Re:<"in your opinion... will jbii ever get a permit/ produce oil/ sell it? or are none of these going to happen?">
I've seen a few of these pyrolysis penny stocks dazzle investors by making, "fuel," "crude oil," "an additive for diesel," etc.... JBII added the term, "near diesel" in addition to saying it can be sold as crude oil and now JBII's appears to be a gasoline/diesel mixture which JBII hopes to blend with something which Mr. Bordynuik hasn't disclosed yet. In my experience, there's only one reason why a company won't communicate any honest, straightforward evidence of value--there invariably isn't any. If they had the evidence, they would be happy to lay their cards face-up on the table. If they don't then they will put on a poker face and lay their cards face-down on the table--after all, a few people will believe the company has a royal flush if the company suggests it is.
The bottom line is that pyrolysis processes work--heating up plastic or dry biomass or dry municipal waste in an oxygen-free environment really does produce a burnable liquid and burnable gas. Many have done it. You can find videos on Youtube that show the process being done. You can even search on "wood gas" to show how to modify a car to run on pyrolyzed wood vapors. But these companies always fall short when they try to find a commercial use for it.
So when a company suggests that their process is valuable and even claims 90% margins--all without ever giving any clear evidence that it's good for anything or that anyone will buy it then being a skeptic is much more likely to save an investor their hard-earned money.
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Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product even more revolutionary.
AI
