I think you need to express your reasons for your

I think you need to express your reasons for your investment choice a little more clearly. You prefer not to invest in companies that are in a development stage, or are not yet profitable. I agree with you. Companies lke this are usually even cheaper than JBI. I am not sure what is keeping jBI where it is, probably a constant stream of new investors attracted by the allure of what seems like a great idea that could be wildly profitable. To see beneath the surface takes considerable knowledge of chemistry, industrial processes, cost, etc, some of which I do not have. You need to do some research and form your own opinion.

I do not know what a "run ticket" is, but I believe that there is no documented proof of being able to make oil for $10/barrel. In that statement I am deibeately not including the SAIC summary as proof. If you want to rely on that, there are lots and lots of companies for you to believe in based on that kind of information.

The free feedstock issue likewise takes alot of research, and I don't think on message boards you will find any agreement at all.

I used to invest primarily on earnings growth. I found too many red herrings to make a go of it. Every winner was more than outweighed by losers. Now I focus on dividends, value investing, and lastly, industries which I believe will thrive over a 5 to 10 year time frame.

Most companies that are true penny stocks, ie worth less than .50, I have obsevred just don't make it out of that price range. There are a few, which I own, that are profitable, that take years and years to get out of that hole. The profit potential is enormous, so they are enticing. Serious debt is quite common, a problem which JBI does not have. Usually after a protracted period of holding, there is some kind of result. If they are profitable, they are usually bought out. Otherwise there is bankruptcy, a Reverse Split, or some other result unfortunate to investors.... JBI does not fit in that category yet, as they appear to be able to attract investment.

If you want to see a company be profitable, or at least on the way to profitability, it looks like you should let JBI mature a bit more before you invest...