Posted On: 05/14/2014 6:02:02 PM
Post# of 43065
Re: techisbest #8048
It would be hard to fail with a process that could produce an oil for a cost of under $10, with all expenses thrown in, which had refineries offering three dollars under the price of West Texas Intermediate crude oil spot.
A company which could produce a commodity with 90% gross margins wouldn't really need to search for years for just the right business plan to commercialize it.
However many investors seem to believe that the stated price of under $10 and the stated Somerset offer of WTI-$3 was just a goal of Mr. Bordynuik's and not a false statement of fact. Apparently the testing with the 1kg processor and 1-ton processor never included any sort of testing whether or not those amazing cost/price claims were true. The testing apparently verified that pyrolysis still works and that it could be scaled up...but evidently any necessary testing to determine the value was simply overlooked.
A company which could produce a commodity with 90% gross margins wouldn't really need to search for years for just the right business plan to commercialize it.
However many investors seem to believe that the stated price of under $10 and the stated Somerset offer of WTI-$3 was just a goal of Mr. Bordynuik's and not a false statement of fact. Apparently the testing with the 1kg processor and 1-ton processor never included any sort of testing whether or not those amazing cost/price claims were true. The testing apparently verified that pyrolysis still works and that it could be scaled up...but evidently any necessary testing to determine the value was simply overlooked.
(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.
Scroll down for more posts ▼
