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Justice37

12/11/10 2:56 PM

#81506 RE: the big guy #81498

Check the 10-Q, they have assets. JBI isn't just P2O. They also have a very bankable product in P2O. P2O isn't an idea or technology that is being developed by scratch. They have a working processor, they can replicate the building of the processor (they did this with Islechem, everything that went into making the current processors has been meticulously documented). It works so a loan, if ever needed, would not be based on an idea. It wouldn't be an issue but again, I don't think they will need one. JBI have also planned for this in the 10-Q. Hopefully it won't come to that but again, neither you nor I know for sure what the future brings.
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Rawnoc

12/11/10 3:50 PM

#81517 RE: the big guy #81498

They have $3 million in receivables and inventories plus whatever fuel they've made. Plenty to borrow against.