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Gold/Mining/Energy : Plastic2Oil, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: zeptepi who wrote (427)9/29/2012 11:04:57 AM
From: arvitarRespond to of 621
 
Also, JBI would be having to raise their next PIPE about now, or they'll run out of cash very soon. What share price would be required to entice another round of investors to give JBI another quarter's worth of cash to burn through? $0.20? $0.10?

Could be JBI's only options to stay alive are to either sell another 100-200 million shares very cheaply, or do some death spiral financing on suicidal terms.



To: zeptepi who wrote (427)9/29/2012 3:00:09 PM
From: RawnocRespond to of 621
 
JBII will likely be cash flow positive, profitable, alive, and well while that ridiculous SRSR scam is dead that I've been warning you about for 7 or so years.

JBII has developed the first and only viable green energy process in history and its NYSE: RKT CEO and NASDAQ: NSIT CFO forecast to be cash flow positive in the quarter that begins in 3 months -- or sooner.