Thursday, December 2, 2010

Rawnoc believes DEC permit is imminent & says JBII has Senator endorsement


DEC UPDATE -- PERMIT EXPECTED NEXT WEEK "OR SOONER"

(1) They expect air permit only to operate and if a solid waste permit is needed at all it will be processed while they are already operating and won't stop allowing them to do full scale commercial production. As confirmed by several people who called today.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57322266 (one example)

(2) It was discovered that JBII has Senator endorsement:

https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=13Czzgcs8ypnHkqp9S_Wk0Gfuq3Q8Xta5RJcVOoZRsQp-FqwNySpmwjAjcIMD&hl=en_GB&authkey=CPep4IgM

(3) $$$$$$$. From the 10Q:

"...it is expected that the Company’s current cash balance will sustain operations until the DEC issues an air permit for our Niagara Falls, NY P2O machine. Upon receipt of this air permit, the Company expects to immediately commence P2O operations in order to generate revenue and earnings from the P2O machine"

Raw

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