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Re: Rawnoc post# 249641

Friday, 11/15/2013 11:50:27 AM

Friday, November 15, 2013 11:50:27 AM

Post# of 312102
It's probably down to $1.3 million or less not including any increased fuel sales or margins.

Selling a single processor will cover how many quarters?


Let's have a lookise based solely on numbers that do not lie...Well they are JBII's numbers so you can't be 100% certain of their accuracy <-----joke....pun intended

But given the benefit of the doubt.

JBI, Inc. Announces Highest Recorded Quarterly Fuel Production

For the three months ending September 30th, JBI, Inc. reported a total of 170,725 gallons of fuel produced

the Company reported $302,275 in total revenues

Average cost per gallon was $2.03 per gallon

The gross profit related to fuel sales, $13,686,

That's a profit of 12.47 cents/gallon. We are up to speed to this point right?

Now let's assume cash burn is $1.3 million for the sake of argument.

Using profit from fuel sales of 12.47 cents per gallon and a cash burn of $1.3 million, in order to just break even JBII needs to produce and sell _________ gallons of fuel. You fill in the blank and get back to me on how that is going to happen?

And who will buy a processor when the requirements to make a profit can't be obtained by running it at full capacity? The cost to operate it is greater than the return.


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