I think you're making it too complex. If twenty
Post# of 43064
If twenty processors need to be sold then those twenty need to be built regardless. And the price a potential customer would be willing to pay for the revenues any processor would bring in is already reduced by the operating costs that customer would have to pay to operate that processor.
Just like the revenues that a processor can bring in at JBI is reduced by the operating costs incurred at JBI.
It makes no difference who owns the processor and little difference where the processor is located. If a processor is profitable, JBI could accomplish the exact same thing as a sale to a customer...by getting a loan from a bank equal to the price they want to charge a customer and then paying back that loan with profits. Of course any bank loaning money would need evidence that the process really can turn feedstock into something more valuable...and if the last PIPE is any indication, JBI can't even convince equity investors anymore that the process might be valuable.
The only thing the change in the business plan to focus on processor sales accomplished nine months ago was to reset the clock in investors' minds. Somehow investors aren't concerned that the processors aren't being run in the meantime to pull in all of those claimed profits for shareholders' benefit.