InvestorsHub Logo
Followers 124
Posts 19854
Boards Moderated 0
Alias Born 12/15/2000

Re: loanranger post# 311213

Friday, 09/17/2021 2:40:03 AM

Friday, September 17, 2021 2:40:03 AM

Post# of 312012
loanranger I remember your identity from then. I have lost more than 100,000 dollars in this company and in a Swedish company with a similar technology - Cassandra Oil. Now a Norwegian Company - Qantafuel - in the same business has a market cap og more than 400 million dollars. It had revenues of about60,000 dollars in the last quarter becahse of various challenges but expects to start generating great revenues after the turn of the year.

One of the biggest challenges for this company and for others is that consumers put other things than suitable plastic in the same bag as the plastic, for instance paper. For this company it was very expensive to remove all the other things as far as I remember. I have tried to warn investors about all the challenges this sort of business faces on a similar board.