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

To: 1Coffeehound who wrote (25257)	5/30/2012 4:15:11 PM
From: PaperProphet	Respond to of 53574

"And for whom was commercial viability validated?" As far as anyone knows, nothing was validated. According to the press release, Mr. Bordynuik just hired SAIC to review the the technology and commercial viability, announced with fanfare that they completed a "successful review" (they 'successfully' completed their review), but Mr. Bordynuik kept any actual results of their review secret. It's that suggestive language for which Mr. Bordynuik is infamous. finance.yahoo.com

To: 1Coffeehound who wrote (25257)	5/30/2012 7:17:36 PM
From: old 'n cranky	Read Replies (1) \| Respond to of 53574

"And for whom was commercial viability validated?" The Pipe people. From the PR reporting the financing: "In conjunction with the financing, SAIC Energy, Environment & Infrastructure, LLC (“SAIC”) was engaged to perform an independent review of the P2O technology and its commercial viability. The preliminary report provides a detailed analysis of the technology, process and business model for the Company’s patent pending Plastic2Oil process. The report also contains a pro-forma financial assessment of the capital costs and earnings for the P2O business model based on a scalable roll-out of three unit clusters." I'm not sure how, but I'm under the impression that the Pipe holders can legally be provided with information that doesn't have to be provided to the general public.....you may recall that the October 2009 Pipe prospectus was marked "Confidential". On the face of it, it wouldn't seem legal, but apparently it is. Anyway, the point is that the "pro-forma financial assessment of the capital costs and earnings for the P2O business model based on a scalable roll-out of three unit clusters", which seems like it should be available to everyone, wouldn't seem to be.