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agribusiness72

04/02/15 6:00 AM

#280657 RE: Rakestar #280656

Let me say it again, why would anyone want to buy a processor that will lose them money in the long run? Cost prohibitive to anyone attempting pto, period. But, if it is pointless why would they chose to include it in their 10K.

Show me a valid processor sale and I'll agree they are in the business, until that happens its all BS. But since they have no money as of 30 March 2015 to fix their processor, there is a bit of doubt about the pilot ever happening, or will ECO come up with the 250k to first fix the processor and then start their pilot?? Or why doesn't the CEO front the money, hell its only 250K. But, come on, how long does it really take?? If these are such "done deals" P20 should run to the bank and be able to get millions in cash as the bank will surely get repaid once the sales are completed?? 10K just proves they are broke, nothing moving forward, no ability to finance?? Oh wait, lets see what 1stQ report shows by then a complete pilot program update. WOO HOO can't wait. Subpenny by EOY

Zorax

04/02/15 1:36 PM

#280684 RE: Rakestar #280656

So when can we read a sales receipt or sales contract or contact an actual outside company who bought a system?

Rev Kilgore Mullet

04/02/15 3:11 PM

#280685 RE: Rakestar #280656

The price of oil is mostly irrelevant at this point.



Somehow, for a company supposedly engaged in building pyrolysis machines, I don't think that's true.