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loanranger

01/06/13 4:32 PM

#209809 RE: the big guy #209801

"Who is it addressed to?"

The pipe investors. It was presumably a supplement to, or incorporated into, the confidential placement memorandum.

jcoukr

01/06/13 4:41 PM

#209813 RE: the big guy #209801

Whatever your take on the report may be it doesn't take away the fact it proves jbi has succeeded in perfecting the plastic to oil process.