So keep in mind that while the company says it wil
Post# of 43066
Posted On: 06/08/2014 9:55:53 AM
So keep in mind that while the company says it will take at least until Q3 to fix the condensers, you can hope that it will be early in the third quarter giving time for production for the rest of the quarter, but historically that has never been the case with JBI. Q3 will no doubt be toast and the Q3 report due in November along with it.
You can optimistically hope that the 10K due the end of March 2015 will show a profitable Q4...but that again assumes after well over five years the company suddenly figured out how to make pyrolysis profitable and that the continuous string of 'hiccups' suddenly stopped.
Typically a company wouldn't give every time line in 'quarters' like JBI does. The breaking of the plant is an event which, as far as shareholders know has stopped the entire company in its tracks,...and they don't have any hard target for getting financing and fixing it?!? That should make you wonder.
Again, anyone can e-mail the company and ask what other obstacles besides fixing the condensers stand in the way of processor #2 and #3 going into profitable full production...or ask if any feedstock has been located at any site, customer or not, which can be pyrolyzed into a fuel of higher value than the feedstock.
You can optimistically hope that the 10K due the end of March 2015 will show a profitable Q4...but that again assumes after well over five years the company suddenly figured out how to make pyrolysis profitable and that the continuous string of 'hiccups' suddenly stopped.
Typically a company wouldn't give every time line in 'quarters' like JBI does. The breaking of the plant is an event which, as far as shareholders know has stopped the entire company in its tracks,...and they don't have any hard target for getting financing and fixing it?!? That should make you wonder.
Again, anyone can e-mail the company and ask what other obstacles besides fixing the condensers stand in the way of processor #2 and #3 going into profitable full production...or ask if any feedstock has been located at any site, customer or not, which can be pyrolyzed into a fuel of higher value than the feedstock.
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Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product and/or technology even more revolutionary.