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06/21/12 11:26 AM

#187926 RE: NewMoney #187920

Why is the company wasting time and money building anything at their pyrolysis shack?

Why aren't they putting equipment where these alleged unlimited supplies of plastic are, so they don't have to deal with transportation logistics and costs associated with moving all that plastic that nobody can recycle?

This makes no sense at all.
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arvitar

06/21/12 11:43 AM

#187929 RE: NewMoney #187920

Will JBI lie to shareholders again at this year's AGM?

Last year, they said that "everything was ready to go" as soon as the air permit went through.

Then they filed this exaggeration with the SEC: , "The Company now has all facets in place to allow comprehensive commercial operations to proceed."
http://www.sec.gov/Archives/edgar/data/1381105/000121390011002890/f10q0311_jbi.htm

JBI's subsequent financial filings with the SEC showed that they were still a dismal, money-losing failure.

So what are they going to tell shareholders at this year's AGM about why nothing they said at last year's AGM was true?