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rsh

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Alias Born 04/28/2015

rsh

Re: kennypooh post# 10458

Sunday, 12/25/2016 6:17:43 PM

Sunday, December 25, 2016 6:17:43 PM

Post# of 21155
Quite Right! The only thing I would add is that, even in really good companies, a CEO will put out press releases with actual facts but are easily misunderstood by a sufficient number of "true believers" to bring in some money. After all, it is the job of the CEO to keep the company funded for however long it takes to either succeed or flatly fail.

I see people on this board who do not understand the science at all but look at the Press Releases as some major announcement. For HYSR, nothing is further from the truth. The most recent PR basically stated that they had achieved ~1.6V, new prototypes to allow larger production, etc. etc. While all of those claims are probably factual, they are totally irrelevant! Yet that generated the buying of shares.

It does not matter one iota that HYSR has a prototype, has raised the voltage to whatever and so on. Even if they actually achieved voltages of 5V !!! all that is meaningless, unless:

The cost of the particles that produce the H2 makes them commercially viable. As an exaggerated example, if it costs $10 to manufacture (on any scale) particles with any voltage capacity that produce a sufficient amount of H2 that sells for only $1, everything else is irrelevant! The actual cost of the particles must be far less than the revenue generated from the H2 they produce! Some people here seem to miss that.

To the point, Time Young's press releases have consistently acknowledged the "challenges" facing commercial production, many readers of that PR just assume that to be a trivial step when, in fact, it might be a non-achievable one (and probably is). That is quite likely why big companies have not yet jumped on board.

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