Your question: "And can you please enlighten me on how you know how ETF does it's testing, or is this just a guess?" is easy to answer.
I am a degreed bio-chemical engineer & consultant specialized in the Air and waste water treatment business for metal finishing, with my own patents and my own R&D lab. So I know how it is done. I actually own some of Shell's old lab equipment for running the tests ETF is running. That is also why I got so excited about CABN's direction and plans 2 years ago and invested in CABN stock back then.
Here is my problem. I think if Byron had any real commercial site tests underway, he would be telling us who it was and screaming it from highest mountain top. Since he did not, I get the impression he is stretching the facts with typical PR fluff style, and it sounds like you and others bought into that fluff hook line and sinker. I was one of the early retail investors in CABN, got in shortly after Byron showed up at CABN. So I am pretty good at reading between the lines now in terms of Byron's PRs, as I have read his PRs for over 2 years now, And I know what he said 2 years ago, 18 months ago, 12 months ago....., and I know that what he said has all too frequently failed to happen.
I also own shares in a CABN competitor that has already signed 3 huge JV deals with three huge companies, but has repeatedly stumbled on terms and financing the JV pilot plants, thus dragging things out for another 18 months while they burn cash...etc. I myself had an offer from Ford (2000) once for a $1,000,000 performance contract system order (my patent), from a VP of Ford Motor, and was not able to deliver because we could not get it financed, as it was still in need of a pilot plant trial to work out the process control bugs, before taking on a full sized system order.
CABN has yet to sign on a single JV partner! Why is that?????
Ambition with out knowledge is like ship in dry dock. Going nowhere fast!
