Posted On: 07/15/2014 11:34:02 AM
Post# of 43065
"the absolute bottom line to all of this is John has developed these machines from scratch that are now being constructed by a reputable engineering firm and shareholders who have waded thru piles of crap in the last 5 years will finally get to see Johns concept turning into a viable reality"
The story five years ago was that Mr. Bordynuik found the recipe for a catalyst on a tape drive. That catalyst was supposed to be the disruptive technology which allowed JBI to beat the pants off of all other companies trying to make pyrolysis profitable. The catalyst supposedly could be added to any pyrolysis process to make it wildly profitable.
Mr. Bordynuik's business plan at that time was to buy an $80,000 pyrolysis processor from a company called Donghe and start cranking out 115 barrels per day of $10/bbl crude oil for which he said he had offers to buy at $75/bbl from Somerset Refinery.
Over time and a slow metamorphosis, Mr. Bordynuik slowly changed the story to say the disruptive technology is now his supposedly amazing processor design. That last story is the story you're referencing. Mr. Bordynuik puts out a lot of lip service but zero evidence that anything he's produced is even novel, much less useful. Mr. Bordynuik's patent applications for his pyrolysis design have all been rejected because they're nothing new...yet he wants investors to believe he has developed something that no other pyrolysis company has ever even come close to developing.
The story five years ago was that Mr. Bordynuik found the recipe for a catalyst on a tape drive. That catalyst was supposed to be the disruptive technology which allowed JBI to beat the pants off of all other companies trying to make pyrolysis profitable. The catalyst supposedly could be added to any pyrolysis process to make it wildly profitable.
Mr. Bordynuik's business plan at that time was to buy an $80,000 pyrolysis processor from a company called Donghe and start cranking out 115 barrels per day of $10/bbl crude oil for which he said he had offers to buy at $75/bbl from Somerset Refinery.
Over time and a slow metamorphosis, Mr. Bordynuik slowly changed the story to say the disruptive technology is now his supposedly amazing processor design. That last story is the story you're referencing. Mr. Bordynuik puts out a lot of lip service but zero evidence that anything he's produced is even novel, much less useful. Mr. Bordynuik's patent applications for his pyrolysis design have all been rejected because they're nothing new...yet he wants investors to believe he has developed something that no other pyrolysis company has ever even come close to developing.
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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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