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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna

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To: scion who wrote (2496)10/11/2010 11:51:56 AM
From: SteveFRead Replies (1) of 53574
 
Frank Coy is a poster on the JBI "Longs" board. Here he is touting the 10K that was later deemed unreliable enough to require restatement:

jbii.user-board.net

Frank Coy

Posts: 17
Join date: 2010-02-23

Re: On spending $300K for the 10K...

Post Frank Coy on Thu Apr 01, 2010 8:22 pm
EP, now that it is out (10K) What do you think? Not so crap? I find it amazing that cashflow has covered all of the increases in expenses. I'm not sure I have ever heard of a start up matching their burn rate with revenue from operations in year one.

Debt free, any future financing does not have to be done to swap, it can go directly to P2O roll out.

I think it doesn't get any better for a company that, at the time of the report, (Dec 31) is 8 months old.

Thoughts?
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