WestRock Company (WRK)

[mahatmapaul]

Yesterday, one of the JBII "longs" posted that he faulted RKT for "unwillingness" to share some of the expenses entailed by the "agreement".

So, as predicted, RKT is now being "thrown under the bus" to explain the absolute lack of any action regarding this "agreement" with JBII.

I CANNOT BELIEVE THAT ANYONE COULD BELIEVE THIS .... YET SOME DO

Read the response below for details of this very inaccurate (some may say "deceptive") post trying to shift blame to RKT.

Simply unbelievable. RKT investors should feel insulted by these types of posts, so typical of MB posts that pump "shady" (IMO) enterprises. And, this poster has posted this "RKT is unwilling ..." lie more than once, even after IRREFUTABLY being shown that the agreement with JBII puts responsibility for all expenses on JBII. And, he/she will probably post this lie again.


jaxstraw Sunday, 03/30/14 02:47:54 PM
Re: <iron eye> post# 263637
Post # of 263750

JBI signed an agreement with Rock Tenn in 2011 that says:

"JBI shall, prior to commencing construction, installation or operation of any improvements or the JBI Machines, obtain, at JBI’s own expense, all governmental approvals and permits as may be necessary to comply with applicable Laws."

"JBI shall,at its sole expense, supply, install and begin operation of:
(a) the JBI Machine as described in an Agreement Addendum;
(b) Each subsequent JBI Machine shall be installed in accordance with each Agreement Addendum; and
(c) Any other equipment, structure or other items described more particularly in each Agreement Addendum

Good grief.....how did this possibly morph into this bulls&&t ?

The RockTenn "opportunity" involved significant infra-structure and permitting costs with a company, RockTenn, that has not yet shown any willingness to participate in sharing those costs to implement the installation of JBI processors at their sites.