of feed stock acquisition and management.

2.- They hire XX-Lady (Rock Tenn employee) as person in charge of feed stock procurement (purchasing dirty plastic from Rock Tenn) with nice six digit income + commission!

3.- Here is the ”unexpected” shutdown of processing due to dirty feedstock. That almost destroys machines, not to mention the cost of machines up time, the costs of input materials + commissions and the cost to get dirty plastic to landfill.

4.- Kavin Rouber leaves JBI Inc. and promotes Tony Bogolin to CEO with bonus (to complete destruction of JBI Inc.)

5.- Next step, Very nice Tony …COST REDUCTION PROGRAM….
“It is imperative that we control our costs as we ramp up production and revenue with an eye towards improving our operating results. These reductions were an important step for us. …….. involving 15 employees whose positions will be eliminated …… it will incur approximately $40,000 in total restructuring expenses… ”

6.- Tony Bogolin, did you discharge your and Kevin's XX-LADY?..
You could save more money.

7.- IMO… Tony love that position…., WHY NOT!… I would like too, no risk, great money +bonus …
FOR WHAT…-TO DESTROY JBI and NEW CLEAN TECHNOLOGY!

TONY and MATT, WE are WAITING on an INDEPENDENT BOD!

AK45SOUR