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To: Joseph B. Schmidt who wrote (27080)8/1/2012 1:30:22 PM
From: 1CoffeehoundRead Replies (1) | Respond to of 53574
 
I believe you when you say you were not compensated in any way from JBII or a third party.

It's his circuitous way of getting to an answer that makes everything he says now look suspect. For instance, JBII is a stock symbol not a company. This leaves open for interpretation that he was possibly compensated by JBI, the company, or John Bordynuik, the man. He still hasn't answered the question of whether he was compensated in cash or securities to promote the company. It was a simple question that required only a "yes" or "no" answer.



To: Joseph B. Schmidt who wrote (27080)8/1/2012 7:02:11 PM
From: jimmenkneeRespond to of 53574
 
I don't think he can prove it. His other post regarding $10/bbl works backwards (ref: Message 28160883 )

At the time JB made the claim (2009), the business model was 2 processors per site and JB suggested they were getting paid to take the feed stock (ref: siliconinvestor.com )

2 employees @ $20/hr and the catalyst cost w/ production time above 80% eat up almost all the $10/bbl

Now shred?
Add the overhead?

Can't make it happen unless he readjusts to 3 processors and a higher feed/production rate-- and that breaks the original (baseline) assertion.