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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna -- Ignore unavailable to you. Want to Upgrade?


To: scion who wrote (7798)6/2/2011 12:14:55 PM
From: scionRespond to of 53574
 
Another month down--still nothing.

PaperProphet

So for over a year everything was in place to produce and sell fuel with the exception of the emissions permit. The permit was received six months ago. Mr. Bordynuik says he can get paid to take the waste plastic feedstock he needs and from that he can produce diesel, naphtha and fuel oil--all of which carry a very nice market price and have virtually unlimited demand with unlimited customers willing to immediately buy those commodities. Last year Mr. Bordynuik said he can make product for less than $10/bbl.

Per the 10Q, Mr. Bordynuik "has all facets in place to allow comprehensive commercial operations to proceed" which apparently supplements December's press release which said that JBII "commences commercial operation."

So there is nothing blocking commercial operation...all signs are "go"...yet nothing is being sold. A month ago he expected to sell a tanker truck of fuel oil. Before that he expected to sell naphtha. If there's no problem then what's the problem? All that happened so far is that Mr. Bordynuik launched a very successful stock pumping campaign.

If any shareholder here cares about the future of their investment, at the shareholders' meeting next week remind Mr. Bordynuik that he said he can produce 109 barrels of 'fuel' a day. Then ask him what has to happen before he can start producing and profitably selling 109 barrels a day.

When you see a company claim to have a revolutionary technology--such as being able to turn waste into fuel at 90% margins, which sounds too good to be true--and the person running the show tends to mislead people, purchased a shell company to sell stock and can't provide any credible evidence that anything he's saying is true--then you should consider the high probability that you're being swindled.

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