Monday, January 27, 2014 3:03:36 PM
Whoa, wait. Has the processor performed at the rates you mentioned or does John Bordynuik wish for that to happen as a goal???!!!??? Enormous difference. I highlighted "his goal" below, which again, is very different than something that has actually happened.
AGM Transcript:
Fortunately, we have relationships with large engineering firms that have had the advantage of reviewing other competitive systems and have in turn validated ours. We learned a lot from these firms and were reassured at various stages in our evolution that simply “you don’t know what you don’t know.” What I mean by this is when you have a new technology that hasn’t been done before, you don’t know always what issues are left until you’ve removed any in your way. This is a new technology that has been put through a very fast evolution from a 1 gallon desktop reactor to a massive, high volume, waste plastic to fuel production plant. With our current permit of 4,000 lbs/hr, my goal is to achieve 3,000 lbs/hr or 36T/day on average on System 3. We have overcome growing pains in all areas of the business and become a stronger, more adaptable company because of it. We believe this experience will be very beneficial to our future partners. We worked through these challenges and we will continue to work towards our goals.
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