InvestorsHub Logo

xxxxcslewis

06/03/15 2:44 PM

#283080 RE: tykundegex #283076

It was a development stage company. It took four years to the install and test #3 processor.

The operation of #3 wasn't as long as would have been ideal but #3 processor works. The design may be tweaked by OBG, but it works.

The first sale will validate the technology. Many more will follow.

The economies of scale refers to the efficiency of operating more than a single processor on site. A three to four person crew can operate several processors or just one. Several makes more sense.

I have continued to buy over the past several years. My cost basis is very low. The opportunity to lower your cost basis still exists.

Apparently your average cost currently is $4.50/share. If you bought 500 shares at that average cost you stated, you invested $2250.

If you invested a like amount now you could buy 25,000 additional shares and bring your total shares to 25,500 and lower your cost basis to $.18/share.

I did something similar to that.

Just a thought. Trying to be helpful