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Re: buenokite post# 245143

Monday, 09/30/2013 10:31:59 AM

Monday, September 30, 2013 10:31:59 AM

Post# of 312025
There is always going to be a cost attributed to the acquiring of feedstock, whether you buy it or process it yourself. Hense the closing of the MRF in Canada. Someone crunched the numbers and figured overall it is cheaper to buy already processed. As long as the supplier sends the right stuff there should be no problems.
As far as the financials go the next filing will indeed be interesting. I do not expect much profitability since with the closing of the Canadian MRF there will be expenses incurred.
What will be interesting is the stats on proc #3 and how much fuel was made and how much was sold and the cost to do so.
So if production is up and cost to do so are down that is a good thing.Of course there will be negative hype based on the physical features or other nonsense regarding the founder by some crazed ex wife or her minions regardless of any positive news out of this company.
Progress is slower than some would like and the many roadblocks thrown in it's path but JBI continues to move forward despite all efforts to stop it.If anyone has seen the size of the processors up close they might understand why it takes as long as it does to build one let alone test and run one and then waiting for the gov't permitting.