Saturday, January 26, 2008 10:35:40 AM
Well let's see...
I know just enough about physics and chemistry to know that Dr. Rivera was lying his butt off when he made the claim about producing five gallons of a 128,000 BTU/gallon fuel from a bushel of soybeans.
I know just enough about processes to know that the "Rivera Process" is pyrolysis--a process which is interesting but somewhat obscure due to its lack of usefulness.
I know just enough about startup companies to know that the number one priority of any legitimate startup company trying to produce or sell a product is to do a proof-of-concept and clearly communicate that to investors and customers. When they don't but only offer suggestions of value to investors then there's something seriously wrong. Dr. Rivera's press releases appear very intentionally obfuscated and they're that way for a reason.
I know just enough about statistics to say that Dr. Rivera appeared to have little or no material basis for any of the massive number of projections he made over the last year and a half. Statistics say that if any of his projections which he "highly anticipated" had any material basis whatsoever then at least a few of them would have come to pass. That improbability is enough to prove beyond a reasonable doubt that Dr. Rivera spouts fiction to investors. There's generally only one reason why penny stock companies do that.
I certainly could go on.
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