"Steady_T" responds to naysayer skeptic's posts

One can demand things all day long if it makes feel like you are a better investor.
Having realistic expectations seems to me to be more satisfying path.

How can you expect proof of profitability when the system isn't in production yet.

By definition, any information you get on profitability at this point in time is going to be a projection. Period

--------quote---------
Mr. Bordynuik should be the one giving proof that the process is economically viable.
----------------------

There is only one "proof" of profitability and that is making money on production.

Since JBI is not yet in production, you are asking for "proof" that simply can not be provided at this time.

If seems strange to me that you ask a question that can not be answered, then hold up the lack of an answer as proof of this being a scam.

I have expectations that we will have the answer to your question in the near future. Then we will know based on solid evidence whether P2O is a profitable process or not. You are quite wrong in your logic.

While having permits and financials does not guarantee profitability, not having permits guarantees failure.

Permits are a necessary but not sufficient condition for profitability.

---------------quote--------------
The proponents should understand that JBII's process being commercially viable would a hard pill for anyone to swallow--especially in light of so many scam startups pretending to have highly-profitable identical processes.
----------------------------------

The point of JBI's process is that it is not "identical". The catalyst is what makes it different. IsleChem's data show that to be the case.

----------------quote-------------
I think CEO Mr. Bordynuik is a swindler and I'm sure many others do too. It should be up to him to help his shareholders understand why he's not a swindler if in fact he isn't a swindler.
----------------------------------

You have made up your mind and quit seeing the evidence to the contrary. It is called confirmation bias. You only take note of information that confirms your point of view.

The vast majority of JBI's shareholder already think that he is not a "swindler" and think that what JB has to prove is that he can get an Air permit and get the first P2O machine into production.

Just because many people have tried to do something and failed doesn't mean that it can't be done.

I'm sure the Wright brothers were aware of all of the people that had try to fly prior to them. They did things differently than the others.

Edison wasn't the first to try to create a workable light bulb In his lab alone they tried 6000 different materials to produce a workable light bulb.

We have a word in the English language just for this circumstance.

The word is "breakthrough"

breakthrough: Definition from Answers.com
breakthrough ( ) n. An act of overcoming or penetrating an obstacle or restriction.

If you think that the catalyst is a fraud, say so. But then you have to reconcile that statement with the isleChem data.As far as communicating convincingly to the shareholders about being able to produce Oil from plastic at a low cost per BBL...

It seems to me that most shareholders ARE convinced.

Ask the board and see what result you get.

So far most of the critics, but not all, have said that they don't own shares. I assume you fall into that category also.

As for the specific plastic mix used in testing. I'll have to agree that detailed specifics have not yet been provided. All we have been told is that it was mixed plastics of various colors.

At this point i have to put that in the it would be nice to know pile but not essential. My reasoning is that they may be cherry picking the plastic source. There is a lot of plastic sources to cherry pick from in the beginning. Further down the road that may be an issue. They may have to do some plastic sorting once the cherry picked sources are no longer enough. I think that there is more than enough margin to absorb those costs and still be quite profitable.

Selling the resulting product is just not an issue for me. Unless IsleChem's data is way off, there is a willing and ready market for the output.

I have had a little experience in dealing with the specs of crude oil from different sources. You would not believe the amount of processing certain refineries go thru to deal with Venezuelan crude. This stuff is a gift to refiners and blenders.

Getting the right level of communication has been problem for JB. That happens with someone new to the public company arena. My personal opinion is that the current lull in communication is due to legal advice as a result of the restatements and the uplisting attempt.

By the way, that closed refinery was closed, and then is or has reopened since the closing.

No VC would invest in JBI based on the public information. Really... No VC would do that.

Any VC would sign a non-disclosure agreement, get a look at the full IsleChem report, have a thorough examination of the books in far greater detail than a 10K. Oh and probably have their own engineers look over the plant drawings and construction.