InvestorsHub Logo
icon url

BRIG_88

06/23/11 10:38 AM

#115465 RE: Artiztic1 #115462

I'm gonna get warm and fuzzy over the completion of the second processor because i think the company can reach cash flow positive with 2 machines not 3 like the CEO says....i may be wrong but not by much.....at 3 it's a done deal....the company will then have enough money for day to day operations.....then the roll out/JV/financing for commercial operations can begin....TIC-TOC
icon url

quarterdeck1

06/23/11 10:41 AM

#115468 RE: Artiztic1 #115462

what publicly traded waste to energy company have you established and are currently running???
icon url

Steady_T

06/23/11 11:52 AM

#115499 RE: Artiztic1 #115462

You and I have a different take on the fuel sales by JBI.

The first announced sale was 214 barrels. Approximately 2 days of production.

The second announced sale is for 1,000,000 liters. Approximately 60 days of production.

I don't know about you, but to me the trend seems pretty clear.



That doesn't include the other smaller sales that JBI has made that have not been announced but were referred to at the AGM. JB said that the smaller sales would not be announced and that he would only announce big sales to big companies.

Is there really any question that the company can't sell all of the fuel that it can make?

As for the second processor coming online being a non-event in your opinion....Well, I disagree. A doubling of capacity is a big deal and will allow JBI to pursue larger contracts with bigger companies.

You think it should already have been done. You seemed to have missed the part where the company said that the processor was being redesigned to be modular. Spending time and resources preparing the next processor for a roll out ready design seems like a very wise use of time and resources as opposed to just getting a second processors built. Forward thinking and planning are characteristic of Bordynuik's approach to running the company