I agree with Gandalf there. It's too bad he was s
Post# of 43064
Galdalf is gravitating around the idea that a processor should be put into operation to give PTOI credibility. That's what's known as a "proof-of-concept." A profitably operating processor would be a testament to the commercial viability of PTOI's processor. If customers see the profitability but still wouldn't want to buy a processor, PTOI could simply keep raking in profits until they do find a buyer. A proof-of-concept showing profits would get new investors throwing billions of dollars at PTOI.
PTOI founder Mr. Bordynuik understood this well so he faked a proof-of-concept all the way to even saying he had a $80k commercial processor in full production, producing 115 bbl/day of WTI-$3 oil at a cost of under $10/bbl. The "price matrices" which investors put together blew up when they entered those fantastic numbers.
The story floating around here that CEO Mr. Heddle simply doesn't know how to communicate properly is ridiculous. If he isn't telling investors what they need to know, it's because he doesn't want investors to know. You can speculate on his motivations, not on whether he's simply too incompetent to put out press releases conveying useful information to investors.