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


To: Steady_on who wrote (24865)5/23/2012 1:52:46 AM
From: PaperProphetRead Replies (1) | Respond to of 53574
 
"If they get the processors to run at the projected 75% up time, then what are your expectations?"

My personal expectations are that the claim of a $10/bbl cost for a crude oil equivalent or even diesel from plastic is a completely baseless claim generated in Mr. Bordynuik's mind. Therefore, Mr. Bordynuik won't operate at 75% uptime for a quarter because that's money lost which he could instead be using to line his own pockets...unless he felt doing so would give him a huge bump in investment then he might fill up those tanks from the blending facility with pyrolysis oil.



To: Steady_on who wrote (24865)5/23/2012 2:05:03 AM
From: PaperProphetRespond to of 53574
 
Keep in mind that Mr. Bordynuik also said he would be purchasing from third parties to make up the difference between what he can theoretically produce and what customers demand. There's no granularity in the 10-Q as to how much those purchases might have been...or even if that was eight tanker-truck's worth simply purchased and resold, accounting for 100% of the stated revenues.

There's a lot of information and misinformation which you need to both trust and assume your way through before you can come up with an assessment. And again, I'll point out that you can ask direct questions via e-mail to Mr. Bordynuik for clarity since you undoubtedly see that you don't have all the information and you're not at all puzzled why there's such a lack of transparency from Mr. Bordynuik.



To: Steady_on who wrote (24865)5/23/2012 2:14:25 AM
From: PaperProphetRead Replies (1) | Respond to of 53574
 
Let me just ask you this point blank, Steady_on: Do you think it's an unreasonable or stupid question to ask Mr. Bordynuik what still has to happen before the processors can be placed in continuous commercial operation?

Do you think it would be unreasonable to ask him to clarify whether or not "...as of the date of this filing, operates two processors..." means that the processors have been running continuously at 75% up time since the 10-Q came out?

I see those as very valid (and extremely important) questions and I just want to know if you agree that they're valid or whether you think I'm way off base.

Keep in mind that in a normal company, shareholders wouldn't have to ask...but poor Mr. Bordynuik has such an apparent poor grasp on the English language that being able to clearly and unambiguously communicate the status of the processors is beyond his capabilities. As such, it would be important for someone to simply ask.



To: Steady_on who wrote (24865)5/23/2012 8:37:49 AM
From: jimmenkneeRespond to of 53574
 
Sure-- I don't need to fear forgetting to count toilet paper rolls or the numbers of those who might need to use them...

siliconinvestor.com

Quietly JBI went from CEO + CFO = $280,000/yr

to

CEO + CFO + CoT = $700,000/yr

how many employees now? 5 Executives, 1 CoT and 51 others?

(Just curious-- you have a math model that says break even = 50% up time?)




To: Steady_on who wrote (24865)5/26/2012 11:09:48 AM
From: 1CoffeehoundRead Replies (3) | Respond to of 53574
 
Wonderful rhetoric, does that translate into numbers that you are willing to post?

Apparently not although he has no problem with fabricating a "conclusion" based on the fabled $10/bbl number. It appears certain numbers fit an agenda and other numbers do not.