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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 (24701)5/20/2012 1:14:48 PM
From: PaperProphetRespond to of 53574
 
" He's gotten PIPE investors to put tens of millions into a technology that so far loses 15+ times its revenue in its best performing quarter."

My guess is that the actual calculation on how much the 'technology' loses as a multiple of its revenue would give you a 'division by zero' error instead of 15. I highly doubt any of those stated revenues in the 10-Q came from the sale of pyrolyzed plastic oil to outside customers and there's certainly a reason why Mr. Bordynuik stays vague about it.

I would guess if those revenues are real then they were generated by Robbin's business housed in the P2O division. That $230,000 in the 10-Q would be about eight tanker truck's worth purchased from a third party and sold to customers.