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

To: techisbest who wrote (27432)	8/13/2012 4:30:47 PM
From: the_big_guy	Read Replies (1) \| Respond to of 53574

The unfortunate reality of the stock market (and JBI is an unknown at this point) is that companies can be almost profitable for years and years...

To: techisbest who wrote (27432)	8/13/2012 8:34:42 PM
From: PaperProphet	Read Replies (1) \| Respond to of 53574

"Not to worry. It is a statement nobody is going to just let slide." So in your eyes, Mr. Rauber is now like "Honest John" was in 2010 when he said the processor would go into full commercial production as soon as the air permit was received, right? Somehow everyone let Mr. Bordynuik slide and, after a number of other fibs, he lost credibility. But now Mr. Rauber is a fresh new entity chock full of credibility only because he hasn't lost it yet. So, Techisbest, you can see in the 10-Q how Mr. Rauber also signed off on saying the company needed substantial additional funds before commercial operations can begin. The kicker is that he still has $6.5 million left out of the $13.5 million from PIPE investors in the first half of the year. So if Mr. Rauber still needs substantial funds...and he expects to burn through $6.5 million before needing extra funds...then what is the scenario in your mind that says JBI will be cash flow from operations positive? Do you think he needs to burn a substantial amount of extra money in this half year before he's suddenly generating cash? What do you think is happening? Some multiple of $6.5 million and half a year is needed to fix the drum which originally was only part of an $80,000 unit new and only which takes three weeks to deliver? Please give us your speculation about what needs to happen in this quarter and the next. Keep in mind that Mr. Bordynuik, whom you now trust less, is still running the 'operations', and you're only renewing your faith and patience because Mr. Rauber put a wrapper of his own 'honorable word' around Mr. Bordynuik's activities.