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Thursday, January 12, 2012 8:11:06 PM
Processor #1 is up and running as advertised 2 + years ago. Processor output is in XXXXX amount and was sold to XXXXX for XXXXXX dollars.
Either:
1. JB won't PR the above information
2. JB can't PR the above information
Based on my experience reading JBII's previous PRs, the answer is clearly #2. JB has been nothing if not a guy who loves to tell the world what a mover and shaker he is ($10 mil media credits included)
So IMO, talk of additional P2O machines being built and put into service is putting the cart wayyyyyyyyyy before the horse. You don't go into production of additional units until the prototype is proven and finished.
And with the form D: $2,795,000 sure sounded impressive when it was PR'ed, but when you're looking for 5 mil, it's not a very ringing endorsement of investor belief in either the product or the credibility of the company.
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