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Re: Jahuel post# 255705

Tuesday, 01/14/2014 9:00:27 AM

Tuesday, January 14, 2014 9:00:27 AM

Post# of 312015
I expect that technology is pretty much finished. They can't solve the problem of toxic wastes and toxic water. Disposing of it cost 100,000's of thousands of dollars.
The product is a peanut butter like goo that's sent to a refinery and added to other products for refining.
The latest AGM provided very precise details of the progress made over the past 4 short years. JBI has evolved the technology to the point where they have a flag-ship modular processor that's capable of running in excess of 30 days with continuous clean-out, continuous through-put of over 2000 lb/hr and producing in-spec fuel.
Processors 4 and 5 are at least 75% complete and when sold will instantly provide in infusion of multimillion of dollars making the Cash Flow Positive.