Posted On: 11/03/2013 2:20:00 PM
Post# of 43066
Sorry... I must ask this question..
taken from another board:
"will JBI via P2O become that rare co. that can survive the PROs' attn?
imo with proof of concept it will >> but until proof of concept
(an 8k filed on 3's ops proving commercial viability)"
Why would any rational investor invest in anything that they did not know was commercially viable? What is the point? I mean, governments and universities can invest in it.... but why an individual? Without knowing it is viable? That is my whole point about the misleading information. It gave a misleading impression of commercial viability. And now you equate this "proof of concept" with commercial viability? and btw, I am talking about overall profitability, not just revenues being greater than sales. Anything else is just creative bookkeeping.
I know something about manufacturing, having been exposed to the Ontario automotive sector... it is all about being 2% better than the next guy. There are no Apple's in manufacturing. It is a very steady business.
Now having said this.... one has to wonder why JB would go and blow $55 Million and counting? whilst misleading people. I know how these things are done by professionals as well... they do proper analysis and know before breaking ground what the outcome will be.
Investors, just don't equate one man's seemingly irrational behaviour with suspension of disbelief. Just because the money is spent does not mean it necessarily was spent well.
So when do you think JBI will turn a profit? That is a positive eps... bottom line. On 11.12.13?
taken from another board:
"will JBI via P2O become that rare co. that can survive the PROs' attn?
imo with proof of concept it will >> but until proof of concept
(an 8k filed on 3's ops proving commercial viability)"
Why would any rational investor invest in anything that they did not know was commercially viable? What is the point? I mean, governments and universities can invest in it.... but why an individual? Without knowing it is viable? That is my whole point about the misleading information. It gave a misleading impression of commercial viability. And now you equate this "proof of concept" with commercial viability? and btw, I am talking about overall profitability, not just revenues being greater than sales. Anything else is just creative bookkeeping.
I know something about manufacturing, having been exposed to the Ontario automotive sector... it is all about being 2% better than the next guy. There are no Apple's in manufacturing. It is a very steady business.
Now having said this.... one has to wonder why JB would go and blow $55 Million and counting? whilst misleading people. I know how these things are done by professionals as well... they do proper analysis and know before breaking ground what the outcome will be.
Investors, just don't equate one man's seemingly irrational behaviour with suspension of disbelief. Just because the money is spent does not mean it necessarily was spent well.
So when do you think JBI will turn a profit? That is a positive eps... bottom line. On 11.12.13?
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