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GWMAN

03/01/11 10:50 PM

#94879 RE: Johnik #94878

If both permits were submitted on time, my personal guess is that the JBI permit application page on the NYDEC web site will become active again sometime around mid-March.
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duderino

03/01/11 11:12 PM

#94881 RE: Johnik #94878

"allow Respondent to temporarily commercially continue operating"...
http://www.sec.gov/Archives/edgar/data/1381105/000121390010005243/f8k121510ex99ii_jbi.htm

commercial production has been allowed "temporarily"....

that's why this statement is misleading:
"Commercial Production has been approved by the NY DEC."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60457628

could not find the "milestone dates" in "Schedule A".... is "Schedule A" hiding?

"Stipulated Penalty. In the event Respondent fails to satisfy the milestone dates imposed in Schedule A"

PERIOD OF NON-COMPLIANCE

PENALTY PER DAY

1st Day through 30th Day $ 500
31st Day through 40th Day $750
41st Day through 50th Day $1,000
51st Day through 60th Day $1,500
Each Day beyond the 60th Day $2,500