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jjsmith

05/24/10 6:23 PM

#44370 RE: ded60 #44193

Sorry I don't believe even you actually believe what you post. JBI will make a profit even if oil is $30 a barrel. The $10 cost to produce each barrel was loaded up with extra expenses. As far as being a scam I'll trust John over anyone's word. This was/is a shakeout as anyone with any investing experience can tell.



That is what were are all waiting for, oil produced at $10/barrell INCLUDING all variable costs and fixed costs (OVERHEAD). It's gray area as to when they must meet this claim to avoid the issues involved with false and misleading statements, but my guess is if they don't start producing billions in revenue to back their $10/barrell and 2500 p2o machine claims, they are in some deep do do.