I appreciate the response, it is concise and well
Post# of 43064
Posted On: 11/23/2013 7:40:28 PM
I appreciate the response, it is concise and well worded, however, what does that have to do with the inevitable fact that JBI WILL go bankrupt before the end of the year unless something changes drastically. They are running on fumes now, out of cash, not paying their A/P, accrued expenses up the Yin Yank, liens against their zoom-booms.. etc.
There is an expression in Project Management, Time is Money. It is about managing both... the reality is time IS money. JBI is running out of both. In that sense the timeline is critical. It is ... about TIME.
The only thing that might save them is a mass layoff, total shutdown, and maybe a sale of the assets to some other party and some sort of business combination. The SG&A has to go... immediately.
BoD will be irrelevant, there is no time to get that in place. 8k anything, ditto.
You are talking the sale of proc #3 to a company? Not likely, it is not constructed to be sold. Otherwise, a new unit... there are lots of holes in that argument. I could drive a boat through the holes in that argument... it has to be paid for and a proper ROI analysis done...
There is an expression in Project Management, Time is Money. It is about managing both... the reality is time IS money. JBI is running out of both. In that sense the timeline is critical. It is ... about TIME.
The only thing that might save them is a mass layoff, total shutdown, and maybe a sale of the assets to some other party and some sort of business combination. The SG&A has to go... immediately.
BoD will be irrelevant, there is no time to get that in place. 8k anything, ditto.
You are talking the sale of proc #3 to a company? Not likely, it is not constructed to be sold. Otherwise, a new unit... there are lots of holes in that argument. I could drive a boat through the holes in that argument... it has to be paid for and a proper ROI analysis done...
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