The best advice I can give to this message board i
Post# of 43064
Posted On: 05/01/2014 1:38:44 PM
The best advice I can give to this message board is for people to try to think objectively about what they're hearing. Consider whether JBI's problems are 100% related to FUD as you're being told by many here or whether at least some of the blame should go to JBI itself for some self-inflicted problems.
The best step a person could take is to e-mail JBI and ask whether there's any evidence that what comes out of the processor is worth more than the feedstock going in. A person could also ask what's holding up that profitable operation of processors #2 and #3. Processor #2 was supposedly fully operating in February 2012. Processor #3 has been good to go except for a slow startup for about a year.
I understand that many don't want to ask IR those questions for various reasons. Although it's not as fast, an alternative would be to draw a line in the sand. On August 15th, it will have been a year since the focus on processor sales started. If there's not any evidence of a *completed* sale by that time, it might be good to cut bait. Pick any time line where you feel comfortable.
Keep in mind that Mr. Bordynuik can change business plans and keep things fresh for virtually forever, until investors decide to stop funding him. Investors are never given any excuse why the previous business plans are abandoned but always pin their hopes on the new, fresh business plan put out by Mr. Bordynuik. So far none of the changes in business plans have ever panned out. With a highly profitable process such as what Mr. Bordynuik claims to have, virtually any business plan should work. They never do.
Barring any of the above advice, at least follow the adage of not putting more money in JBII than you can afford to lose.
The best step a person could take is to e-mail JBI and ask whether there's any evidence that what comes out of the processor is worth more than the feedstock going in. A person could also ask what's holding up that profitable operation of processors #2 and #3. Processor #2 was supposedly fully operating in February 2012. Processor #3 has been good to go except for a slow startup for about a year.
I understand that many don't want to ask IR those questions for various reasons. Although it's not as fast, an alternative would be to draw a line in the sand. On August 15th, it will have been a year since the focus on processor sales started. If there's not any evidence of a *completed* sale by that time, it might be good to cut bait. Pick any time line where you feel comfortable.
Keep in mind that Mr. Bordynuik can change business plans and keep things fresh for virtually forever, until investors decide to stop funding him. Investors are never given any excuse why the previous business plans are abandoned but always pin their hopes on the new, fresh business plan put out by Mr. Bordynuik. So far none of the changes in business plans have ever panned out. With a highly profitable process such as what Mr. Bordynuik claims to have, virtually any business plan should work. They never do.
Barring any of the above advice, at least follow the adage of not putting more money in JBII than you can afford to lose.
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