Question for 4kids. Your statement: "I see little
Post# of 43064
"I see little point in engaging..."
Why not? Would you prefer to ignore outside opinions? I suppose the only reason for assuming 75% complete is that that much time has passed since the last report from the company. In other words, it is a bold assumption, nothing more. If I am going to invest in something I want it to stand up under scrutiny. Not that I regularly get feedback on this or other similar forum, but if someone chooses to engage me on a stock I own, I will.
Think about it. Why would Heddle go ahead and build machines 4 and 5? I wouldn't.
- they don't have the cash to build them
- they are not profitable as fuel producers for JBI because they need free feedstock (at least) to be profitable
- they would need to be deconstructed if sold in that case
- apparently there are no bugs left to work out, so no real reason.
- fuel produciton is not the game plan
- they could be built specificaolly for a customer's needs
I would expect that they would be completed once customers sign on, then they would be tailored for that customer's needs. The challenges are; if the customer is not in the fuel business, it is a distraction, and they may prefer to focus on their core competency, what ever that might be. Since the fuel output might require additives, that works against public sector being a customer, as they are highly regulated. Private sector is highly profit-motivated. Not good for JBI either.. Lastly, anybody serious about it would want to have some type of prototype or at least see it profitably working according to their business model and specs before committing.