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Risicare

03/12/12 11:18 PM

#170449 RE: Zardiw #170441

But that is only 3/4 of what they would be getting running those tape machines I thought? Only like 25 million dollars not taken in by not running them for the last two years.... I wonder what they could have pulled selling pirate cable tv boxes? perhaps a jbzillion dollars?
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5dollars

03/12/12 11:34 PM

#170450 RE: Zardiw #170441

In my revenue model I use 10 barrels per hour of production. The CC had one little small tidbit that I loved. John has designed the machine for 24/7 steady state operation.

FEED THE BEAST...lol
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Ryoko

03/13/12 12:01 AM

#170453 RE: Zardiw #170441

I seriously doubt JBI is running 24/7. I tried to get them to clarify what "Full Production" meant and all I got was the usual silence. I'm getting a strong feeling of deja-vu that we're seeing another "We've begun commercial operations" style chain jerking. If they were running that hard, they would have released a PR to that effect, especially since they are thinking about doing yet another PIPE. (The cash burn seems to be out of control for what they've produced so far.)
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wEaReLeGiOn

03/13/12 9:10 AM

#170467 RE: Zardiw #170441

Oh you must be referring to the wishful thinking best case scenario that has eluded JBI to date? Now why would that change?

What we have here is the opening volley of an excuse as to why JBI's revenue numbers will be so poor, and will continue to be so poor for the foreseeable future. Now "the beast" can't be shut down, but the reasons for it being shut down will be storied and many. This also answers the question I've posed so many times about revenues: Either there is a problem procuring enough free feedstock, or there is a problem with producing the P2O juice. I wonder how JBI disposes of all this "sub-par" fuel that is produced when the machine isn't running 24/7? Wait, I think I have the answer. They sell it as bunker fuel (their most grandiose product) and/or as paving emulsion, because JBI is primarily producing sub-par fuel that they're having great difficulties unloading to buyers. This also explains why JBI never has a repeat sale to OXY, and why they "lost" the "massive" naphtha contract.

Reality is coming to shareholders from Juicy John e-mails, strategically delivered to prime them for disappointment(s).


24/7 yields about 281 barrels/day....$28K/day....Great news for JBII huh?.........z