Just in case anyone missed this JBI argument, its worth reading again:
"... in order to believe many of the fictional arguments about JBI, one would also need to believe most, if not all of the following:
1-- Islechem, LLC got the initial testing all wrong
2-- The NYSDEC got it all wrong by issuing increasing permits for the processors over a 2+ year period of testing and evaluation
3-- The SAI Corp. 3 day continuous audit was not performed scientifically (notwithstanding the necessary boilerplate disclaimer after the leak of the face sheet was discovered)
4-- The American Society of Mechanical Engineers (ASME) does "faux science" and does not peer-review what they publish (Bordynuik paper)
5-- All of the outfits that have tested JBI end-product fuels are mistaken about their measurements and fuel quality
6-- Processor 3 has not really undergone two extended/continuous runs of about 30 and 42 days
7-- Crayola got it wrong and their partnership with JBI is beneficial to neither party
8-- Reports of fuel sales to US Steel on more than one occasion are all false
9-- If the processors are running well, then JBI should be bragging about it. If they are not bragging, it signals the worst
10-- When Heddle says he is negotiating processor sales, he is really just dissembling like Richard Nixon and blowing smoke.
Common sense tells me otherwise..."
I can't take credit for the above argument, but the positive sequence of JBI events implied by it cannot be denied. I would even add to it:
11. Heddle never invested millions of his own money recently and for several years previously.
12. R. Banerjea, JBI's new, world class CFO, actually has no idea how to evaluate start-up companies.
13. When Heddle said a couple weeks ago that JBI's current "defined strategy" now includes upcoming additions to the Board of Directors, he's just blowing smoke. ROFL!
