Might want to try reading your own copy and paste:
"In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of JBI, Inc. as of December 31, 2011 and 2010 and the results of its operations and its cash flows for the years then ended in conformity with accounting principles generally accepted in the United States of America."
What part of "in conformity with accounting principles generally accepted in the United States of America" is confusing?
It's clear as day with neon flashing lights that the auditor's opinion is that the financial statements fully and completely in all material respects agree with GAAP accounting.
Let me know if you have any further questions.
Market Data 
Markets 
AI
