I am convinced the technology is viable, the facil
Post# of 43066
Posted On: 09/09/2015 12:12:37 PM
Quote:
I am convinced the technology is viable, the facility will be repaired for a pilot, the pilot will be successfully run and multiple sales will follow. The share price will then reflect the financial results rather than the arbitrary, possibly manipulated, current valuation.
And yet, Heddle chose not to repair a processor for a few hundred $K, but spent $4.5 MILLION on SG&A while the company and its processors sat idle for TWO YEARS.
And Bordynuik dumped 850,000 shares that we know of back at $1.40, and left the company.
With not a single shred of evidence in support of the processors being capable of converting plastic to oil profitably. In fact, strong evidence to the opposite, in financial filings showing massive losses whenever the processors were run.
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