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greedy__malone

02/13/14 5:58 PM

#258872 RE: Village_Pub #258866

Simply because JBII has been unable to perform at a level they proclaimed they could 5 years ago doesn't allow them to continually use the term "startup" to explain their endless losses and set backs. They aren't a startup. They are a company that is unable to implement a profitable business plan based on their own insane projections. 5 years ago JB laid out a business plan. The stock traded at insanely inflated values based on hype, promotion and the selling of the plan to investors. That plan has resulted in total failure and the business is systematically shutting down due to lack of funds to operate. Until they secure funding or sell a processor they are on a very quick path to the corporate graveyard.
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retiredptt

02/14/14 8:43 AM

#258906 RE: Village_Pub #258866

Lets not rewrite history. There was no ongoing conversations about equipping Heddle ship's with processor updates throughout 2010, 2011, 2012 and 2013 then the casual decision to table the topic after Processor 3 to build the 2 additional processors you referenced (processors 4 & 5).

There is no truth to this unless you have anything you can reference concerning a P2O ship plan being tabled on or around the time JBI began planning for Processor 4 & 5.