"Once again, have you got proof or are you making
Post# of 43064
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Founder Mr. Bordynuik says he found a secret catalyst which, when added to plastic pyrolysis, allows him to make oil worth WTI-$3 for a cost of under $10/bbl. Not only would this claim be the first time plastic pyrolysis is profitable, but profitable to the tune of an amazing 90% gross margins! Founder offers no evidence whatsoever to back up these claims but gets investors to put in tens of millions of dollars. Founder gets wealthy but something always stands in the way of this amazing technology's results coming to fruition.
Investors should instead ask whether Mr. Bordynuik has any proof that he has a process which converts plastic feedstock into something more valuable. The market prices for sorted scrap plastic refutes Mr. Bordynuik's claims so it would be smart to make Mr. Bordynuik back up his claims.