SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Global Energy Inc.
GEYI 0.00Dec 14 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: donpat who wrote (14)4/26/2011 8:18:22 PM
From: CrazyTrain  Read Replies (2) of 134
 

   Alphakat vs JBII       AlphaKat KDV 500:                 JBI Global:                       Advantage:    
Volume claims >        1kg plastic into 1 liter diesel   1kg plastic into 1 liter diesel   similar  
Speed claims >         1 ton organic waste in one hour   1800lb plastic in one hour        similar
Modular >              Finished product since 2007       Working on it?                    KDV  
Fuel quality claims >  High quality diesel               High quality diesel/gas           similar (depends on feedstock)
System cost claims* >  Several Million Euros             200k?*                            JBI-KDV?*
Patents  >             70+                               None                              KDV  
Field Experience >     Dr. Christian Koch - 20+ years    John Bordynuik - 1 plus year?     KDV 
Market Cap >           GEYI (as partner) 15 million?     JBII 100 million?                  ? (subject to change daily)


*The JBI inc cost claims were not stated as a "for sale" price but rather were claims of what it cost the company to build a 20 ton system and those estimates were made before several restatements & before the change to a modular system and no update has been offered to date. No build costs are available for the Alphakat system and multiple system discount could possibly change the cost per unit.

Both companies claim their catalyst can break the carbon chains where they choose and customize the output. Alphakat KDV 500 has a turbine and has no stack and the JBI system uses some of the "off-gas" to heat the processor.

Alphakat and JBI Global operate under different business models so comparisons are limited because JBI stated it intends to receive considerably higher percentage of the fuel produced so when looking at long range plan, the KDV unit could be considered more cost effective depending on your projected price of diesel fuel.

Another difference is that JBII is showing interest in mostly waste plastic and also claims to produce gasoline while KDV 500 claims to process all types of organic waste including plastic and has been optimized to produce #2 grade diesel fuel (Covanta has agreed to pay for ASTM diesel fuel certification).

It should be noted that the KDV 500 has been operating in Massachusetts at the Covanta plant under a contract with GEYI since June 2010 and Covanta-Alphakat has also has been given funding from the U.S. Army to develop a portable waste to energy system. The contract calls for Covanta to purchase 600 KDV500's and it was estimated up front to take 6 months to one year for testing. Also noteworthy is that the last modification to the agreement (after Covanta had been testing the Alphakat for several months) Covanta has agreed to pay more of the costs for exclusive rights to the Alphakat system in the US). Covanta spent 2 years looking at over 200 different systems before choosing the Alphakat KDV 500 for testing.

A few other issues to consider:

GEYI had used toxic financing which had destroyed the stock price over the last few years as it has been over three years since the original agreement was made with Covanta. GEYI has recently addressed this important issue with an insider group buying back 2/3rds of the remaining convertible debt and a new director spending half a million dollars to buy common stock (at a discount). Insiders have put their own money into GEYI common stock at much higher prices.

JBII has fallen so far behind time-line expectations (still no full permit) and it has done several PIPE's and is burning through cash and nobody knows where it is going or if all of the technical problems have been solved (anyone else thinking EEstor ?). At least one shareholder is involved with litigation over removing the restriction on their 1.4 million shares of JBII.

The field of converting waste to fuel has become interesting by many companies as the price of crude oil starts to make it economically attractive. This could put price pressure on the waste stream value if the price of oil continues to climb as competitors desire the waste that has the most carbon content (especially high carbon plastic).

Disclaimer: Information is gathered from many online sources and is not guaranteed to be complete, unbiased or accurate and is also subject to change without notice so do not use any of this information to make any stock decisions without verifying the information for yourself.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News