"Chrysler conducted an extensive audit and continu
Post# of 43064
Per Mr. Bordynuik in the 3Q2011 10-Q, all of this due diligence was done by various parties for months...yet somehow Mr. Bordynuik was completely unaware that the plastic wouldn't work in the processors and the other parties somehow didn't ask?? How is that possible?? What kind of DD was that??
"Management’s highest priority continues to be bringing processor #2 and #3 online so the Company can become cash flow positive."
I wonder what basis Mr. Bordynuik had in thinking that #2 and #3 being online would make JBI cash flow positive. Surely he had some sound reasoning with which everyone would agree was sound before it mysteriously fell apart for some unknown, but completely valid, reason.
I'm sure the business plans of the past weren't just whimsical fantasies of Mr. Bordynuik's mind, were they??
http://www.sec.gov/Archives/edgar/data/138110...11_jbi.htm