What sort of "fuel" is JBI selling?
Fuel they mixed from wholesale purchases -- to juice up their quarterly report?
Isn't that why Johnny purchased that blending facility from his relatives in the first place? So that he could claim he's "producing fuel" even when the plastic fantastic machine isn't running?
Nobody has accurately stated the amount of fuel the blending facility purchased last fiscal year, or the last Q of 2011, so who really knows if the "fuel" JBI is selling is blended wholesale fuel they purcahsed, blended and and re-sold. Or if they made and sold pyrolyzed fuel, that's not broken out in the revenue numbers from the 10-K. This appears deceptive -- is it on purpose?
My belief is the amount of pyrolyzed fuel is insignificant. And the amound of resold blended fuel is most of the revenue people are looking forward to seeing on the books.
If anybody has a breakdown of expenses for the blending facility, that might help resolve the question. Or how about a breakdown of company revenues by operating business. That would be great.
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