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Re: Optimus917 post# 1737

Friday, 06/10/2011 1:26:58 PM

Friday, June 10, 2011 1:26:58 PM

Post# of 15748
I have been in this for about 2 years myself and agree there has been a lot of change in direction for them. Wasn't that all about the cataylst and patents though? However, this seems to be in the past. They have a catalyst that works, is proven to work, and is currently in the process of producing samples of gas. This looks like the final stages. Afterall, isn't the purpose of their technology to make gas?

As to your direction/schedule section, this isn't really a fair comparison. Yes you can mapquest a certain destination and find the best way to get there, but that is only because someone has taken ALL those routes before and knows how to get you from point A to point B and do it in the quickest way. CABN has new technology. They are building their own "mapquest" in regards to energy independence. Nobody has traveled down the roads they are traveling. They have to look at each route and determine the best way to go. Of course there are going to be roadblocks at some point. If a company X has already done what CABN is doing, and CABN wanted to follow company X's guide to success but still had trouble hitting the schedules laid out, I would be concerned. Do you think Microsoft, GM, Pepsi, etc...all hit every goal and timeline they laid out when they first started out? I would guess not. The main goal that stuck in my head was Byron saying American cars could be running on gas produced by CABN's technology by the end of 2012 to early 2013. To me, this is the only goal I really cared about. Don't care how you get there, but get there. (a little sarcastic there)

As far as cost goes, I'm not sure exactly as to what lies ahead. I would assume there is going to have to be some sort of equity financing moving forward. How much is debatable I guess. To my knowledge, once their technology is proven and ready to go, they are going to license out their technology. Then revenues happen. Hopefully lots of them.










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