Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna -- Ignore unavailable to you. Want to Upgrade?

To: donpat who wrote (4052)	12/20/2010 5:27:20 PM
From: SteveF	Respond to of 53574

Fined yes, physically shut down I doubt. They'd have to go to court and it would take forever. The hefty daily fines don't kick in for a few months after Mar 1. I don't think any of us expect this charade to still be going on by next summer. IMO they'll just move it to Canada and start over with the permitting process. The only reason it's in NY to begin with was to hype US franchises (all the other pieces are now in CA). That angle will be going away shortly (JV's now need their own recycling centers and blending facilities apparently). JB will then operate his P2O machine unprofitably until the money dries up - maybe loans from the same people behind the various acquisitions (from the proceeds of their stock sales and using the original assets as collateral). Then comes bankruptcy for JBII, the creditors take their original (now improved) properties back and everyone walks away with what they started with plus the remaining proceeds from their stock sales. That's how I imagine it anyway.