Posted On: 03/23/2014 12:01:36 AM
Post# of 43066
"...eventually with proof of concept on the way the errrrr naked shortys will cover no....."
Does everyone understand what a "proof of concept" is?
A proof of concept shows that the concept is viable. In JBI's case, it should have been the 1kg processor in 2009. A representative waste sample should have been fed in, pyrolyzed, and the market value of the output oil should have been determined.
Mr. Bordynuik instead built a straw man and said scalability was the issue. He then scaled up to 1 ton and found it worked, thus overcoming his straw man obstacle. Then he bought a 20-ton from Donghe--which should have told him right there that his notion that pyrolysis wasn't scalable was ridiculous.
A proof of concept is done. Mr. Bordynuik already knows whether or not the output of his pyrolysis is worth more than the feedstock which went in. There's a reason why he's not disclosing that information. There's a reason why shareholders have seen five years of one delay after the next. The excuses you're hearing from the company belie the real reason.
Does everyone understand what a "proof of concept" is?
A proof of concept shows that the concept is viable. In JBI's case, it should have been the 1kg processor in 2009. A representative waste sample should have been fed in, pyrolyzed, and the market value of the output oil should have been determined.
Mr. Bordynuik instead built a straw man and said scalability was the issue. He then scaled up to 1 ton and found it worked, thus overcoming his straw man obstacle. Then he bought a 20-ton from Donghe--which should have told him right there that his notion that pyrolysis wasn't scalable was ridiculous.
A proof of concept is done. Mr. Bordynuik already knows whether or not the output of his pyrolysis is worth more than the feedstock which went in. There's a reason why he's not disclosing that information. There's a reason why shareholders have seen five years of one delay after the next. The excuses you're hearing from the company belie the real reason.
(0)
(0)
Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product and/or technology even more revolutionary.
