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Re: BeerIsGood post# 256590

Wednesday, 01/22/2014 4:51:31 PM

Wednesday, January 22, 2014 4:51:31 PM

Post# of 312015
with the stock in the toilet, I would think they would be trumpeting any "progress payments" from the roof.....or even a hint of sales, look how RKT was milked for the good PR.....

my opinion is they are desperately shopping for a buyer still, whatever the percent completed is, or how it's defined, or where it's stored.....from the last draconian layoff 8-K they could have easily cut "those engaged in processor sales" if they already had someone locked to buy these x% completed processors.....(then hire sales back later on, once they get over the hump of selling what they already have):

On January 3, 2014, the management of JBI, Inc. (the “Company”) announced to the employees of its production facility in Niagara Falls, New York its plan to reduce its workforce by twelve employees (representing approximately one-third of its workforce) in an effort to further reduce operating expenses and extend its cash position. The reduction plan was effective immediately and only included non-core function employees who were not primarily engaged in fuel production or processor sales.

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