the hypocrisy on offer re: the A co.s capital raised is beyond revealing >> as one who knows VC firms and research analysts >> i find it rather amusing that it's ok to raise capital via VCs' *who btw don't fund for free* vs what JB did via JBI >> accessed capital via those investors well known >> to the ceo *returning* shares back to the treasury to fund both r&d and personnel
i also find the hypocrisy on offer re: the time the A co. has taken to evolve >> which btw is *normal* >> last check 8 years give or take >> but JBI has had less than 3 to show 2 procs and a partnership with rock tenn
the funny thing is >> in 5 years >> if JBI stands where the A co. is (they'd be current) with 7 projects in the pipeline no one here could complain >>
the key has always been the business model >> one sells machines one doesn't >> one produces *goo or as described oatmeal* >> one delivers spec fuel >> one is publicly traded with a known SS and filings revealing aspects as they evolve >> one is private
when the A co. IPO's (and that is clearly the route they are taking) all will get to compare and contrast >> 2 publicly traded co.s and then the market can make the determination which one is the 800 pound gorilla in their sector >>
some will *hedge* and buy both >>
regardless >> this is the JBI board >> there isn't any competition until the A co. is a public one
Who We Are: Privately-held recycling technology company that produces brown goo in Mason jars that needs to be refined
What We Do: Design, sell and/or operate systems which convert difficult-to-recycle plastics into synthetic crude oil while producing highly toxic gases that necessitate workers wear protective suits and gas masks
Permits: 1st to be fully permitted to operate in U.S. (OR, WI, CA) as what??
Oil Delivery: Shipped 275,000+ gallons of oil; 1st in world ( where are the run-tickets???)
Feedstock Suppliers Following Environmental Cradle to Grave Audits: General Motors (NYSE: GM) Waste Management (NYSE: WM) Chrysler Ontario Automotive Recyclers Association http://plastic2oil.com/site/current-partnerships