The transaction with EcoNavigation represents an important milestone for the Company because its marks the Company's first sale of Plastic2Oil™ processors
Had this not been a lie, one processor would already be in operation.
About week later Rick said:
. . . I wanted to provide some clarity on the pilot and on the anticipated sale of processors.
EcoNavigation is a privately held start-up company, it . . . has access to both sufficient capital and plastic waste generators to complete the pilot. We are confident the pilot will reach a successful conclusion.
and yet it was better to forgo this company and pursue even better options.