InvestorsHub Logo
icon url

Rawnoc

12/06/10 1:36 PM

#80423 RE: Rawnoc #80386

DEC UPDATE -- PERMIT EXPECTED THIS WEEK OR NEXT

(1) They expect air permit only to operate and if a solid waste permit is needed at all it will be processed while they are already operating and won't stop allowing them to do full scale commercial production. As confirmed by several people who spoke to the DEC last Thursday 12/2 that it could come within 7 days. However, is that business days? Also, a snowstorm closed the DEC early that day so the expectation of 7 days could be next week.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57322266 (one example)

(2) It was discovered that JBII has Senator endorsement:

https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=13Czzgcs8ypnHkqp9S_Wk0Gfuq3Q8Xta5RJcVOoZRsQp-FqwNySpmwjAjcIMD&hl=en_GB&authkey=CPep4IgM

(3) $$$$$$$. From the 10Q:

"In speaking with various investment funds and high net worth individuals, the Company expects that once an air permit is obtained, raising significant amounts of capital for the purpose of building P2O sites will be a relatively straightforward process, however there can be no guarantee. In the event that cash is needed in the interim, JBI Inc. is positioned favorably for small debt and equity issuances."