News Focus
News Focus
Followers 31
Posts 3557
Boards Moderated 0
Alias Born 07/28/2007

Re: loanranger post# 243178

Friday, 09/13/2013 7:15:53 PM

Friday, September 13, 2013 7:15:53 PM

Post# of 312101
This implies that the kilns and towers are custom items of the type I describe. They are now part of the Committed Cost of #4 and #5. JBI is going to have to pay the vendor for work completed to-date, and custom items like this are significant cost items.

This means if JBI were shut down tomorrow, those items would show up as debts. That is the definition of "commitment".

If they do not go ahead with #4 and 5, this investment would be a bad business decision and a loss for the investors of JBI.



Lookout Below!!!!!!!!!!

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y