Nope I was dead spot on again. BINGO. I just read the PR which was written by JBI. JBI doesn't need permission from Islechem to put out a press release. Islechem is only bound by what was in their report/letter. Whatever JBI puts in a PR is on them. The Islechem letter says nothing about the product being a diesel/gasoline mix. In fact it doesn't even mention gasoline. It only says it is "near diesel". The letter is in the ibox for all to see. It is very vague and doesn't prove anyting other than the output is NOT diesel or gasoline, period. If it was a mix of real diesel and real gasoline, they would have put that in the letter. Trying to convince people of this is surely aiding the dumping of stock.
I believe the Islechem letter. JBI put out the press release, Islchem wrote the letter. The press release has alot of "fluff" that wasn't in the letter. Why wouldn't Islchem put everything from the PR in the letter with their name on it? BINGO DING DING DING DING..............BUST
Dead wrong again. Islechem let their name on the PR.
Here's the PR that Islechem lent their name to:
The "near diesel" fuel is diesel with some extra light fuel fractions (gasoline range fuel). The extra gasoline can be separated at the Company's fuel blending site or our fuel can be sold to a refinery. The Company is working with Islechem to add an additional piece of hardware to the P2O processor to separate the extra light fuel (which is valuable) from the output fuel. The company has been able to shift the output fuel range from light hydrocarbon gasoline fuels to heavy oils.
The notion that Islechem is working with JBII to separate out the gasoline from the diesel to create DIESEL and GASOLINE yet that's untrue is just laughable. Furthermore Islechem approved to have their name in this PR.
If you can get a signed statement from Islechem that says this PR was issued without their permission and that they disagree that the near diesel = diesel + gasoline, then I will cut out my own lungs and send them to you.