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arvitar

07/27/12 2:27 PM

#192488 RE: Rawnoc #192485

"The Company now has all facets in place to allow comprehensive commercial operations to proceed." JBI, May 12, 2011
http://www.sec.gov/Archives/edgar/data/1381105/000121390011002890/f10q0311_jbi.htm


And now, JBI is telling us that not all facets are in place to allow comprehensive commercial operations to proceed?!?!?


Another lie told by JBI, with the intent to defraud more investors?
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NewMoney

07/27/12 2:31 PM

#192491 RE: Rawnoc #192485

Very often companies immediately shred their waste plastic anyway because it takes up the least space that way and shredders are cheap to run.

Then the problem becomes what to do with it. High quality regrind can sometimes be sold but very often not. Unfortunately much has to be dumped at the landfill.

Now there's a company that will take it off your hands and you can avoid tipping fees.

It's no surprise that they will have no problems getting all the feed stock they can handle for years to come.

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blind squirrel

07/27/12 8:34 PM

#192542 RE: Rawnoc #192485

Rawoc,

Just to be clear, I see the "problem" of being in position to feed multiple P2O machines 4000lbs/hr of waste plastic which they turn into a super clean, readily sold commodity, as an awesome problem to have too.

I was just struck anew by the plastic handling realities. Duh - if you want to make a lot of fuel you need to move a lot of plastic. It's a reminder that:

1) All of the cogs in this process need to be the right size before it runs full speed for extended periods.

2) JBI now has the management in place to effectively focus on sizing several cogs simultaneously. I assume the new COO will be taking the lead on issues like bags vs. boxes, which leaves John free to refine the processor, which leaves the CEO free to pursue strategic planning and alliances and leaves the CFO focused on the numbers. A good team, well lead, is always cable of more than an individual. It's fascinating to watch the evolving plan come together, and the polarized perspectives it garners.