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jaxstraw

11/21/13 1:50 PM

#250186 RE: buenokite #250183

Sadly it has been confirmed they do NOT have flow meters on the machines. It is mind-boggling, simply mind-boggling.



Of course JBI has some sort of meter to gauge how much each machine produces.
It is incredibly unlikely to not have them or something like them.
What is far less impossible is JBI not wanting to reveal the true numbers to shareholders.
Consider the source of the 'confirmation' they don't have them.
Chris Irons.....a well known liar and a person with zero prior experience being an IR.
The most likely scenario is Irons got cornered by a shareholder who was asking tough questions about measuring how much each machine has put out individually and a semi spastic moment he panicked and blurted out that there is no way to measure what each machine produces.
This is what happens when JBI hires a brain dead chimp off a stock message board to be IR.

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Steady_T

11/21/13 3:04 PM

#250193 RE: buenokite #250183

Bullshit.

The company has scales to weigh the input materials.

Output can be measured by a number of ways. The most accurate is to measure tank levels. If Proc #3 is the only proc running at the time the mass balance was being run then measuring the tank levels is a very accurate way of determining outputs.

They could run the outputs to a tanker directly from #3 for the measuring period, for example.

Since they are using the same feedstock in #3 once the input/output ratio is determined, weighing the inputs tells you what the outputs are.

This is another case of creating false issues to whip JBI about.