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loanranger

08/18/11 1:54 PM

#130007 RE: Commando911 #129948

"He didn't say they were selling fuel. Just filling tankers. I have asked numerous time about revenue and sales and I have yet to get a straight forward FACTUAL answer."

Assuming this exchange, which I copied but didn't listen to, is being reported accurately, he would have to have been responding very deceptively if his "filling tankers" answer was not meant to indicate that they were selling fuel (versus providing fuel for testing).
Host: John, when would you hope to start posting sales?

JB: Now. This week.

Host: Actual revenue?

JB: We’re filling tankers at the site now.


We'll have to wait for the filings (obviously) for a FACTUAL answer, but I posted the above to indicate that clearly, to me at least, we were being told that fuel was being sold on 4/27. Well before this: "Coco is the biggest deal we know of and that was signed around June 10th." In the small cap environment, looking for a FACTUAL answer about revenues before they are actually reported is a dangerous endeavor. Sometimes one is better off not getting an answer.

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FrankLind

08/18/11 6:58 PM

#130038 RE: Commando911 #129948

Companies, despite what lab tests say, will want to run the fuel through their own machines first.

They will also want to test wear, so testing over a period of time may be necessary.

Of course, there will be limits to this in terms of how much fuel JBI gives away, but if it helps secure multi-million/billion worth of future fuel sales, I think its worth it and good business sense on the part of JBI.

After all, they stand by the effectiveness of their process.