"techisbest" opines on JBII & P2O

The problems that P2O faced would have been there whether or not the issues with the financials had taken place.

The processor is now ready to move to the production phase. It is ready to have the stack test performed so that the air permit can be obtained.

Nothing indicated that there were any serious issues with the P2O process remaining. Production P2O will be here soon enough.

Soon enough for me to continue to hold and add to my position.

If you were holding and do not believe that JBII is stronger today than it was three months ago, I certainly would love to hear your reasoning for that opinion.

The only reason I can see is that John made claims, such as how fast a permit could be obtained, that were clearly too optimistic. This does create a credibility gap.

But the problems that were unforeseen have been addressed. There will no doubt be other places where production rollout will stumble, but I think JB has worked hard to try to make rollout as simple as possible and to have as many issues addressed as possible.

The company, and the technology, continue to mature. I will be surprised if a good deal of credibility is not restored before the cold weather sets in.

I was happy to hear that the production-ready system is now also a patent-ready system.