"Steady_T" debates naysayers' negative & misleading opinions about JBII

You over rate your contribution.

Anyone who has looked into the plastic pyrolysis process just a little bit recognizes that there are real challenges to be overcome.

PET plastics are just one of the challenges. The good news about PET plastics is that they are the most likely to be recycled out of the plastics waste stream because they are so valuable.

Anyone who has looked into this and recognizes the challenges would also mention the challenges of dealing with PVC plastics which you seem to have forgotten to mention.

Both of these issues can be handled by controlling the input stream which JBII has said that it will do for the initial processor.

As the Miller High Life commercial says "Handled".

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the permit is relatively inconsequential in the whole scheme of things.
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The permit is a show stopper. No permit, no P2O.

It is indeed a milestone on the road to success.

One of several milestones each of which is an absolute requirement.

Interesting that the discussion has gone from how hard and unlikely obtaining the permit would be, to how inconsequential it is now that the permit issuance is getting close.

Wonder why that is?

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....since the building has changed hands, the permits would have to be re-applied for.
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That is simply not true. So you think that every time a refinery gets sold, the new owner has to reapply for every permit to operate....... Get real.

Permits transfer with ownership.

Like I said, it has to be done successfully the first time. So far as has been amply posted on this board there is only one or two pyrolysis companies operating at this time and the question of profitability has yet to be answered for those few.

Bigger isn't better if you out grow your input resources.

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and i don't want to be the first one to invest in anything... first ones pay the price.
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I suspect that a lot of the larger companies that might be interested in plastic pyrolysis think the same way you do.

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speaking of efficiency. i worked on a refinery job in sarnia, Ontario. I was told that the piping construction had to be accurate to within 2% tolerance for the plant to be profitable. Question: if tolerances are that tight and profitability is that sensitive, how can jB's claims be true?
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Refineries operate on very narrow margins in a highly competitive market place. The technology is very well developed. Very different from the environment JBII will be working in. An apples and oranges comparison.

After the process has been proven profitable larger companies may move into the market space or may try to buy out JBII.

The best proof will come from the PR's that will be issued when the product is sold. Maybe we will have to wait for the revenues to show up in the quarterly reports.

Until then we wait.

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Please show me a post where anyone ever said they don't want to see JBI succeed..
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Ok ya got me.....

The posters that repeatedly have posted that "this is a scam, it will go to zero, it's all lies" etc. have not posted the words "I hope this doesn't succeed".

I leap to the conclusion that they didn't want JBII to succeed. Somehow I'm still comfortable with that conclusion.

It is not to the companies benefit to share its potential purchasers information. This may come as a shock to you , but there really are people out there who do not want to see JBII succeed.

That $1 / year salary he's taking is a sure indicator of self enrichment.

Then there is the $180k/ year he will get after the permit is issued. Not the path to major wealth either.

Before you bore me with recitations of past history of which I am familiar, it seems to me that JB has plenty of skin in the game.

JB will make big bucks when the share price goes up .... along with the shareholders.

If you really have to have an issue with JB... it will be in a year or two, after the company gets rolling. Then we will see what he does with his preferred shares and how he exercises that power.

That issue won't be significant for the immediate future. For the present it provides an excellent take over prevention device.