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Re: Eliot Ness post# 246290

Wednesday, 10/09/2013 5:10:06 PM

Wednesday, October 09, 2013 5:10:06 PM

Post# of 312030
Then how come Heddle may not be taking a salary? I think he put 3 million more of his own money into JBI within the last few weeks for a few reasons:

1) Heddle sees that JBI is on the cusp of becoming the first successful green recycling company

2) Heddle knows how to run a business and make it grow-up (see Heddle Marine)

3) Heddle has participated in more than one past JBI private offering (PIPE)

4) Heddle has therefore followed the company closely over the years

5) Heddle knows how to evaluate a company's business model and structure operations to improve the balance sheet (see Heddle Marine).

6) Heddle sees something he likes in Processor #3 operations

7) Heddle has a track record of success

8) Heddle plans to validate the economic viability of JBI, because Bordynuik now has the technology ramping up to the metrics already validated by reputable third parties

9) Heddle may not even "need" a salary if this train is really running now.