Posted On: 04/23/2014 7:52:07 AM
Post# of 43065
Re: techisbest #7293
What I hear from most shareholders is that SAIC wouldn't have risked their reputation by using bad assumptions so they would have verified everything when they did the analysis two years ago. Most shareholders believe that SAIC's analysis is accurate, validating Mr. Bordynuik's pyrolysis and SAIC estimated that three JBI processors would produce $28,000,000 per year in EBITDA for the company.
You'll have to admit that if you're right and the company just needs to be "given enough time" then they would be no further ahead than any other startup company attempting to commercialize pyrolysis. Shareholders were told that what made Mr. Bordynuik's pyrolysis unique was that Mr. Bordynuik already had possession of a fully developed, research and development complete, catalyst which could be used with plastic pyrolysis to make it highly profitable. If Mr. Bordynuik's process and catalyst can only become profitable if given enough time with more research and development then that's exactly where all the other pyrolysis companies are...and shareholders' success is dependent on whether Mr. Bordynuik can tinkerfark it into profitability.
You'll have to admit that if you're right and the company just needs to be "given enough time" then they would be no further ahead than any other startup company attempting to commercialize pyrolysis. Shareholders were told that what made Mr. Bordynuik's pyrolysis unique was that Mr. Bordynuik already had possession of a fully developed, research and development complete, catalyst which could be used with plastic pyrolysis to make it highly profitable. If Mr. Bordynuik's process and catalyst can only become profitable if given enough time with more research and development then that's exactly where all the other pyrolysis companies are...and shareholders' success is dependent on whether Mr. Bordynuik can tinkerfark it into profitability.
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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.
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