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Tuesday, October 08, 2013 11:57:49 AM
Nobody expects a perfect pyrolysis process but that is exactly what John Bordynuik promised from day one initially due to a catalyst he found and then due to endless tinkering. But again Bordynuik is the one who set this expectation. And you could chalk that up to youthful exuberance but surely as 2011 wore on and the issues started to show and then into 2012, a little honesty would have gone a long way. But we are always told after the fact about how the problem existed but is already solved. Only to discover in the next filing it really was not solved but is solved for next quarter. Rinse and repeat. That is what wears on typical investors.
So I think a detailed and honest 10Q would be more valuable than an interim update. Especially considering the last one cherry picked information that left out critical items for a real evaluation. Just my opinion.
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