Any company, public or private, that is currently
Post# of 43066
Posted On: 06/05/2014 5:16:13 PM
Any company, public or private, that is currently running some process converting waste to oil, could be considered to be doing it better than JBI sitting idle for the last 5 months. Whether any of them has a process that can operate at less of a loss than JBI's might be another criteria. However that type of comparison would be impossible to make, since JBI has never provided enough information for anyone to make such an evaluation. Possibly, the companies on nano's list don't provide enough information to make such a comparison either. In any case, it is currently impossible to make any comparison beyond who is active and who is sitting idle.
Why would it matter if such a company is private? Whether public or private, any such company that is actively running a pyrolysis processor would represent an alternative opportunity for deep-pocketed private investors and funds. Just look at everyone's least favorite company, Agilyx. Not only have they received tens of millions in financing from Waste Management and a host of the most respected venture capital firms in existence, but also recently from a famous billionaire tycoon, Richard Branson:
http://www.virgin.com/richard-branson/another...zero-waste
Why would it matter if such a company is private? Whether public or private, any such company that is actively running a pyrolysis processor would represent an alternative opportunity for deep-pocketed private investors and funds. Just look at everyone's least favorite company, Agilyx. Not only have they received tens of millions in financing from Waste Management and a host of the most respected venture capital firms in existence, but also recently from a famous billionaire tycoon, Richard Branson:
http://www.virgin.com/richard-branson/another...zero-waste
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