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BigGreen101

03/18/14 8:05 PM

#262188 RE: stocker11 #262182

It is very funny that in Dec 2013 the next thing that was expect was another huge PIPE to keep JBII afloat. We are now in mid-March and JBII has not rolled over and died, but in fact has hired someone with very good credentials. It seems like they are slowly moving in the right direction. The new business model may be further along than anyone knows. I will also speculate several things: 1) JBII may have been contracted to test materials from potential processor buyers (thus cut everything and everyone to a minimum to prevent another PIPE) , 2) the initial processors will not be sold for over $5 million (basically JBII needs to get their foot in the door before raising the price - also falls in line with "unproven technology" or as I will call it non-mainstream technology) and 3) a sale will happen by years end if not sooner.

Been long since 2009.
Cheers