I can confidentially say that John does not post on SMBs. I cannot say he never has, but I can say he hasn't in the years I've known him. While I do not believe the "scam" line of thought, I do believe there has been some significant mismanagement and over reach by certain large investors previously. But that my opinion only. I can say with certainty that certain previous executive managers wanted to serve me with C&D Orders for my critism of the company and their leadership. Although still currently holding shares, I have sold at a loss previously. My recent purchases were in the .12 and below range. My perception of the company and hopes for the stock have changed significantly since my original investment.
When the company changed from using waste plastic to purchasing only pristine plastic the game changed for me. And I then changed my expectations for the stock. While I still believe they can make spec fuel, I don't know if it can be made in the quantity needed to be profitable. That being said, I do believe that in the proper environment the processors can work sufficiently enough to make an investment worthwhile. Sounds foolish on the surface, I know. Since my original investment over three years ago, I have advocated for the company to align themselves with the United States Armed Services. As a former service member I can attest that the Armed Services are experts at recycling and logistics. They are also experts at pissing away money. If one to google United States Navy and Biofuel, you will find an amazing story where the Navy was paying $80 A GALLON for fuel made from algae. It really is damn near embarassing. But the radical liberal left has always found it easy to spend other peoples money as long as they can further their twisted agenda. But that's another story.... ( no, I am neither conservative nor republican btw). The Armed Services expertise in sorting, recycling and logistics coupled with their consumption of diesel fuel, would make them an ideal customers for strategically placed processors. Oh, and the labor costs are minimal also.
But that's my opinion and open to debate. That being said, my expectations for the stock have been dialed back significantly. While I do believe they may succeed at some point, my timeline has been extended alot. I don't attest that "it can never be done". Advances in chemistry coupled with super computing make nothing impossible.
They need money, they need a Board, and they need a competent CEO with experience in deftly managing a public company in an emerging sector. The risk factor for the stock is very high, a crap shoot at this point. I own what I can afford to lose. To me it's fun money. I stopped losing sleep with JBII a long time ago.
Poorly managed....absolutely. But an outright scam, I don't believe so. A manipulated stock? Probably. To what degree I really don't know. Mostly because I really don't have the time to study the topic. But all stocks are manipulated. Most know that Wall Street is a rigged game. Brokerages don't pay hundreds of dollars to former politicians for speaking fees for nothing. Nobody is that naive I hope.
Best of luck longs, we will need some. Some executive competence would help also.
And I apologize for my rambling drivel lol and my poor syntax and spelling. Too tired.
When the company changed from using waste plastic to purchasing only pristine plastic the game changed for me. And I then changed my expectations for the stock. While I still believe they can make spec fuel, I don't know if it can be made in the quantity needed to be profitable. That being said, I do believe that in the proper environment the processors can work sufficiently enough to make an investment worthwhile. Sounds foolish on the surface, I know. Since my original investment over three years ago, I have advocated for the company to align themselves with the United States Armed Services. As a former service member I can attest that the Armed Services are experts at recycling and logistics. They are also experts at pissing away money. If one to google United States Navy and Biofuel, you will find an amazing story where the Navy was paying $80 A GALLON for fuel made from algae. It really is damn near embarassing. But the radical liberal left has always found it easy to spend other peoples money as long as they can further their twisted agenda. But that's another story.... ( no, I am neither conservative nor republican btw). The Armed Services expertise in sorting, recycling and logistics coupled with their consumption of diesel fuel, would make them an ideal customers for strategically placed processors. Oh, and the labor costs are minimal also.
But that's my opinion and open to debate. That being said, my expectations for the stock have been dialed back significantly. While I do believe they may succeed at some point, my timeline has been extended alot. I don't attest that "it can never be done". Advances in chemistry coupled with super computing make nothing impossible.
They need money, they need a Board, and they need a competent CEO with experience in deftly managing a public company in an emerging sector. The risk factor for the stock is very high, a crap shoot at this point. I own what I can afford to lose. To me it's fun money. I stopped losing sleep with JBII a long time ago.
Poorly managed....absolutely. But an outright scam, I don't believe so. A manipulated stock? Probably. To what degree I really don't know. Mostly because I really don't have the time to study the topic. But all stocks are manipulated. Most know that Wall Street is a rigged game. Brokerages don't pay hundreds of dollars to former politicians for speaking fees for nothing. Nobody is that naive I hope.
Best of luck longs, we will need some. Some executive competence would help also.
And I apologize for my rambling drivel lol and my poor syntax and spelling. Too tired.
