"JBI still promised that they would be profitable. They are not"
Read More: http://investorshangout.com/post/view?id=1600...z35Kh3eouZ
The technical issues do not affect their profitability. They should be more profitable when they do operate as per the promises made. Which, by the way, they should have known.
Technical issues just prove incompetence.
It is like with classic cars. When I get my car appraised, the appraiser does not care if the condenser does not work, for that matter if the whole A/C system needs an overhaul. Likewise the alternator, or anything else mechanical. The appraised value assumes it works.
Likewise I am not going to put my car on blocks over an alternator. I am not going to stop driving it.
The JBI P2O system never has worked as it should have based on promises made.
btw I scanned the document. Boring.. not worthy of being trotted out as an excuse in a Financial Statement either.
Read More: http://investorshangout.com/post/view?id=1600...z35Kh3eouZ
The technical issues do not affect their profitability. They should be more profitable when they do operate as per the promises made. Which, by the way, they should have known.
Technical issues just prove incompetence.
It is like with classic cars. When I get my car appraised, the appraiser does not care if the condenser does not work, for that matter if the whole A/C system needs an overhaul. Likewise the alternator, or anything else mechanical. The appraised value assumes it works.
Likewise I am not going to put my car on blocks over an alternator. I am not going to stop driving it.
The JBI P2O system never has worked as it should have based on promises made.
btw I scanned the document. Boring.. not worthy of being trotted out as an excuse in a Financial Statement either.