Ummmm... you missed this part a bout JBI... try ag
Post# of 43064
Quote:
So you do not care for the topics on the minds of shareholders who have been in JBII since TRTN days! Those of us who have seen the milestones reached proving P2O works are quite happy to continue holding as the company evolves to find ways to commercialize on P2O and begin positive revenues!
What we dislike intensely is the fact that SEVERAL groups have reason to feel threatened by the LONG TERM impact of JBI and have loosely banded together to ATTACK RELENTLESSLY for almost 5 years!
SHOULD YOU OBJECT to that premise... you will have to refute the following facts:
*JBI's P2O threatens to remove a lot of plastic from the trash burners' waste stream... which causes them to lose money through rising BTU costs and having to handle larger amounts of input for BTU output (Covanta certainly comes to mind as threatened),
*NYDEC has repeatedly renewed/extended JBI permits... so are they in on a scam, or verifying P2O works... their validation MUST be negated to diminish the achievements of P2O,
*The fact that one of the convicted Welland Three (http://lighthouse22.com/jbi-order.pdf)
is a Canadian plastics recycler
(sometimes when not posting hundreds of opinions on SMBs & pasting thousands of links)
UNDERSCORES the obvious regarding the threat to such business entities,
*any plastic pyrolysis that produces goop, wax, grease, or ash cannot hope to successfully compete with a processor that produces (selectable) spec fuel/product outputs that require no further processing in order to be useful to an end user.
There are more facts that exist regarding JBI, but these four are sufficient to mimic the stated intent of the Welland Court decision with respect to the Welland Three. (This is an obuse statement I'm making... the meaning, IF you cannot fathom it, is available via a PM.)
Maybe you can show uds just how JBI is a scam with fewer than 100M shares after 5 years.