1 - Islechem didn't report what type of plastic we
Post# of 43064
2 - The NYDEC checks whether it's pollutive, not economic viability. Properly burned hydrocarbon plastics release carbon dioxide and water, just like a gasoline engine.
3 - SAIC relied on undisclosed assumptions provided to them by JBI. Odd since there should be real data available by now with all this production and testing and there shouldn't be any more assumptions.
4 - What are the 'peers' supposed to do? Spend money to debunk Mr. Bordynuik's paper?
5 - Bottom line again, cost of feedstock, realized price of fuel. JBI referenced selling third party fuel in the past...is this third party fuel or value-added fuel from waste plastic??
6 - Processor #3 may well have undergone a 30- and 42-day run. What were the performance results (cost in, revenues out)??
7 - Crayola is sleazy. They care about pretending to be green and could care less that FedEx burns an average of a gallon of fuel and even more in other resources to deliver markers which won't produce even a gallon of undetermined fuel. From JBI's side, what is the realized price from the fuel produced from used markers?? Nobody knows.
8 - Reports of what to US Steel?? What was the cost of the feedstock which was converted to fuel and for how much was that fuel sold to US Steel??
9 - If the processors were running well...You could e-mail IR and ask if processor #3 has been profitably running at near capacity for most of the quarter. If you get an answer then ask what obstacles are currently standing in the way. Mr. Bordynuik has pulled that for nineteen quarters so far. Do you think he doesn't have the gall to pull that for a 20th quarter?? Ask.
10 - I'm sure Heddle is negotiating processor sales. Again, what are the costs of the feedstock and what are the revenues for what comes out?? You can see how difficult an actual sale would be without that data.
We have different philosophies. The cost of scrap plastic pretty much says Mr. Bordynuik's process is worthless even if pure diesel comes out. Scores of companies have tried before. Mr. Bordynuik hasn't been honest in the past. I think it's really, really smart to send an e-mail asking about performance or asking what's holding up that profitable full production. You, on the other hand, choose to trust. There are so many crooks in the pennies that it pays to be careful, you probably shouldn't just trust thousands of dollars to a penny stock operator without any evidence of value.
If you decide to trust a penny stock operator despite the lack of any evidence of value, you should be concerned about dishonesty (patents, commercial operations, undisclosed assumptions) and concerned when delays happen for years on end.
Again, it's a simple e-mail to IR to ask what's currently standing in the way of processor #3 going into full, profitable production.