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

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To: flptrnkng who wrote (6502)	4/20/2011 9:20:23 PM
From: scion	Read Replies (1) of 53574

The Company has experienced negative cash flows from operations since inception, has a working capital of $555,783 and has an accumulated deficit of $16,286,238 at December 31, 2010. Going Concern The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities and commitments in the normal course of business. The Company has experienced negative cash flows from operations since inception, has a working capital of $555,783 and has an accumulated deficit of $16,286,238 at December 31, 2010. These factors raise substantial doubt about the Company’s ability to continue to operate in the normal course of business. The Company has funded its activities to date almost exclusively from equity financings. page 54 JBI, INC.- FORM 10-K - Filing Date 2011-04-20 sec.gov siliconinvestor.com

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